ENGLISH EDITION

ENGLISH EDITION

New hotels to open in central Athens

These are projects that have been purchased and renovated, or leased and reconstructed, in order to function as modern hotels. The investments were launched before the pandemic and were delayed due to the conditions but are scheduled to operate in the summer.

23 Ιαν 2021 08:44

ENGLISH EDITION

Bond swaps a win-win situation for Greek govt, banks

Bond exchange transactions that have taken place since 2020 between the state and systemic banks were designed and executed by the Public Debt Management Agency (PDMA) in the context of the country's improving debt profile.

21 Ιαν 2021 15:28

ENGLISH EDITION

Hotels, food businesses bleed heavily in Q3

According to the data from the Hellenic Statistical Authority, the turnover of accommodation companies in the third quarter of 2020 amounted to 1.5 billion euros, showing a decrease of 61.4% compared to the third quarter of 2019.

21 Ιαν 2021 07:48

ENGLISH EDITION

Greece raises 2 bln euros via bond placement with banks

According to Minister of Finance, Christos Staikouras, Greece achieved a reduction of general government debt by approximately 620 million euros.

20 Ιαν 2021 07:48

ENGLISH EDITION

Banks eye single digit NPLs without drawing on fresh capital

Eurobank, Alpha Bank and National Bank, through the large transactions that have been implemented, or will be implemented in the near future, will reduce their NPL ratio between 15% and 24%.

18 Ιαν 2021 13:23

ENGLISH EDITION

Precious US subsidiary sacrificed by Intralot to prop up debt

According to the initial agreement announced yesterday, the Intralot group will become a partner with the bondholders in its US subsidiary, which already brings in almost half of groups revenues from games and has strong prospects for future growth.

15 Ιαν 2021 12:58

ENGLISH EDITION

Half of the loans suspended by Greek banks in dangerous territory

The data published by the EBA is more in line with the pessimistic estimates by the BoG, confirming that in the danger zone there are loans of 10.98 billion euros out of a total of 22.2 billion euros of loans that have been suspended.

15 Ιαν 2021 07:45

ENGLISH EDITION

Greece scrambles to subsidize small business loans

The basic plan of the government foresees that a program similar to the "Bridge" program will be created for small businesses and professionals.

14 Ιαν 2021 10:14

ENGLISH EDITION

Deadline on Ellaktor share deal expires today

There are many who believe that the implementation of the binding agreement will be extended as the two shipowners already control the relevant voting rights.

12 Ιαν 2021 15:14

ENGLISH EDITION

Ethniki Insurance sale saga hits new snag

Bank sources say that a deal could still be reached in talks that have been going on for months but add that uncertainty has prompted officials to re-examine the option of going public with the company on the Athens bourse.

11 Ιαν 2021 12:07

ENGLISH EDITION

Greek-Dutch battle over control of Ellaktor pushed back

Ellaktor’s general assembly has been postponed after a request by submitted shareholders that included shipowners G. Kaimenakis and Dim. Bakou, as well as CEO Anastasios Kallitsantsis. In an expected move, the general assembly will now be held January 27.

09 Ιαν 2021 09:41

ENGLISH EDITION

Greek deposits jump but still below 2014 levels

At the end of November, total private sector deposits amounted to 158.69 billion euros compared to 160.285 billion euros in December 2014, while in September 2014 deposits had risen to 164.75 billion euros .

08 Ιαν 2021 07:49