Processes for the acquisition of the Hellenic Financial Markets Group by Euronext, the largest stock market operator in Europe, are entering the final stretch and if they come to fruition, Athens will become the 8th member of this entity.

Goldman Sachs projects the Athens Stock Exchange’s (ATHEX) general index is set to reach 1,550 points by the end of 2024, a nearly 15% gain from current levels, reaffirming its positive outlook on the fundamentals of Greek listed companies.

With any profit-taking moves offset by demand, as buying interest from foreign capital also remains strong, the Athens Stock Exchange is moving to nine-year highs, with YTD gains for Greek stocks now hovering around 20 billion euros and the General Index to be at the top of the world's returns, recording a 35% increase this year.