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Government fears losing momentum to new Tempe backlash as GSI tensions rise
PoliticsGreek Politicsgeneral elections could be the difference between winning a parliamentary majority or a more... government, which is having trouble not only dealing with Turkey’s objections, but also finding common
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ND mulls next tax cuts as it prepares to unveil new electoral law
PoliticsGreek Politicsrepresentation system that will award a bonus to the winning party. Unlike the existing system, which... to use a sliding scale so the bonus is linked to the winning party’s performance. “We can’t have a situation where the winning party gets 18 percent and gets the same bonus as it would if it gained 38
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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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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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Amid efforts to help banks reduce NPLs, portfolio sales dominate drive to meet 2018 targets
EconomyBankingindicates that non-binding bids must be received by December 10, and binding bids by the end of February
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NBG net profits decline to 8 mln in Q3, NPLs continue to fall
EconomyBanking-binding bids must be received by December 10, and binding bids by the end of February. The bank hopes
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