Piraeus Port Authority

Four suitors for Thessaloniki Port, Cosco is not involved

Four bids are expected to be tabled this week for the 67 percent stake in Thessaloniki Port Authority, Kathimerini understands.

The deadline of the tender - which has been going on since the summer of 2014 - is this Friday at 7 p.m. and the binding bids will be tabled at Morgan Stanley in London.

Greek economy minister sees deal with EU/IMF on reforms next week

Greece should reach a deal with its eurozone partners and the International Monetary Fund next week on a package of reforms, which will help to unlock remaining bailout funds, the country's economy minister said on Wednesday.

"I think talks will lead to a deal next week. The agreement will close on (Greek Orthodox) Easter week," Economy Minister George Stathakis told Skai TV.

Stocks claw back bulk of early losses

Black Tuesday’s sell-off continued during early trade on Wednesday at the Athens bourse, with the benchmark down more than 4 percent at one point. However, most stocks managed to contain their losses, and gains by some of the previous day’s biggest losers, including MIG and PPC, limited the damage to a drop of just 1 percent at the end of the session.

Stocks inch up in slow trade

The local stock market saw little reason to buy into Friday’s news of the country’s official return to growth, with the weak momentum abating but taking the benchmark just over 890 points while trading volume ended at the lowest level of the last seven sessions.

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