National Bank

A Council of State decision that raises obstacles to the privatization of the Athens Water Company (EYDAP) and the election of a new Piraeus mayor who is against the sale of the OLP port authority failed to dampen investors’ relief on Monday at Greece’s European and local election results, which appear to have reduced the chances of an early general election, for now at least.

Greek stocks staged an impressive rebound on Tuesday, with the Athens benchmark adding almost 5 percent and all blue chips securing healthy gains on the day that more than 1.136 billion new National Bank shares were introduced.

Police cordoned off Skoufa Street in the central Athens neighborhood of Kolonaki oN Friday morning after an anonymous caller warned that a bomb had been planted outside a National Bank of Greece branch there.

Police and bomb disposal experts rushed to the scene after to warning calls were made to Ethnos and Eleftherotypia newspapers shortly before 10 a.m.

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

By Dimitris Kontogiannis

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.

Greece's jobless rate improved in February to its lowest rate in more than a year, data showed on Thursday, in another sign the Greek economy is emerging from a crippling six-year slump.

The National Bank of Greece has priced its share offer at 2.00-2.60 euros a share, in a placing worth up to 2.5 billion euros, two sources familiar with the matter said on Wednesday.

“There has been incredibly broad-based demand,” one of the sources said.