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How economic sanctions on Russia could affect Greek economy
Agorahave invested 155 mln euros in total in Greece. In 2019, Russia was the 22nd largest source of foreign investment, accounting for just 0.6 pct of the total 4.5 bln euros. Greek investment in Russia has..., accounting for 9 pct of the total. Greek entities invested in Russia even as they were divesting
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Local elections in Greece a precursor of European vote
PoliticsGreek Politicsparties a sense of momentum. A total of 13 regions, or districts, are up for grabs along with 325... as a total of 104 political groupings are being represented in these elections. Traditionally parties... referendum on the proposed privatisation of the local water company, EYATH. Although the non-binding vote
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How Greek banks moved into a new era
Agora. They successfully raised a total of 8.31 billion (Alpha 1.2 billion, Eurobank 2.86, National 2.5..., the four banks had accumulated LLRs of 43 billion corresponding to 16.6 percent of the total loan book... was estimated at 5.8 billion under the binding baseline scenario and at 8.8 billion under
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Greece sets out plans for settling SME NPLs; mortgages to come
Economyeach. Total corporate NPLs stand at 40 billion. The government expects that 180,000 firms may benefit... of total bank claims against the firm. If this is less than 50 percent, than the amount of bank... at this point, whether the proposed settlement is binding for the new minister. Bank sources indicate
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Snap elections in Greece: The scenarios ahead
PoliticsGreek Politics. The percentage needed to gain a majority would depend on the sum total of support gained... elections, the parties that did not enter the House gained a total of around 6 percent and the barrier... that beyond their opposition to austerity policies there is not a lot binding them. It is questionable
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Ambitious privatisation targets will test government's resolve
Economytargets ahead for the coalition. The government has committed for total privatisation proceeds of 6.4... privatisations and other means. It is reminded that this fund would generate a targeted total of 50... will be updated on a semi-annual basis. 2) Announce binding bid dates for Piraeus (OLP
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Greek banks brace for recapitalisation, with Piraeus initiating a bond swap offer
EconomyBankingto be covered, according to market sources. However, it remains unclear whether the total capital shortfall would be almost evenly split among the four core banks. This means that even though the total...-plus-baseline capital needs and the higher figure that would stem from the adverse – possibly binding
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Greece close to agreement that would unlock sale of Astir Vouliagmenis
Economy) with the total size of the hotel complex at 120,000 square meters. Market sources indicate that NBG would receive 300 million from the total consideration of 400 million and HRADF the remaining 100 million... on asset sales was on December 21 with the submission of binding bids for the sale of a 67 percent
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Privatisation chief hopeful of reaching 2016, 2018 targets as several sales near conclusion
Economyto generate total proceeds of 5.8 billion euros by 2018, of which 2.5 billion are expected to be collected... will be transferred to the Italian grid operator Snam. Of the total 66 percent stake in DESFA that is directly..., Pitsiorlas said that binding offers from 7 international investors are expected by the end of August
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Newsletter 118 - 12/05/2017
of 8.6 percent in manufacturing production, which retains the lion’s share of the total index... and quarrying production, which accounts for just a fraction of the total index, soared 34.3 percent..., Tzanakopoulos described the court as issuing a “non-binding opinion” rather than a “ruling”. He also said
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