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  1. Greece's primary surplus: Much ado about nothing?

    Agora

    with those released by the Hellenic Statistical Authority (ELSTAT) on April 14. This means... ELSTAT tables show in more detail the headline numbers Eurostat published on Wednesday: Table 2 shows... Eurostat, ELSTAT had noted in its press release on April 14 that: So it was not Eurostat that would

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  2. Banks reveal new capital structures, ex-bondholders sell shareholdings

    Economy

    the bookbuilding, LME and bail-in is expected to commence trading on December 14. Piraeus HFSF’s... be expected when NBG and Piraeus shares that resulted from the LME commence trading on December 14..., with the closing price at 2 euros equal to the offer price in the book building. Eurobank stock dived 29.29

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  3. Greece close to agreement that would unlock sale of Astir Vouliagmenis

    Economy

    was announced on December 14 and involved the signing of the concession agreement for the upgrade, maintenance, management and operation of 14 regional airports for 40 years. The agreement was signed... target of 2 billion. On top of the mentioned projects, other privatisation targets for 2016 include

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  4. Suspension of Eldorado's mine work deals blow to coalition's investment drive

    Economy

    the 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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  5. Eurogroup sets conditions for disbursements totalling 10.3 bln to take place

    EconomyProgramme

    with 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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  6. HRADF's updated plan for 19 privatisation projects published
    Photo via Flickr https://flic.kr/p/9SDyrr

    Economy

    projects. 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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  7. Deal for Hellenikon sealed; gov't sees improved terms, economic boost ahead
    Photo via Flickr https://flic.kr/p/r7FCCf

    Economy

    amends 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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  8. Piraeus Bank posts net profits of 31 mln in Q3, records improved asset quality trends
    Photo by MacroPolis

    EconomyBanking

    quarter. 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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  9. Newsletter 122 - 09/06/2017

    Newsletters

    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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  10. Greece issues new 10 yr bond as investor appetite returns
    Photo by MacroPolis

    Economy

    that 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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