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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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Company closures dropped sharply during the pandemic
EconomyFeaturesand retail trade; repair of motor vehicles and motorcycles” which saw 8,082 closures. While that may seem... actually dropped 18.9 percent. In fact, only one sector saw an increase in the number of closures in 2020: electricity, gas, steam and air conditioning supply, which saw an increase of 26.4 percent
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EP president visit and winding up of rail crash inquiry cast spotlight on rule of law concerns
PoliticsGreek Politicsof the lack of an opportunity to discuss the resolution on a day which saw the inquiry into the deadly
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October revenues reverse earlier shortfall, annual primary surplus in sight
Economyto the targets being beaten over the last four months, even though there is a steady increase
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Two hurdles left for coalition this year before bigger challenges in 2014
PoliticsGreek PoliticsGreece’s coalition has two more hurdles to clear before it stumbles over the finishing line at the end of the year, exhausted and battered but not quite yet beaten. The first challenge is to pass the new property tax, which unites previous disparate levies in one charge, through Parliament. The new
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First round of local elections leave Greek politics finely balanced
PoliticsGreek PoliticsDemocracy’s incumbent Vassilis Michaloliakos was beaten into second place by independent Yiannis Moralis
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Wages index edges up YoY in Q1 after sinking by 24.8 pct since 2010
EconomyMacroeconomybeaten by that of Cyprus (-7.9 percent). In addition, Greece and Cyprus are the only two countries
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