Dividend

Govt confirms annual plan for managing state assets

Ljubljana – The government confirmed on Wednesday the 2021 plan for the managing of capital investments put forward by Slovenian Sovereign Holding (SSH). The custodian of state assets expects 4.2% return on equity, which is up 0.8 percentage points from what is expected this year. Dividends should remain level.

OPAP first-quarter profit hit by Covid-19 lockdown

OPAP, Europe's fourth-biggest betting business, reported a 38% drop in first-quarter profit on Wednesday due to the closure of outlets during the coronavirus lockdown in Greece and Cyprus.

Net profit in the January to March period stood at 35.5 million euros ($40.3 million), down from 57.2 million in the same period a year before.

PM vows to end ‘unacceptable tax siege’

Prime Minister Kyriakos Mitsotakis underlined the government's determination to lower the tax burden in Greece, telling a conference on the "The Future of Retail" organized by the Hellenic Confederation of Commerce and Entrepreneurship (ESEE) that his first priority will be to "end the unacceptable tax siege" on individuals and business especially.

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