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Tag Archives: shares

Council of State blocks transfer of Athens Water Company to Privatization Agency

Greece’s Council of State blocked the transfer of part of Athens Water Company stakes to Privatization Agency (TAIPED).  In clear words, this decision prohibits the privatization of Athens Water Company (ΕΥΔΑΠ) and mosτ possible also the upcoming privatization of 51% of the stakes of Thessaloniki Water company (EYAΔ). The Council …

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Samaras, Venizelos, Kammenos: Greece’s richest politicians

Greek Parliament published on Tuesday the assets of 508 politicians for the financial year 2011 (2010). The so-called “πόθεν έσχες” (literally: whence did you acquire it?) contains the asset means of MPs and party leaders according to their declarations to tax offices. According to the πόθεν έσχες lists uploaded on the website …

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EU Commissioner, UK Money Printing Co: Playing Greece-Euro-Exit Games

What a day! Amid a barrage of warnings and threats for a Greek euro exit and UK companies making even offers to Athens to print there …Drachmas, a EU Commissioner puts the icing on top of  the euro cake. EU Trade Commissioner, Belgian Karel de Gucht claimed that the European Central Bank and the European commission …

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Athens Stock Exchange Below 650 Units; Strong Pressure on Banks

Athens Stock Exchange recorded significant losses on Thursday, with the stocks of the banking sector to be at the heart of liquidations. Particularly the shares of National Bank of Greece retreats in new lows of 1.43 euro and is down 2.53%. At noon, the General Index was down at 649.90 units, …

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Athens Stocks Index at 1997 level

Greece’s budget deficit may have shrunk by 36.5% and beat the target, yet Monday’s Athens Stock Exchange session was one of the worst since 2009 for the Greek Stock Market. Economic news portal,  reported that the General Index ended below 1360 units for the first time since April 1, 1997 …

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