Eurobank Ergasias

ATHEX: MSCI boost for Eurobank leads to high trade volume

The surprise announcement of the earlier inclusion of Eurobank in the MSCI Standard Greece Index gave a boost not only to the lender's stock but also the whole bourse on Tuesday, leading the benchmark to major gains and turnover to its highest level in 50 sessions - just a whisker away from 100 million euros.

The Commission on Protection of Competition allows Eurobank Bulgaria to Acquire Piraeus Bank

The Commission on Protection of Competition has permitted Post Bank, with legal name Eurobank Bulgaria AD, to acquire Piraeus Bank, Bulgaria.

After permission for the deal was given by the Bulgarian National Bank, the financial entity is now the fourth biggest financial institution in terms of assets in Bulgaria.

European distinction for Bernitsas Law firm

Greek firm Bernitsas Law has been named the Most Innovative Law Firm of the Year in Greece at the 20th International Financial Law Review (IFLR) Annual European Awards.

"Bernitsas won the award due to its role in key transactions of 2018 that will influence legal practice in a number of fields, in Greece and maybe elsewhere," the IFLR said in a statement.

ATHEX: Traders buy into expected result of the next election

Bloomberg reported on Monday that Greek securities have good momentum as traders buy into the prospect of a forthcoming election that will bring in a pro-business government, and the benchmark at the local bourse duly rose to a new nine-month high on a uniform advance by most blue chips.

ATHEX: Fresh 8-month high for bourse benchmark

The Greek bourse continues to go from strength to strength, with its benchmark recording another eight-month high on Friday, boosted by the performance of bank stocks as well as the continued drop of the yield on Greek state bond ahead of a possible new issue. The Eurogroup decision mattered little for traders, as they had already factored it in earlier in the week.

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