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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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Value of HFSF's shareholdings in core Greek banks sinks to 18.5 bln
EconomyBanking, which is lowest holding in the core banks. National Bank From 84.38 percent to 57.24 percent... (unrealized capital gains) of 1.43 billion from bank holdings and warrants. In particular
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Tsipras upbeat about funding deal but also mulls referendum in case of impasse
PoliticsGreek PoliticsIn his first TV interview since becoming prime minister, Alexis Tsipras expressed his optimism regarding an agreement with lenders in the next couple of weeks but said that he would consider holding... in the way of Greek banks increasing their T-Bill holdings above 9 billion euros, to 15 billion euros
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Current account balance shows a surplus for third straight month, at 2.09 bln in August
EconomyMacroeconomyassets by 3.2 billion reflecting a fall in residents’ holding of foreign bonds and T-Bills by 10.4... assets, mainly attributed to a decline in residents’ holdings of foreign bonds and T-Bills by 169
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Current account surplus widens to 838 mln in Sept on shrinking goods deficit
EconomyMacroeconomybillion in residents’ holding of foreign bonds and T-Bills by 10.4 billion to a large extent offset... in September, mainly reflecting an increase in residents’ holdings of foreign bonds and T-Bills, while
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Negotiations between Greece and lenders: state of play ahead of Eurogroup meeting
EconomyProgramme, the new fund would operate as a holding company with assets stemming from four entities, namely...) holdings in core banks, the 70,000 properties of the Public Properties Company (ETAD) as well as the state
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Current account surplus falls to 1.4 bln in July
EconomyMacroeconomy, largely due to an increase of 5 billion in resident’s holdings of foreign bonds and T-Bills. Meanwhile, the corresponding liabilities fell by 2 billion reflecting a drop in non-resident’s holding
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Multiple potential benefits await Greece if it can clinch QE eligibility
EconomyFeatures. Piraeus’s holding stood at 370 million, while the other three systemic banks held GGBs of 1.7 to 1.9... of around 230 million in the last three quarters of 2016. As a result, their EFSF holdings have been
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Greece's ongoing divestment from banking sector creates new lender, stirs controversy
EconomyBankingthat Thrivest executes its own, which will see the Greek state holding drop to 35-37 pct. In this way... in public holdings. The deal for the merger between Attica Bank and Pancreta that passed
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