Greece markets rally, tourism and investment surge

Timeline

1. about 5 hours ago

   [BUSINESS] 3 sources

   Groupama Insurance posts positive pre‑tax profit for 2025 in Greece

   Groupama Insurance posted a €0.4 m pre‑tax profit for 2025, with gross premiums up 6.7% to €211.5 m, improved SCR to 145.4%, and continued digital and sustainability investments in Greece.

2. 2 days ago

   [BUSINESS] 7 sources

   ElvalHalcor begins €250 million capital increase, public offer July 14‑16

   ElvalHalcor began a €250 million capital increase on July 14‑16, issuing up to 75 million new shares at a max price of €4.86, with 20% offered publicly in Greece and 80% privately to institutional investors.

3. 2 days ago

   [INTERNATIONAL] 47 sources

   US Resumes Iran Attacks and Naval Blockade, Oil Prices Rise

   The US launched fresh strikes on Iranian military sites, re‑imposed a naval blockade on Iranian ports, and warned of a 20 % fee in the Strait of Hormuz, driving Brent crude to $85‑86 and WTI near $80 per barrel

4. 2 days ago

   [BUSINESS] 2 sources

   Greece posts record level of direct foreign investment, says PM’s digital communications chief

   Greece has hit a record level of direct foreign investment, says PM’s digital communications chief Nikos Romanos, citing it as evidence of a shifting production model and broader economic self‑sufficiency.

5. 2 days ago

   [BUSINESS] 5 sources

   ElvalHalcor drives 0.56% of Greece’s GDP and supports 20,900 jobs

   ElvalHalcor contributed 0.56% of Greece’s GDP, generated €2.5 bn in exports and supported nearly 21 k jobs, backed by €895 m of recent investments.

6. 3 days ago

   [BUSINESS] 9 sources

   Bank of Greece foresees two more ECB rate hikes by mid‑2027 as inflation climbs to 3.8% in 2026

   Bank of Greece sees two more ECB hikes by mid‑2027, forecasts 3.8% inflation in 2026; JP Morgan expects €1 bn inflows into Greek stocks; Chania cooperative bank gets a national licence and eyes a conversion to

7. 3 days ago

   [BUSINESS] 2 sources

   Greek stock index hits record as US investors eye CPI and bank earnings

   Greek equities hit a 17‑year high on foreign fund inflows, while US investors await June CPI data and major bank earnings that could steer market sentiment.

8. 5 days ago

   [BUSINESS] 8 sources

   Greek Stock Market Gains Strong Backing from International Investors

   Foreign investors upgrade Greek stocks, raising the Euronext Athens index target to 2,600 and anticipating up to $1 bn of inflows as MSCI moves Greece toward developed‑market status.

9. 6 days ago

   [BUSINESS] 2 sources

   ElvalHalcor secures €300 m capital boost for €455 m investment programme

   ElvalHalcor shareholders approved a €300 m capital increase to fund a €455 m expansion, reinforcing its role as Greece’s leading aluminium‑copper exporter.

10. 6 days ago

    [BUSINESS] 21 sources

    Greece reports tourism surge, pushes investment reforms and tackles housing and safety challenges

    Greece tops European tourism growth in 2026, touts investment reliability, faces EU‑driven tax, housing and drought reforms, and records a foreign‑direct‑investment high.

11. 6 days ago

    [BUSINESS] 2 sources

    Greek banks surge in market performance and maritime financing

    Greek banks boost the Athens market and expand shipping loans, with a 37% portfolio rise to $23.6 bn and a 1% lift in the banking index amid geopolitical tensions.

12. 7 days ago

    [BUSINESS] 3 sources

    Alexandros Exarchou: Greece ready for energy‑led growth amid EU’s push for energy independence

    Alexandros Exarchou says Greece’s energy infrastructure and foreign investment set the stage for dynamic economic growth as the EU pursues energy independence.

13. 8 days ago

    [BUSINESS] 13 sources

    Athens Stock Exchange stays above 2,500 points

    Athens' General Index held above 2,500 points, gaining 0.5‑0.8% with ~250 M € turnover; banks led while Motor Oil, ELPE and OTE rose amid cautious sentiment over US‑Iran tensions.

14. 8 days ago

    [BUSINESS] 5 sources

    Axia-Alpha Finance lifts price targets for major Greek and Cypriot banks

    Axia‑Alpha Finance raised price targets for Eurobank, National Bank, Piraeus Bank and Bank of Cyprus, citing higher profit outlook and a possible 27% rally while keeping buy recommendations.

15. 9 days ago

    [BUSINESS] 5 sources

    ElvalHalcor contributes 0.56% of Greek GDP and €2.5 bn in exports in 2025

    IOBE’s study finds ElvalHalcor contributed 0.56 % of Greek GDP in 2025, with €2.5 bn exports, 20,920 jobs and €895 m of investments.

16. 10 days ago

    [BUSINESS] 6 sources

    Athens Stock Exchange posts record gains and raises €7.5 bn in H1 2026

    Athens Stock Exchange recorded a 16% H1 2026 gain, €182 bn market cap, €7.5 bn capital raised, and raised its index target to 2,600 points.

17. 11 days ago

    [BUSINESS] 3 sources

    Helleniq Energy and Motor Oil receive upgraded buy ratings and higher price targets

    Eurobank and Pantelakis raised Helleniq Energy’s 2026 EBITDA forecasts and buy‑rating targets, lifting price targets to €12.60 and €12.50, with higher refined‑margin assumptions and added valuation for petro‑c‑

18. 14 days ago

    [BUSINESS] 3 sources

    Greek stock market rises in July amid dividend payouts and foreign investor optimism

    Greek stock market closed July up 0.88% at 2,481 points, driven by banks, dividend‑paying giants and strong non‑bank stocks; foreign investors remain optimistic.

19. 14 days ago

    [BUSINESS] 2 sources

    Motor Oil and Helleniq Energy get higher price targets as Greek market reaches 17‑year high

    Pantelakis lifts Motor Oil and Helleniq Energy targets as Greece’s benchmark index climbs to a 17‑year high of 2,505, driven by strong refining margins and robust trading activity.

20. 15 days ago

    [BUSINESS] 3 sources

    Athens Stock Exchange climbs 0.88% on July 1, led by Motor Oil gains

    Athens Stock Exchange rose 0.88% on July 1, with Motor Oil up 4.12% and OTE down 3.35%; 57 stocks advanced, 53 fell, trading €336 m.

21. 16 days ago

    [BUSINESS] 4 sources

    Athens Stock Exchange slides as General Index falls amid Orotur Strait tension

    The Athens Stock Exchange General Index fell to 2,463.38 amid Orotur Strait tensions, then rebounded to 2,467.50, driven by gains in major Greek banks.

22. 16 days ago

    [BUSINESS] 3 sources

    Athens Stock Exchange Rises as Banks Lead Gains

    Athens Stock Exchange gains, with the General Index near 2,470 and banks up 1‑2%, aided by foreign inflows and stable oil prices.

23. 16 days ago

    [BUSINESS] 5 sources

    Greek stock market closes June with record inflows and modest index rise

    Greek markets recorded €900 m of new inflows and the benchmark index rose 0.65 % to 2,465.31, led by gains in Elvalhalcor, National Bank and Coca‑Cola HBC.

24. 16 days ago

    [BUSINESS] 2 sources

    Athens Stock Exchange rebounds after four‑day losing streak

    Athens Stock Exchange rebounds, General Index up 0.5%, banks lead gains; heavy stocks inch toward records; Attica IPO oversubscribed 3.9× at €3.20; dividend updates for Fourlis, Alter Ego Media and Safe Bulkers

25. 18 days ago

    [BUSINESS] 2 sources

    Greek banks outpace Europe while many households still feel poor

    Greek banks now outperform Eurozone averages, yet most Greek households still feel financially strained despite rising average wealth.

26. 18 days ago

    [BUSINESS] 49 sources

    Greek banks close gap with European peers, posting higher profitability and capital strength

    Greek banks posted strong Q1 2026 results – ROE 10.7%, CET1 14.9%, cost‑to‑income 36%, loan‑to‑deposit 65% – narrowing gaps with Eurozone averages and issuing €1.2 bn in green bonds.

27. 21 days ago

    [BUSINESS] 8 sources

    Athens Stock Exchange slips modestly as banks drag index lower

    The Athens Stock Exchange closed at 2,470.95, down 0.07%, as banks pushed the index lower; bank index fell 0.84%, FTSE 25 slipped 0.13%, with 53 stocks up and 73 down.

28. 23 days ago

    [POLITICS] 5 sources

    Greece renames Hellenic Growth Fund as National Development Fund

    Greece renamed its Growth Fund to the National Development Fund, with the finance minister touting a development‑focused role while opposition PASOK demands greater transparency and parliamentary control.

29. 23 days ago

    [BUSINESS] 7 sources

    Athens Stock Exchange breaks 2,500‑point barrier, then slides

    Athens Stock Exchange topped 2,500 points, closing at 2,501.13, then slipped to 2,472.77 as investors took profits; banks fell and Cenergy dropped sharply.

30. 24 days ago

    [BUSINESS] 4 sources

    Greek banks projected to post €5 billion profit in 2026 amid capital raises and ECB rate outlook

    Piraeus Securities forecasts €5 bn profit for Greek banks in 2026, cites Alpha Bank and Eurobank as top picks; Cenergy aims to raise €150 m via placement; Bank of America expects further ECB rate hikes.

31. 24 days ago

    [BUSINESS] 13 sources

    Greece Renames Super Fund to National Development Fund

    Greece’s Super Fund is renamed National Development Fund to boost investment, cut debt and manage €12.3 bn assets; a €120 m Kalamata airport concession is also signed.

32. 25 days ago

    [BUSINESS] 2 sources

    Greek Builders Association Calls for Amendment to Article 116 for Recovery Fund Projects

    Greek builders’ group SATE urges the Ministry to amend article 116 so all Recovery Fund projects, not just those over €100 m, can receive emergency support and deadline extensions.

33. 26 days ago

    [BUSINESS] 2 sources

    Greek stock market index rises 2.24% as Elvalhalcor and Viohalco lead gains

    Athens Stock Exchange’s General Index closed at 2,475.98, up 0.17% and 2.24% weekly, with Elvalhalcor (+14.2%) and Viohalco (+9.1%) leading gains amid cautious trading.

34. 28 days ago

    [POLITICS] 2 sources

    Greek Recovery Fund legislation speeds up large‑scale projects

    Greece proposes a law to fast‑track Recovery Fund projects over €100 million, allowing deadline cuts and granting contractors compensation for extra costs.

35. 28 days ago

    [BUSINESS] 2 sources

    Athens Stock Exchange steadies near 17‑year high as banks and ADME draw investor focus

    Greek stocks held near a 17‑year high, with the index up 0.01 % to 2,475.68, modest bank gains and ADME’s €1 billion capital raise drawing strong investor demand.

36. 28 days ago

    [POLITICS] 2 sources

    Greece Exits EU Crisis Monitoring Framework, Citing Economic Recovery

    Greece has been removed from the EU’s macro‑economic monitoring framework after 16 years, with officials citing debt‑repayment, job creation and digital reforms as proof of a sustained economic recovery.

37. about 1 month ago

    [BUSINESS] 2 sources

    ECB rate hike adds €74 million to Greek banks' earnings

    The ECB’s 0.25 % rate rise is set to add roughly €74 million in net interest income for Greece’s four major banks in 2026, with Piraeus Bank benefiting most, while credit growth remains stable.

38. about 1 month ago

    [BUSINESS] 4 sources

    Greek stock market draws record foreign capital as DEI raises €18bn and government bonds attract €36bn

    Foreign investors are pouring into Greece’s market, backing DEI’s €18 bn capital increase and a €36 bn government bond issue, with foreign ownership now over 68% and liquidity set to support further multi‑bne‑e

39. about 1 month ago

    [POLITICS] 3 sources

    Greece confronts education gap and steep demographic decline in the West

    IOBE studies reveal that Greek university access favors the wealthy and that Western Greece could lose a third of its population by 2100, underscoring growing inequality and demographic challenges.

40. about 1 month ago

    [BUSINESS] 2 sources

    ECB rate rise lifts Greek mortgage costs, fuels Athens Stock surge

    ECB’s 2.25% rate hike raises Greek mortgage payments and coincides with a 2.8% weekly rally on the Athens Stock Exchange, the market’s best level since 2009.

41. about 1 month ago

    [BUSINESS] 2 sources

    Athens Stock Exchange hits 17‑year high as index rises 1.06%

    Athens Stock Exchange closed at a 17‑year high of 2,421.69 points, up 1.06%, with a €313 million turnover and gains in major banks, amid optimism from Middle‑East diplomatic hopes.

42. about 1 month ago

    [BUSINESS] 2 sources

    Athens Stock Exchange hits 16‑year high as US‑Iran talks boost sentiment

    Athens Stock Exchange’s index jumped to 2,444.21, the highest since 2009, as investors reacted to easing Middle‑East tensions and rising oil prices.

43. about 1 month ago

    [BUSINESS] 2 sources

    Alexandros Exarchou says Greece's Recovery Fund expiry shifts growth to private sector

    Alexandros Exarchou says Greece's EU Recovery Fund expiry puts growth on private investors, cites rising foreign capital, upcoming LNG deals with Ukraine, Bulgaria, Romania and warns of EU energy‑price risks.

44. about 1 month ago

    [BUSINESS] 3 sources

    Athens Stock Exchange Gains on Bank Stocks Amid ECB Rate Hike Speculation

    Athens Stock Exchange gains, led by bank stocks, as the index climbs to ~2,440 points amid ECB rate‑hike expectations and Middle‑East tension.

45. about 1 month ago

    [BUSINESS] 2 sources

    Greece funds new IMF Southeast Europe technical assistance centre as growth stays robust

    Greece will fund the new IMF Southeast Europe Technical Assistance Centre with €1 m per year, while its economy posted 2 % growth and remains resilient amid regional tensions.

46. about 1 month ago

    [BUSINESS] 2 sources

    Greece lauded by IMF as top Eurozone economy, joins SEETAC aid hub

    IMF chief Kristalina Georgieva hailed Greece as a top Eurozone economy and founding partner of the IMF’s SEETAC regional aid centre, contributing €1 m annually for five years.

47. about 1 month ago

    [POLITICS] 2 sources

    Greece joins IMF's SEETAC as founding partner, praised for economic leadership

    The IMF praised Greece as a top European economy and announced its €1 million annual contribution as a founding partner of SEETAC, marking a shift to shared expertise for Balkan and Moldovan reforms.

48. about 1 month ago

    [BUSINESS] 4 sources

    Athens Stock Exchange Rises to Near‑Yearly High on Bank and Blue‑Chip Gains

    Athens Stock Exchange’s General Index rose 1.4% to 2,385 points, near yearly highs, as banks and blue‑chip stocks led gains with turnover around €335 million.

49. about 1 month ago

    [BUSINESS] 4 sources

    Greek stocks climb on bank gains and higher ADME target price

    Greek equities rose 1.4% on bank strength and Middle East de‑escalation; Eurobank lifted ADME’s target price to €4.40, citing a major growth investment plan.

50. about 1 month ago

    [BUSINESS] 2 sources

    Greek stock market index slides into red after auction losses

    Greece’s Athens Composite Index fell 0.13% to 2,352 points after the opening auction, with €264 m traded; banks showed mixed moves and oil prices eased amid Middle‑East tension relief.

51. about 1 month ago

    [BUSINESS] 2 sources

    Foreign investors signal equity interest in Greece amid economic recovery

    AKTOR’s Alexander Exarchou says Greece’s fiscal discipline has attracted foreign equity interest, citing Credia Bank and DEI, while warning of inflation and energy‑price risks.

52. about 1 month ago

    [BUSINESS] 2 sources

    Greek stock market rebounds as banks lift Athens index

    Greek market fell on Middle East tension, then recovered on 8 June 2026 as banks like Alpha and Piraeus lifted the Athens index to about 2,358 points.

53. about 1 month ago

    [POLITICS] 2 sources

    Greece exits EU macroeconomic imbalances list, government celebrates

    The EU Commission removed Greece from its macroeconomic imbalances list; the government hailed it as proof of fiscal reforms, while a PASOK MEP warned the report flags serious distortions in finance, state, and

54. about 1 month ago

    [POLITICS] 7 sources

    Greece’s inequality study shows most households still struggle despite improving indicators

    IOBE’s study shows Greece’s inequality indicators have improved, yet 68% of households struggle financially, with health and housing gaps especially affecting low‑income families and youth.

55. about 1 month ago

    [BUSINESS] 2 sources

    Trade Estates to pay €0.13 per share dividend on June 18, 2026

    Trade Estates will pay a total dividend of €0.13 per share (final €0.065 on 24 June 2026) after an ex‑dividend date of 18 June, exempt from tax and trading without rights thereafter.

56. about 1 month ago

    [POLITICS] 3 sources

    Greece leaves EU fiscal surveillance after 16-year oversight

    The EU Commission has ended Greece’s 16‑year fiscal surveillance, signalling restored economic stability; Prime Minister Kyriakos Mitsotakis hailed the move as the close of a long‑running crisis.

57. about 1 month ago

    [POLITICS] 3 sources

    Greece exits EU fiscal surveillance over macroeconomic imbalances

    The EU has lifted Greece from its macro‑economic imbalances watch, a move the government touts as economic progress ahead of elections, while critics warn benefits may be uneven.

58. about 1 month ago

    [POLITICS] 2 sources

    EU Removes Greece from Macroeconomic Imbalance Watchlist

    The EU Commission removed Greece from its macro‑economic imbalance list, signalling lower debt risks and stronger growth; PM Mitsotakis called it the end of a 16‑year negative chapter, improving business and 투자

59. about 1 month ago

    [BUSINESS] 7 sources

    Greece exits EU macroeconomic imbalances list, ending 16‑year surveillance

    The EU Commission removed Greece from the macro‑economic imbalances list, ending 16‑year surveillance, citing fiscal surpluses, debt cuts and growth, while urging reforms of costly tax exemptions and noting the

60. about 1 month ago

    [POLITICS] 2 sources

    Greece leaves EU macroeconomic surveillance, ending excess‑deficit monitoring

    The EU Commission removed Greece from the macro‑economic imbalance list, ending excess‑deficit surveillance, which the prime minister hailed as a return to economic normality.

61. about 1 month ago

    [POLITICS] 13 sources

    Greece exits EU macroeconomic imbalance surveillance as economy improves

    Greece is removed from the EU’s macro‑imbalance list as fiscal metrics improve, while domestic confidence rises and the OECD notes solid growth but inflation risks.

62. about 1 month ago

    [BUSINESS] 2 sources

    Athens Stock Exchange edges above 2,400 points amid geopolitical uncertainty

    Athens Stock Exchange’s index rose modestly above 2,400 points, with steady turnover, mixed corporate news and lingering Middle‑East tension influencing investor sentiment.

63. about 1 month ago

    [BUSINESS] 2 sources

    Euronext Athens records record‑high capital raising as Greek market attracts foreign investors

    Greek firms aim to raise >€6 bn in H1 2025, with total 2025 primary‑market inflows at €2.5 bn and foreign investors holding 64% of trading, signaling a record‑high liquidity phase for Euronext Athens.

64. about 2 months ago

    [BUSINESS] 2 sources

    Greek Stock Market Surges on MSCI Rebalancing and DEI Trading Spike

    Greek equities rallied on MSCI rebalancing, with turnover over €1 bn and DEI driving €244 m of trades; banks rose sharply while the index swung between a 0.91% loss and a 1.03% gain.

65. 2 months ago

    [BUSINESS] 2 sources

    Trade Estates posts 19% rise in Q1 net profit to €4.9 million

    Trade Estates Q1 2026 net profit rose 19% to €4.9 m, revenue €13.3 m, visitor traffic up 7.7% and sales €115.9 m.

66. 2 months ago

    [HEALTH] 2 sources

    Greek labour institute finds 80% of workers face intense stress

    Greek labour survey shows 80% of workers under intense stress, with widespread harassment and health risks.

67. 2 months ago

    [BUSINESS] 2 sources

    Athens Stock Exchange weekly turnover jumps 38% as index slides 1.1%

    Athens Stock Exchange turnover rose 38% to €300bn, index slipped 1.1% to 2,280 as banks fell and select stocks rose.

68. 2 months ago

    [BUSINESS] 2 sources

    Greek telecom OTE posts 4.9% revenue rise and 2.8% EBITDA gain in Q1 2026

    OTE's Q1 2026 revenue up 4.9% and EBITDA up 2.8%, driven by mobile, FTTH and IT projects despite rising competition.

69. 2 months ago

    [BUSINESS] 4 sources

    Greek export slump deepens trade deficit as EU embraces energy security

    Greek exports fell 3.6% in Feb 2026 widening the trade deficit, as the EU repositions its green shift as an energy‑security priority.

70. 2 months ago

    [BUSINESS] 2 sources

    Greek Economic Climate Index Falls Slightly in April Amid Inflation and Oil Price Volatility

    Greece's IOBE economic climate index slipped to 105.7 in April, with weaker industry and consumer confidence amid inflation and oil price volatility.