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Tag Archives: shares

Athens International Airport makes spectacular debut on ASE

The Athens International Airport shares made a spectacular debut on the Athens Stock Exchange on Wednesday, with its price rising 14.02% in midday transactions in heavy trading of more than 50 million euros. Tthrough the Hellenic Republic Asset Development Fund (HRADF/TAIPED) the Greek government , sold 90 million shares of …

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Greek Public Power Company PPC at risk of “sudden death”, stocks -17.32%

Shares of Greece’s Public Power Corporation PPC plunged and recorded losses of -17.32 with the stock price at 1.728 at the end of Athens Stock Exchange session on Thursday’s following media reports about the tragic economic situation of the company. Greek PPC is reportedly looking for 300 million euros in …

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Papastratos Tobacco to offer Morris shares worth €1million to its workers

Greek tobacco company Papastratos announced it was offering shares worth 1.0 million euros of its parent company Philip Morris International, to its workers. In an announcement published on Thursday, Papastratos said with this move it was awarding workers for an exceptional performance and very strong results in the commercial sector …

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Greece’s securities regulator launches audit into Folli Follie vs QCMFund war

The Hellenic Capital Market Commission has launched an independent audit into Greek luxury goods retailer Folli Follie after hedge fund Quintessential Capital Management expressed doubt about the chain’s financial report of last year. The company refutes the claims and threatens with legal action. Greece’s securities regulator HCMC said on Monday …

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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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