ENGLISH EDITION

ENGLISH EDITION

Construction firms eye student housing deal in Crete

Leading construction companies are expected to bid for the construction of two student living quarters in Rethymno and Iraklio that will house a total of 3,000 students. The deal is being awarded by the University of Crete via a public-private partnership. The duration of the contract will run for 30 years with the first three years relating to the construction period.

05 Νοε 2019 12:30

ENGLISH EDITION

Doubts and delays on Hercules plan overshadow bank gains

Although the Hercules proposal has been by cleared by DG Comp, the ECB's Single Supervisory Mechanism (SSM) has raised a series of objections on it, with the most important one being that it cannot place a zero risk weighting on securitizations backed by a state that does not have an investment credit grade.

04 Νοε 2019 10:45

ENGLISH EDITION

Novartis case: Two of the three protected witnesses have been revealed

The Greek newspaper "Kathimerini" published a confidential document dated October 8, 2019 that is signed by the head of the Public Prosecution for Corruption Eleni Touloupaki, revealing the identity of two of the three protected witnesses.

04 Νοε 2019 08:53

Mitsotakis-Kina

ENGLISH EDITION

PM Mitsotakis to Xinhua News Agency: 'Greece's intention is to bridge three continents'

Greece-China relations have entered a new era, characterized by a dynamic cultural and economic collaboration, said Prime Minister Kyriakos Mitsotakis to Xinhua News Agency on Saturday.

03 Νοε 2019 13:34

ENGLISH EDITION

Deputy Agri Min Skrekas says 1.5 billion euros will soon help modernize Greek farming

Deputy Minister of Agricultural Development and Food Konstantinos Skrekas referred to potential challenges that might be faced by Greek farmers in the near future.

02 Νοε 2019 16:24

ENGLISH EDITION

Intrum sees a long-term investment in Greece, CEO says

Intrum aims for a long-term investment in Greece, Mikael Ericson the company's CEO said on Friday. Speaking to reporters in Athens, Ericson expressed his satisfaction over the quality of the human resources and of the management team of Intrum in Greece and noted that the aim of Intrum Hellas was the offer long-term and sustainable repayment solutions to Piraeus Bank's debtors, while it also aspires to take over the management of third-party portfolios in the future.

02 Νοε 2019 12:22

Mirum_Villa

ENGLISH EDITION

After a decade of delays, Greece moves along hotel investments worth 850 mln euros

Greece is pushing ahead with two luxury tourism investments in Crete and the Peloponnese, worth some 850 million euros, that have been caught up in red tape for more than ten years. Permits are being issued for the Kilada Hills resort, an investment located in the eastern Peloponnese' Argolida area, and the Elounda Hills resorts in northern Crete.

01 Νοε 2019 12:28

ENGLISH EDITION

Mitsotakis: 'Greece is acquiring a clear and functional system of migration asylum'

"Greece is finally acquiring a clear, concise and functional system of asylum," said Prime Minister Kyriakos Mitsotakis during the parliamentary plenum on the Citizen Protection Ministry's draft law on migration asylum, which includes, among other relevant clauses, the acceleration of asylum application and approval procedures. The prime minister added how "we must tackle migration crisis at both a national and European level."

01 Νοε 2019 09:03

ENGLISH EDITION

The big step to help Greek banks avoid pitfalls of uncertainty

Greek bank shares are returning to levels not seen since the sector's third round of recapitalizations took place in 2015, while 2020 looks like it will be the year when big improvements to their balance sheets are seen. Bank shares may be back at the forefront this year, rising 100 percent on an annual basis, but they continue to trade at prices below rights issues completed in 2015 as part of the third recapitalization plan.

31 Οκτ 2019 14:22

ENGLISH EDITION

Privatization program takes off on strong interest for Athens airport

Greece's sale of a 30 percent stake in the Athens International Airport drew stronger than expected investor interest, in what could earn the country more than 1.5 billion euros in revenues, while also giving a major push to its stalled privatizations program. Expected dividends of 1.1 billion euros connected to the 30 percent stake between 2026 to 2046 drew ten bids from some of the world's largest investors in infrastructure and airport management companies.

30 Οκτ 2019 12:55

ENGLISH EDITION

Three bids expected for 380 mln euro plants in Attica-Crete interconnection

In one of the biggest projects to go ahead in Greece in recent years, three bidders are expected to submit bids on Thursday for the construction of two power conversion plants that will form part of the Attica-Crete grid electricity connector. Along with international partners, the three bidders have their eye on the tender, worth 380 million euros, that has been extended twice.

29 Οκτ 2019 15:30

ENGLISH EDITION

Concerns rise of social unrest hitting Balkans after EU snub- Stratfor

Concerns are rising that a political crisis in northern Macedonia may spill over onto other Balkan nations, prompting the risk of social unrest arising, as the European dream in the region starts to fade, analysts from two leading think tanks, US Stratfor and the European Policy Center (EPC) in Brussels, tell Business Daily.

29 Οκτ 2019 07:55