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Thursday, 18 February 2016

Six Greek destinations in Trivago’s top 50 worldwide

Half a dozen Greek locations have landed on Trivago’s best “winter destination” list, right up there with the best-known alpine and Rocky Mountains resorts. Based on travelers’ reviews, the well-established…

Up to 10 firms interested in NPLs management

Eight to ten companies are expected to file applications for licenses to assume the management of non-performing loans (NPLs) in the country, as soon as the process is clarified by…

Despite hikes, tax revenues in Greece slip in 2015 by 1.38%

Tax revenue in Greece, from both direct and indirect taxes, decreased by 610.5 million euros in 2015, marking a 1.38-percent drop from 2014’s figures. The only increase in revenue, up…

ECB lowers Greece ELA ceiling by 0.1 bln euros

The Bank of Greece (BoG) on Thursday announced that the board of directors of the European Central Bank lowered the Emergency Liquidity Assistance (ELA) for Greek banks by 0.1 bln…

Wednesday, 17 February 2016

Folli Follie: Share buyback

Folli Follie S.A, on February 16th, 2016 purchased 1.100 shares, with an average price of EUR 14,60 per share and a total purchase price of EUR 16.062,33 and on February…

Greece’s privatization fund approves Cosco bid for majority stake of Piraeus port  

The board of the state-run Hellenic Republic Asset Development Fund (HRADF) on Wednesday unanimously declared Hong Kong-based Cosco Group as the ‘preferred investor’ for the purchase of 67 percent of…

Greek govt cash balance records a surplus of €287 mln in Jan 2016

The Greek central government cash balance posted a surplus of 287 million euros in January 2016, rebounding from a deficit of 217 million in January 2015, the Bank of Greece…

GD deputies thrown out of Parliament com’t briefing after launching tirade against DM, military chiefs

A closed-door briefing of members of a relevant defence and foreign affairs committee in Greece’s Parliament turned ugly on Wednesday after MPs from the far-right Golden Dawn (Chryssi Avgi) party…

Electronic cross-checking for uninsured vehicles to commence; stiff fine envisioned

Electronic cross-checking of vehicles is the state’s answer to the scourge of uninsured cars in Greece, with a relevant ministerial decision expected to be published in the coming days in…

Alpha Bank results on March 3

2015 results by listed Alpha Bank (Athex: ALPHA) will be announced on March 3 after the closing of trading that day at the Athens Stock Exchange. A teleconference to brief…

Greek minister opposes sell-off of “sensitive” NPLs

The relevant Greek economy minister on Wednesday reiterated his opposition to the prospect of non-performing loans being sold off to foreign funds, saying he prefers a lengthy transitional period. Minister…

Business monitor: Positive trends in balance sheets for 753 Greek companies in 2015   

The balance sheets of 753 Greece-based companies contain positive trends, according to data published by the business monitor Icap Group for 2015. Specifically, available figures show an increase of 0.5…

Dep. Minister Panagiotis Sgouridis offers up resignation

Deputy minister Panagiotis Sgouridis on Wednesday evening offered his resignation to Greek Prime Minister Alexis Tsipras, hours after he was quoted as agreeing with the position that the current premier…

Greek foreign ministry on Ankara bombing

“We grieve along with our neighbors for the victims of the Ankara bomb blast. We categorically condemn this horrendous terrorist attack,” was the announcement of the Greek foreign ministry in…