A News Wrap-up: November 4

Yesterday’s News Wrap-up includes the following: Greek Households Most Pessimistic in Europe: IOBE Report Greek households remain by far the most pessimistic in Europe, surpassing the next most pessimistic nations by a considerable margin, according to a report by IOBE, the Foundation for Economic and Industrial Research. JP Morgan Remains ‘Bullish’ on Greek Banks JP Morgan […]

Yesterday’s News Wrap-up includes the following:

Greek households remain by far the most pessimistic in Europe, surpassing the next most pessimistic nations by a considerable margin, according to a report by IOBE, the Foundation for Economic and Industrial Research.


JP Morgan remains “bullish” on Greek banks, stressing stock buybacks and accelerated amortization of Deferred Tax Credits (DTC) will act as catalysts. Citing solid third-quarter earnings and announcements from Piraeus Bank, the American multinational financial services firm estimates that the Greek banking sector’s overall yields could exceed 10% by 2025.


Police on Monday announced the arrest of another individual in relation to last Thursday’s bomb blast at an Athens-area apartment, which authorities believe was caused by an explosive device intended for a urban terrorist attack.


Albanian Prime Minister Edi Rama provocatively stated “Northern Epirus is a term that has died” during an event held in a Thessaloniki hotel addressing an audience of his compatriots who live in Greece on Sunday, Nov. 3.


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