Swiss-based multi-national investment bank UBS continues to hold a “bullish” stance on the Greek economy and the country’s banking sector for the remainder of 2024, justifying its outlook with four main reasons.

The C-130 aircraft of the Hellenic Air Force, which was in Lebanon to evacuate Greek and Cypriot nationals, has entered the Nicosia FIR.

The public offering of a 10% share in the National Bank of Greece (NBG), launched on Monday morning by the Hellenic Financial Stability Fund (HFSF), has already been 12 times oversubscribed according to sources.

The emergency Council for Foreign and Security Policy (CFS) meeting, chaired by the Prime Minister, has concluded amidst rising tensions in the Middle East following Iran’s aggressive attack on Israel and the anticipated Israeli response. This escalation has placed the broader southeastern Mediterranean region, including Athens, on high alert.