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  1. New obstacle for privatisations as court blocks sale of water firm

    Economy

    of State ruled on May 25 against the privatisation of Athens Water Supply and Sewerage (EYDAP... was completed on May 11, 2012. The Council of State’s decision followed a petition filed by Athenians... Paulson, who became the second single largest shareholder. Based on the EYDAP share price on May 23

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  2. In the absence of light, darkness grows
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Agora

    vote – or at least the version it wants to make public – is nonsense. This interpretation may be understandable as part of an effort to put a positive spin on the outcome of the May 25 ballot... of the recent elections. From May 26 it was business as usual: New Democracy, PASOK and SYRIZA all

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  3. Greece shelves water privatisation plans, leaving gap in revenue targets

    Economy

    in Athens. The Council of State blocked on May 25 the privatisation of the Athens Water Supply and Sewerage... with the first round of local election on May 18. In the ballot, 98 percent of those who voted opposed... in February 2013, while HRADF approved at the end of May two of the four investment groups

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  4. Newsletter 14 - 06/02/2015

    Newsletters

    Time for make or break Eurogroup may decide fate of government's alternative proposals After... Greece through to the end of May, while the other is to thrash out a more comprehensive deal while... it to an agreement on the broader package at the end of May. However, Greece has reached the 15-billion-euro limit

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  5. S&P downgrades Greece, sees economy shrinking by 1.5 pct in 2015

    Economy

    that the government may exert moral suasion for an increase in T-Bill holding of banks’ insurance... and pensions in cash (rather than non-negotiable IOUs) despite weakening public revenues. Mid-May watershed In S&P's view, if the stalemate between Greece and official lenders is not resolved before mid-May

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  6. Eurosystem funding for Greek banks up by 5.6 bln in Apr, reaches 112.8 bln

    EconomyMacroeconomy

    so far in May, by 2 billion on May 6 and by 1.1 billion on May 12 taking it to 80 billion. Bank... in the first two weeks of May. The increase in the ELA funding in April and so far in May most likely... is due to release the April deposit figures on May 29. ECB funding marginally eased by 0.2 billion

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  7. Newsletter 36 - 24/07/2015

    Newsletters

    , the resolution authorities in Greece may apply four resolution tools – in line with the BRRD... after the last vote, speculation is mounting that Prime Minister Alexis Tsipras may seek a fresh... and that Greeks may not avoid a new visit to the polling booth in the next few months. The current

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  8. Newsletter 38 - 07/08/2015

    Newsletters

    for talks For deal by Aug 20, Parliament must vote on Thursday Developments over the weekend may decide...% Greece’s seasonally adjusted unemployment rate fell to 25 percent in May, which is the lowest... percent month-on-month (MoM) in May, while the number of jobless fell by 1.3 percent MoM. May’s

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  9. Newsletter 40 - 28/08/2015

    Newsletters

    Syriza's lead over New Democracy has narrowed and that its coalition partner ANEL may not make... for a victory of any party in Greece on 20 September may be a more reliable way of political forecasting... as to other larger or smaller memorandum parties in Greece. But within this puzzle may also lie

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  10. Greek stocks climb 3.8 pct during week amid increasing optimism on swift agreement

    Economy

    and EBITDA fell 4.6 percent to 305.4 million. Hellenic Petroleum releases its Q1 results on May 11 and Titan on May 12, while Coca Cola Hellenic has scheduled a Q1 trading update on May 13. Aegean Airlines trades ex-dividend of 0.70 euros per share on May 12 and Metka of 0.12 euros on May 13. Aegean

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