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Greece - Cristal Union pays EUR40 mln for Hellenic Sugar

2013-05-14 09:21:37| Sugar Industry News

Cristal Union of France is the successful bidder for a majority share in the Hellenic Sugar Industry (HSI). In April the Agriculture Bank of Greece announced the agreement to transfer more than 30 mln common shares to Cristal Financire, a subsidiary of the French Sugar Cooperative. Cristal Union had offered a principal of EUR40 mln for the stake. KSC of Poland and Litex Commerce of Bulgaria have been selected as \"stand by\" candidates, pending final approval of the sale.

Tags: pays union greece sugar

 

Greece and Cyprus bailout funds due

2013-05-13 02:52:17| BBC News | Business | UK Edition

Eurozone finance minsters are due to meet in Brussels later to agree bailout payments for Cyprus and Greece, amid worries over Slovenia.

Tags: due funds greece cyprus

 
 

Greece making 'progress' on economy

2013-05-06 16:22:02| BBC News | Business | UK Edition

Debt-laden Greece is making progress to improve its finances, but the country must do more to fight tax evasion, the International Monetary Fund says.

Tags: making progress economy greece

 

Greece sells gambling monopoly stake

2013-05-01 17:17:17| BBC News | Business | UK Edition

Greek-Czech investment fund Emma Delta snaps up 33% of Greek gambling monopoly Opap in Greece's first big privatisation.

Tags: greece sells gambling stake

 

VIDEO: Greece to cut 'bloated' public sector

2013-04-29 09:18:27| BBC News | Business | UK Edition

Greek lawmakers have agreed to cut thousands of jobs in the civil service to secure another 8.8bn euros (7.4bn; $11.4bn) in bailout funds.

Tags: video public cut sector

 

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