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Tag Archives: buy

Greece considers buying civil servants’ red loans from the banks, says Economy Minister

The Greek state is considering to buy private red loans from banks at the prices they would sell to collections companies or hedge funds. This was stated by Economy and Development Minister, Dimitris Papadimitriou, in response to a question by opposition MP, Odysseas Konstantinopoulos (PASOK). The MP wanted to know …

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New charges against Sorras: Leader of criminal organization, fraud, money laundering and others

The self-proclaimed billionaire and now fugitive Artemis Sorras has been charged with fraud and running a criminal organization. The office of prosecutor in Athens published a long list of charges against Artemis Sorras and seven of his close associates on Tuesday. The list of charges reportedly contain “half of the …

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Sold for just €45million: Italian Railways buy Greece’s TRAINOSE

Greece accepted on Thursday a 45-million-euro (£37.5 million) bid submitted by Italy’s state railways for its state rail company TRAINOSE, Greek state media reported. Italy’s state railways Ferrovie dello Stato [IPO.FERR.MI] last week submitted the sole binding bid for TRAINOSE, which is being sold under the government’s privatisation programme. The …

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Hey, Grexit-Junkies! You can buy your Drachma-Fix here!

Are you a Grexit-Junkie? Do you get cold turkey seeing your Drachma-fix  being timely moving away? Do you get headache, nausea, night sweats, fever, hallucinations, increased anxiety, confusion and irritability every time a Eurogroup meeting ends up in agreement with Greece? I got news for you! A medicine without prescription …

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Rhode Island Firm to open bid for ..outstanding Greek debt

A private investor has announced a tender in order to buy less than 9.9% of all Greek bonds. “Japonica Partners & Co. announces an invitation by its indirect wholly-owned subsidiary Yerusalem Hesed, Ltd.  for eligible holders of certain series of bonds issued by Greece in 2012 to sell the bonds …

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EU Commission temporary shelves absurd olive oil jugs & bowls ban

The European Commission decided to temporary shelve its absurd decision to ban olive oil jugs and dipping bowls from restaurant tables and replace them with non-refillable sealed bottles. “The decision did not find the necessary support,” EU Commissioner for Agriculture Dacian Ciolos said at a press conference, admitting he was …

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