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PPC lignite unit bids fall flat in blow to privatisations
EconomyFeaturesfor the Megalopolis unit. The consortium composed of Seven Energy and Gek Terna decided not to put in a binding offer for either unit after deciding that the structure of the deal and the share.... PPC received one binding offer for the Melitis unit in Florina from Mytilineos which was reportedly
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PM sparks speculation with Theodorakis talks as centre-left gears up for congress
PoliticsGreek Politicsat discussing a proposal put forward by the centrist party, which is currently in the process of joining forces... friction between the Potami leader and Gennimata but also shows that Tsipras is open to finding common... system (no 50-seat bonus for the winning party) and make the formation of a new administration even
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Wage ruling gives gov't immediate fiscal headache, political one may come later
PoliticsGreek Politicsand even then it can only be put towards one-off measures, not those of a permanent fiscal nature... on wage maturities If this proves to be correct, the government faces a challenge in finding... program review being carried out by the troika. It has struggled to reach this amount so finding
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The wit and will of men
Agorasome clarity about what interventions will be made in the coming years so the country’s debt is put... of them could be put at risk by further procrastination over the debt issue. Wrong turn If events take... to be put on hold. Athens saw these two developments as vital to its ultimate goal of lowering
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Promises and challenges of Greece's "green new deal"
EconomyFeaturespledging to put the country among the global leaders in the transition to a zero-carbon economy... and Climate (abbreviated in Greek as ESEK), which amends the plan put forward by the previous government... levels (compared to 32 percent in the original plan), which would put Greece above the central EU
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Newsletter 74 - 20/05/2016
protective mechanisms need to be put in place for lenders and certain creditors. Initially, the Greek... and Eurobank announced they have reached a binding agreement with KKR for the management of NPLs... of provisioning, thus binding up valuable capital that could otherwise be lent to the real economy. Two
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Newsletter 113 - 31/03/2017
. Furthermore, the content of the agreement will first be put to the party’s central committee... consenting to the proposed debt restructuring. Three binding offers were submitted for the acquisition... investment groups that have tabled binding bids. One the biggest stumbling blocks to have emerged
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Athens facing final steps in third review as next milestones identified
EconomyProgrammethat whatever strategy is put forward ensures that the fiscal targets for the coming years (3.5 percent of GDP..., the completion of the tender for gas grid operator DESFA (the deadline for binding offers is February... with binding targets for employment, growth and fiscal discipline. If eurozone finance ministers give the green
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Banks focus on defining challenge of reducing NPEs
EconomyBankingof loans at 11.6 billion euros, with liquidations generating an NPE reduction of 10.6 billion. Having put... by 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
EconomyFeaturesof the persisting impression among Greeks that the country has put on a fire sale of its best assets in order... charges 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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