Marfin Investment Group

The handful of traders who took an interest in the Athens stock market on Monday only did so to ease out of the bourse amid growing concerns that capital controls may be imposed as a deal between Greece and its creditors remains elusive. Trading was also at a record-low due to the public holiday in most European countries, on top of the prolonged uncertainty over the talks.

Mixed reactions in Europe to a Greek demand for an extension to its bailout framework submitted on Thursday resulted in increased volatility in the local stock market, but buyers kept the upper hand at the end of the day.

By Nikos Roussanoglou

Ethniki Pangaea, the country?s leading real estate investment company, has decided to freeze all its plans for the acquisition of properties and bourse listing until political and economic developments in the country become clearer.

By Dimitra Manifava

Food group Chipita is relocating back to Greece from Cyprus, bucking the recent trend of major enterprises leaving this country. The move is based on the improvement in Chipita?s net position and on the decision to relist the company on the Greek bourse, according to the company?s CEO Spyros Theodoropoulos.