Athens News
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Greece’s state asset sales fund accepted a revised offer from Emma Delta to buy a 33 percent stake in Opap SA as the government hailed the investment in the country’s biggest gambling company.
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Opap SA fell after Greece’s state asset sales fund accepted a revised offer from Emma Delta, the only group to submit a valid binding bid for a 33 percent stake in Europe’s largest listed gambling company.
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German stocks advanced as companies reported earnings and investors awaited the outcome of the European Central Bank’s interest rate-setting meeting.
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Greek police used tear gas early this morning against members of the nationalist Golden Dawn party in central Athens after the group tried to hand out free food packages in Syntagma, the city’s main square in front of parliament.
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Athens Water Supply & Sewage Co SA, Greece’s largest water utility, named Antonis Vartholomeos as chairman and chief executive officer, replacing Stelios Stavrides, who now heads the country’s privatization fund.
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Pope Francis urged the unemployed “not to lose hope” amid record joblessness in the euro area as hundreds of thousands of people demonstrated across Europe against austerity and for workers’ rights.
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Cyprus’s international rescue loan deal was approved by a slim majority in the nation’s parliament today, with 29 lawmakers voting in favor and 27 against.
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Greek shipping companies, the owners of one in six merchant vessels, are ordering the most new iron-ore carriers since 2008, betting the five-year rout in charter rates may be nearing an end.
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Euro-area inflation at a three-year low and record unemployment increased pressure on the European Central Bank to cut interest rates later this week to spur lending and growth.
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Cyprus’s international loan deal is set to be approved by a slim majority in the nation’s parliament today, with 29 lawmakers saying they’ll vote in favor and 27 against.
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