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Greek banks conclude series of corporate actions as part of restructuring
EconomyBankingthe sale and transfer of its 97.3 percent stake in Ionian Hotel, which owns Athens Hilton Hotel, to Home..., including the refinancing of Ionian Hotel’s existing debt of 67.2 million. According to Alpha... family) and D-Marine Investment Holding. The latter is based in Amsterdam and operates as a subsidiary
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Newsletter 45 - 02/10/2015
, were indirectly highlighted by Prime Minister Alexis Tsipras this week. In comments to the Wall... significant funding, as Tsipras indicated in his comments to the Wall Street Journal. The European Union... they supported New Democracy. The date of the vote is not yet known. Meimarakis favours holding the ballot
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Newsletter 57 - 08/01/2016
miracle worker, or “Harvard-educated free-market reformer”, as the Wall Street Journal describes him.... The Wall Street Journal writes that Mitsotakis won “respect from Greece’s creditors for his efforts... will be disappointed. Since the start of the Greek crisis, many international commentators have been holding
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Tsipras faces lenders' wall in Brussels as political tension grows in Athens
PoliticsGreek PoliticsA new round of marathon talks are due to take place in Brussels on Thursday after a failure to reach an agreement on Wednesday. Prime Minister Alexis Tsipras held two sets of talks totalling about six hours with European Commission president Jean-Claude...
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Effort to unite PASOK and Potami seems to have hit a wall
PoliticsGreek PoliticsThe project to unite PASOK and To Potami in order to create a dynamic third force in Greek politics with the potential to be a key governing partner or kingmaker appears to be in danger of collapsing. Only a few days after the leaders of the two parties...
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Are Chinese investments starting to hit a wall in Germany?
AgoraFor two successive years, China has been Germany’s most important trading partner. In 2017, the trade volume between both countries reached 186,6 billion euro. Germany’s second most important trading partner was The Netherlands with 177 billion euro, fo...
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Newsletter 63 - 19/02/2016
for Ionian Hotel Enterprises, which owns and operates Hilton Athens hotel. Alpha holds a stake... will be ready to compromise and those who refuse to discuss a deal can be singled out as holding extreme
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Hotel and restaurant jobs boost hirings balance in March
EconomyMacroeconomyGreece’s employment balance in March was positive by 61,912 more hires than departures, according to data from the Labour Ministry’s Ergani information system. The hiring balance in March last year was 34,373, suggesting an improvement by 27,539 jobs. M...
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Hotel and restaurant jobs keep hiring balance positive in Feb
EconomyMacroeconomyGreece’s employment balance was positive in February, with 24,543 more hires than departures, according to data from the Labour Ministry’s Ergani information system. The hiring balance in February last year saw 23,186 more hires, a year-on-year improvem...
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Greek tourism building strength but needs to diversify, PWC study finds
EconomyFeaturesat main destinations and upgrading more hotels from four to five star. Hotel sales activity In 2017, 18 major hotel sales took place, mainly as divestments of non-core assets by the four systemic.... The total rooms advertised for sale represent 3 percent of hotel capacity. As of June 2018
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