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Athens News Agency: News in English, 11-05-24

Athens News Agency: News in English Directory - Previous Article - Next Article

From: The Athens News Agency at <http://www.ana.gr/>

CONTENTS

  • [01] Samaras: No to consensus leading
  • [02] Credit Agricïle proposes acquisition of further 4pct stake in subsidiary Emporiki Bank 

  • [01] Samaras: No to consensus leading

    (ANA-MPA) -- Main opposition New Democracy (ND) leader Antonis Samaras on Tuesday again rejected government overtures for his party's consensus for the eagerly expected and new batch of urgent privatisations, speaking immediately after the conclusion of a meeting with Prime Minister George Papandreou.

    "I will not agree with the proven erroneous recipe of the (EC-ECB-IMF) Memorandum," he said, adding that the government is subjecting the people to new sacrifices without any prospect, "as past mistakes are merely being repeated."ana-mpa

    "Society demands consensus in order to change (the country's) direction and not consensus for the leadership so we'll remain stuck in the same process".

    More details on the subscriber's page of ANA-MPA | Subscription request form

    

    [02] Credit Agricïle proposes acquisition of further 4pct stake in subsidiary Emporiki Bank

    ÁÍÁ-ÌPÁ/The Credit Agricole Group on Tuesday submitted to the Capital Market Commission a plan for holding a voluntary public proposal for acquisition of the remaining 4 percent share stake in its Greek subsidiary Emporiki Bank.

    The proposal is for 1.76 euros per share, which represents a premium of approximately 30 percent.ana-mpa

    Credit Agricole currently holds some 91 percent of Emporiki's shares and, exclusively for the purposes of the Public Proposal, is acting in coordination with the 5 percent shareholder Sacam, as required under Greek law.

    More details on the subscriber's page of ANA-MPA | Subscription request form


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