Daily Archives: December 2, 2022

Eurobank expands its holding in Hellenic

Eurobank is gaining control of Hellenic Bank after purchasing Wargaming’s 13.4% stake. With the addition of the 12.6% it held from the purchase of all shares in Third Point Hellenic Recovery Fund in the summer of 2021, it now controls 26%.

Risky shift to service sector

The drop in manufacturing sector jobs and the increase in the service sector lie behind the decline of the jobless rate and growth in employment, according to the intermediary report by the Labor Institute of the General Confederation of Greek Labor (INE GSEE).