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Greece in 2014: The risks and opportunities of moving forward
Agoraarea as its 18th member. It thereby becomes the second Baltic state to join the eurozone after... area and will be the poorest country in the single currency zone (measured in terms of GDP-per-capita... structural reforms implied. Euro area membership for Latvia and the rotating EU presidency for Greece
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Coalition seeks to quash concerns about complications with Hellenikon development
PoliticsGreek PoliticsReports that the Culture Ministry has launched a bid to categorise almost the entire area... or archaeological discoveries that may hold up the redevelopment plan. However, the site being declared an area... of exaggerating the potential impact of its plan. According to the ministry, the area that the ministry
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What Dijsselbloem didn't say
Agorato the discussion about the eurozone since the crisis broke out in the single currency area. “The north... states. The idea of there being a higher and lower ground in the euro area has also fueled..., the euro area’s overall current account “stayed moderately positive,” never exceeding 1 percent
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Wolfgang at the door
Agorasuch a bleak time for the euro area, are the main reasons that Schaeuble is seen by some as having... members of the euro area over the last years. Economic benefits Since 2010, Greece, Portugal, Spain... area have (inadvertently) worked in Germany’s favour. In 2013, it was reported that Berlin had saved
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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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Positive sentiment around banks continues to grow
EconomyBanking. The largest holding amongst the four systemic banks is with NBG at 40.39 pct and it is expected... pct and Alpha Bank with a 9 pct holding. Market participants argue that despite the positive... its intention to proceed as planned with the divestment of the Greek state holdings, via HFSF
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ELSTAT sees 2013 primary deficit at 8.7 pct of GDP, 40 bln wiped out from economy since 2010
EconomyMacroeconomyrules. c) Revenues from transfers related to the income of euro-area national central banks from their investment portfolio holdings of Greek government securities. The Finance Ministry had indicated
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Finance Ministry scrambles to correct property tax after error-strewn debut
EconomyMacroeconomy. These include those with annual income up to 9,000 euros and who own properties with a surface area... of the wider tax base, which now includes plots of land and agricultural holdings. The MoF said
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