ENGLISH EDITION

ENGLISH EDITION

Banks face 3 obstacles in quest to resume dividend payments

For the first time after the crisis, domestic banks have put back on the agenda the issue of dividend distribution and on the occasion of first half earnings, management teams at Eurobank, Alpha Bank and the National Bank have set the central goal of dividend distribution from either 2022 or 2023.

08 Σεπ 2021 07:51

ENGLISH EDITION

Rising bank deposits reflect stronger households, businesses but also deeper weaknesses

Although many companies are now able to move ahead with investments to improve their business, many are still moving defensively, keeping deposits high as they remain concerned about the duration and resilience of the current economic upturn.

07 Σεπ 2021 07:48

ENGLISH EDITION

PPC receives four bids for closely watched HEDNO sale

This will now be followed by checks from PPC on the technical files submitted by the interested parties and then opening of the financial bids. The participants are international investors, with tens of billions of funds under management.

03 Σεπ 2021 20:25

ENGLISH EDITION

Why Eurobank shares are outperforming on Athens bourse

Eurobank is now in 4th largest company on the bourse in terms of market capitalization, behind Coca Cola HBC, OTE and OPAP. Eurobank is valued at 3.068 billion euros, compared with Alpha Bank's 2.7 billion euros, National Bank's 2.33 billion euros and the 1.75 billion euros of Piraeus Bank.

03 Σεπ 2021 07:51

ENGLISH EDITION

Aktor losses raise concerns but management sees improvement by end year

CEO Efthymios Bouloutas noted that by the end of the year the situation with Aktor will have normalized, which had been significantly aggravated due to liquidity problems and the "sins" of the past.

02 Σεπ 2021 07:44

ENGLISH EDITION

The hunt for digital nomads and the benefits for the economy

According to the Massachusetts Institute of Technology, if Greece manages to attract 100,000 digital nomads in one year, and they stayed in the country for 6 months, the benefit to the economy could reach 1.6 billion euros a year.

01 Σεπ 2021 07:48

ENGLISH EDITION

EU blocks funding for Attiki Odos highway extension

Infrastructure Minister Kostas Karamanlis had announced that the expansion of the Western Regional Ymittos to Vouliagmeni Avenue would proceed as a public project. However, in recent weeks the ministry seems to have changed opinion.

31 Αυγ 2021 09:38

ENGLISH EDITION

Battle for Egnatia Odos ends as new one starts in Athens

Attica Odos is the most profitable in Greece, excluding any extensions as in the last seven years as today’s shareholders (ELLAKTOR and AVAX) have received in the form of dividends more than 700 million euros without including the hundreds of millions they receive for its maintenance.

28 Αυγ 2021 09:58

ENGLISH EDITION

Greek bank deposits up 1.8 bln euros in July amidst rising confidence

The trend of continuous increases in deposits reflects growing confidence in the Greek financial system, however, doubts remain about the course of the pandemic and the implementation of new restrictive measures.

27 Αυγ 2021 10:35

ENGLISH EDITION

Rent costs for student housing jump in Athens, Thessaloniki

Prices in Athens are on the rise in most student areas. The largest increases have been recorded in Kallithea, Neos Kosmos, Pagrati Zografou and Exarchia.

26 Αυγ 2021 12:06

ENGLISH EDITION

Finance Minister Staikouras rules out new lockdown, cites economic cost

Speaking on SKAI TV, he was then asked about the economic cost of preventing unvaccinated people from visiting restaurants and cinemas, the minister said that "any restriction on the proper functioning of the economy has a cost to the economy.

25 Αυγ 2021 09:08

ENGLISH EDITION

Tourism revenues up 51 pct in first half of the year

In June 2021, as mentioned previously, travel receipts rose by 851.8% year-on-year. In more detail, receipts from residents of EU27 countries increased by 1,208% to 558 million euros, while receipts from outside the EU27 rose by 447.1%

24 Αυγ 2021 09:17