Category: FINANCE

MoU between SE Europe natgas system operators, including DES.FA, for prospective vertical corridor
FINANCE
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FINANCE
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MoU between SE Europe natgas system operators, including DES.FA, for prospective vertical corridor

Panos - Jul 25, 2017

A MoU was signed in Bucharest last week between Greece’s natural gas transmission system operator (DES.FA) with its Bulgarian, Romanian…

Commissioner Moscovici to meet Greek officials in Athens
FINANCE
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FINANCE
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Commissioner Moscovici to meet Greek officials in Athens

Panos - Jul 25, 2017

European Commissioner for Economic and Financial Affairs, Taxation and Customs Pierre Moscovici is scheduled to hold a series of meting…

Pierre Moscovici: A light at the end of tunnel for Greece
FINANCE
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FINANCE
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Pierre Moscovici: A light at the end of tunnel for Greece

makis - Jul 24, 2017

European Commissioner for Economic and Financial Affairs, Taxation and Customs Pierre Moscovici estimated Greece was finally seeing a light at…

Book for offers open to investors
FINANCE
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FINANCE
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Book for offers open to investors

makis - Jul 24, 2017

Greece will return to bond markets, according to reports on Monday. The offers book is open for investors Monday and…

Greece on brink of return to sustainable growth, economists believe
FINANCE
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FINANCE
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Greece on brink of return to sustainable growth, economists believe

Panos - Jul 24, 2017

Greece could be close to returning to sustainable economic growth at last after almost a decade of devastating recessions and…

Greeks Import 66% of the Fish They Consume
FINANCE
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FINANCE
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Greeks Import 66% of the Fish They Consume

Panos - Jul 24, 2017

An impressive 66% of the fish consumed in Greece are imported, a WWF study says, the figure coming as a…

The full IMF programme for Greece
FINANCE
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FINANCE
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The full IMF programme for Greece

makis - Jul 21, 2017

The IMF published its new programme on Greece on Thursday, which was approved on principle by the organisation’s board of…

Inaugural sale of Greek bank’s NPL portfolio set for August
FINANCE
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FINANCE
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Inaugural sale of Greek bank’s NPL portfolio set for August

Panos - Jul 21, 2017

The inaugural sale of a portfolio of "bad debt" held by Greece's systemic banks is expected in early August, with…

IMF spox on Greece program, debt ceiling issue
FINANCE
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FINANCE
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IMF spox on Greece program, debt ceiling issue

Panos - Jul 21, 2017

An IMF spokesman on Thursday referred directly to a debt ceiling that the Fund calculates for still bailout-dependent Greece, in…

Draghi: It’s up to Athens to decide when to return to markets; confidence restored with full implementation of program
FINANCE
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FINANCE
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Draghi: It’s up to Athens to decide when to return to markets; confidence restored with full implementation of program

Panos - Jul 21, 2017

European Central Bank (ECB) President Mario Draghi told reporters in Frankfurt on Thursday that it's up to the Greek government…

ELA ceiling for Greek banks again lowered; BoG points to improved liquidity
FINANCE
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FINANCE
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ELA ceiling for Greek banks again lowered; BoG points to improved liquidity

Panos - Jul 21, 2017

The European Central Bank's (ECB) governing council on Thursday lowered an emergency funding cap - the Emergency Liquidation Assistance (ELA)…

Property value plummets by 34% in Greece
FINANCE
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FINANCE
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Property value plummets by 34% in Greece

Panos - Jul 20, 2017

The median value of houses in Greece has recorded a significant fall of 34% between 2009 and 2014, from €106,340…

Govt sends list of lignite-fired power units up for sale
FINANCE
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FINANCE
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Govt sends list of lignite-fired power units up for sale

Panos - Jul 20, 2017

Greece's environment and energy ministry has reportedly submitted a list to the EU Commission's competition directorate (DG Comp.) of Public…

The IMF demands to participate in the Greek programme
FINANCE
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FINANCE
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The IMF demands to participate in the Greek programme

Panos - Jul 20, 2017

General Director of the International Monetary Fund (IMF) Christine Lagarde returned to Washington yesterday to take part in today’s crucial…

Goldman Sachs sees immediate Greek inclusion in QE program as unlikely; refers to 4th support program
FINANCE
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FINANCE
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Goldman Sachs sees immediate Greek inclusion in QE program as unlikely; refers to 4th support program

Panos - Jul 20, 2017

Goldman Sachs on Wednesday forecast that still bailout-dependent Greece is unlikely to be re-included in the ECB’s QE asset purchasing…

Greece Postpones Exit to Markets Until IMF Meeting
FINANCE
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FINANCE
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Greece Postpones Exit to Markets Until IMF Meeting

Panos - Jul 19, 2017

The Greek government decided to postpone testing the waters in the international money markets that was initially planned for Monday…

Modiano market sale completed by Greek privatization fund
FINANCE
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FINANCE
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Modiano market sale completed by Greek privatization fund

Panos - Jul 19, 2017

Greece's privatization fund (HRADF) on Tuesday afternoon announced that the sale of the landmark Modiano enclosed market in the northern…

Greeks to pay at least €65ml on new taxes on PC and digital devices
FINANCE
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FINANCE
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Greeks to pay at least €65ml on new taxes on PC and digital devices

Panos - Jul 19, 2017

Greek consumers will be called to pay at least €65 million annually, due to the new 2-6% surcharge on computers,…

Taxpayers settling tax debts at banks to be charged extra commission
FINANCE
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FINANCE
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Taxpayers settling tax debts at banks to be charged extra commission

makis - Jul 18, 2017

Tax payers opting to settle their debts to the tax services over bank counters will be charged with an extra…

How EU reckons Greece can make a successful return to markets
FINANCE
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FINANCE
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How EU reckons Greece can make a successful return to markets

makis - Jul 18, 2017

Greece’s imminent return to markets will be a step towards a successful exit from its euro zone-funded bailout program, but…