Economy
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Economy
TAIPED Accepted Improved Offer
The Hellenic Republic Assets Development Fund (TAIPED), the state privatization agency, on Thursday unanimously accepted the improved offer of 9.61 million euros made by Ioannis & Georgios Mentekidis construction company for the development of a...
Economy
EVEA's Michalos Sees Greece Returning to Markets at End 2014
The Athens Chamber of Commerce and Industry (EVEA) president Konstantinos Michalos forecast on Friday that Greece will probably return to markets around the end of 2014. "Despite some errors and omissions, the government's policy is expected to...
Economy
IMF Sees No 'Acute Financing Pressure'
The International Monetary Fund (IMF) said Thursday it saw no near-term "acute" financing pressures on Greece under its international bailout program. "We believe that Greece's financing needs in the coming months can be met from the existing...
Cyprus
Cyprus Eases Restrictions on Economic Activity
Nicosia.- Cyprus Minister of Finance issued on Friday new decrees on capital restrictions both on domestic and foreign banks, facilitating domestic financial activity. The decrees (23rd on domestic banks and 14th on foreign banks) will come into...
Cyprus
IMF in Close Contact with Cyprus Authorities over Privatizations
New York.- By Apostolos Zoupaniotis IMF is in close contact with Cypriot authorities, which are currently formulating their privatization plans, IMF Spokesman Gerry Rice said on Thursday. He added that achieving the objectives would require “an...
Greece
Heavy Rain Leaves Two Dead, 1 Missing
Athens.- A 30-year-old woman missing since Friday evening on Rhodes island when the car she was on was swept away by flood waters, was found dead in the Kremasti village beach. Authorities are still making efforts to locate a 50-year-old man, an...
Greece
SYRIZA Marginally Leads ND in New Poll
Athens.- Main opposition Radical Left Coalition (SYRIZA) leads by a narrow margin of 0.7 percent over the ruling New Democracy (ND) party, according to an opinion poll conducted by Metron Analysis for Sunday’s “Ethnos” newspaper. Based on...
Greece
Opposition Parties on Samaras-Merkel Meeting
Athens.- The main opposition Radical Left Coalition (SYRIZA) described Friday’s meeting between Greek premier Antonis Samaras and German Chancellor Angela Merkel in Berlin as just another confirmation by the Greek government that the bailout...
Greece