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Posts on October 2014

Results 1 to 5 out of 11.

Photo by Harry van Versendaal The arduous road of privatisation in Greece

This week two developments at the Hellenic Republic Asset Development Fund (HRADF) made headline news. First, the Greek privatisation agency confirmed its medium-term revenue targets. The HRADF’s chief executive officer, Paschalis Bouchoris, in charge since August of this year, argued that TAIPED (as it is known by its Greek acronym) can reach the revenue target of 9.6 billion euros by the end of 2016.

Contributor: Jens Bastian

1 Comment(s)

Categories: Politics (374), Economy (316), Greece (479)

Photo by MacroPolis How Samaras backed himself and Greece into a corner over bailout exit

The line coming out of Prime Minister Antonis Samaras’s office at the end of May was that New Democracy did not lose the European Parliament elections despite receiving almost 4 percentage points less than SYRIZA. Together with PASOK, Samaras’s party had a bigger share of the vote than the opposition. The argument emanating from the government camp was that if the leftists couldn’t score a decisive victory at the tail end of the Greek depression, they would never achieve one.

Contributors: Nick Malkoutzis, Yiannis Mouzakis

1 Comment(s)

Categories: Politics (374), Economy (316), Greece (479)

Photo by MacroPolis Greek banks may soon breathe sigh of relief on capital needs

Greek banks are always at the forefront of domestic market developments. Despite the strong rebound of 6.4 percent on Friday, their shares still recorded cumulative losses of 7.8 percent last week and 23.9 percent over the past three months. Concerns about the outcome of the upcoming comprehensive assessment European Central Bank are one of the key factors weighing on investors’ minds.

Contributor: Manos Giakoumis

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Categories: Economy (316), Greece (479)

Results 1 to 5 out of 11.