Marfin stake in MIG drops to 6.4%

The stake of Marfin Popular Bank (MPB) in the share capital of Marfin Investment Group (MIG) has declined from 96.88% to 6.44% following MIG’s recent capital increase, which raised a record EUR

Citigroup sees Hellenic Bank at EUR 7

Citigroup has commenced coverage of Hellenic Bank Pcl (HB) with a price target of EUR 7 per share with a buy/medium risk 1M rating. According to Citigroup estimates, Hellenic Bank is on

Cement merger decision prolonged until Thursday

…Vassiliko needs to “sacrifice” cement import and concrete production   The Commission for Protection of Competition (CPC) has asked for additional guarantees and commitments from Vassiliko Cement and Cyprus Cement officials before

AKP’s win has no impact on Turkey ratings

Standard & Poor’s Ratings Services said that the Turkish parliamentary elections held Sunday, which resulted in the ruling Justice and Development Party (AKP) retaining its absolute majority, will have no immediate impact