Athens Informer

As Finance Minister Yannis Stournaras prepares to meet with his eurozone counterparts again in Brussels today for the anticipated approval of further rescue funding, Prime Minister Antonis Samaras is busy preparing for a much-awaited visit to China… Full News here – Kathimerini English

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Local lender First Business Bank on Saturday split into a “good” and “bad” bank, with National absorbing its healthy side and the rest set for liquidation, according to a statement by the Bank of Greece. FBB followed the pattern set by Proton Bank and ATE… … Full News here – Latest News

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About 50 businessmen and representatives of Greece’s privatization agency will accompany Prime Minister Antonis Samaras on an official visit to China later this month, where the Greek government hopes to lay the groundwork for future investments. Kathimer… … Full News here – Latest News

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About 50 businessmen and representatives of Greece’s privatization agency will accompany Prime Minister Antonis Samaras on an official visit to China later this month, where the Greek government hopes to lay the groundwork for future… Full News here – Kathimerini English

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WASHINGTON (AFP) – The International Monetary Fund said yesterday that banks and businesses are still fragile in the eurozone periphery, which extends from Cyprus and Greece to Italy and Spain. “The debt overhang at listed companies in the euro area… Full News here – Kathimerini English

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The role being played in the public arena by the Greek business community is grossly inadequate given the dire economic climate and the massive challenges that the country is facing. The public of this crisis-hit country expects the business community… Full News here – Kathimerini English

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The labyrinthof bureaucracy, corruption and the widespread skepticism of society and the civil service toward entrepreneurship are the main obstacles for investment in Greece, as two stories reported by Kathimerini about internationally acclaimed… Full News here – Kathimerini English

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Athens homes, business burglarized Thieves broke a window to get into a garage of a vacant home in the 1200 block of Hull Road between 8 a.m. Friday and 1 p.m. Sunday and stole about 200 electrical ballasts altogether worth about $ 2,000, Athens-Clarke police said. Athens-Clarke police … Full News here – Read more [...]

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News of the creation of a Greek-Qatari business council, to be announced on Wednesday in the context of Prime Minister Antonis Samaras’s visit to Doha, is being viewed as very significant by Greek industrialists. “We had previously proposed… Full News here – Kathimerini English

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The 45-year-old owner of a business based in the Athens neighborhood of Exarchia was arrested yesterday on charges of privacy violation after hundreds of thousands of files containing personal data were found on three hard drives in his possession. An… Full News here – Kathimerini English

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Family business ATHENS — Leaning against the stage in Athens Bible's gymnasium, April Davis proudly watched as Abbie Melvin directed the Lady Trojans' volleyball team through drills. For the Athens Bible coach, taking a stroll down memory lane was inevitable. "It's … Full News here – Read more on The Decatur Daily

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MK Group d.o.o., a Serbian holding company focused on agribusiness, renewed a bid to buy Greece’s Hellenic Sugar Co SA to increase sugar production and exports. Agricultural Bank of Greece (ATEbank), invited offers last month for an 82 percent stake in… Full News here – Kathimerini English

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Government plans for the general overhaul of the tax system include a reduction in tax exemptions on properties, while the Finance Ministry is preparing a new system for the taxation of the incomes of the self-employed and enterprises. In most cases… Full News here – Kathimerini English

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A Greek bank bond-exchange initiative being discussed by the government and the so-called troika would reduce the recapitalization needs of lenders by 9 billion euros, according to Eurobank Ergasias SA Deputy Chief Executive Officer Nikolaos… Full News here – Kathimerini English

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The Piraeus Group yesterday announced its acquisition of 99.08 percent of Geniki Bank shares from French lender Societe Generale, which also confirmed the signing of the agreement yesterday. With the move Piraeus is taking a huge step toward retaining… Full News here – Kathimerini English

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