09/02/2012 07:01
The major issues in today’s financial press are the Extraordinary General Meeting of Marfin Popular Bank and the interest of Aeroflot and Middle East Airlines in acquiring CAIR.
The “Economy” inset of newspaper “Phileleftheros” refers to the Extraordinary General Meeting of Marfin Popular. According to the report, the new Board of Directors aims to find private capital of €2 billion by June. The new meeting shows that the new management is supported by the Cypriot shareholders and MIG.
Elsewhere the newspaper reports that the Finance Ministry is considering improving the law on public debt management.
Other headlines:
- Contractors’ invitation for talks
- PEO proposals to halt unemployment
- Green light for investment in CAIR
- Economy goes through growth
The newspaper “Politis” refers to the interest that the Russian Aeroflot and the Lebanese Middle East Airlines have expressed in acquiring CAIR. According to the report, the interest of those companies is mostly due to the time slots of CAIR at Heathrow and the ability, as European company, to execute flights to and from the European airports.
The “Economy” inset of the newspaper refers to the sum paid for the unemployment benefit in 2011. According to Social Insurance data, €12 million more were spent for the unemployment benefit in 2011 than in 2010.
Other headlines:
- Marfin will try to succeed
- With bills and administrative acts economy will be strengthened. S. Stephanou said
- Difficult to avoid strikes in constructions
- 115m to poverty line – One in four is poor in Europe 2010
The “Economy” inset of newspaper “Simerini” reports that the Council of Ministers approved the sale of CAIR to strategic investor. According to the report, it also decided to increase the Company’s share capital to €20-€30m, since according to sources released by EDEK, its liquidity will be zero in two months.
The newspaper also highlights that the mini memorandum will undermine dramatically the standard of living of the Greeks.
Other headlines:
- Growth to Council of Ministers soon
- Marfin: Baltussen holds proxy from Dubai Financial
- No labour peace yet – Contractors’ letter to trade unions
- CSE down
The “Economy” inset of newspaper “Haravgi” reports that the Council of Ministers approved the share capital increase in CAIR and the start of negotiations with strategic investor.
“Haravgi” also reports that VAT will increase from 15% to 17% from March 1.
Other headlines:
- AKEL welcomes plans against unemployment
- Bill for receivers soon
- Growth is a main pillar of the economy
- Malev returns money
The “Economy” inset of newspaper “Alithia” refers to the strike sin construction industry. According to the report, the contractors’ effort to lift strikes scheduled for February 14 is not successful since the trade unions reject their invitation for talks.
Elsewhere the newspaper reports that Malev will return money to all those who had bought air tickets.
Other headlines:
- Marfin goes well
- Growth measures underway
- VAT at 17% from March 1
- New leadership in PASE - CYTA
The “Economy” inset of newspaper “Phileleftheros” refers to the Extraordinary General Meeting of Marfin Popular. According to the report, the new Board of Directors aims to find private capital of €2 billion by June. The new meeting shows that the new management is supported by the Cypriot shareholders and MIG.
Elsewhere the newspaper reports that the Finance Ministry is considering improving the law on public debt management.
Other headlines:
- Contractors’ invitation for talks
- PEO proposals to halt unemployment
- Green light for investment in CAIR
- Economy goes through growth
The newspaper “Politis” refers to the interest that the Russian Aeroflot and the Lebanese Middle East Airlines have expressed in acquiring CAIR. According to the report, the interest of those companies is mostly due to the time slots of CAIR at Heathrow and the ability, as European company, to execute flights to and from the European airports.
The “Economy” inset of the newspaper refers to the sum paid for the unemployment benefit in 2011. According to Social Insurance data, €12 million more were spent for the unemployment benefit in 2011 than in 2010.
Other headlines:
- Marfin will try to succeed
- With bills and administrative acts economy will be strengthened. S. Stephanou said
- Difficult to avoid strikes in constructions
- 115m to poverty line – One in four is poor in Europe 2010
The “Economy” inset of newspaper “Simerini” reports that the Council of Ministers approved the sale of CAIR to strategic investor. According to the report, it also decided to increase the Company’s share capital to €20-€30m, since according to sources released by EDEK, its liquidity will be zero in two months.
The newspaper also highlights that the mini memorandum will undermine dramatically the standard of living of the Greeks.
Other headlines:
- Growth to Council of Ministers soon
- Marfin: Baltussen holds proxy from Dubai Financial
- No labour peace yet – Contractors’ letter to trade unions
- CSE down
The “Economy” inset of newspaper “Haravgi” reports that the Council of Ministers approved the share capital increase in CAIR and the start of negotiations with strategic investor.
“Haravgi” also reports that VAT will increase from 15% to 17% from March 1.
Other headlines:
- AKEL welcomes plans against unemployment
- Bill for receivers soon
- Growth is a main pillar of the economy
- Malev returns money
The “Economy” inset of newspaper “Alithia” refers to the strike sin construction industry. According to the report, the contractors’ effort to lift strikes scheduled for February 14 is not successful since the trade unions reject their invitation for talks.
Elsewhere the newspaper reports that Malev will return money to all those who had bought air tickets.
Other headlines:
- Marfin goes well
- Growth measures underway
- VAT at 17% from March 1
- New leadership in PASE - CYTA
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