National Bank

Greetings, the day after a significant political event, such as the expulsion of a prominent political figure from their party, is always “a cold day” for everyone who thinks a little more than just about…social media. After all, Mitsotakis himself has always been a moderate politician who thinks quite thoroughly and methodically about his moves and decisions.

Hello, so tomorrow marks “D-Day” for poor Stefanos, as the “priesthood,” as Pen Dalaoura (troll) calls it, along with his lyricist supporter, will decide whether to allow him to be a candidate or not. Now, let me tell you there was a bit of a fuss, as they say, among the anti-Kasselakis crowd.

Greetings! The old folks used to say, “a village with few houses is a bad village,” and that phrase came to mind with SYRIZA, who, after pulling each other’s hair out all weekend in the second basement of a hotel in Metaxourgeio, suddenly they remembered the Novartis scandal. So, it seems that journalist Lianis claimed someone apologized on behalf of Tsipras to Loverdos.

The state has completed the sale of a 10% stake in National Bank, and the Greek stock market can now revert to its normal mode after a streak of loss-making sessions, with the historic lender seeing its stock price end up level with the stake's transaction price of 7.55 euros on Thursday. Overall the benchmark at Athinon Avenue closed near the day's low after another selling spree.

Bank bailout fund HFSF has said that it will not accept bids below 7.55 euros per share in an equity offering of National Bank of Greece, citing strong demand by investors.

HFSF is selling a 10% stake in National Bank, the country's second largest bank by market value, through a book-building process and a public offer in Athens which ended at 3 p.m.

Journalist Lefteris Giannakopoulos has lost his battle for life after a long battle with Parkinson’s disease. ESIEA announced the sad news.

Lefteris Giannakopoulos was one of the most hard-working, modest, and creative people in the Greek media in recent decades, who served, among others, as editorial director of “Vima tis Kyriakis”.

The domestic market is reacting, after the 4-day downward streak that preceded it, which was a result of the lack of positive catalysts. In contrast to previous days, Athens is tuning in today (12/9) to the rally in international stock markets. The resurgence of buying interest is driven by Wall Street’s tech rally, as well as the boost provided to euro markets by the ECB’s monetary easing.

National Bank and Alpha Bank are reducing commissions in selected categories of transactions.

The reductions also include the charges for direct remittances - i.e. those executed in real time - for which both National and Alpha announced the commission reduction up to a certain amount.

The Greek stock market closed in the red, but far from the day’s lows, in a session marked by strong import pressure. The “breach” of 1,430 points proved to be temporary, with sellers gradually “downshifting” and eventually calmness prevailed on the board.

The Greek stock market began Monday’s (29/7) session down, in a week that starts with the National Bank’s dividend cut, followed by crucial announcements on the results of heavyweight listed companies.