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Tsipras looks for fresh start as Mitsotakis holds election cards
PoliticsGreek Politicsvote, based on a simple proportional representation system, negating the need for a second ballot using..., there is little prospect of SYRIZA winning the next elections, even though the simple PR system
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Mitsotakis seeks to wrestle back initiative by launching new revision of Greek Constitution
PoliticsGreek Politics. Even if the proposals pass the current Parliament with a simple majority, the next Parliament would..., the next Parliament can amend it with a simple majority of 151 votes. If the current Parliament approves
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Banks remain largely profitable in Q2, with focus on NPL reductions
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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Stress mounts ahead of ECB's tests on Greek banks
Economyat the baseline, which was the binding scenario for capital shortfalls, and 9.4 billion under the adverse... reservations regarding the BoG stress test outcome. The first relates to the binding scenario with IMF noting
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Piraeus port privatisation moves a step closer
EconomyBankingThe 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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Newsletter 59 - 22/01/2016
. 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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Alpha, Eurobank sign agreement with KKR for management of NPLs
EconomyBankingIn 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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Newsletter 74 - 20/05/2016
and Eurobank announced they have reached a binding agreement with KKR for the management of NPLs... of provisioning, thus binding up valuable capital that could otherwise be lent to the real economy. Two
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New rules on sale of NPLs come into play after approval of omnibus bill
EconomyProgrammewith a binding timetable on a comprehensive mechanism of effective management of private debt. In addition..., which signed a binding agreement with KKR Credit for the management of 1.2 billion corporate NPLs
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First phase of process to find strategic investor for ADMIE completed
Economyof the process, which includes a due diligence and the submission of binding offers by the end... will announce by October the date for submission of binding offers for the sale of all PPC shares in ADMIE
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