Edition:
India

George Georgiopoulos

Turkey's Oruc Reis survey vessel back near southern shore, ship tracker shows

13 Sep 2020

ISTANBUL/ATHENS Turkey's seismic research vessel Oruc Reis returned to waters near the southern province of Antalya on Sunday, Refinitiv data showed, a move Greece said was a positive first step in easing tensions over offshore natural resources.

Greek PM announces tax relief to boost employment, ups defence spending

12 Sep 2020

ATHENS Greece's Prime Minister Kyriakos Mitsotakis on Saturday announced a tax relief package to boost jobs amidst a downturn caused by the coronavirus pandemic, as well as rise in spending to strengthen the country's defence capabilities.

UPDATE 1-Greek fintech Viva Wallet gears up for 500 mln euro fundraising -sources

14 Aug 2020

ATHENS/NEW YORK, Aug 14 Greek payments company Viva Wallet is looking to raise half a billion euros to support its digital banking operations, sources familiar with the plans told Reuters, eight months after securing a banking licence through a merger with Praxia Bank.

Greek fintech Viva Wallet hires Jefferies for 500 mln euro fundraising - sources

14 Aug 2020

ATHENS/NEW YORK, Aug 14 Greek payments company Viva Wallet is seeking to raise half a billion euros to support its digital banking operations, two sources told Reuters, eight months after securing a banking licence through a merger with Praxia Bank.

Greece makes masks compulsory on ferry decks after rise in COVID-19 cases

03 Aug 2020

ATHENS Greece will make mask-wearing compulsory on the decks of ferries sailing to its islands, extending the requirement beyond indoor public spaces, after a sudden rise in coronavirus infections that could put its crucial tourism season at risk.

Greece makes masks compulsory on ship decks after COVID-19 spike

03 Aug 2020

ATHENS, Aug 3 Greece will make mask-wearing compulsory on the decks of ferries sailing to its islands, extending the requirement beyond interior spaces after a recent spike in coronavirus infections, the government's spokesman said on Monday.

Alpha Bank nears deal to sell bad debt portfolio to Fortress: sources

25 Jun 2020

ATHENS/LONDON Alpha Bank , Greece's fourth-largest lender, is close to finalising a deal to sell a portfolio of bad loans worth more than 1 billion euros to U.S. investment manager Fortress Group, three sources familiar with the matter told Reuters.

Piraeus Bank hires advisers to auction off $7.8 billion of bad loans: sources

19 Jun 2020

ATHENS/LONDON Piraeus Bank has hired JPMorgan and UBS to sell two portfolios of soured loans worth about 7 billion euros as it scrambles to clean up its balance sheet and tackle a new debt crisis triggered by the novel coronavirus, sources told Reuters.

RPT-Alpha Bank in talks with Cerberus, PIMCO to sell $11 bln of bad loans - sources

17 Jun 2020

LONDON/ATHENS, June 16 Greece's Alpha Bank is in talks with at least five U.S. investment firms including Cerberus and PIMCO in a fresh attempt to offload a portfolio of bad debt worth more than 10 billion euros ($11.3 billion), two sources told Reuters.

Alpha Bank in talks with Cerberus, PIMCO to sell $11 billion of bad loans: sources

17 Jun 2020

LONDON/ATHENS Greece's Alpha Bank is in talks with at least five U.S. investment firms including Cerberus and PIMCO in a fresh attempt to offload a portfolio of bad debt worth more than 10 billion euros ($11.3 billion), two sources told Reuters.

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