Greece News | Greek News from Greece & the World

S&P revises upwards OPAP´s outlook to Positive from Stable
01/08/2017 09:36
S&P revised yesterday its outlook on OPAP to Positive from Stable, previously. At the same time the agency affirmed its ΄B΄ long-term corporate credit rating on the company. As per S&P...
Moody’s says that NBG’s sale of Romanian subsidiary is Credit Positive
01/08/2017 09:34
Moody’s in its credit outlook report, published yesterday, noted that National Bank’s sale of its Romanian subsidiary is credit positive. “The transaction is credit positive for NBG ...
S&P improved its outlook on OTE
01/08/2017 09:31
Standard and Poor΄s rating agency improved its outlook on Hellenic Telecom following the similar move it made on the sovereign on July 21st. The press release makes reference to the company’...
Stelios Koutsivitis is the new CEO of Astir Palace
31/07/2017 13:27
Mr. Stelios Koutsivitis has been appointed as the CEO of Astir Palace Vouliagme. His position is effective 20 July 2017.Mr. Koutsivitis has an extensive track record in hospitality and real &ndas...
Flashback: when the financial crisis hit Germany
31/07/2017 11:50
On July 30, 2007, the first shockwaves of the nascent global financial crisis reached Germany. Germany΄s IKB bank for small and medium-sized companies got into deep trouble, an institution only known...
Successful capital increase for Grivalia Hospitality
31/07/2017 11:46
Athens-listed Grivalia Properties Real Estate Investment Company announced Friday its Grivalia Hospitality unit has successfully raised 60 million euros from Grivalia Properties and Eurolife ERG Life ...
Moody´s upgrades government bond ratings of Cyprus to Ba3
31/07/2017 11:42
 Moody΄s Investors Service ("Moody΄s") has today upgraded the long-term issuer rating of Cyprus, Government of as well as all senior unsecured bond and programme ratings to Ba3 and (P...
Mouzalas: Funding and staff cuts in Greece would be a criminal mistake
31/07/2017 11:36
Migration Policy Minister Yiannis Mouzalas expressed concern over the possibility EU to "make a wrong move" and cut funds and staff from Greece in order to support Italy in the management of...
Bloomberg: Greece’s Road to Bailout Exit
31/07/2017 11:33
A return to the bond market last week, the pledge of 8.5 billion euros ($9.5 billion) in new loans from euro-area creditors, the possibility of more money from the International Monetary Fund and a S&...
HSBC pledges share buyback scheme after half-year profits
31/07/2017 10:10
The company΄s shares jumped 2.77 percent in early morning trading in Hong Kong. It also announced a share buyback program of up to $2 billion, which is expected to be completed this year.HSBC profits...

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