The local stock market appears to be building the momentum for growth after posting the biggest rise in 37 sessions on respectable turnover on Wednesday and thanks to positive signs from European governments regarding the future of the country’s economy.
The Athens Exchange (ATHEX) general index ended at 675.07 points, gaining 3.57 percent on Tuesday’s closing figure of 651.77 points. The blue chip FTSE/ATHEX 20 index expanded by 4.44 percent to close at 245.23 points.
Duty Free Shops outperformed with gains of 10.44 percent, with Bank of Cyprus following (up 9.52 percent), while Coca-Cola HBC declined by 1.16 percent.
In total, 96 stocks posted gains, 38 registered losses and 17 remained unchanged.
Turnover soared to 53.5 million euros, from 20.2 million on Tuesday.
Government officials have reportedly presented troika inspectors with a plan detailing a radical overhaul of the civil service which foresees the evaluation of 450,000 public servants and th...
The City of Athens is due on Wednesday to inaugurate seven centers created to provide assistance and services to residents of the municipality.
Modeled along the lines of Citizens Advice Bur...
New PAOK coach Huub Stevens has called for unity among fans after taking charge of the Greek club whose players said they feared for their lives last season because of regular protests.
Gree...
Greek canoeing champion Andreas Kiligkardis died on Wednesday after losing his battle against leukemia.
The 37-year-old had been in a coma since last Tuesday at a hospital in Poland - where ...
For the past three-and-a-half years, the Greek political system has been dragging its feet and hemming and hawing over a relatively simple decision: which state organizations are needed, how...
Greece’s power-sharing government must find a way to stay on track.
A snap election, as suggested by some out there, would not solve the country’s problems but rather strengthen existing pol...