• Photo via www.titan.gr

    Titan Cement turnover falls by 10.9 pct in Q1

    Economy Corporates

    Titan Group’s financial results for the first quarter (Q1) of 2018 showed a decline of 10.9 percent compared to the same period last year.

  • Image via www.moh.gr

    Motor Oil net profits fall 54.5 pct in Q1 on higher costs

    Economy Corporates

    Motor Oil Hellas’ financial statement has shown that the group’s revenues increased by 11.1 percent to 2.04 billion euros in the first quarter (Q1) of the year, but net profits declined.

  • Photo by Angelos Christofilopoulos/Fosphotos

    Focus of banking sector commitments shift to NPL reduction, debt restructuring framework

    Economy Programme

    The safeguarding of financial stability is one of the pillars of Greece’s third programme and the Supplemental Memorandum of Understanding (sMoU) has a section dedicated to the banking sector, with the focus on the secondary market for Non-Performing Loans (NPLs), debt restructuring and insolvency procedures and the overall governance of Hellenic Financial Stability Fund (HFSF) and the banks.

  • No breakthrough on debt talks at Eurogroup but June 21 goal remains

    Economy Programme

    Thursday’s Eurogroup in Brussels failed to deliver a breakthrough on the debt relief talks between Greece’s lenders, although the institutions insist that they are still aiming to deliver a comprehensive agreement by June 21.