ENGLISH EDITION

ENGLISH EDITION

How Deutsche Telekom is raising its stake in OTE to majority for free

At the annual general meeting of OTE on May 25, a decision will be taken to delist an additional 5,617,282 shares it owns. This will result in the Germans' stake climbing to 49.85%, and being only about 1,436,186 shares far from controlling 50.01% of the company.

16 Μάιος 2022 07:42

ENGLISH EDITION

Greek banks to sell more NPLs this year at tail - end of deals

These transactions, along with some other smaller ones, will complete the consolidation of banks' loan portfolios, leading the entire banking system to a single-digit non-performing loan ratio, even below 5% for some banks. The ultimate goal of lenders is for NPEs to be close to 3%, which is the EU average.

13 Μάιος 2022 07:47

ENGLISH EDITION

What’s behind the Motor Oil - Ellaktor deal?

In a deal that valued the company Anemos at 1 billion euros, Motor Oil is gaining a significant position in green power. The ultimate goal was the acquisition of the subsidiary Anemos.

11 Μάιος 2022 10:12

ENGLISH EDITION

Can supply chain disruptions keep afloat the shipping industry?

For the shipping industry, the recovery from the pandemic has been a mostly (very) profitable event. While shipowners and shipping investors enjoy the “ride”, one is left to wonder what’s next for shipping. By Basil M. Karatzas*

11 Μάιος 2022 06:30

ENGLISH EDITION

Mitsotakis: Greece can become a gateway for natural gas

Greece's Prime Minister K. Mitsotakis underlined that Greece has the potential due to its geographical location to become a gateway for natural gas from the Middle East and from the southeastern Mediterranean to Europe.

10 Μάιος 2022 09:51

ENGLISH EDITION

Borrowing on equal terms for all Attiki Odos bidders

The plan provides for securing bank lending on the same terms for all joint ventures that will bid for the 25-year concession contract of Attiki Odos. For example, all bidders will have access to a loan of 2 billion euros on equal terms and the rest will come from equity. 

09 Μάιος 2022 10:24

ENGLISH EDITION

K. Mitsotakis: Multiple crises have not stalled reforms in Greece

The prime minister underlined the improvement in economic numbers, with growth ending at 8.3% in 2021, the third best in Europe, while unemployment dropped by 4% and one of Greece's creditors, the International Monetary Fund, "left Greece two years ahead of schedule"

09 Μάιος 2022 09:10

ENGLISH EDITION

Kikilias: Our aim is to extend the tourism season

The minister also referred to the very positive, as he called them, messages from the bookings and arrivals of first tourists to Greece.

07 Μάιος 2022 22:53

ENGLISH EDITION

Mitsotakis at New Democracy party congress: Multiple crises have not stalled reforms

The PM said the government's concern was prosperity of each citizen, but warned that "there is a lot to be done in the next 12 months and in another 4 years," referring to the elections in 2023 and a second term.

07 Μάιος 2022 14:49

ENGLISH EDITION

Banks to return to normal with HFSF bill

Senior banking sources describe the new framework as being “demanding but fair”, expressing their satisfaction with the reform of the operating framework governing the HFSF and banks.

04 Μάιος 2022 10:13

ENGLISH EDITION

Finance Ministry: Greek budget tax revenue up 15.6% in March

The budget recorded a primary deficit of 1.650 billion euros in the three-month period, up from a budget target for a deficit of 1.331 billion euros but down from a shortfall of 3.413 billion in 2021.

27 Απρ 2022 08:54

ENGLISH EDITION

Piraeus Bank: Doubling of revenues, dividend, and creation of neobank

What the bank's CEO Chr. Megalou said on the new business plan, the creation of a new digital bank, the dividend distribution, the economy, and the impact of the crisis in Ukraine.

25 Απρ 2022 13:52