Alpha Bank, Greece’s third largest lender by market capitalization, announced on Monday it agreed to sell a portfolio of Cypriot nonperforming loans and real estate properties to Cerberus as part of efforts to clean its balance sheet from bad debt.
Thousands of property owners in Greece will soon see substantial reductions in the Single Property Tax (ENFIA), Finance Ministry sources told the Athens-Macedonian News Agency.
The close trade and investment ties between Europe and Africa are of great importance to Greece as a Mediterranean country, Secretary General for International Economic Relations and Extroversion (Foreign Affairs Ministry) Ioannis Smyrlis said at the Informal Council of the Trade Ministers of the European Union (Foreign Affairs Council – Trade) in Marseille on Monday.
Panathinaikos and Olympiakos prepared for next weekend’s Greek Cup Final Four with easy home wins for the league on Monday, while their opponents in Friday’s semis, Promitheas and AEK, look out of shape.
Greece will repay the final tranches of bailout loans owed to the International Monetary Fund by the end of March, two years ahead of schedule, Finance Minister Christos Staikouras told Reuters on Monday.
Despite the relatively high number of fatalities on Greek roads, there are very few cameras monitoring speed.
The start of direct flights from the United States to Greece on March 7, earlier than in any other year, “amounts to a vote of confidence in our country by a key market that adds high value to Greek tourism,” Tourism Minister Vassilis Kikilias stated on Monday.
In a warmongering climate that dominated trade across Europe on Monday, as the situation is deteriorating fast in Ukraine, the Greek stock market managed to contain its losses and the benchmark held on to the 950-point level.
A prosecutor and an investigative magistrate on Monday ordered the eleventh suspect in the murder case of Alkis Kambanos in the northern port city of Thessaloniki on February 1, to remain in jail until his trial.
A 35-year-old man and a 32-year-old woman were handed a suspended 14-month jail term and fined 3,000 euros each by a court in Rhodes for not sending their 8-year-old child to primary school due to the pandemic.