ENGLISH EDITION

According to BusinessDaily sources, the tender is likely to receive a small extension, in order to coincide with another tender on the shipyard’s property run by the Public Real Estate Company (ETAD).

According to Bank of Greece withdrawal of government support measures to borrowers will put pressure on bank balance sheets through a possible deterioration in the quality of their assets.

Credit risks are expected to increase in the near future, exposing banks to the formation of high-end provisions that will hurt their results, at a time when they need internal capital formation to deal with losses from loan securitizations.

The management of Lamda announced yesterday that the first two presentations will take place in the first 15 days of July and will concern the architectural plans of the first residential tower in Greece and the development of the coastal front.

One of the points that made an impression from Mytilineos’ comments was the announcement that in coming days there will be news about an agreement with PPC concerning the new electricity tariff agreement with Aluminum of Greece.

The goal is for the construction of the new unit to start within 2021, in order to be put into commercial operation at the beginning of 2024 and the construction work will be undertaken by Terna.

According to analysts, the increase in deposits, in the midst of a pandemic, has created a large misconception: that the increase is a result of savings, money that will be poured into the economy once the conditions allow for it.

As far as the economy is concerned, the debate is shifting from defense tactics amidst the pandemic to growth with the Recovery Fund being the main lever, fuelling investments.

Despite the negative effects of the pandemic in Greece and globally, the company managed not only to reduce any negative effects but to increase sales and profitability.

The administration of Gregory Dimitriadis has decided to apply a more aggressive tactic in utilizing the Superfund’s portfolio of real estate and other assets.