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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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Bank framework paves way for Eurobank capital increase, gives HFSF flexibility
EconomyBanking, confirming the recent strong investor interest in Greek bank stocks. Alpha’s private placement... 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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Services help increase Greek current account surplus to 1.37 bln in June
EconomyMacroeconomya rise in non-residents’ arrivals by 13.7 percent. Following the strong performance in June, the drop... to residents’ holdings of foreign bonds and T-Bills partly offset by an inflow in non-residents’ investment...’ holdings of Greek stocks. Reserve assets remained flat month on month at 5 billion, yet
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Greek current account deficit grows in Dec, 2014 surplus at 1.66 bln
EconomyMacroeconomyby 2.82 billion, on strong tourism, and to a lesser extent to shrinking income account deficit... as a drop in non residents’ holdings of Greek government bonds and T-Bills. For the full year, the net... billion) largely offset by a drop in GGB and T-Bill holdings. Reserve assets increased month on month
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Current account deficit widens to 404 mln in March
EconomyMacroeconomyby 8.1 percent with receipts up 13.3 percent, entirely reflecting a strong growth (+34.3 percent) in non... in residents’ holdings of foreign bonds and T-Bills by 789 million and a rise in residents’ investment... assets, largely due to a drop in residents’ holdings of foreign bonds and T-Bills by 11.4 billion
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Greek C/A deficit shrinks by 17 pct in April as imports drop faster than exports
EconomyMacroeconomy). Higher travel receipts are fully attributed to a continued strong rise in non-residents’ arrivals... in residents’ external asset, which stems from a drop in residents’ holdings of foreign bonds and T... assets of 6 billion was posted mainly reflecting a decline in residents’ holdings of foreign bonds
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Current account in surplus for 2nd straight month in June but down 20 pct on 2014
EconomyMacroeconomybillion. The latter is fully attributed to a strong rise in non-residents’ arrivals by 20.8 percent more... shares by 1.2 billion and a drop in their holdings of foreign bonds and T-Bills by 283 million... in residents’ external assets in the 6-month period arising from a decline in residents’ holdings
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January current account deficit at 585.8 mln as goods balance worsens
EconomyMacroeconomymillion in January, despite a strong rise of 16 percent in international arrivals during the month... 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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Piraeus Bank makes net profit of 12 mln in Q4, edges into profitability for 2017
EconomyBankingAmeoba, has attracted strong interest. The first phase was recently completed, with the second phase... of 2016, which reflects the lower EFSF/ ESM bond holdings due to the ongoing exchange in the framework of short term measures for Greek public debt relief: from 13.2 billion holdings in December 2016
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