Category: FINANCE

FINANCE
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Athens Stock Exchange opening: Nosedive

Panos - Jan 20, 2016

Equity prices were dropping on Wednesday on the Athens Stock Exchange (ASE), with the basic share price index down 5.03…

FINANCE
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More than 480 hotels in Greece go up for sale

makis - Jan 19, 2016

New research has revealed that more than 480 hotels in Crete, Macedonia, Chania and other places in Greece have been…

FINANCE
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Greek industrial turnover index down 10.1 pct in Nov

Panos - Jan 19, 2016

Greece's industrial turnover composite index (measuring both the domestic and external markets) dropped 10.1 pct in November 2015, compared with…

FINANCE
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Greek mergers and acquisitions down 39 pct in 2015, PwC report

Panos - Jan 19, 2016

A total of 29 mergers and acquisition agreements, worth 1.4 billion euros, were signed in Greece in 2015, 39 pct…

FINANCE
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Skourletis: The government is in favour of investments, but on conditions

Panos - Jan 19, 2016

The government is in favour of investments, but with terms and conditions, Environment and Energy Minister Panos Skourletis said in…

FINANCE
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Athens Stock Exchange opening: Recovery

Panos - Jan 19, 2016

Equity prices were recovering on Tuesday on the Athens Stock Exchange (ASE), with the basic share price index up 2.07…

FINANCE
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SYRIZA’s political secretariat to convene on Tuesday

Panos - Jan 19, 2016

SYRIZA's political secretariat will convene on Tuesday, at 18:00, at party offices. Labour Minister George Katrougalos will attend the meeting.

FINANCE
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President Pavlopoulos to meet ECB’s Draghi on Tuesday

Panos - Jan 19, 2016

President of Republic Prokopis Pavlopoulos on Tuesday will meet with ECB president Mario Draghi at the ECB headquarters in Frankfurt.…

FINANCE
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Construction of Tsakona Bridge to conclude in ten days

makis - Jan 18, 2016

The new impressive bridge at Tsakona is expected to be prepared and ready of use within the next ten days,…

FINANCE
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Reduced objective real estate values to be announced

makis - Jan 18, 2016

The Ministry of Finances has revised the objective value for real estate and carried out reductions ranging from 5% to…

FINANCE
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IMF must clarify its position on pension reforms, Greek FinMin

makis - Jan 18, 2016

The International Monetary Fund (IMF) must finally make clear its position on the proposed Greek pension reforms and understand that…

FINANCE
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Institutions’ technical teams start to arrive in Athens

Panos - Jan 18, 2016

The technical teams of the institutions have started to gradually arrive in Athens while the date of the arrival of…

FINANCE
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Piraeus Bank hires Egon Zehnder as advisor in search of new CEO

Panos - Jan 18, 2016

Piraeus Bank on Monday said it has hired Egon Zehnder as an advisor for the selection of a new chief…

FINANCE
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Athens Stock Exchange opening: Drop

Panos - Jan 18, 2016

Equity prices were dropping on Monday on the Athens Stock Exchange (ASE), with the basic share price index down 1.06…

FINANCE
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Capital controls: Weekly cash withdrawal limit set to increase

ilias1 - Jan 17, 2016

The capital controls in Greece are gradually being lifted, with a report in the Friday edition of the Avgi newspaper…

FINANCE
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Cosco expected to submit improved offer for Piraeus Port by Wednesday

ilias1 - Jan 16, 2016

Cosco Group Limited is expected to submit a new improved offer for the purchase of 67 pct of Piraeus Port…

FINANCE
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Piraeus Bank confirms resignation of CEO Thomopoulos

ilias1 - Jan 16, 2016

The chief executive of Piraeus Bank, Anthimos Thomopoulos submitted his resignation on Friday,the bank confirmed in an announcement. It also…

FINANCE
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Building activity volume down 38.2 pct in Oct

Panos - Jan 15, 2016

The volume of private building activity dropped sharply by 38.2 pct in October 2015, for a 6.4 pct decline in…

FINANCE
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Stathakis: Hellenic Sugar Industry needs refinance deal

Panos - Jan 15, 2016

Hellenic Sugar Industry needs a new refinance deal to remain alive and there are only two ways to achieve this.…

FINANCE
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Greek merchant shipping fleet down in Nov

Panos - Jan 15, 2016

Greek merchant shipping fleet fell by 1.3 pct in volume to 1,834 ships in November 2015, compared with the same…