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Piraeus Bank posts 721 mln profit in 9M, NII up to 1.47 bln
EconomyBankingPiraeus Bank posted a net profit of 721 million euros in 9M 2023, with Q3 2023 profit at 279 million euros, from 331 million euros in 9M 2022. Normalised operating profit was 577 million euros in, with 277 million euros in Q3, from 729 million in 9M 2022. Asset quality The NPE ratio dropped to 5.5
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Newsletter 454 - 07/03/2025
for interfering with the scene of the crash. The motion was carried with 277 votes in favour, 12 against and 4
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Opposition takes aim at justice minister over offshore holdings amendment
PoliticsGreek Politicsof politicians and certain classes of senior officials from holding shares in jurisdictions which could...The government is being accused of trying to water down the restrictions on the holdings... holdings abroad, something that was previously not allowed. Critics of the amendment claim
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PPC general meeting approves unbundling of ADMIE
EconomyMacroeconomyagenda was the establishment of a holding company, the transfer of a 51 percent stake in ADMIE..., provision of guarantees from the holding company (Energiaki Holding SA) and assignment of existing... to the holding company stands at 491.84 million euros and this amount would constitute the share capital
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HRADF's updated plan for 19 privatisation projects published
Economythe submission of binding offers is scheduled for the third quarter (Q3) of 2016. The next steps involve.... For the former, one expression of interest was submitted in mid-April and the submission of binding... been short-listed and the binding bids are also expected until the end of May. HRADF holds a 30
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Newsletter 81 - 08/07/2016
Stato Italiane, submitted a binding offer for the sale of a 100-percent stake in rail operator TRAINOSE, while there were no binding offers Italy's Ferrovie was the only company to submit a binding offer
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Chinese State Grid makes highest bid of 320 mln for 24 pct stake in ADMIE
EconomyCorporation submitted the highest binding offer of 320 million euros for the acquisition of a 24 percent stake... to participate in the second phase of the tender process, which included the submission of binding offers. The deadline for the submission of binding bids, which was initially set on October 12, after
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PPC lignite unit bids fall flat in blow to privatisations
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
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Talks to begin on plan to rescue PPC from dire financial straits
Economybe “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
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HELPE privatisation moves closer as ROSCO sale is completed
EconomyProgrammeand Dutch company Vitol Holding to progress to the next round. The companies which did not meet the necessary criteria were Alrai Group Holdings Limited, a consortium composed of the companies Carbon... percent of HELPE shares and Paneuropean Oil and Industrial Holdings hold 45.5 percent. The remaining
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