Eurobank

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.

By Evgenia Tzortzi

The successful share capital increase of Eurobank and the forthcoming one of National are changing the lenders’ plans for the sale of EFG Eurolife and Ethniki Insurance respectively.

 Management, HFSF express satisfaction with successful completion of share capital increase

By Yiannis Papadoyiannis

The thumbs-up given by Moody’s to Greek banks, coupled with the expected return of Eurobank and Viohalco to the blue-chip index ended the decline of Greek stocks with a late rally that gave the benchmark marginal gains on Tuesday.

The European Commission has approved restructuring aid for Greece's third-largest lender Eurobank, the European Union executive said on Tuesday.

"The plan will enable the bank to become viable in the long term without unduly distorting competition,» the Commission said in a statement.

By Alexis Papachelas

It took Eurobank just four hours to fill its book with adequate offers for its approximately 2.5-billion-euro share capital increase from foreign investors on Friday, as investors offered 1.24 billion euros to add to the 1.33 billion that the consortium led by Fairfax has tabled.

Revolutionary Struggle, an urban guerrilla group that emerged over a decade ago, on Friday claimed its first attack in more than four years as a proclamation posted on the Indymedia website said that the organization planted the large car bomb that exploded outside the Bank of Greece on April 10.