Al Maabar
Greece to divert privatization proceeds to pension funds: officials
Greece's leftist government has said that future proceeds from privatizations would be diverted to pension funds instead of debt repayment ? a move the country's creditors are likely to oppose.
Blackstone buys 10 pct stake in Greek real estate developer Lamda
Private equity group Blackstone acquired a 10 percent stake in Greek real estate developer Lamda for 20.2 million euros ($28 million), the latest move by foreign funds warming to Greece's recovery prospects, Lamda said on Wednesday.
Deals signed with UAE
By Panagis Galiatsatos
The foreign ministers of the United Arab Emirates, Sheikh Abdullah bin Zayed Al Nahyan, and Greece, Evangelos Venizelos, yesterday signed a memorandum of cooperation between the two states for the mutual promotion and protection of investments, seen as a message of trust from the UAE to Greece.
- Read more about Deals signed with UAE
- Log in to post comments
Lamda development raises offer for Europe’s largest urban plot [Update]
Paul Tugwell & Nikos Chrysoloras
A venture led by Lamda Development increased its initial offer by 25 percent for 100 percent of Hellenikon SA, topping an independent valuation, the Greek state-asset sales fund said.
Countdown to verdict on Elliniko development
By Nikos Roussanoglou
Within the next 10 days state privatization fund TAIPED will announce its decision on the tender for the development of the old airport at Elliniko, southern Athens.
- Read more about Countdown to verdict on Elliniko development
- Log in to post comments