GEK Terna

Index climbs to highs unseen since February 2015

A predictably quiet day on the Greek bourse on Friday ended at the highest point of the last 58 months as buyers proved quite active in the last hour-and-a-half of trading.

The Athens Exchange (ATHEX) general index ended at 920.54 points, adding 0.88 percent to Monday's 912.52 points, the highest since February 2015. On a weekly basis it advanced 3.19 percent.

Elliniko casino license is not expected before summer of 2020

It's already been three months from the day that binding offers by Hard Rock International and the consortium of Mohegan Gaming & Entertainment and GEK Terna were submitted for the Elliniko casino permit, but there is yet to be a decision on the sufficiency and the legitimacy of the documents submitted.

ATHEX: Stocks keep inching higher at Athinon Ave

Unlike most of its eurozone counterparts, which appeared particularly nervous due to the raging international trade wars, Athinon Avenue demonstrated resilience on Friday, again edging higher, although this time turnover was in line with the weather in Athens, reminiscent of the dog days of summer. This resilience was also reflected in Greek bond yields, which dived to new historic lows.

Terna Energy Finance to launch green bond tender offer Oct. 16

Terna Energy Finance, the financing arm of Terna Energy, will launch a tender on Oct. 16 for a green bond loan of up to 150 million euros, it said on Monday.

The offer for the seven-year bond will end on Oct. 18, it said.

A source at Terna Energy said that about 90 million euros from the bond will be used to build a wind park in Greece and to buy one in the United States.

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