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Suspension of Eldorado's mine work deals blow to coalition's investment drive
Economythe acceleration of the privatisation programme. Recent activity On December 14, the Hellenic Republic Asset... for the upgrade, maintenance, management and operation of 14 regional airports. The financial offer... this year, which is above the 2016 budget target of 2 billion. Economy Minister Giorgos Stathakis
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Eurogroup sets conditions for disbursements totalling 10.3 bln to take place
EconomyProgrammewith an objective property value below 140,000 euros. 2) A correction in the legislation on pension reform probably... of the concession agreement for Hellinikon (former Athens airport), which is similar to the one for the 14... Development as preferred bidder for Hellinikon was rubber stamped on November 14, 2014 for a consideration
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HRADF's updated plan for 19 privatisation projects published
Economyprojects. The consortium of Fraport–Slentel was declared as preferred bidder for 14 regional airports... on November 14, 2016. For Astir Palace, Jermyn was declared the preferred bidder and signed... Stergios Pitsiorlas recently noted that the privatisation target of 2 billion euros for this year
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Deal for Hellenikon sealed; gov't sees improved terms, economic boost ahead
Economyamends the share sale and repurchase agreement of November 14, 2014. The cash consideration... euros, 2 billion higher than the 6 billion envisaged in the initial agreement. In addition, 80 percent... the fulfilment of the precedent conditions with the ultimate deadline set on November 14, two years after
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Piraeus Bank posts net profits of 31 mln in Q3, records improved asset quality trends
EconomyBankingquarter. For the 9-month period, the bank posted net profits of 14 million from losses of 621 million... targets to reduce its NPLs and NPEs by around 14 billion from June 2016 until the end of 2019... (+19 percent). Operating expenses fell by 2 percent QoQ to 322 million, mainly reflecting reduced
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Newsletter 122 - 09/06/2017
days (28 billion) and those unlikely to pay (30 billion). Furthermore, more than 14 percent of 2016... sustainability, it said. 2 Unemployment hits five-year low April figure is lowest jobless reading since... Greek airports rose by 14 percent up to the end of April. SETE expects foreign arrivals to increase
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Greece issues new 10 yr bond as investor appetite returns
Economythat fetched a yield of 1.91 pct and the 7-year issued in April of 2 billion euros. The two prior issues... support package of 24 billion euros (14 pct of GDP), including loan guarantees from Greek and EU... by 14:30 local time with total offers of 15.75 billion euros and price of mid swaps +160 basis points
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Eurobank posts loss of 1.21 bln euros in 2020 as it sheds off bad loans
EconomyBankingof 14 percent at the end of 2020, down from 29.2 percent a year earlier and the lowest of Greece’s... percent QoQ and stood at 329.3 million euros. On an annual basis, NII fell by 2 percent and came... euros in 2020, after it had dipped to 1.9 billion euros last year from a 2016 high of about 14 billion
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Newsletter 340 - 03/06/2022
closely follows in third with 14 pct. However, foreign policy and defence are seen as policy areas... and in the sensitivity analysis the scenario of higher inflation by 2 percentage points in the current year... for 14 consecutive months. Monthly growth slowed down to 2.5 percent in April, from 10.6 pct
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Govt looks to contain political fallout from crash, prepares change to poll plans
PoliticsGreek Politicson Wednesday that the dates now under consideration are May 14 or May 21. The thinking... anger. If the elections are held on May 14 or 21 and a second vote is needed, this could be held on July 2, which would be after the university entrance exams for senior high school pupils, thereby
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