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New Democracy to take second stab at leadership vote on Dec 20
PoliticsGreek Politicsas the four candidates have agreed to hold the ballot on Sunday, December 20. The party’s electoral committee... take place on December 13 but fears about whether the IT system would be ready in time reportedly prompted the candidates to ask for the date to be pushed back to December 20. If the elections do
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Banks reveal new capital structures, ex-bondholders sell shareholdings
Economythe bookbuilding, LME and bail-in is expected to commence trading on December 14. Piraeus HFSF’s... trading on December 8. Stock performance The new Alpha and Eurobank shares that resulted from both... be expected when NBG and Piraeus shares that resulted from the LME commence trading on December 14
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Newsletter 54 - 04/12/2015
on November 20 and is due to be voted on December 5, foresees revenues of 49.11 billion in 2016, up.... It was initially thought that the party would try again to elect a leader on December 13 but concerns about the software prompted it to push the date back by a week, even though December 20 coincides
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Pension reform wrangle prompts Greece to consider going own way on contributions rise
EconomyProgrammewith unilateral legislation of its proposals within December. The third memorandum of understanding (MoU... Commissioner Pierre Moscovici in Brussels on December 7, with the latter noting the pair had “constructive... returned to Athens this week, are scheduled to meet with Katrougalos on December 10 and the outcome
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Newsletter 55 - 12/12/2015
for December 21. Pitsiorlas reiterated that interested candidates for the sale of a 67-percent stake...% stake in Piraeus Port is December 21. in the summer and there are currently two candidates... Chamber of Commerce in early December 2014 – almost a year to day before Tsipras made his comments
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Multi-bill tabled in Parliament, paves way for sale of NPLs
EconomyProgrammewill be debated in the parliamentary committees on Monday, December 14 and the ballot in the plenary session is scheduled for Tuesday, December 15. Its approval by Parliament will pave the way for the disbursement of the sub-tranche on Friday, December 18 after the relevant ratification by the Eurogroup
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Marked rise in expenditure leads to a budget primary deficit in Nov
Economyin the Parliament on December 5. The 2015 revenue and expenditure targets were lowered by 399 and 25... the marked outperformance in November, the December figure has to exceed the 8.3-billion mark for the full year target to be met. Although December includes seasonal revenues such as road tax fees
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Suspension of Eldorado's mine work deals blow to coalition's investment drive
Economythe acceleration of the privatisation programme. Recent activity On December 14, the Hellenic Republic Asset... for the 40-year life of the concession. A week later on December 21 binding bids for the sale of a 67 percent stake in Piraeus Port (OLP) were submitted and further announcements are due today. In December
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Primary cash surplus improves 2.5 times to 3.49 bln in 2015
EconomyMacroeconomyin December down by 16.7 percent from last year. The central government deficit narrowed by 20.2 percent... to 1.46 billion in December. The breakdown showed cash revenues increased by 8.2 percent to 5.67 billion in December, which is by far the highest reading in the course of 2015 also reflecting seasonal
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Newsletter 61 - 05/02/2016
by 14.3 percent in December, which was much more pronounced than the 1.8 percent decline in November... from 50.2 in December, suggesting a stabilisation in the sector. Markit’s data showed marginal drops... costs decreased. Incoming new orders fell further at a faster pace compared to December. New export
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