the competition commission
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M&A Summit in Athens next week
Can Greece be a pole of attraction in the field of mergers and acquisitions? What is the strategy that leads to a successful deal? Is the future of M&A "green"? These are just some of the questions the Mergers & Acquisitions Summit will attempt to answer.
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Mergers and Acquisitions Summit in Athens next week
Can Greece be a pole of attraction in the field of Mergers & Acquisitions? What is the strategy that leads to a successful deal? Is the future of M&A 'green'? These are just some of the questions that the participants of the "Mergers & Acquisitions Summit" will attempt to answer.
Gov’t welcomes investigations into fraud allegations, says Marinakis
The government welcomes any investigation into allegations of fraud linked to the way €2.5 billion in European Union funds has been awarded to just 10 companies in Greece, Government spokesman Pavlos Marinakis has said.
Banks shift to monthly fees
Greek banks are now promoting fixed monthly charges instead of ad hoc fees per transaction, under the burden of fines from the Competition Commission, the backlash from their customers and pressure from the government.
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Cost of baby formula is steep
Parents in Greece pay for baby formula up to three times as much as in other European countries including countries like Finland and Sweden, according to a price survey carried out in November in three price collections by Greece's Competition Commission, a finding that shows that the market in question is anything but operating competitively in Greece.
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Enel completes sale of stake in Greek subsidiary
Italy's Enel group announced on Friday that, through its wholly owned subsidiary Enel Green Power (EGP), it has completed the sale of 50% of Enel Green Power Hellas (EGPH), wholly owned by EGP, to Macquarie Asset Management, through Macquarie Green Investment Group Renewable Energy Fund 2 (MGREF2), after the fulfillment of all conditions customary for this type of transaction, including approva
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PM hails Competition Commission’s fines on banks for market transparency
Prime Minister Kyriakos Mitsotakis has welcomed the decision made by the Competition Commission on Thursday to impose fines totaling 41.7 million euros on five Greek banks, including four systemic ones, and the Hellenic Bank Association for engaging in concerted practices in interbank systems, payment, and electronic transaction services.
Competition Commission fines Greek banks 41.7 million euros for concerted practices
The Competition Commission late Thursday imposed fines totaling 41.7 million euros on five Greek banks, including four systemic ones, and the Hellenic Bank Association. The penalties were related to concerted practices in interbank systems, payment, and electronic transaction services.
Intrakat’s acquisition of Aktor gets watchdog’s nod
Intrakat announced on Wednesday that the acquisition of all the shares of Aktor has been approved by the Competition Commission, thus putting the Intrakat Group's vision of creating a strong pillar in construction in Southeast Europe on track for immediate completion, which will generate value for the economy and the country.
Data highlight greedflation
Corporate profits accounted for 50% of Greece's GDP price deflator - the tool measuring the extent to which the economy's growth is due to price hikes - in the first quarter of 2023, a percentage that is the third highest among EU member-countries, according to the Greek market watchdog.
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