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Banks tout ambitious NPE plans to return to European mainstream
EconomyBankingGreece’s banks have started what was set to be a difficult year for them by winning plaudits for their progress towards meeting tough goals for reducing the stock of non-performing exposures. Last... last year, at the expense of lower interest income arising from these holdings in the years to come
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Newsletter 436 - 11/10/2024
a year after causing an upset by winning the mayorship. Doukas was the third most popular of the PASOK... offshore holdings unveiled with great fanfare by the then president came to dominate the political debate
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PM reacts to Trump win as Kasselakis manipulation claims put SYRIZA on knife edge
PoliticsGreek Politicsthe impression that he is winning. Polakis, who had been one of Kasselakis’s biggest backers... on the candidate and could not be sure that Kasselakis had properly divested from his offshore holdings
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The refugee crisis and the beast within
AgoraAs symbols go, the imaginary pig’s head in William Golding’s Lord of the Flies requires little explanation. Its meaning is summed up in one line of the unnerving classic. “Fancy thinking the beast was something you could hunt and kill!” says the fly-infested head. “You knew, didn’t you? I’m part
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ND vies for more support on migration, gets tangled up in football controversy
PoliticsGreek Politicsand may even be profiting from the inflows. Football controversy The latest controversy dogging Greece
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Opposition vents over police corruption allegations
PoliticsGreek PoliticsThe start of a new week finds the government facing awkward questions again, although this time they are focussed more on alleged corruption within the police force than in connection to the surveillance scandal, which has been dogging New Democracy for months. Reports in left-leaning Documento
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HFSF records losses of 1.2 bln in 9-month amid revaluation losses from bank holdings
EconomyBankingThe Hellenic Financial Stability Fund (HFSF) posted net losses of 1.25 billion euros in the 9-month period of 2016 from 8.89 billion a year ago, its interim financial report showed on Friday. This year’s bottom line result was dragged down by revaluatio...
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The targets and deadlines in Greece's privatisation programme
EconomyProgrammewill be updated on a semi-annual basis. b) Announce binding bid dates for Piraeus (OLP) and Thessaloniki (OLTH... steps for the sale of regional airports at the current terms with the already selected winning... and share purchase agreements by October, while binding offers are expected in November and parliament
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EC report analyses state of play with privatisations as HELPE hits obstacle
EconomyFeaturesday that the EC released its document, it emerged that no binding offers had been received... with Algeria’s Sonatrach after they were shortlisted for the tender. However, in the event, no binding bids... in the international environment that affect the consortia, there were no binding offers submitted
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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... for the winning party but retaining the 3 percent threshold for entering Parliament – would apply
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