The blue tremors and the institutional Nikos D., the day’s measures for minors on social media, the Hungarians in Fourlis, Fessas’ deal in Energy

Hello, the days are beatified and festive and people’s temper turns to the weather, which volition beryllium rather good, though not cleanable according to meteorologists, to strolls and of people to the Easter lamb. Yes, indeed, everything is much costly than past year, but forgive me, I’ve been proceeding this modular cliché “everything is much costly this year” since 1985 erstwhile I entered journalism. We besides perceive that “traffic successful the marketplace is down this year,” but if that were the case, adding up the percentages we would extremity up beneath zero—something that simply doesn’t happen. Otherwise, I deliberation yesterday we got a amended sensation of the OPEKEPE lawsuit files, 2 of those that reached Parliament concerning ND MPs Chatzivassiliou and Athanasiou. “We sent the 2 cases to the Greek prosecutorial authorities due to the fact that European fiscal interests were not harmed,” the European Public Prosecutor’s Office said. So really, whichever “European prosecutor” studied Athanasiou’s lawsuit didn’t spot that the MP asked astir the scoring of a livestock farmer, OPEKEPE’s Melas told him “the strategy is closed,” and that’s wherever it ended? Why was it sent for investigation, tarnishing an MP’s name? Something akin happened with Chatzivassiliou. Lawyers archer maine specified exaggerations—or akin ones—also beryllium successful European cases referred for lifting immunity of governmental figures, but let’s hold and see.

The misfortune
-Since I’m connected the lawsuit of Chatzivassiliou, fto maine archer you a tidbit. It had been powerfully rumored lately that successful the corrective reshuffle to instrumentality spot owed to OPEKEPE, the injustice successful his lawsuit would beryllium remedied and helium would re-enter the government, fixed the spot K.M. has successful him. After all, arsenic Secretary of International Relations of ND, helium accompanies him successful each his contacts. However, this somewhat ridiculous lawsuit record came on and the determination was shelved, arsenic Chatzivassiliou present has different issue.

Turbulence successful the Parliamentary Group
-However, the lifting of immunities, the handling of the concern combined with the announcements astir changes to the electoral system, with each this vague speech astir incompatibility betwixt ministers and MPs, made things… a spot similar summertime turmoil successful the bluish Parliamentary Group. Mitsotakis himself somewhat calmed things down the different time regarding the lawsuit files of his ministers and MPs, but helium himself enactment connected the array the treatment astir each these bully organization matters, which, however, neither hap without law alteration nor, arsenic they were presented, constituent to immoderate circumstantial electoral system. In immoderate case, yesterday Marinakis besides came retired and said that the penchant ballot is not being abolished (since lone past would incompatibility marque sense), and I deliberation the treatment is implicit for now.

And what astir Dendias?
-I besides asked my (absolutely reliable) root astir Dendias and his expected διαφοροποίηση connected the contented of lifting MPs’ immunity, that is, that helium would not spell to ballot to nonstop a connection of enactment to his tested colleagues. I got the answer: “Nikos was retired of Greece for a precise blessed lawsuit (he welcomed different grandchild) and was briefed successful item astir what was happening successful Athens the time earlier yesterday. How could helium not ballot to assistance the immunity of an MP who himself publically and intelligibly requested it from the precise archetypal moment? Dendias ever acts institutionally and successful an orderly manner; helium is simply a curate of the government. Moreover, the state is presently successful an unstable geopolitical situation with war, and helium is the Minister of National Defence. He doesn’t marque specified moves.” I deliberation that’s wide and expected from Dendias’ benignant and mode of thinking.

Meeting connected adequacy
-As things successful vigor are starting to get tight, Papastavrou and Tsafos are contiguous calling marketplace players, organization bodies and companies, to look astatine availability and the creaseless energy proviso of the state up of Easter, arsenic good arsenic to measure the interaction of the ongoing situation successful the Middle East. Behind the polished wording, enactment the market’s concern, contempt assurances that acknowledgment to RES we are successful a amended presumption this twelvemonth than others. I perceive invitations person gone retired to Helleniq Energy, MOTOR OIL, RAAEY, ADMIE, DEDDIE, DESFA, PPC, DEPA, METLEN, TERNA, AKTOR/Atlantic See and GASTRADE.

Changing the docket with a integer cut-off
-In immoderate case, it is wide that Mitsotakis wants to alteration the treatment and determination distant arsenic overmuch arsenic imaginable from the OPEKEPE case, besides with the Easter tables successful mind. I perceive that contiguous the integer cut-off for societal media concerning children nether 15 volition beryllium announced, with a legislative model akin to that of France and Australia, pushing integer platforms to cheque overmuch much strictly—using artificial intelligence—the existent property of users. This involution had besides been polled by the Maximos Mansion and had huge, cross-party entreaty among parents.

Alpha Bank – Alpha Trust
-A occurrence for Alpha Bank and V. Psaltis is the statement for the acquisition of Alpha Trust announced yesterday. With astir €700 cardinal successful backstage banking and an further €1.5 cardinal nether management, Alpha Trust was the beatified grail of plus absorption successful the Greek market. It is nary coincidence that National Bank, Eurobank and Piraeus Bank had besides approached it. The archetypal attack for Alpha Trust’s acquisition by Alpha Bank had been made by Yiannis Kostopoulos a fewer years aft its founding, due to the fact that helium wanted the marque name, which had been registered by Phaedon Tambakakis successful 1987, erstwhile Alpha Bank was inactive Credit Bank. Kostopoulos’ connection is said to person been financially attractive, but Tambakakis did not judge it. Sources of the file accidental that Tambakakis and Chris Aesopos person committed to stay successful the institution for astatine slightest 3 years.

A caller motion connected Athinon Avenue…
-Two workers connected a ladder and a logo being mounted connected Athinon Avenue. Euronext is nary longer conscionable a stamp connected the documents of the Athens Exchange; it is present large letters connected the wall. Those who went yesterday greeting to the Exchange for Andromeda’s presumption astatine the Institutional Investors Association whitethorn person been disappointed not to perceive immoderate remark oregon item astir Alpha Trust’s acquisition by Alpha Bank, but they saw the market’s alteration successful practice. A week ago, with 79.2% shareholder participation, the Extraordinary General Assembly of ATHEX unanimously approved its renaming to “Euronext Athens Holding S.A.” Along with the caller sanction came a caller statute with a smaller board, integer meetings, and alignment with the group’s different markets. Beyond the building’s façade, large changes for investors, listed companies and marketplace members volition gradually go disposable from the extremity of 2026, erstwhile systems volition beryllium transferred to Euronext’s platform.

… and the hefty measure of Euronext Athens for brokerage firms
-Investors who admit the Euronext logo successful Milan oregon Amsterdam volition present admit it successful Athens arsenic well, but on with it comes a hefty measure to beryllium paid by brokerage firms. The crushed is that Euronext Athens volition discontinue each services that ATHEX provided to brokerages. Brokerage firms person already received announcement that from this coming October Euronext Athens volition halt providing them with stock prices. Therefore, they volition person to scope agreements with providers. Also, information for reporting a scope of regulatory obligations (such arsenic ARAs, marketplace abuse, etc.) volition nary longer beryllium provided. Brokerages indispensable acquisition their ain bundle to conscionable these obligations, immoderate of which are precise costly. In addition, firms moving with organization clients and wanting nonstop entree to trading alternatively than via the net volition person to instal instrumentality successful picturesque Bergamo, conscionable 40 km from Milan. Besides the important cost, brokerages look a technological labyrinth to rebuild their systems from scratch to stay competitive. They indispensable comply by June 2027, erstwhile the Athens Exchange is scheduled to determination to Euronext’s platform. As is obvious, by past backstage brokerages indispensable reply the dilemma: corporate merger oregon shutdown.

What are the Hungarians doing successful Fourlis?
-Within little than a month, Quest Holdings accrued its involvement successful Fourlis from 5.05% to 10.53%. The authoritative communicative is known: a ballot of assurance successful strategy and prospects. At the aforesaid time, alongside Quest, we saw Hungarian Hold Alapkezelo systematically expanding its presumption successful Fourlis to implicit 10%. According to marketplace sources, this determination triggered reflexes successful management. When a overseas money starts softly accumulating spot successful a stock, large shareholders commencement looking for an state successful the shareholder base. Vassilis Fourlis has specified an ally, Theodoros Fessas, who evidently does not marque specified an concern driven solely by friendship. Some successful the marketplace judge that since the 2 listed companies are large shareholders successful respective REICs (BriQ Properties and Trade Estates), possibly their shareholder relations volition widen into existent estate. In immoderate case, Quest strengthened its presumption successful Fourlis, and connected the banal exchange, 10% is simply a connection of intent. In yesterday’s league call, nary details were fixed arsenic to what that intent precisely is. If Fessas’ involvement increases further—as rumored—the substance becomes much serious.

Fessas’ woody successful energy
-And since we’re talking astir Fessas, it should beryllium noted that portion investing successful Fourlis, helium is besides divesting from a fig of activities of his group. Besides ACS, which is successful the process of being sold, Quest Group—put politely—is reassessing the value of its beingness successful the vigor market. Specifically, its subsidiary Quest Energy sold a ample portion of its portfolio of photovoltaic plants successful afloat operation, with a full installed capableness of 36.7 MW crossed assorted regions of Greece, for €36 cardinal aft nett indebtedness adjustment. Management states that this determination is portion of a strategy to rationalize the vigor portfolio and fortify liquidity. At the aforesaid time, different subsidiary, QUEST Energy Real Estate, completed a smaller acquisition of photovoltaic plants with a full capableness of 4.2 MW successful Attica for €3.5 million. As a result, the consolidated 2025 results announced yesterday see an impairment of €2.9 cardinal related to the merchantability of the photovoltaic parks. Given that astir parks were sold past twelvemonth arsenic portion of the divestment, absorption expects Quest Energy’s figures for 2026 to beryllium 90% oregon much little compared to past year.

Allwyn’s dividend
-Within a week, Allwyn’s stock recovered a month’s losses successful a play afloat of large developments. From today, the stock trades ex-dividend, soon aft the palmy completion of the merger betwixt Allwyn International AG and OPAP, which created the second-largest listed gaming institution globally. The dividend amounts to €0.80 per stock from the stock premium account, with the enactment of reinvestment done a scrip dividend. The contented terms of caller shares volition beryllium determined by the mean of 5 sessions from April 20–24. In November 2024, an interim dividend of €0.50 had been paid, bringing full organisation to €1.30 per share. From 2026, absorption has committed to a minimum yearly dividend of €1 per share, with the enactment of scrip dividend and information of bonzer dividends oregon stock buybacks.

Why Hellenic Defence Systems is seeking investors
-With the defence manufacture present firmly successful the spotlight, companies successful the sector—and beyond—are trying to unafraid arsenic ample a stock arsenic imaginable of the superior flowing into the market. Among them, Hellenic Defence Systems (EAS), the radical formed from the merger of PYRKAL and EBO, has entered a signifier of restructuring and maturation restart, aiming to reposition itself connected the defence manufacture map. In this context, the institution has convened an bonzer wide gathering scheduled for the extremity of April, with a peculiarly absorbing point connected the agenda: the support of launching a tender to question investors to concern and upgrade instrumentality and facilities related to ammunition and cartridge production, and to transportation the applicable enactment to EAS’s works successful Aigio, the company’s lone installation extracurricular Attica. It should beryllium noted that EAS has already entered into a strategical concern with the Czech radical CSG (Czechoslovak Group) to nutrient large-caliber ammunition astatine its Lavrio plant, a €50 cardinal concern co-financed by the EU done the ASAP program. The defence radical CSG, owned by Michal Strnad, aims to replicate successful Greece the occurrence communicative of the Fábrica de Municiones de Granada (FMG) successful Spain, wherever it invested successful 2020 and wrong 4 years tripled its workforce, expanded production, and importantly accrued revenues and profits.