JPMorgan lands 49% stake in Greek firm Viva Wallet
JPMorgan said yesterday it had agreed to acquire an around 49% stake in Athens-based payments fintech Viva Wallet, subject to regulatory approvals.
ATHEX: Sting in the tail for most blue chips
The Greek stock market tried to react on Tuesday after two sessions which saw significant losses for most stocks, but the early gains were later wiped out and the benchmark had to settle for minor losses in the end.
Cartoon by Ilias Makris (25/01/2022)
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Retail stores and banks to remain closed Wednesday in worst-hit areas
Retail stores and banks in Attica, Crete, Southern Aegean, Viotia and Evia will remain closed Wednesday. Supermarkets and grocery stores are exempted from the closure order and will be open for business from 10 a.m. to 6 p.m.
Cyprus planning green or sustainability bond, debt agency says
Cyprus could issue its first “green” or sustainability bond as soon as next year and would aim to raise at least 500 million euros, an official at its debt management agency told Reuters.
Attiki Odos chief resigns after motorway snowfall chaos
Motorway operator Attiki Odos on Tuesday accepted the resignation of its CEO, Bill M. Halkias, after hundreds of motorists were trapped on the company’s tolled highway around Athens in the Elpida snowstorm.
Cyprus fails to progress on corruption
Transparency International released this week found that the Republic of Cyprus again failed to improve in terms of perceived levels of corruption in the public sector, according to figures Transparency International released this week.
Rights group, Muslim association condemn mosque explosion
The Movement Against Racism and the Fascist Threat (KEERFA) has condemned an explosion that occurred early Sunday morning outside a makeshift mosque in Patissia in central Athens, saying it targeted the imam.
Five-star units’ full recovery
Greek tourism has secured an upgrade toward higher price and quality levels in its service and infrastructure amid the coronavirus pandemic, according to a major survey by the Hellenic Chamber of Hotels on last year’s performance in the hospitality sector.
Body retrieved from car that plunged into Cephalonia harbor
Authorities have retrieved the body of a woman from a car that plunged into the water at the Cephalonia harbor of Poros on Monday night. Police are investigating the causes of the tragedy.