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Newsletter 10 - 09/01/2015
that goes to the winning party rather than hand New Democracy a surprising victory. The percentage that the winning party would need to win at least 151 seats in Parliament depends The strength of the parties.... If the percentage gained by small parties totals 5 percent, for example, the winning party would need 38.4
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Inquiry into surveillance scandal begins as ND feeds speculation about change to election law
PoliticsGreek PoliticsDevelopment Fund (HRADF), Stergios Pitsiorlas, in which he expressed his disappointment at finding out that he... examined. One is a return to the 50-seat bonus for the winning party, which applied in the 2019... New Democracy introduced in 2020. Another option is to lower the threshold for winning a majority
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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
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Snap elections in Greece: The scenarios ahead
PoliticsGreek Politicsand the winning party would only need 35.6 percent to elect 151 of the 300 MPs. The former seems more... that beyond their opposition to austerity policies there is not a lot binding them. It is questionable... the euro played a significant part in preventing SYRIZA from winning the elections but many Greeks have
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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
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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
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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
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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
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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
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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
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