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Athens anxious about managing alliances and fallout from Iran bombing
PoliticsGreek PoliticsThe Israeli–US strike on Iran over the weekend has jolted European capitals – none more so than... Minister Kyriakos Mitsotakis has framed Greece’s response around stability, restraint... civilians and uphold the rules‑based order. At the same time, he has been careful not to criticise
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OPEKEPE scandal widens as pressure mounts for PM on multiple fronts
PoliticsGreek Politics, the picture has grown more complex: the existence of a third dossier compiled by the European Public Prosecutor’s Office (EPPO) has now been confirmed, the full list of the eleven MPs facing an immunity‑lifting request has been widely reported, and government sources are openly acknowledging
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Bank framework paves way for Eurobank capital increase, gives HFSF flexibility
EconomyBankingof the next tranche. It has deemed “urgent” and is due to be voted on March 30. The second of the three... covered by the HFSF. The HFSF may decide on the disposal of its bank holdings over the next five... a more flexible and effective way of managing and disposing its bank holdings, which is currently
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Greek current account deficit widens to 847 mln in Jan as exports fall further
EconomyMacroeconomyEdition), which is under the auspices of the International Monetary Fund and has already been... stemming from a similar drop in non-residents’ holdings of Greek government bonds and T-Bills... attributed to a 4.1 billion rise in residents’ deposits and repo holdings abroad. Reserve assets
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Current account surplus almost doubles to 1 bln in June
EconomyMacroeconomytrip has also reduced in June. As a result, travel surplus retreated by 3.6 percent to 1.72 billion... billion in June mainly reflecting a reduction of 2.9 billion in residents’ holdings of foreign bonds...-residents’ holdings of Greek government bonds and T-Bills. For the first half period, resident’s net
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HRADF's updated asset development plan sets out next batch of privatisations
EconomyProgrammethat a consortium led by Lamda Development has already been declared the preferred bidder for a cash... (general mining and metallurgical company) as well as the state’s minority holdings in OTE (1 percent... call for hiring of advisors is also due for the sale of HRADF holdings in Hellenic Petroleum (35
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January current account deficit at 585.8 mln as goods balance worsens
EconomyMacroeconomyfigure for a year ago showed a deficit of 339.8 million, meaning that the deficit has worsened... of 2.5 billion in residents’ holdings of foreign bonds and T-bills. A net increase in liabilities for the month originated from a 1 billion-euro rise in non-residents' holdings of Greek government
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January current account deficit at 1.18 bln as underlying components deteriorate
EconomyMacroeconomy. The respective figure for a year ago showed a deficit of 695.9 million, meaning that the deficit has worsened... in residents’ external assets, which reflects mainly a decrease of 1 billion in residents’ holdings...-euro rise in non-residents' holdings of Greek government bonds and T-bills. Reserve assets fell month
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Alpha Bank enters agreement with Davidson Kempner for 10.8 bln Galaxy securitisation
EconomyBankingis on a levered basis, while the bank has further upside through an earn-out of up to 68 million euros if certain... securitisation. The deal will see Davidson Kempner acquire an 80 percent stake in Cepal Holdings, Alpha... will be run by the same executives as Cepal Holdings, for the management of its existing retail
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SYRIZA MP asks: Just how will we find the money?
PoliticsGreek PoliticsGlezos, has broken new ground by being the first leftist lawmaker to express doubts about just where... respected Second World War hero, said during an interview with Vima FM on Wednesday. “It has to be more...’ defences are weak. The opposition party has not yet been able to give a credible response to critics
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