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Privatisation plan inches along as groups express interest in DESFA
EconomyProgrammescheduled for 2018. Of some concern when it comes to privatisations is the fact that many of the terms... stages to go through before the investors can make a binding offer. Privatisations have been one
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Opposition keeps spotlight on arms deal as coalition looks for way out
PoliticsGreek Politicsare not valid in legal terms,” said New Democracy MP Makis Voridis, who argued that there were... Arabia due to its role in Yemen. On Thursday, in a non-binding vote, the European Parliament adopted
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Piraeus enters agreement for sale of 2.2 bln loan portfolio
EconomyBankingportfolios of distressed loans since its launch, valued at around 5.8 billion in nominal terms...Piraeus Bank took another step towards reducing its pile of bad loans when it announced on Monday that it had entered into a binding agreement with APS Investments S.a.r.l. (APS) for the sale
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Final budget for 2019 excludes pension cuts, includes 910 mln in expansionary measures
EconomyMacroeconomy, the Finance Ministry sees the debt dropping in nominal terms to 323.5 billion euros. When combined with GDP... that have had binding offers while 1.18 billion is envisaged from new projects and bidding rounds
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Athens moves quickly to scrap pension cuts as Eurogroup inches forward on euro reform
EconomyProgrammethere was agreement was enhancing the role of the ESM, both in terms of the “precautionary instruments” at its... and private investors. This involvement would take place on a voluntary, informal, non-binding, temporary
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Newsletter 189 -11/01/2018
in absolute terms, coming to 4.59 billion euros in November, or a rise of 12.5 percent YoY. Exports stood... consortium, allegedly the two contenders, submitted non-binding bids which are being evaluated
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Eurobank’s NPL sales take major step with two transactions
EconomyBanking-named Project Pillar by Eurobank. In an announcement on their website, Eurobank outlined the terms...Eurobank announced on Thursday that it had entered into a binding agreement with PIMCO’s Celidoria SARL for the sale of 95 percent of mezzanine and junior notes in a portfolio of non-performing
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Airport privatisation set for take-off as more sales head for runway
EconomyFeatureslower shares considered by the SYRIZA government. Specific terms for the 35 percent stake held... would be considered before moving to the second stage, which involves the consideration of binding
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Eurobank first to tackle NPL reduction via APS
EconomyBankingby the bank’s Board due to the pricing and timing of payments. The terms of the transaction are pending... and the Cairo securitisation mezzanine note following Eurobank’s call for binding offers from
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ND under attack from all sides over handling of football wrangle
PoliticsGreek Politicsby Marinakis turn against ND, Mitsotakis will lose an influential ally in terms of communication..., Xanthi. It issued a non-binding opinion, which would have to be rubber stamped by judicial
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