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HFSF sets out bank divestment strategy, marking final chapter in turbulent story
EconomyBankingwith the holding at Alpha trimmed to 66.2 pct, in Eurobank to 35.4 pct, in NBG to 57.2 pct and in Piraeus... than 5 pct ownership, with the overarching objective of securing a premium of the holdings..., essentially the current holdings that are up for divestment. Greek banks have experienced a rather
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HELPE privatisation moves closer as ROSCO sale is completed
EconomyProgrammeand Dutch company Vitol Holding to progress to the next round. The companies which did not meet the necessary criteria were Alrai Group Holdings Limited, a consortium composed of the companies Carbon... percent of HELPE shares and Paneuropean Oil and Industrial Holdings hold 45.5 percent. The remaining
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The complexities of regaining market access: Could Greece learn from Portugal?
Agorawith Athens’ third international creditor – the IMF – is planned to expire a year later. In order to cover... of the Greek government is to return to debt markets in order to regain fiscal sovereignty and thereby decide... the outstanding 35 percent in order to guarantee the successful initial sovereign debt placement
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Cooperatives on Cyprus: Why they were treated differently to banks
Agoragovernment agencies that would guarantee mortgages of families in order for them to receive a lower... a penalizing interest in order to defer to EU competition clauses. The new CEO of the Central Co-operative... before 1931 did so in order to be able to draw credit from the government sponsored Agricultural
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BoG sees encouraging signs for Greek economy but warns on reforms
Economyshould be maintained and strengthened, according to the BoG, in order to eliminate uncertainties... in order to achieve a modern state offering high-quality services without getting in the way of business... targets. On the prospects of the domestic economy the BoG concludes: “In order to avert risks
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So far and yet so near for Greece and eurozone after second abortive Eurogroup
PoliticsGreek Politicssurpluses and financing in order to guarantee debt sustainability in line with the targets agreed...-term deal is needed in order to negotiate calmly on broader issues, which include debt relief... sides room to negotiate over the coming months. However, time is of the essence in order to seal
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Newsletter 23 - 17/04/2015
funding, desperately short of cash. In order to cover its international and domestic obligations... that in order to pay salaries, pensions and lenders, the government has held back on payments.... It has been clear for some time that in order to overcome this obstacle, the Greek side will have
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Greece is gasping for a deal
Agorato unlock further funding, desperately short of cash. In order to cover its international and domestic... has been that in order to pay salaries, pensions and lenders, the government has held back... to eye soon. It has been clear for some time that in order to overcome this obstacle, the Greek side
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Newsletter 35 - 17/07/2015
parliamentary group, which has crossed numerous “red lines” to support unpopular measures in order... of pensioners waiting in the July heat to gain access to a bank branch in order to collect parts... will rush to turn on the lending taps to the real economy in order to maximise available funds from
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Newsletter 65 - 04/03/2016
of getting his party’s finances in order as a good way of proving to voters that he can be trusted... in order for the programme to have a chance of succeeding. These mixed motivations were best summed up..., which would involve being kept alive economically in order to receive, treat, feed, clothe and house
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