The lack of agreement between Greece and its European partners in yesterday’s Eurogroup did not affect the opening of the Athens Stock Exchange. The General Index was green from the beginning, with profits gradually multiplying. At 1:49 p.m., the index was at + 5.49%, while the banking index is enhanced by more than 10%. Analysts attribute the upward reaction to what seems as a political agreement between Greece and the European Union over the Greek debt issue. They expect that on Monday’s meeting between euro zone finance ministers, a final agreement will be reached, satisfactory to both sides. The ceasefire in the Ukraine also played a significant role in the rise of stocks all over Europe.
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