Category: FINANCE

FINANCE
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Greek economy to return to positive growth rates in 2016, Piraeus Bank chairman says

Panos - Jan 12, 2016

A timely completion of the first review of the Greek programme and a dynamic implementation of a privatization programme, combined…

Eldorado Gold to cut workforce if installation license not granted by end-March
FINANCE
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FINANCE
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Eldorado Gold to cut workforce if installation license not granted by end-March

Panos - Jan 12, 2016

Eldorado Gold is cutting 600 jobs from its goldmine in Skouries in the next three months, while another 500 jobs…

FINANCE
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Capital market commission extends ban in short selling on Attica Bank shares

Panos - Jan 12, 2016

Greece's Capital Market Authority on Tuesday announced it was extending a ban in short selling on Attica Bank's shares in…

FINANCE
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Athens Stock Exchange opening: Rise

Panos - Jan 12, 2016

Equity prices were rising on Tuesday on the Athens Stock Exchange (ASE), with the basic share price index up 0.33…

FINANCE
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Labour Min Katrougalos on social security reforms

Panos - Jan 12, 2016

The redistribution of wealth, the guaranteed pensions and measures to combat tax evasion are the main pillars of the social…

Eldorado Gold suspends much of its mine construction in Greece
FINANCE
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FINANCE
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Eldorado Gold suspends much of its mine construction in Greece

Panos - Jan 12, 2016

Canadian miner Eldorado Gold Corp on Monday said it will suspend much of its mine construction and development in Greece…

Stubb: “Significant progress in reforms in Greece”
FINANCE
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FINANCE
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Stubb: “Significant progress in reforms in Greece”

makis - Jan 11, 2016

The Finnish Minister of Finances Alexander Stubb commented that there has been significant progress in relation to reforms in Greece,…

Moscovici urges Athens to continue reforms to support competition
FINANCE
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FINANCE
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Moscovici urges Athens to continue reforms to support competition

makis - Jan 11, 2016

Based on recent data from Eurostat, European Commissions for Economic and Financial Affairs, Taxation and Customs Pierre Moscovici estimated that…

FINANCE
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Winter retails sales begin, to run until Jan 29

Panos - Jan 11, 2016

The winter retail sales period in Greece began on Monday and will run until Monday, January 29. As part of…

Tourist arrivals up 8.6 pct in Jan-Sept
FINANCE
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FINANCE
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Tourist arrivals up 8.6 pct in Jan-Sept

Panos - Jan 11, 2016

Tourist arrivals grew 8.6 pct in the January-September period this year, Hellenic Statistical Authority said in a report on Monday.…

FINANCE
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Alexiadis: Taxpayers to use credit cards to pay their obligations in Taxis system

Panos - Jan 11, 2016

Taxpayers will be able to use their debit/credit cards through the Taxis system to pay for their tax obligations from…

Greece to open offers for Piraeus Port on Tuesday
FINANCE
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FINANCE
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Greece to open offers for Piraeus Port on Tuesday

Panos - Jan 11, 2016

Greek authorities on Tuesday will open financial offers submitted in a tender to buy 67 pct of Piraeus Port Organization,…

FINANCE
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Athens Stock Exchange opening: Small rise

Panos - Jan 11, 2016

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

FINANCE
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Finance Minister Tsakalotos meets with his French counterpart in Paris

Panos - Jan 11, 2016

Finance Minister Euclid Tsakalotos met with French Finance Minister Michel Sapin in Paris for an hour on Sunday, in the…

Tackling NPLs becomes even more difficult
FINANCE
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FINANCE
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Tackling NPLs becomes even more difficult

chris1 - Jan 10, 2016

The Greek government’s margin for maneuver is exceptionally limited in its negotiations with the country’s creditors regarding the fate of…

FINANCE
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Greek government has solid majority to pass pension reform

ilias1 - Jan 10, 2016

Jan 9 Greece's leftist government will be able to push through a crucial pension reform in parliament, part of measures…

FINANCE
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Polygon exploring opportunities in Greece

ilias1 - Jan 10, 2016

Polygon Global Partners’ European Equity Opportunity Fund returned 10.3 percent last year, according to two people with knowledge of the…

FINANCE
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Greece’s lenders arrive for first evaluation on 18 January

ilias1 - Jan 09, 2016

The goal he had said is to finish the evaluation by the end of February, adding that the reforms to…

FINANCE
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Pension reform brings one billion euros worth of new measures

ilias1 - Jan 09, 2016

The imminent reform in the Greek pension system will be accompanied by a series of measures that aim to save…

Cyprus sees record rise in airport traffic in 2015
FINANCE
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FINANCE
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Cyprus sees record rise in airport traffic in 2015

ilias1 - Jan 09, 2016

Despite the negative beginning to the year, 2015 ended with a remarkable return, delivering the best results to date, it…