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☆ National Bank stake sale oversubscribed - source
▼ + stars: | 2023-11-16 | by ( ) www.reuters.com time to read: 1 min

The logo of National Bank is seen outside a branch in Athens March 23, 2015. REUTERS/Alkis Konstantinidis/File Photo Acquire Licensing RightsATHENS, Nov 16 (Reuters) - The sale of a 22% stake in National Bank of Greece (NBG) by the country's HFSF bank bailout fund was oversubscribed by more than eight times on Thursday, a source close to the process told Reuters. The sale via a book-building process and a public offering concluded earlier on Thursday at 5.30 euros per share, the source said. Fidelity, Blackrock, Norgest, Lazard, RWC and Alliance were among the investors who bought shares in Greece's second largest bank by market value. Lefteris PapadimasOur Standards: The Thomson Reuters Trust Principles.

Persons: Alkis, Lazard Organizations: National Bank, REUTERS, Rights, National Bank of Greece, Reuters, Fidelity, RWC, Thomson Locations: Athens, Blackrock, Norgest, Greece's

☆ Greece's National Bank stake sale oversubscribed -source
▼ + stars: | 2023-11-16 | by ( ) www.reuters.com time to read: +2 min

The logo of National Bank is seen outside a branch in Athens March 23, 2015. REUTERS/Alkis Konstantinidis/File Photo Acquire Licensing RightsATHENS, Nov 16 (Reuters) - Greece on Thursday sold a 22% stake in National Bank (NBG), its second-biggest lender by market value, with the sale oversubscribed by more than eight times, a source close to the process told Reuters. On Monday, HFSF concluded the sale of a 9% stake in Alpha Bank to UniCredit and announced plans to sell a 20% stake in NBG. A book-building process and a public offering for the sale of the NBG stake which started on Nov. 14 concluded on Thursday, with the final offer price set at 5.30 euros a share, the source said. HFSF, which owns 40% in NBG, sold a total of 201,237,334 shares, raising more than 1 billion euros, according to Reuters calculations.

Persons: Alkis, HFSF, Lefteris Papadimas, Toby Chopra Organizations: National Bank, REUTERS, Rights, Reuters, P Global, Alpha Bank, Fidelity, Norges, Lazard, RWC, Allianz, Thomson Locations: Athens, Greece, UniCredit, NBG, Blackrock

☆ Greece's National Bank attracts strong demand in 20% stake sale - source
▼ + stars: | 2023-11-15 | by ( Lefteris Papadimas | ) www.reuters.com time to read: +2 min

"Demand covered 6.2 times the shares offered," the source involved in the process said on condition of anonymity. On Monday, HFSF concluded the sale of a 9% stake in Alpha Bank to UniCredit and announced plans to sell a 20% stake in NBG. The value of the 20% stake is estimated at about 1 billion euros ($1.09 billion). HFSF currently holds a 40.4% stake in NBG and a 27% holding in Piraeus Bank, (BOPr.AT), Greece's third-largest lender. A source told Reuters on Monday that out of the 20% stake in NBG, 17% would be offered to funds and 3% to retail investors.

Persons: Alkis, HFSF, Greece's, JP Morgan, Goldman Sachs, Morgan Stanley, Lefteris Papadimas, Louise Heavens, Sharon Singleton Organizations: National Bank, REUTERS, Rights, Greece's National Bank, Reuters, P Global, Alpha Bank, Piraeus Bank, UBS, Thomson Locations: Athens, Greece, UniCredit, NBG

☆ Facing fares row, Ryanair hit by new antitrust probe in Italy
▼ + stars: | 2023-09-20 | by ( ) www.reuters.com time to read: +2 min

Ryanair said on Wednesday that internal Italian flights to Sicily would be cut by 10% in its latest winter schedule, blaming the government's planned price cap. Eddie Wilson, the chief executive of Ryanair DAC, the biggest airline in the Ryanair group, said the airline opposed the measure despite the modification. During a visit to Sicily, Wilson contrasted Ryanair's expansion of foreign flights to and from the island with the reduction on domestic routes. "Italian domestic growth has sadly been negatively impacted by the Italian government's unlawful price cap decree to restrict airlines’ freedom to set low air fares," Wilson said in a statement. Ryanair has already reduced its domestic schedule for flights to Sardinia over the winter.

Persons: International Eleftherios Venizelos, Alkis, Eddie Wilson, Wilson, Alvise Armellini, Keith Weir, Cristina Carlevaro, Jason Neely, Barbara Lewis Organizations: Ryanair, Company, Europe's, International Eleftherios, REUTERS, Ryanair DAC, Thomson Locations: Italy, Sicily, ROME, Athens, Greece, Sardinia

REUTERS/Alkis Konstantinidis/File Photo Acquire Licensing RightsWASHINGTON/SYDNEY, Sept 20 (Reuters) - A cross-party delegation of Australian lawmakers that traveled to the United States seeking the release of WikiLeaks founder Julian Assange said they had a productive discussion in Washington with the U.S. Justice Department. The group of Australian lawmakers urged U.S. officials to drop their attempts to extradite Assange from a British prison to the United States, where he is wanted on charges over WikiLeaks' release of confidential U.S. military records and diplomatic cables. "We had a fair hearing and we had a productive discussion," Australian Senator Peter Whish-Wilson said after the meeting. The delegation included lawmakers from the Labor government, the opposition Liberal and National parties, and the Greens. Labor Member of Parliament Tony Zappia said Australians believed Assange, an Australian citizen, had been punished enough and that his charges should be dropped.

Persons: Julian Assange, Alkis, Assange, Peter Whish, Wilson, Tony Zappia, Zappia, Assange's, Anthony Albanese, May, Albanese, Penny Wong, Kanishka Singh, Kirsty Needham, Stephen Coates, Michael Perry Organizations: WikiLeaks, REUTERS, WASHINGTON, U.S . Justice Department, U.S, Labor, Liberal, National, Greens . Labor, Department of Justice, Justice Department, Australian, United Nations General Assembly, Thomson Locations: Britain, U.S, Athens, Greece, SYDNEY, United States, Washington, Australian, Afghanistan, Iraq, Australia, New York, Sydney

☆ Three more bodies found after Greece storm, raising toll to 14
▼ + stars: | 2023-09-10 | by ( ) www.reuters.com time to read: +2 min

[1/5] Locals are evacuated on an excavator from a flooded area, in the aftermath of Storm Daniel, in Larissa, Greece, September 10, 2023. REUTERS/Elias Marcou Acquire Licensing RightsATHENS, Sept 10 (Reuters) - Greek rescue teams recovered the bodies of three more people in central Greece on Sunday, raising the death toll to 14 from the country's most intense rain storm since records began in 1930. Storm Daniel pummelled Greece for three days from Tuesday at the end of the hottest summer ever recorded, leaving a fresh trail of ruin after deadly wildfires. The bodies of an 88-year-old woman and two men, aged 58 and 65, were found near the city of Karditsa, one of the worst-hit areas. Extreme weather events have struck across the globe in recent weeks, with floods in Scandinavia, southeast Europe and Hong Kong.

Persons: Storm Daniel, Elias Marcou, Storm Daniel pummelled Greece, Kyriakos Mitsotakis, Renee Maltezou, Peter Graff Organizations: REUTERS, Rights, Thomson Locations: Larissa, Greece, Karditsa, Thessaly, Scandinavia, Europe, Hong Kong, India

☆ What Israel fears in Jenin and China wants from Yellen
▼ + stars: | 2023-07-04 | by ( ) www.reuters.com time to read: 1 min

Israel continues its raid involving hundreds of commandos and air strikes in the West Bank, saying its cracking down on terrorist groups. China steps up its war with the U.S. over microchips ahead of a visit by U.S. Secretary of Treasury Janet Yellen. Plus the map that’s led to Vietnam banning the new "Barbie" movie. Visit the Thomson Reuters Privacy Statement for information on our privacy and data protection practices. Our Standards: The Thomson Reuters Trust Principles.

Persons: Janet Yellen, Alkis Konstantinidis Organizations: Apple, Google, Reuters, West Bank, U.S, Thomson Locations: China, Vietnam

☆ EU nature law on knife-edge after losing first vote
▼ + stars: | 2023-06-27 | by ( Kate Abnett | ) www.reuters.com time to read: +2 min

The bill to revive ailing environments - which aims to restore nature on 20% of EU land and sea - is facing a political backlash from the European People's Party group in the EU Parliament, which has called for its rejection. In a tight vote, 44 lawmakers voted for the law and 44 against, meaning it failed to win majority support. The bill now heads to a full EU Parliament vote on July 11, where failure to win majority support would kill off the proposal. Supporters from other parliament groups said they would try to club together to find a compromise deal ahead of the full parliament vote. Despite that, EU countries agreed a position on the nature bill last week - weakening some targets and asking for more EU money to support farmers in restoring nature, but backing its overall aims.

Persons: Anne Sander, Cesar Luena, parliament's, Kate Abnett, Bart Meijer, Frank Jack Daniel, Conor Humphries Organizations: REUTERS, Union, European People's Party, European Commission, EPP, Thomson Locations: Hymettus, Athens, Greece, BRUSSELS, Brussels, Ireland, Belgium

☆ Greek conservatives win parliamentary election
▼ + stars: | 2023-05-21 | by ( ) www.reuters.com time to read: +1 min

[1/6] Supporters of New Democracy conservative party react at the party's main election kiosk after the announcement of the first exit polls, in Athens, Greece, May 21, 2023. REUTERS/Alkis KonstantinidisATHENS, May 21 (Reuters) - Greece's conservative New Democracy party achieved a crushing victory in a national election on Sunday, official results showed. New Democracy had a lead of 40.8% of the vote based on 94.3% of the votes counted versus 20.1% for the leftist Syriza party, but fell just short of the threshold needed to form a government on its own. Following are the official results released by the Interior Ministry. Source: Interior Ministry data, with 94.3% of votes countedND: Conservative New Democracy party, leader Kyriakos MitsotakisSyriza: Leftist coalition party, leader Alexis TsiprasPASOK: Socialist party, leader Nikos AndroulakisKKE: Communist party, leader Dimitris KoutsoumbasEL: Right-wing Elliniki Lysi (Hellenic Solution), leader Kyriakos VelopoulosReporting By Athens BureauOur Standards: The Thomson Reuters Trust Principles.

☆ Greek conservatives lead in national election-exit poll
▼ + stars: | 2023-05-21 | by ( ) www.reuters.com time to read: +1 min

[1/4] Supporters of New Democracy conservative party react at the party's main election kiosk after the announcement of the first exit polls, in Athens, Greece, May 21, 2023. REUTERS/Alkis KonstantinidisATHENS, May 21 (Reuters) - Greek conservatives were leading over the leftist Syriza in elections on Sunday, a joint exit poll by six polling agencies showed. The exit poll gave the conservative New Democracy party between 36-40% of the vote versus 25-29% for the leftist Syriza party, which governed the country in 2015-2019, at the peak of Greece's financial crisis. The projections suggested that New Democracy was not likely to win outright. EXIT POLLExit poll conducted by: ALCO, Marc, Metron Analysis, MRB Hellas, Pulse and GPO* ND: Conservative party, leader PM Kyriakos MitsotakisSyriza: Leftist party, leader Alexis TsiprasPASOK: Socialist party, leader Nikos AndroulakisKKE: Communist party, leader Dimitris KoutsoumbasMera25: Leftist party, leader Yanis VaroufakisEL: Right-wing Elliniki Lysi (Hellenic Solution), leader Kyriakos VelopoulosPlefsi Eleftherias, leftist party, leader Zoe ConstantopoulouReporting by Athens newsroomOur Standards: The Thomson Reuters Trust Principles.

ATHENS, March 5 (Reuters) - A Greek railway employee was jailed on Sunday pending trial over a deadly train crash that killed at least 57 people, as Greeks seethed with anger over the worst rail disaster in living memory. Clashes erupted between police and demonstrators in Athens on Sunday, after thousands rallied to protest over the crash. The 59-year-old Larissa station master faces multiple charges of disrupting transport and putting lives at risk. REUTERS/Alkis Konstantinidis 1 2 3 4 5Railway workers say the country's rail network has been creaking under cost-cutting and underinvestment, a legacy of Greece's debilitating debt crisis from 2010 to 2018. Mitsotakis said on Sunday that if there had been a remote system in place throughout the rail network "it would have been, in practice, impossible for the accident to happen".

☆ Thousands protest in Athens after Greece's deadly train crash
▼ + stars: | 2023-03-05 | by ( ) www.reuters.com time to read: +4 min

REUTERS/Alkis KonstantinidisATHENS, March 5 (Reuters) - Clashes erupted briefly between police and a group of demonstrators in central Athens on Sunday on the fringes of a protest by thousands of students and railway workers over Greece's deadliest train crash in living memory. A small group of protesters hurled petrol bombs at police, who responded with tear gas and stun grenades. The train, travelling from Athens to the northern city of Thessaloniki, was packed with university students returning after a long holiday weekend. Railway workers' unions say safety systems throughout the rail network have been deficient for years as a remote surveillance and signalling system has not been delivered on time. Greece would soon announce action, he said, adding that Athens would seek expertise from the European Commission and other countries on improving rail safety.

[1/5] Destroyed carriages are seen on the site of a crash, where two trains collided, near the city of Larissa, Greece, March 3, 2023. Police said 31 bodies have now been identified - almost all from DNA tests as the crash was so violent. Not long before the crash, his son had told him he would be late and would call. In school yards in Athens, students used their bags to write the words "Call me when you get there," a phrase that has become one of the protest slogans. Work continued at the crash site, where rescue staff used cranes to lift some carriages thrown off the tracks.

☆ Snowstorm shuts schools and shops, disrupts traffic in Athens
▼ + stars: | 2023-02-06 | by ( ) www.reuters.com time to read: +1 min

[1/4] A view of the Parthenon temple atop the Acropolis hill during snowfall in Athens, Greece, February 6, 2023. REUTERS/Alkis KonstantinidisATHENS, Feb 6 (Reuters) - Heavy snowfall and plummeting temperatures shut schools and shops in the Greek capital on Monday, with many public services and businesses switching to remote working. Traffic was halted on some central roads and on a national road connecting Athens to central Greece, as storm Barbara swept across the country, blanketing the capital. Fire brigade rescue crews had evacuated four people whose car was stuck in the snow in the Athens suburb of Aspropyrgos, according to state TV ERT. Until Monday's snow, winter in Greece has been unusually mild so far this year.

☆ Greek police search Ryanair passenger plane over bomb threat
▼ + stars: | 2023-01-22 | by ( ) www.reuters.com time to read: +1 min

[1/2] Passengers of a Ryanair plane ride on a bus, after their flight landed at Athens' International Eleftherios Venizelos airport, following a bomb threat in midair, on the outskirts of Athens, Greece, January 22, 2023. REUTERS/Alkis KonstantinidisATHENS, Jan 22 (Reuters) - Police on Sunday were searching a Ryanair (RYA.I) passenger plane that landed at Athens International Airport for any suspicious items after receiving an alert for a bomb threat, police officials said. The plane, which was flying from Katowice in Poland to Greece arrived in Athens escorted by two fighter jets at 5:35 p.m. (1535 GMT). Police were later searching passengers as they were disembarking and their luggage was lined up outside the aircraft. Reporting by Renee Maltezou and Alkis Konstantinidis Editing by Frances KerryOur Standards: The Thomson Reuters Trust Principles.

☆ Greece's last king Constantine II to be buried privately in Athens
▼ + stars: | 2023-01-11 | by ( ) www.reuters.com time to read: +3 min

[1/5] Sons of Greece's former King Constantine II, Crown Prince Pavlos, Prince Nikolaos and Prince Philippos leave the Maximos Mansion following a meeting with members of the Greek government, in Athens, Greece, January 11, 2023. REUTERS/Alkis KonstantinidisATHENS, Jan 11 (Reuters) - Greece's former King Constantine II, who died on Tuesday night aged 82, will be buried privately at a former royal estate north of Athens, the Greek government said on Wednesday. Deposed by military rulers and spurned by his subjects who voted to ditch the monarchy in 1974, Constantine II was the only son of King Paul and Queen Frederica of Greece. Constantine II, godfather to Britain's Prince William and a second cousin to King Charles, would be buried privately in Tatoi, the summer palace of the former Greek royal family, where his ancestors are also laid to rest, the government said. Constantine II was 27 years old and had only recently ascended to the throne, in 1964, when he was forced into exile with a young family in late 1967.

☆ Former King of Greece Constantine II dies at 82
▼ + stars: | 2023-01-10 | by ( ) www.reuters.com time to read: +2 min

[1/5] King Constantine II and Queen Anne-Marie arrive at Fredensborg Castle in Denmark to a dinner given to celebrate the 75th birthday of Queen Margrthe II of Denmark on April 16th, 2015. Ritzau Scanpix 2023/Thomas Lekfeldt via REUTERSATHENS, Jan 10 (Reuters) - Greece's former King Constantine II, whose nine-year reign coincided with one of the most turbulent periods in the country's political history, died on Tuesday aged 82, state website ERT news reported. Constantine II, the only son of King Paul and Queen Frederica of Greece, ascended to the throne in 1964 after his father died but his reign was marred by political instability which culminated in a military coup on April 21, 1967. With his wife Queen Anne-Marie of Greece, the former king, a sailor whose team won a gold medal at the 1960 Olympics, had five children. Constantine, Prince William's godfather, and his family had lived in London for years, before returning to Greece.

☆ 2022 from above: Our best aerial photos of the year
▼ + stars: | 2022-12-31 | by ( Jeremy Schultz | ) www.reuters.com time to read: 1 min

Sand begins to surround houses close to the town of Ambovombe, Androy region, Madagascar, February 15. Madagascar has always known extreme weather events, but scientists say these will likely increase as human-induced climate change pushes...moreSand begins to surround houses close to the town of Ambovombe, Androy region, Madagascar, February 15. Madagascar has always known extreme weather events, but scientists say these will likely increase as human-induced climate change pushes temperatures higher. Four years of drought, along with deforestation caused by people burning or cutting down trees to make charcoal or to open up land for farming, have transformed the area into a dust bowl. REUTERS/Alkis KonstantinidisClose

☆ A picture and its story 2022
▼ + stars: | 2022-12-06 | by ( Jeremy Schultz | ) www.reuters.com time to read: +1 min

I flew to Edinburgh the next morning, where the hearse carrying her coffin from Balmoral Castle was expected to arrive two days later. This would be the first moment that the world would see the Queen’s coffin itself, outside of the hearse. After we had waited for hours, the hearse drove down the Royal Mile, the main road leading to Holyroodhouse. The castle gates opened and the hearse stopped outside, where Princess Anne and princes Edward and Andrew were waiting for their mother. When the hearse was opened, soldiers of the Royal Regiment of Scotland lifted out the Queen’s coffin.

☆ Pictures of the year: Aerials
▼ + stars: | 2022-12-05 | by ( Jeremy Schultz | ) www.reuters.com time to read: 1 min

☆ Greece's National Bank issues 200 mln sterling notes
▼ + stars: | 2022-11-25 | by ( ) www.reuters.com time to read: 1 min

[1/2] The logo of National Bank is seen outside a branch in Athens March 23, 2015. REUTERS/Alkis KonstantinidisATHENS, Nov 25 (Reuters) - National Bank (NBG) (NBGr.AT), Greece's second-largest lender by market value, on Friday issued 200 million pounds ($241.6 million) of notes which will mature in 4-1/2 years. It is the first sterling-denominated offer from a Greece-based issuer since 2009, with 70% of the senior preferred notes taken up by foreign investors, National Bank said in a statement. The final cost for the issue came at 6.97%. ($1 = 0.8278 pounds)Reporting by Angeliki Koutantou; Editing by Kirsten DonovanOur Standards: The Thomson Reuters Trust Principles.

ATHENS, Nov 9 (Reuters) - Greek workers went on a day-long strike on Wednesday, demanding higher wages to cope with surging inflation, as Europe's soaring energy prices and living costs trigger industrial action and protests across the continent. In Athens, thousands of people marched in the second 24-hour walkout this year over rising inflation, some holding up banners that read, "No to layoffs, no to pay cuts." The General Confederation of Greek Workers union (GSEE), which represents private sector workers, said unions had called the strike in protest "against the inflation suffocating Greek households, the jungle-like conditions in the labour market," referring to labour laws. [1/5] Members of the communist-affiliated trade union PAME shout slogans as they demonstrate during a 24-hour general strike, in Athens, Greece, November 9, 2022. "Making it to the end of the month means your wages will last you until the last day of the month.

☆ Crew killed in cargo plane crash in Greece, airline Meridian says
▼ + stars: | 2022-07-17 | by ( ) www.reuters.com time to read: 1 min

[1/2] Debris is seen at the crash site of an Antonov An-12 cargo plane owned by a Ukrainian company, near Kavala, Greece, July 17, 2022. REUTERS/Alkis KonstantinidisKYIV, July 17 (Reuters) - All the crew were killed when an Antonov An-12 cargo plane crashed in northern Greece late on Saturday, an official at Ukraine's Meridian cargo airline said on Sunday. read more"Of course they didn't survive this," the official told Reuters by telephone, declining to comment further. Reporting by Max Hunder Writing by Tom Balmforth Editing by David GoodmanOur Standards: The Thomson Reuters Trust Principles.

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