Search
-
December current account deficit at 1.51 bln and 5.28 bln for 2018
EconomyMacroeconomy(Belgium) in the capital increase of the Greek consortium SENFLUGA Energy Infrastructure Holdings..., which was driven by a rise of 560 million in residents’ holdings of foreign bonds and T-bills. Holdings of foreign equities fell by 145 million. A decrease in residents’ external liabilities is mainly
1% -
Don't celebrate a French reconnection for EU just yet
Agorathe possibility of Le Pen, or someone like her, winning an election. “The prospect of a Le Pen presidency upsets... in working class areas, was a catalyst in Brexit without winning a single seat at a general... or will it break the spell binding the member states? These are just some of the immediate challenges facing
1% -
Tax and banks dominate government's thoughts amid opposition, public pressure
PoliticsGreek Politicsafter finding itself on the receiving end of more pressure from the opposition, but also public... of it, over this issue, his chances of winning a clear majority in the next general election... on finding ways of lightening the tax burden ahead of the next national vote, due in 2027. Naftemporiki
1% -
Greek train firm TRAINOSE attracts just one bid, no interest in rolling stock
Economybinding offer was submitted for the sale of 100 percent stake in TRAINOSE (operation and management... Italiane, which also submitted a binding offer on Wednesday, the open joint-stock company Russian Railways (RZD) and the Greek GEK TERNA. The deadline for the binding offers was initially set for the end
1% -
Greek banks maintain focus on key areas as elections approach
EconomyBankingof consumer loans, credit cards, micro-businesses and worth 1.2 billion euros. Non-binding offers have been received, with investors soon to be invited to submit binding ones. Talks are also underway... by FPS will be sold to foreign investors. Binding offers are expected by the three interested investors
1% -
Alpha and NBG complete sales of hotels
EconomyBankingthat it concluded a definitive agreement with Home Holdings for the sale of its majority stake (97.3 percent) in the Athens Hilton hotel. Home Holdings was declared preferred bidder for the acquisition of the Hilton on August 5. Home Holdings is owned by Tourism Enterprises of Messinia SA (controlled
1% -
Current account surplus at 1.21 bln in September on services balance growth
EconomyMacroeconomynotable transactions during the period were the acquisition of the Dutch company Stone Works Holdings... in the holdings of foreign bonds and T-Bills. At the same time, a net increase in liabilities was also noted due to a 1.8 billion euros rise in non-residents' holdings of Greek government bonds
1% -
November current account deficit at 1.41 bln as import value outstrips exports
EconomyMacroeconomycapital of Hellenic Healthcare Holdings SA, which in turn acquired the Diagnostic and Therapeutic... which was driven by a rise of 1.1 billion euros in holdings of foreign bonds and T-bills. A net...-residents' holdings of Greek government bonds and T-bills. During the aggregate period, residents
1% -
Foreign minister toughens stance as first autumn polls pile pressure on government
PoliticsGreek Politicssecond term. Perhaps the most significant finding of the polls from the government’s perspective.... Mitsotakis knows that he needs to court a wide range of constituencies to have any chance of winning... and the toughening stance on migration, aimed at winning back right-wing conservatives, combined
1% -
Credit origination and transmission: Are Greek banks part of the problem or the solution?
Agoraratios require domestic lenders to step up their provisioning, thus binding already scarce capital.... The challenge Greek SMEs face in finding access to finance will continue to make the search for feasible
1%