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  1. Eurobank net profits at 56.3 mln in Q3 from continued operations
    Image via www.eurobank.gr

    EconomyBanking

    . Binding offers have been received for Project Cairo (6.8 billion euros) and the sale of a majority... net loans in 9M, management said. Balance Sheet Eurosystem funding was unchanged QoQ at 1.3 billion euros in September 2019. Emergency Liquidity Assistance (ELA) funding has been fully eliminated

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  2. HRADF's updated plan for 19 privatisation projects published
    Photo via Flickr https://flic.kr/p/9SDyrr

    Economy

    the submission of binding offers is scheduled for the third quarter (Q3) of 2016. The next steps involve.... For the former, one expression of interest was submitted in mid-April and the submission of binding... been short-listed and the binding bids are also expected until the end of May. HRADF holds a 30

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  3. Chinese State Grid makes highest bid of 320 mln for 24 pct stake in ADMIE

    Economy

    Corporation submitted the highest binding offer of 320 million euros for the acquisition of a 24 percent stake... to participate in the second phase of the tender process, which included the submission of binding offers. The deadline for the submission of binding bids, which was initially set on October 12, after

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  4. PPC lignite unit bids fall flat in blow to privatisations
    Photo by David Gibson via Flickr https://flic.kr/p/oATenb

    EconomyFeatures

    . PPC received one binding offer for the Melitis unit in Florina from Mytilineos which was reportedly... in a binding offer for either unit after deciding that the structure of the deal and the share... Terna consortium have indicated that they would submit a binding offer based on an alternative version

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  5. Talks to begin on plan to rescue PPC from dire financial straits

    Economy

    be “crazy enough” to buy it. The DG Comp team arrives as the deadline looms for binding offers... in February collapsed. During the initial process, PPC received one binding offer for the Melitis unit... of the two lignite units if no binding offers are received by the renewed deadline. The discussions

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  6. Shortcomings in healthcare seen at forefront of austerity impact in Greece
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Society

    of Hygiene and Tropical Medicine. Published in The Lancet, the study’s findings paint a grim picture..., a third of the street work programmes were cut because of scarcity of funding, despite a documented... of child psychiatric services have been abandoned; and state funding for mental health decreased by 20

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  7. Newsletter 97 - 25/11/2016

    Newsletters

    and funding. The rating agency estimates that banks’ non-performing exposure (NPE) ratio will decline to 40... funding costs, while impairment losses dropped by 12 percent QoQ to 182 million. The second round.... The findings mean that just 16 percent of Greeks view the EU in a positive light, well below the Union

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  8. Greek banks’ reliance on Eurosystem fell by 2.36 bln in October

    Economy

    Greek banks’ Eurosystem funding, the combined liquidity they have received from the European... statement. Monthly movement reflects a drop in ELA funding by 1.0 billion euros at 7.95 billion and in ECB funding by 1.35 billion at 62.47 billion. The outstanding balance stood at 70.43 billion euros

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  9. Greek banks set for early ELA return in apparent precautionary move
    Bank of Greece

    Economy

    requests for ELA funding at some point in February, particularly because collateral of 21 billion euros would no longer be eligible for ECB funding from March 1. However, it appears that liquidity... bank bonds would not qualify for ECB funding eligibility as of March 1, 2015. This date coincides

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  10. World Bank sets out savings Greece can make from streamlining welfare benefits
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    welfare review (SWR) in line with the World Bank findings. Other funding sources include permanent...The funding of the guaranteed minimum income (GMI) emerged as one of the most contentious issues... of 350-400 million euros for the GMI funding. Government sources argue it is lower and could be also

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