Category: FINANCE

Material costs in construction down
FINANCE
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FINANCE
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Material costs in construction down

Panos - Dec 23, 2015

The Material Costs Index in Construction of New Residential Buildings in November 2015 recorded a 2.5 percent decrease in comparison…

Athens Stock Exchange opening: Small decline
FINANCE
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FINANCE
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Athens Stock Exchange opening: Small decline

Panos - Dec 23, 2015

Equity prices were dropping on Wednesday on the Athens Stock Exchange (ASE), with the basic share price index down 0.36…

COSCO the only bidder to submit an offer in Piraeus Port Authority tender
FINANCE
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FINANCE
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COSCO the only bidder to submit an offer in Piraeus Port Authority tender

makis - Dec 22, 2015

According to confirmed information made available to the electronic edition of To Vima, Chinese firm COSCO is the only company…

ESM approves release of 1-bln-euro loan tranche to Greece
FINANCE
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FINANCE
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ESM approves release of 1-bln-euro loan tranche to Greece

makis - Dec 22, 2015

The European Stability Mechanism (ESM) announced in a tweet on Tuesday that its board of directors authorized the disbursement of…

Athens Stock Exchange opening: Rise
FINANCE
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FINANCE
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Athens Stock Exchange opening: Rise

Panos - Dec 22, 2015

Equity prices were rising on Tuesday on the Athens Stock Exchange (ASE), with the basic share price index up 0.19…

Qatar’s QNB acquires National Bank of Greece’s stake in Finansbank
FINANCE
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FINANCE
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Qatar’s QNB acquires National Bank of Greece’s stake in Finansbank

Panos - Dec 22, 2015

Qatar National Bank SAQ , the Gulf Arab region’s largest bank, reached an agreement with National Bank of Greece to…

Russia confirms food embargo on Ukraine
FINANCE
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FINANCE
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Russia confirms food embargo on Ukraine

Panos - Dec 22, 2015

Russia says a ban on Western food products will also apply to Ukraine from the start of next year when…

Creditors to request supplementary budget with €3bn worth of measures
FINANCE
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FINANCE
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Creditors to request supplementary budget with €3bn worth of measures

makis - Dec 21, 2015

Greece’s creditors have located a shortfall between 2 to 3 billion euros (about 1.5% of GDP) in the 2016 budget…

Decision on disbursement of remaining 1 bln euro sub-tranche expected before Christmas
FINANCE
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FINANCE
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Decision on disbursement of remaining 1 bln euro sub-tranche expected before Christmas

Panos - Dec 21, 2015

The board of the European Stability Mechanism is expected to convene to decide on the disbursement of the 1 billion…

Turnover index in industry falls 18.9 percent in Oct
FINANCE
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FINANCE
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Turnover index in industry falls 18.9 percent in Oct

Panos - Dec 21, 2015

The Turnover Index in Industry (both domestic and non-domestic market) in October 2015 compared with October 2014 recorded a decline…

Greek current account balance shows surplus in Jan-Oct
FINANCE
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FINANCE
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Greek current account balance shows surplus in Jan-Oct

Panos - Dec 21, 2015

Ιn October 2015, the current account showed a surplus of 314 million euros, against a deficit of 456 million euros in…

Athens Stock Exchange opening: Small rise
FINANCE
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FINANCE
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Athens Stock Exchange opening: Small rise

Panos - Dec 21, 2015

Equity prices were rising on Monday on the Athens Stock Exchange (ASE), with the basic share price index up 0.10…

Europe’s year from hell may presage worse to come
FINANCE
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FINANCE
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Europe’s year from hell may presage worse to come

Panos - Dec 21, 2015

By any measure, it has been a year from hell for the European Union. And if Britons vote to leave…

Greece’s NBG takes over deposits of Peloponnese coop bank
FINANCE
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FINANCE
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Greece’s NBG takes over deposits of Peloponnese coop bank

ilias1 - Dec 19, 2015

Dec 18 Greece's largest lender National Bank (NBG) will take over the deposits of Peloponnese Cooperative Bank which will be…

Athens to get electronic ticket in all public transport in 2016
FINANCE
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FINANCE
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Athens to get electronic ticket in all public transport in 2016

ilias1 - Dec 19, 2015

The board of the Athens’ Public Transport Organization (OASA) approved unanimously on Friday the completion of the first phase of…

Decision signed green-lighting seizure of debtors’ deposits
FINANCE
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FINANCE
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Decision signed green-lighting seizure of debtors’ deposits

makis - Dec 18, 2015

Alternate Finance Minister Tryfon Alexiadis on Friday signed a decision paving the way for the ministry to seize assets from…

Economy Minister: The parallel programme will proceed as soon as some matters are clarified
FINANCE
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FINANCE
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Economy Minister: The parallel programme will proceed as soon as some matters are clarified

Panos - Dec 18, 2015

"It goes without saying that the lenders are aware of issues regarding the financial cost" stated on Friday Economy Minister…

Athens Stock Exchange opening: Marginal rise
FINANCE
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FINANCE
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Athens Stock Exchange opening: Marginal rise

Panos - Dec 18, 2015

Equity prices were rising on Friday on the Athens Stock Exchange (ASE), with the basic share price index marginally down…

ECB considers accepting Greek bonds once again in early 2016
FINANCE
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FINANCE
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ECB considers accepting Greek bonds once again in early 2016

ilias1 - Dec 17, 2015

The European Central Bank is examining the possibility of accepting Greek bonds once again as collateral for the liquidity it…

ELA for Greek banks reduced by a further 2.1 billion euros
FINANCE
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FINANCE
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ELA for Greek banks reduced by a further 2.1 billion euros

ilias1 - Dec 17, 2015

The Bank of Greece has announced that the Governing Council of the European Central Bank reduced the ceiling of the…