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  1. Agreement on third bailout with revised fiscal and macro targets, host of prior actions

    EconomyProgramme

    of the privatization plan undertaken by the Hellenic Republic Asset Development Fund (HRADF). Announcement of binding... Mechanism to release funding before August 20, when Greece has to meet the maturity of a 3.2-billion-euro

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  2. Surveillance hearings in Athens and Brussels highlight contrasting approaches to issue
    Photo by EC - Audiovisual Service

    PoliticsGreek Politics

    is now taking a carrot-and-stick approach to hitting a binding 10 pct energy savings target across the public sector. Public authorities which fail to meet the target will see funding cuts and hiring

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  3. Government dismisses EP rule of law resolution in midst of opposition outcry

    PoliticsGreek Politics

    for the prime minister as an anti-populist social progressive. Although the vote is non-binding... funding, as well as 700 million euros’ worth PPP contracts to upgrade student accommodation. Pierrakakis

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  4. Stress mounts ahead of ECB's tests on Greek banks
    Photo by MacroPolis

    Economy

    at the baseline, which was the binding scenario for capital shortfalls, and 9.4 billion under the adverse... reservations regarding the BoG stress test outcome. The first relates to the binding scenario with IMF noting

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  5. Piraeus port privatisation moves a step closer
    Photo by Harry van Versendaal

    EconomyBanking

    The deadline for the submission of binding bids for the acquisition of a 67 percent stake in Piraeus Port (OLP) expired on Monday, with the Hellenic Republic Asset Development Fund (HRADF) noting..., press reports indicate that only COSCO submitted a binding offer on Monday. COSCO, one of the largest

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  6. Alpha, Eurobank sign agreement with KKR for management of NPLs

    EconomyBanking

    In a joint press release, Alpha and Eurobank announced on Tuesday that they have reached a binding agreement with KKR Credit for the management of credit and equity exposures to a number of selected.... However, the agreement remained on paper with Piraeus noting in April 2015 that the binding exclusivity

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  7. First phase of process to find strategic investor for ADMIE completed

    Economy

    of the process, which includes a due diligence and the submission of binding offers by the end... will announce by October the date for submission of binding offers for the sale of all PPC shares in ADMIE

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  8. Banks focus on defining challenge of reducing NPEs
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyBanking

    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

    2%

  9. Privatisation revenues edge upward as end-of-year deadline looms
    Photo by Giannis Papanikos/Fosphotos

    EconomyFeatures

    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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  10. Breaking up is hard to do
    Photo via Flickr https://flic.kr/p/AVZDxh

    Agora

    Council, which officially endorsed the text of the Withdrawal Agreement. This legally binding international agreement together with the non-legally binding political declaration on the future UK-EU

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