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Cenergy Holdings posts net profits of 4.3 mln
EconomyCorporatesCenergy Holdings financial results for the first half (H1) of the year show that the group’s revenue rose by 10 percent during the first six months of the year. Sales for H1 2019 totalled 496.7 million euros versus 451 million in H1 2018. The report noted that this was due to first deliveries
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PM prepares to finalise relief package as talk of electoral tweak gathers pace
PoliticsGreek Politicsfront, the initial idea of abolishing the so-called “personal difference” and folding it into core
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The refugee crisis and the beast within
AgoraAs symbols go, the imaginary pig’s head in William Golding’s Lord of the Flies requires little explanation. Its meaning is summed up in one line of the unnerving classic. “Fancy thinking the beast was something you could hunt and kill!” says the fly-infested head. “You knew, didn’t you? I’m part
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Market value of HFSF's bank holdings plummets by 11 bln in 2014
EconomyBankingThe Hellenic Financial Stability Fund (HFSF) reported extended losses of 9.92 billion euros last year from 9.61 billion in 2013, according to its 2014 annual report. The negative result for 2014 is primarily related to revaluation losses of 9.7 billion ...
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HFSF records losses of 1.2 bln in 9-month amid revaluation losses from bank holdings
EconomyBankingThe Hellenic Financial Stability Fund (HFSF) posted net losses of 1.25 billion euros in the 9-month period of 2016 from 8.89 billion a year ago, its interim financial report showed on Friday. This year’s bottom line result was dragged down by revaluatio...
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December current account deficit at 1.51 bln and 5.28 bln for 2018
EconomyMacroeconomy(Belgium) in the capital increase of the Greek consortium SENFLUGA Energy Infrastructure Holdings..., which was driven by a rise of 560 million in residents’ holdings of foreign bonds and T-bills. Holdings of foreign equities fell by 145 million. A decrease in residents’ external liabilities is mainly
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Alpha and NBG complete sales of hotels
EconomyBankingthat it concluded a definitive agreement with Home Holdings for the sale of its majority stake (97.3 percent) in the Athens Hilton hotel. Home Holdings was declared preferred bidder for the acquisition of the Hilton on August 5. Home Holdings is owned by Tourism Enterprises of Messinia SA (controlled
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Current account surplus at 1.21 bln in September on services balance growth
EconomyMacroeconomynotable transactions during the period were the acquisition of the Dutch company Stone Works Holdings... in the holdings of foreign bonds and T-Bills. At the same time, a net increase in liabilities was also noted due to a 1.8 billion euros rise in non-residents' holdings of Greek government bonds
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November current account deficit at 1.41 bln as import value outstrips exports
EconomyMacroeconomycapital of Hellenic Healthcare Holdings SA, which in turn acquired the Diagnostic and Therapeutic... which was driven by a rise of 1.1 billion euros in holdings of foreign bonds and T-bills. A net...-residents' holdings of Greek government bonds and T-bills. During the aggregate period, residents
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Complex privatisation fund faces tall order to reduce Greek debt
EconomyCompany of Public Holdings (CPH). HFSF was founded in July 2010 to maintain the financial stability... and the market value of its holdings currently stands at 2.2 billion. HRADF was also established in July... euros, of which 2.2 billion relate to HFSF holdings in Greek banks, 940 million to HRADF holdings
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