Employment balance year-to-date posts record despite more departures in July
Fitch upgrades Greek rating to 'BB-', three notches from investment grade
Retail index jumps 5.3 pct in May led by fuel and supermarket sale
S&P revises outlook to positive, sees encouraging signs after debt deal
S&P upgrades Greece to 'B+' on back of Eurogroup agreement
ECB report highlights sluggish Greek economic growth
BCP in first successful placement of Greek bank shares after recap
Portugal’s BCP (Banco Comercial Portugues) launched on October 29 an accelerated placement (to institutional investors only) disposing its entire stake in Greece’s Piraeus Bank. The announcement confirmed recent market rumours of an imminent placement of Piraeus shares held by BCP.
BCP’s shareholding of 235.3 million shares and warrants had resulted from its participation in Piraeus Bank share capital increase in July. At that time, BCP had subscribed for 400 million euros through a private placement with waiving of existing share...
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