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Parties at odds over private universities as ND faces nepotism accusations
PoliticsGreek Politicsalready stated that he is against introducing private universities, but open to private funding... opposition parties claimed were a waste of public funds. PASOK warned that winding up the company
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The targets and deadlines in Greece's privatisation programme
EconomyProgrammewill be updated on a semi-annual basis. b) Announce binding bid dates for Piraeus (OLP) and Thessaloniki (OLTH... and share purchase agreements by October, while binding offers are expected in November and parliament... in the second phase with eight investors preselected. The indicative timeline suggests binding bids
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How Greek banks moved into a new era
Agorawas estimated at 5.8 billion under the binding baseline scenario and at 8.8 billion under..., allowing it to potentially be used to reduce public debt or cover the government’s funding needs. Diversifying funding sources The second important development this year was the issue of senior
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Newsletter 118 - 12/05/2017
, Tzanakopoulos described the court as issuing a “non-binding opinion” rather than a “ruling”. He also said... funding drops for 22nd straight month Greek banks’ funding down 67.43 billion from peak of 126.57 billion Greek banks’ Eurosystem funding continued to drop for the 22nd successive month in April, albeit
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NBG net profits decline to 8 mln in Q3, NPLs continue to fall
EconomyBanking-binding bids must be received by December 10, and binding bids by the end of February. The bank hopes... return to profitability. Eurosystem funding Eurosystem funding in Q3 stands at just 2.3 billion... ) funding. NBG remains the only core Greek bank that is off ELA while retaining a liquidity buffer
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HRADF development plan lays out list of actions pending for privatisations
EconomyFeaturesfor the submission of binding offers for the 35-year concession is 21 February 2020. This date... to the project. The original binding offer deadline was in February 2019 before it was extended... teams in October 2018 and March 2019. Based on their findings, subconcessions of commercial operations
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December current account deficit at 1.51 bln and 5.28 bln for 2018
EconomyMacroeconomy(Belgium) in the capital increase of the Greek consortium SENFLUGA Energy Infrastructure Holdings..., which was driven by a rise of 560 million in residents’ holdings of foreign bonds and T-bills. Holdings of foreign equities fell by 145 million. A decrease in residents’ external liabilities is mainly
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Newsletter 81 - 08/07/2016
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...) with ECB funding. The rating agency also reiterated that expects Greek GDP to contract 0.9 percent
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Eurobank net profits at 19.7 mln in Q1, merger with Grivalia Properties complete
EconomyBankingof denounced NPEs in the remaining portfolio to roughly 30 percent. Binding offers have been received...-binding offers have been received for the Cairo portfolio, management noted. P&L NII fell by 2.9... loss provisions fell by 1.5 percent. Balance Sheet Eurosystem funding declined by 700 million euros
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Alpha Bank posts net profits of 98 mln in Q2
EconomyBankingnon-binding offers for the Galaxy securitisation. Binding offers are expected to be submitted... affected by the repricing of time deposits, improved funding mix and cost, as well as higher... at 12.7 million in Q2 2020. Balance Sheet At the end of June 2020, Eurosystem funding increased
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