Eurobank
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Investments of 37.6 bln in two years
By Dimitra Manifava
Investments amounting to 37.6 billion euros have come to Greece since the change of government in June 2012, Development Minister Costis Hatzidakis announced on Wednesday, citing a survey by the Center for Planning and Economic Research (KEPE).
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Fitch affirms NBG, Piraeus, Alpha, Eurobank at B-
Fitch Ratings announced on Tuesday it has affirmed the long-term issuer default ratings of National Bank of Greece, Piraeus Bank, Alpha Bank and Eurobank at B- with stable outlooks.
[Reuters]
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Fairfax chief shows confidence in Greece and its government
By Yiannis Papadoyiannis
Fairfax Financial Holdings founder and chief executive Prem Watsa has expressed optimism to Kathimerini regarding the course of the Greek economy and said he was impressed by government efforts to improve conditions in the country.
No end seen to local credit crunch yet
Return to normal conditions may take longer than many businesspeople and other professionals think
By Dimitris Kontogiannis
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Bankers believe that 2015 will be the year of the credit sector
By Yiannis Papadoyiannis
Next year will belong to the countrys banks, as according to the presentations that their officials have been making to foreign investors in view of the share capital increases, 2015 will see positive credit expansion, a reduction in nonperforming loans and strong profits.
Banks take weekly bourse losses to 4 pct
Sellers had a field day the local bourse on Friday, sending the benchmark below the 1,200-point mark after seven sessions on the same day that Eurobank grabbed 50.5 percent of all trading with the introduction of its new shares, taking total turnover to more than 320 million euros.
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Greece's National Bank completes 2.5 bln euro share sale [Update]
National Bank of Greece (NBG) became the latest of Greece's four major lenders to successfully tap international markets as prospects of a recovery in the Greek economy lure investors.
OTE, National weigh on main bourse index
The drops sustained by National Bank and OTE telecom stocks determined the course of Thursdays bourse session, which started with gains and ended with losses for the main index.
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Eurobank, PPC propel local bourse higher
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Eurobank’s big slide drags most local stocks lower
Eurobank dominated the action during Tuesdays bourse session. The bank stocks major decline combined with its 53.5 percent share of all trading on the day sent indices lower as the turnover climbed.
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