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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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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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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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Banks focus on defining challenge of reducing NPEs
EconomyBankingby Alpha Bank announcing in March that it signed a binding agreement with B2Holding group for the disposal... of NPLs by the bank to around 4 billion across 2018. Today, Piraeus expects to receive the binding offers
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Privatisation revenues edge upward as end-of-year deadline looms
EconomyFeaturescharges were not financially viable. Binding bids for the concession are due to be submitted by the end... to receive binding offers for HELPE before the end of the year. In July, the deal to transfer 49 percent
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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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Breaking up is hard to do
AgoraCouncil, which officially endorsed the text of the Withdrawal Agreement. This legally binding international agreement together with the non-legally binding political declaration on the future UK-EU
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