Category: FINANCE

Greece, Total, ExxonMobil & HELPE sign contracts for hydrocarbons surveys off the shores of Crete
FINANCE
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Greece, Total, ExxonMobil & HELPE sign contracts for hydrocarbons surveys off the shores of Crete

Panos - Jun 28, 2019

At a special event attended by Prime Minister Alexis Tsipras, the contracts for the granting of the right to explore…

Tianjin Tianjin Port delegation in Piraeus, meets with chamber officialsdelegation in Piraeus, meets with chamber officials
FINANCE
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FINANCE
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Tianjin Tianjin Port delegation in Piraeus, meets with chamber officialsdelegation in Piraeus, meets with chamber officials

Panos - Jun 27, 2019

A Chinese business delegation, led by the vice-president of the Tianjin Port company, Li Quaniyong, met on Tuesday with the…

UBS report on Greek econ prospects mostly positive; points to 2020 of new president as key date
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FINANCE
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UBS report on Greek econ prospects mostly positive; points to 2020 of new president as key date

Panos - Jun 26, 2019

A UBS report on Monday, two weeks before a snap general election in Greece, points to next year's selection for…

Huge migrant influx scares off Greek island tourists
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FINANCE
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Huge migrant influx scares off Greek island tourists

Panos - Jun 24, 2019

Tourists are avoiding the Greek island of Samos due to the shocking situation at the Vathy migrant camp, which has…

Τest results show 97% of Greek waters fit for swimming in 2018
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FINANCE
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Τest results show 97% of Greek waters fit for swimming in 2018

Panos - Jun 24, 2019

A whopping 97 percent of coastal waters in Greece in 2018 were considered as excellent for swimming, based on specifications…

Third of Greece ‘could turn into a desert’ as climate change blasts Europe
FINANCE
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FINANCE
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Third of Greece ‘could turn into a desert’ as climate change blasts Europe

Panos - Jun 21, 2019

Areas around the Mediterranean including Greece could turn into dry, sand-blasted deserts as rain dries up due to climate change,…

Eurostat Reports Greek Cheese, Eggs and Milk Second Most Expensive in the EU
FINANCE
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FINANCE
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Eurostat Reports Greek Cheese, Eggs and Milk Second Most Expensive in the EU

Panos - Jun 21, 2019

Eurostat released on Thursday its final ”Consumer Price Levels” report for the year 2018, showing that Greeks paid on average…

Battle of the bonds: Greeks gaining the upper hand against Rome
FINANCE
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FINANCE
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Battle of the bonds: Greeks gaining the upper hand against Rome

Panos - Jun 21, 2019

Down and out less than a decade ago, Greece is this year’s top performing euro zone bond market, enjoying inflows…

Strong demand for Piraeus Bank bond issue
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FINANCE
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Strong demand for Piraeus Bank bond issue

Panos - Jun 20, 2019

A Tier II bond issue of Piraeus Bank shares attracted strong interest by investors on Wednesday, with the yield falling…

HSBC, Citibank: Prospect of ND victory, majority govt a boon for ATHEX, bank shares
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FINANCE
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HSBC, Citibank: Prospect of ND victory, majority govt a boon for ATHEX, bank shares

Panos - Jun 20, 2019

International ratings firms appear exuberant over the projected impact of a July 7 general election in Greece, with pro-reform and…

BoG: Progress in reducing NPLs, mixed picture in other indexes affecting Greek banks
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FINANCE
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BoG: Progress in reducing NPLs, mixed picture in other indexes affecting Greek banks

Panos - Jun 19, 2019

A Bank of Greece (BoG) review for the country's banking sector in 2018 notes that it remains in a "recovery…

Cost for the new railway line Thessaloniki-Kavala-Xanthi at 1.25bn euros
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FINANCE
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Cost for the new railway line Thessaloniki-Kavala-Xanthi at 1.25bn euros

Panos - Jun 18, 2019

One of the major infrastructure projects of the future in the country will be the new, single-track railway line Thessaloniki-Kavala-Xanthi.…

Bloomberg: EU may freeze customs union talks with Turkey over illegal drilling activities in Cyprus’ EEZ
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FINANCE
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Bloomberg: EU may freeze customs union talks with Turkey over illegal drilling activities in Cyprus’ EEZ

Panos - Jun 18, 2019

The European Union is set to threaten Turkey with retaliation over its drilling activities in the Eastern Mediterranean, adding to…

Regling: Tsipras govt in clear-cut violation of procedures; risk of fiscal target not being met
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FINANCE
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Regling: Tsipras govt in clear-cut violation of procedures; risk of fiscal target not being met

Panos - Jun 14, 2019

Fulfilling terms it had agreed to with European creditors in 2018 is an absolutely necessary condition for further debt relief…

IMF’s Rice: Up to Euro partners to take next step for premature payment of Fund loan by Greece
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IMF’s Rice: Up to Euro partners to take next step for premature payment of Fund loan by Greece

Panos - Jun 14, 2019

An IMF spokesman on Wednesday clarified that European partners must take the next step if Greece insists on paying off…

Bank of Greece: “Alarm bells” for this year’s surplus
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Bank of Greece: “Alarm bells” for this year’s surplus

Panos - Jun 13, 2019

The Governor of the Bank of Greece, Yiannis Stournaras characterized the target for a primary surplus of 3.5% for this…

DryShips announces full acquisition Heidmar tanker pool operator
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DryShips announces full acquisition Heidmar tanker pool operator

Panos - Jun 11, 2019

DryShips on Monday announced the acquisition Heidmar Inc., a global tanker pool operator, acquiring 100-percent of the latter's shares. Prior…

Greece is the worst place to open and run a business in the world
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FINANCE
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Greece is the worst place to open and run a business in the world

Panos - Jun 10, 2019

Greece is the most difficult country to set up a and run a business, according to the 2019 Global Business…

Bilderberg Group: “No compromise” on S-400 deal
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FINANCE
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Bilderberg Group: “No compromise” on S-400 deal

Panos - Jun 10, 2019

As North American and European leaders gathered in Montreux, Switzerland, to discuss crucial matters of state at the 67th Bilderberg…

Greek manufacturing continues its upward trend in May
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FINANCE
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Greek manufacturing continues its upward trend in May

Panos - Jun 06, 2019

The health of the Greek manufacturing sector continued to improve in May, according to the latest PMI survey data. The…