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Domestic pressure over refugee crisis building for Tsipras
PoliticsForeign Policymay become a holding pen for refugees and migrants. However, the increasing isolation of Greece over... is holding with Western Balkan countries in Vienna on Wednesday was a serious blow and has raised..., for holding up the deployment of the NATO reaction force. It may be just a question of time before
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PM seeks to douse snap election talk, points to October polls
PoliticsGreek PoliticsAmid growing speculation that Alexis Tsipras is thinking of rejecting the option of holding snap... reports suggesting that Tsipras is leaning towards holding out until October for general elections... but some commentators have suggested that this would also facilitate the holding of national
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Greek banks eye positive market appetite for bad loan sales
EconomyBankinga holding company. In Piraeus Bank’s preliminary summary ahead of their full 2019 results, the bank... as forthcoming legislative reforms. Alpha Alpha Bank is also holding roadshows in Paris and London this week... will be transformed into a holding company with a transformation date of June 30, 2019. The results
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IMF examines where programme went wrong, what lessons were learnt
EconomyProgrammeand strong political resistance in some EU countries on outright debt reduction, delay of debt restructuring... are based though on strong ownership and parsimonious conditionality With the benefit of hindsight... the adjustment more durable and equitable. In addition, Greece needs strong ownership and a number
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July current account shows surplus of 1.58 bln as tourism drives services surplus
EconomyMacroeconomyby strong performance in the services surplus which offset a deepening of the balance of goods deficit.... This was driven by imports rising faster than exports in absolute terms. A strong improvement was noted... in holdings of foreign bonds and T-bills. A net decrease in liabilities for the month was mainly due
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Current account surplus reaches 1.68 bln in July thanks to services
EconomyMacroeconomy. The strong C/A surplus posted in July turned the year to date C/A balance to a surplus of 567..., while the trade deficit excluding oil and ships contracted. The strong performance in July further...-based Consolidated Lamda Holdings in the capital increase of Lamda Development. In the 7-month
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Greek banks conclude series of corporate actions as part of restructuring
EconomyBankingHoldings, a company owned by Tourism Enterprises of Messinia (controlled by the Konstantakopoulos family) and D-Marine Investment Holding. The latter is based in Amsterdam and operates as a subsidiary... Bank Cyprus (PBC), to Holding M. Sehnaoui for a consideration of 3.2 million. The transaction
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Newsletter 395 - 29/09/2023
participation to almost full ownership at 98.6 pct holding. As HFSF opted to sit out the subsequent capital increases, its share was substantially diluted, essentially losing its entire holding... in the share capital of Eurobank, setting in motion its plan to dispose of its holdings in the four
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State braces for losses as bank divestment plan is put into action
EconomyBankingof state capital, which pushed up state participation to almost full ownership at 98.6 pct holding. As HFSF... losing its entire holding in Eurobank, and its stake fell from 95.23 pct in the end of 2013... of its holdings in the four systemic banks, bringing to a close a long period of state involvement
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Politics trumping economic prudence in Greece
Agorais a holding company that has a rather unimpressive track record of investing in predominantly Greek... with an equity investment in a holding company that risks looking more like a lifeline for MIG than
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