Tuesday March 3, 2015 Search
Weather | Athens
20o C
11o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
Merrill Lynch sees value in Greek bank chips

Bank of America Corporation’s Merrill Lynch unit said in a report issued on Tuesday that the recent decline in share prices at the Greek bourse offers value as Greek banking recovers and that there is no prospect for an early general election before March 2015, when the Parliament’s likely inability to elect a new president to replace Karolos Papoulias will lead to a parliamentary poll.

BoA also upgraded its rating for Greek banks, leading to stock gains for some of the main lenders: Piraeus Bank SA jumped 6.5 percent to 1.48 euros after BoA its rating to buy from underperform, or sell.

The Greek lender had lost 33 percent from March 4 to Monday.

Alpha Bank AE advanced 5 percent to 0.63 euros as the brokerage raised its rating to buy from neutral.

That followed a 20 percent drop since since March 20 through Monday.

[Bloomberg]

ekathimerini.com , Tuesday May 20, 2014 (19:41)  
Greece poised for recession as uncertainty takes its toll
Ministry denies Varoufakis spoke to creditors to discuss Eurogroup
Greece’s week before March 9 meeting of euro finance ministers
Greece’s bailout extension no panacea for struggling bond market
Talk of third Greek bailout gains ground in Europe
Fresh talk of a third international bailout for debt-hit Greece spread through European capitals on Tuesday, despite Brussels insisting it was far too soon to start discussing any new rescue...
Prosecutors suggest conditional release for GD’s Michaloliakos, Pappas
Two public prosecutors on Tuesday suggested the conditional release of Golden Dawn chief Nikos Michaloliakos and the party’s second-in-command, Christos Pappas, after their 18-month maxim de...
Inside News
BASKETBALL
Waters turns from zero to hero for Kolossos Rhodes
For 40 minutes he was a real disappointment for his coach, Aris Lykoyiannis. His shooting rate was a miserable 1 in 10 two-point shots and he had made no three-pointers. On top of that he co...
SOCCER
Super League clubs promise to combat violence, again
The Super League clubs agreed on Monday to a blueprint of proposals for combatting violence in soccer grounds and will present it to Deputy Minister Stavros Kontonis to ask for the top fligh...
Inside Sports
COMMENTARY
Greece and the four month window of opportunity
As the dust begins to settle after the Eurogroup agreement extending the loan facility to Greece by four months, it is a good moment to have a look at where we should go from here. Much has ...
COMMENTARY
The Greek tax drama
Numbers alone can never interpret reality, not even a strictly financial one. Besides, the art of creative accounting has a number of fans in this country, many more, for the time being, tha...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
 RECENT NEWS
1. Talk of third Greek bailout gains ground in Europe
2. Greece poised for recession as uncertainty takes its toll
3. Ministry denies Varoufakis spoke to creditors to discuss Eurogroup
4. Prosecutors suggest conditional release for GD’s Michaloliakos, Pappas
5. Suspected pedophile arrested in Athens
6. Greece’s week before March 9 meeting of euro finance ministers
more news
Today
This Week
1. The Greek tax drama
2. Draghi’s QE moves to starting line as economic outlook brightens
3. Varoufakis to make six reform proposals at Monday's Eurogroup
4. Convicted Conspiracy of the Cells Fire member to face magistrate
5. Investor survey shows 38 pct chance of eurozone break-up in 12 months
6. Greece approved as recipient of EBRD funding through 2020
Today
This Week
1. Greece to make international protest over Turkey reserving Aegean air space
2. A fierce battle looms
3. SYRIZA feeling the pain
4. Spain said to lead push to hold Greece to terms as Podemos grows
5. The unlikely winners of Greece's surrender on euro
6. Tsipras reversal draws Greek sympathy as party rumblings rise
Advertiser Link
“AMF” PROJECT FINAL CONFERENCE-REGIONAL UNIT OF THESPROTIA
   Find us ...
  ... on
Twitter
     ... on Facebook   
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright © 2015, H KAΘHMEPINH All Rights Reserved.