Battle until the last minute for the fate of Eurobank
Battle until the last minute for the fate of Eurobank
The optimism with which the markets have begun to treat the Greek economy is evident both in the course of the stock market, and the expected formation of lending rates of bank bonds as today marks the opening...
Regarding the Greek banks and the privatization of Eurobank, all will be judged in the anticipated filing of the draft law
The optimism with which the markets have begun to treat the Greek economy is evident both in the course of the stock market, and the expected formation of lending rates of bank bonds as today marks the opening of the Piraeus Bank book. But there are difficult points relating to the developments in the banking and industrial sectors.
Regarding banks and the privatization of Eurobank, all will be judged on the expected filing of the draft law. On one hand is the state enrollment plan which estimates that 3 billion euros will be collected from the funds and Greek private individuals. On the other hand, the FSF does not want to fall below 51% in the control of the bank and asks to be included with an amount close to 1 billion euros or slightly less.
Regarding the industrial sector, some of its circles express their concern for the fate of the negotiations with the troika, believing that all which has been achieved by reducing the industrial electricity about 20 days or so ago, run the risk of being impaired. They add that the four-month adjustments, where the agreement with the troika is essentially leading, do not allow any planning for investments.
Information indicates that the troika has taken a negative position against premium bonuses that PPC is holding in the hydropower and lignite sectors. Although the Ministry of Development and Energy gave a direction that the troika accepted all the industry asked 3 weeks ago, in essence this result is disputed by some circles of the industry.
The optimism with which the markets have begun to treat the Greek economy is evident both in the course of the stock market, and the expected formation of lending rates of bank bonds as today marks the opening of the Piraeus Bank book. But there are difficult points relating to the developments in the banking and industrial sectors.
Regarding banks and the privatization of Eurobank, all will be judged on the expected filing of the draft law. On one hand is the state enrollment plan which estimates that 3 billion euros will be collected from the funds and Greek private individuals. On the other hand, the FSF does not want to fall below 51% in the control of the bank and asks to be included with an amount close to 1 billion euros or slightly less.
Regarding the industrial sector, some of its circles express their concern for the fate of the negotiations with the troika, believing that all which has been achieved by reducing the industrial electricity about 20 days or so ago, run the risk of being impaired. They add that the four-month adjustments, where the agreement with the troika is essentially leading, do not allow any planning for investments.
Information indicates that the troika has taken a negative position against premium bonuses that PPC is holding in the hydropower and lignite sectors. Although the Ministry of Development and Energy gave a direction that the troika accepted all the industry asked 3 weeks ago, in essence this result is disputed by some circles of the industry.
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