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  1. Tsipras's choices are becoming clearer but not any easier

    Agora

    of Greece governor Yannis Stournaras said that a legally-binding commitment to implement further debt... into any binding discussion about debt relief. However, it is doubtful if Tsipras’s hard-pressed MPs will consider a non-binding verbal pledge from the lenders to adopt further debt relief enough

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  2. PPC lignite unit bids fall flat in blow to privatisations
    Photo by David Gibson via Flickr https://flic.kr/p/oATenb

    EconomyFeatures

    . PPC received one binding offer for the Melitis unit in Florina from Mytilineos which was reportedly... in a binding offer for either unit after deciding that the structure of the deal and the share... Terna consortium have indicated that they would submit a binding offer based on an alternative version

    8%
  3. Talks to begin on plan to rescue PPC from dire financial straits

    Economy

    be “crazy enough” to buy it. The DG Comp team arrives as the deadline looms for binding offers... in February collapsed. During the initial process, PPC received one binding offer for the Melitis unit... of the two lignite units if no binding offers are received by the renewed deadline. The discussions

    8%
  4. Fighting fake news is a "to be or not to be" battle
    Photo by Panayiotis Tzamaros/Fosphotos

    Agora

    thing was confirmed – the enormous power of the fake news to do harm. This danger is especially evident..., such as the World Health Organization (WHO), have immediately recognized the danger of misinformation or fake news, in parallel with the danger posed by viruses, such as the new coronavirus and its mutations

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  5. New political storm heads towards PM following report on Tempe recordings
    Photo by Panayiotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    is a symbolic move since ND has a comfortable majority in the House (158/300 MPs) and is in no danger.... The most immediate danger for Mitsotakis is that the Tempe furore contributes to ND’s share of the vote in the EP elections falling below expectations. Although the conservatives are not in danger of coming

    8%
  6. BoG awaits go-ahead from DG Comp over NPL scheme
    Photo by MacroPolis

    EconomyBanking

    in Greece. Also during June, Eurobank announced that it had entered into a binding agreement with PIMCO’s... make up the portfolio, with 40 percent of the properties located in Athens. Non-binding bids... FPS fully. In late July, Alpha Bank launched the first round of bidding for its project Orion

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  7. Banks remain largely profitable in Q2, with focus on NPL reductions
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyBanking

    ’s various portfolios, management noted that a binding offer had been received for the sale... that it had entered into a binding agreement with Intrum for the purchase of 30 percent... in the coming months represent a mix of new auctions and re-auctions from postponed bidding due to the virus

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  8. Piraeus port privatisation moves a step closer
    Photo by Harry van Versendaal

    EconomyBanking

    The deadline for the submission of binding bids for the acquisition of a 67 percent stake in Piraeus Port (OLP) expired on Monday, with the Hellenic Republic Asset Development Fund (HRADF) noting..., press reports indicate that only COSCO submitted a binding offer on Monday. COSCO, one of the largest

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  9. Newsletter 59 - 22/01/2016

    Newsletters

    . The next privatisation projects include the submission of binding bids for the full sale of rail... having adopted the bailout and agreed to implement it, appears to be having a binding effect. Tsipras

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  10. Alpha, Eurobank sign agreement with KKR for management of NPLs

    EconomyBanking

    In a joint press release, Alpha and Eurobank announced on Tuesday that they have reached a binding agreement with KKR Credit for the management of credit and equity exposures to a number of selected.... However, the agreement remained on paper with Piraeus noting in April 2015 that the binding exclusivity

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