With gains of 18.6% at the level of the General Index (+37% banks) and with Greek shares gaining more than 10 billion euros since the beginning of the year, the Athens stock market, after nine consecutive upward weeks, found itself on Friday in new 101-month highs, marking the world's best performance so far this year. Based on data collected by Bank of America, in fact, with a dollar return of 20%, the Athens stock exchange has this year also the second strongest (after +46% of Bitcoin) rise among all assets worldwide.

An event for the Implementation of the Recovery and Resilience Plan in Greece is taking place today. The event is co-organized by the European Commission, the Special Recovery Fund Coordination Service of the Ministry of Finance and Foundation for Economic & Industrial Research-IOBE and will be broadcast on IOBE's YouTube channel.

The event will feature a first assessment of the progress made to date in the implementation of the Hellenic Recovery and Resilience Plan (RRP) following its approval in July 2021.

Greece's RRP ("Greece 2.0") is funded through NextGenerationEU, the EU's recovery mechanism to repair the economic and social damage caused by the Covid-19 pandemic.

The Vice President of the European Commission Margaritis Schinas, the Deputy Minister of Finance Theodoros Skylakakis, the Head of the Monitoring Directorate of the Recovery Fund Demosthenes Voivodas, the Head of Unit DG for Economic and Financial Affairs, European Commission Julia Lendvai, the Secretary General for Coordination of of the Government of Thanasis Kontogeorgis, the Head of Unit DG of Employment and Social Inclusion, European Patrick Paquet, the Governor of the Recovery Fund Nikos Mantzoufas et al.

The event is freely broadcast from the IOBE YouTube channel in Greek and English.

The Greek stock market is moving upwards, with support from the international markets today, and is recording very good performances since the beginning of the new year.

The general index is moving with gains of 0.71% at 924.91 points, with the turnover already at 10 million euros.

The differentiation of the ATHEX vis-à-vis the turmoil of foreign markets is the talk of the town in recent days, culminating yesterday of course, when the turnover reached 100 million euros after many weeks. And this element showed that there is interest from buyers, even at levels that are close to the maximum range of multi-month accumulation.

And market performance in a period of instability abroad, only optimism can bring. What remains to be seen now is whether the ATHEX can continue the big test of 930 points, where it has been stopped many times in recent months. Otherwise, a pull back to the close support of 904 units is on the table.

In terms of securities now, PPC, Piraeus Bank, Hellenic Petroleum, Alpha Bank and Jumbo are leading the rise, while OPAP, Viohalko, OTE, Coca Cola, Eurobank, Ellactor and Mytilineos are also operating positively. On the other hand, the pressures are mainly located in Motor Oil, ELHA, Terna Energeiaki and Lambda.