Eurobank

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).

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]

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.

 Return to normal conditions may take longer than many businesspeople and other professionals think

By Dimitris Kontogiannis

By Yiannis Papadoyiannis

Next year will belong to the country’s 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.

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.

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.

The drops sustained by National Bank and OTE telecom stocks determined the course of Thursday’s bourse session, which started with gains and ended with losses for the main index.

Eurobank dominated the action during Tuesday’s bourse session. The bank stock’s major decline combined with its 53.5 percent share of all trading on the day sent indices lower as the turnover climbed.