ENGLISH EDITION

ENGLISH EDITION

Debate on Greek debt sustainability reopens

The pessimistic predictions by Paul Thomsen and the response from Greek and European officials. The new debt sustainability analysis by the Commission and the heavy burdens from the pandemic.

10 Απρ 2021 09:45

Πρώην Βασιλικά Κτήματα, Τατόι

ENGLISH EDITION

3 major projects to reshape Athens real estate map

One of the most important changes is the renovation of the old PYRKAL factory in the area of Ymittos, which includes the transfer of ministries and the creation of a park of 80 acres, as announced by Prime Minister Kyriakos Mitsotakis a few days ago.

09 Απρ 2021 07:48

ENGLISH EDITION

National Bank lowers flag in Egypt; shuts 17-branch network

The bank’s decision to close its branches and terminate its presence in Egypt was a result of the unsuccessful attempts to sell NBG Egypt due to the lack of interest.

08 Απρ 2021 07:48

ENGLISH EDITION

Impact on Greek banks from pandemic to intensify in 2021 - cenbank

Banks will have to reconsider their credit risk forecasts, while the government is called upon to find a solution to reduce the deferred tax contribution on capital.

07 Απρ 2021 09:10

startups-Ellada-oikonomia

ENGLISH EDITION

Dismal performance by Greece in Venture Capital investments; second last in EU

In an international survey about venture capital funds, Greece ranked 31st among 32 countries in 2020, despite efforts to "warm up" investments in start-ups.

06 Απρ 2021 07:48

staikouras, oikonomikon, proypologismos

ENGLISH EDITION

Greece to further support tourism sector; restaurants to open after Easter

Finance Minister Christos Staikouras stressed that "we are expanding by as much as possible targeted restart measures in the sectors that really need even more support. We are planning some additional interventions. We are trying to find the relevant funds and when we are ready we will announce the moves."

03 Απρ 2021 11:55

ENGLISH EDITION

Two large weights hanging over Greek banks removed

In its report, Moody's notes that the risk of a deterioration in bank assets due to the pandemic is moderate, while the upgrades reflect improving economic conditions as the eurozone recovers from the economic downturn of the pandemic.

02 Απρ 2021 08:22

ENGLISH EDITION

First bond from Greek shipping company to be issued on Athens bourse

The move comes at an exceptional time for the Athens bourse, with an increase in volumes and turnover in daily transactions, while demand for bonds recently issued by PPC and Motor Oil outstripped supply.

01 Απρ 2021 08:48

ENGLISH EDITION

Govt tables bill allowing casino to move from Parnitha to Marousi

The new amendment comes to replace a previous one that was deemed unconstitutional by the Council of State, because it targeted exclusively the case of the Parnitha casino.

31 Μαρ 2021 07:47

ENGLISH EDITION

How the sale price on Ethniki Insurance deal plummeted by 70pct

Despite efforts by National Bank to save face by announcing that the sale price corresponds to a valuation of 505 million euros, in fact, the result is much more unpleasant: 120 million euros of the price is tied to achieving specific goals on selling bank insurance products until 2026.

29 Μαρ 2021 13:54

ENGLISH EDITION

NBG sells insurance arm to CVC Capital Partners, reports higher 2020 profit

At 505 million the valuation of 100% of the insurance. A significant part of the price, 120 million euros, is linked to the achievement of specific sale targets of bank insurance products by 2026.

27 Μαρ 2021 09:45

ENGLISH EDITION

NBG reaches an agreement for selling 90% of Ethniki Insurance to CVC

At 505 million the valuation of 100% of the insurance. A significant part of the price, 120 million euros, is linked to the achievement of specific sale targets of bank insurance products by 2026.

26 Μαρ 2021 18:19