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Search resuls for: "— Greece"


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ATHENS, Greece (AP) — Greece completed a major privatization Friday, selling its 30% stake in the biggest airport operator in the tourism-reliant country during an initial public offering, officials said. Shares in Athens International Airport are expected to begin trading on the Athens stock exchange starting Wednesday, the airport said in a statement. Finance Minister Costis Hadzidakis said the listing of a new blue chip stock would provide a strong boost to Greek capital markets. The initial public offering drew demand that exceeded the number of shares available, raising 785 million euros ($848 million) for Greece's state HRADF privatization fund. Photos You Should See View All 45 ImagesSome 32 million tourists visited Greece in 2023, up from about 28 million a year earlier.
Persons: Costis Hadzidakis, HRADF Organizations: , Finance Locations: ATHENS, Greece, — Greece, Athens
ATHENS, Greece (AP) — Greece’s main left-wing opposition party, Syriza, suffered a damaging setback Thursday when nine lawmakers quit the party in protest against its newly elected leadership. But he has failed so far to halt the party’s decline in popularity in the wake of a crushing general election defeat in June. Syriza has since dropped to third place behind Socialist opponents in opinion polls, boosting the dominance of Prime Minister Kyriakos Mitsotakis’ conservative government. On Thursday, Effie Achtsioglou, a former Syriza labor minister, led the walkout as nine lawmakers declared themselves independent. He resigned following his third successive general election defeat.
Persons: Stefanos Kasselakis, Syriza, Kyriakos Mitsotakis, Effie Achtsioglou, Euclid Tsakalotos, Alexis Tsipras, Syriza’s, Tsipras Organizations: Miami, Socialist, Syriza Locations: ATHENS, Greece
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