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  1. Banks tout ambitious NPE plans to return to European mainstream
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyBanking

    Greece’s banks have started what was set to be a difficult year for them by winning plaudits for their progress towards meeting tough goals for reducing the stock of non-performing exposures. Last... last year, at the expense of lower interest income arising from these holdings in the years to come

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  2. Newsletter 436 - 11/10/2024

    Newsletters

    a year after causing an upset by winning the mayorship. Doukas was the third most popular of the PASOK... offshore holdings unveiled with great fanfare by the then president came to dominate the political debate

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  3. PM reacts to Trump win as Kasselakis manipulation claims put SYRIZA on knife edge
    Image: https://www.flickr.com/photos/greecemfa

    PoliticsGreek Politics

    the impression that he is winning. Polakis, who had been one of Kasselakis’s biggest backers... on the candidate and could not be sure that Kasselakis had properly divested from his offshore holdings

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  4. The refugee crisis and the beast within
    Photo via Human Rights Watch https://www.hrw.org/

    Agora

    As 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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  5. Market value of HFSF's bank holdings plummets by 11 bln in 2014
    Photo by MacroPolis

    EconomyBanking

    The 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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  6. HFSF records losses of 1.2 bln in 9-month amid revaluation losses from bank holdings

    EconomyBanking

    The 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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  7. The targets and deadlines in Greece's privatisation programme

    EconomyProgramme

    will be updated on a semi-annual basis. b) Announce binding bid dates for Piraeus (OLP) and Thessaloniki (OLTH... steps for the sale of regional airports at the current terms with the already selected winning... and share purchase agreements by October, while binding offers are expected in November and parliament

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  8. EC report analyses state of play with privatisations as HELPE hits obstacle
    Photo via Flickr https://flic.kr/p/faksxt

    EconomyFeatures

    day that the EC released its document, it emerged that no binding offers had been received... with Algeria’s Sonatrach after they were shortlisted for the tender. However, in the event, no binding bids... in the international environment that affect the consortia, there were no binding offers submitted

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  9. Newsletter 81 - 08/07/2016

    Newsletters

    Stato Italiane, submitted a binding offer for the sale of a 100-percent stake in rail operator TRAINOSE, while there were no binding offers Italy's Ferrovie was the only company to submit a binding offer... for the winning party but retaining the 3 percent threshold for entering Parliament – would apply

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  10. Greece's antitrust damages initiative comes into force
    Photo by Panayotis Tzamaros/Fosphotos

    Legal

    . It is also noted that decisions of the Greek and EU Competition Authorities finding an infringement... of the competent Greek and EU review courts, are binding before a Greek court trying an action for damages. Final decisions issued in other member states finding an infringement of EU competition law

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