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EU Commission prolongs guarantee scheme for Greek banks
17 Jan 2020The European Commission on Thursday announced it has authorised the prolongation of the Greek guarantee scheme for credit institutions until May 31, 2020 under EU state aid rules.
Bulgaria's VF Alternative gets shareholders' nod for cap hike
17 Jan 2020Bulgarian self-managed alternative investment fund VF Alternative said that its shareholders have approved a proposal to increase its capital by 1.0 million levs ($570,600/511,300 euro) via a new share issue. view more
EBRD adopts new competitiveness, infrastructure-focused strategy for Bulgaria
17 Jan 2020The European Bank for Reconstruction and Development (EBRD) said that it has adopted a new strategy for Bulgaria which will guide the bank’s investment and policy engagement in the country during the next five years. view more
PM Mitsotakis proposes top female judge for president of Greece
16 Jan 2020Prime Minister Kyriakos Mitsotakis proposed Ekaterini Sakellaropoulou, first female president of the Council of State, as president of the Hellenic Republic, in a televised address on Wednesday evening.
Zeologic SA to build shipping waste treatment plant in UAE
16 Jan 2020Zeologic SA, a subsidiary of Mytilineos, on Wednesday announced the signing of an agreement with Fairdeal Marine Services FZE, for the construction of the first treatment plant of oily sludge as well as of sludge arising from flue gas treatment systems.
Bulgaria's Sofiyska Voda extends emergency maintenance agreement
16 Jan 2020The water utility company serving the Bulgarian capital Sofia - Sofiyska Voda, said on Wednesday that it has boosted by 3.5 million levs ($2 million/1.8 million euro) the value of its contract with a local tie-up for emergency maintenance of the city's sewage network. view more
FM Dendias on official visit to Morocco on Wednesday
15 Jan 2020Foreign Affairs Minister Nikos Dendias will meet with officials of the Moroccan government in the capital city of Rabat on Wednesday.
PM Mitsotakis discusses investments with energy companies' CEOs
15 Jan 2020Prime Minister Kyriakos Mitsotakis on Tuesday met in Athens with CEOs of Belgian, Italian and Spanish energy companies, with whom he discussed prospects and opportunities arising from the recent signing of the EastMed gas pipeline construction project signed by Greece, Cyprus and Israel.
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Bulgaria's LH Co-Invest planning to lower capital
15 Jan 2020Bulgarian investment firm LH Co-Invest said that it is seeking the approval of its shareholders to lower its capital by nearly 500,000 levs ($284,000/256,000 euro) to some 5.54 million levs in order to optimise its capital base. view more