Tuesday March 3, 2015 Search
Weather | Athens
11o C
6o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
Stournaras eyes loans at Eurogroup as Samaras prepares for China

As Finance Minister Yannis Stournaras prepares to meet with his eurozone counterparts again in Brussels on Monday for the anticipated approval of further rescue funding, Prime Minister Antonis Samaras is busy preparing for a much-awaited visit to China where he hopes to prospect for investments and promote Greece as a bridge to Western Europe for the booming Asian economy.

Athens is hopeful that Mondays Eurogroup summit will give the green light for the release of a 4.2-billion-euro loan tranche. Stournaras and his team have been scrambling to sign off all the ministerial decisions and circulars that implement the provisions of a multi-bill voted through Parliament last month though there are still fears that objections might be raised in Brussels that some of the agreed-to measures are not being enforced.

In view of this uncertainty, it remains unclear whether Stournaras will press his eurozone peers to approve another 3.3-billion-euro installment of aid slated for the second quarter of 2013, as he had suggested he would last week.

Greeces delegation to China appears to be traveling with fewer concerns. Samaras is flying to Beijing on Wednesday flanked by around 60 Greek entrepreneurs from several sectors including shipping, tourism, banking and new technologies, as well as officials of the state privatization fund, TAIPED. The premier harbors high hopes for his five-day visit to China, which will include talks with Chinese government officials and entrepreneurs, Kathimerini understands. The fact that Samaras is the second European leader, after French President Francois Hollande, to be invited to Beijing by the countrys new political leadership, is being interpreted as a promising sign for Greece and its hopes to boost trade ties with China. The Chinese have reportedly expressed particular interest in the tourism sector with Chinese travel agencies said to be keen to offer more Greek packages. There is also said to be strong Chinese interest in Greek regional ports and airports following the successful investment by shipping firm Cosco in the cargo terminals of Piraeus.

The strengthening of business ties between Greece and China come amid reports that several American and European investors businesses and hedge funds are planning strategic moves in the Greek market.

ekathimerini.com , Saturday May 11, 2013 (16:00)  
Greek government searches for funds amid fresh speculation about third bailout
Ankara backpedals on Aegean military drill
Ties between terror groups probed
Judges indict 21 over Skouries gold mine attack
PMI records drop in orders but rise in jobs
New activity in Greek manufacturing last month posted the sharpest decline since July 2013, according to the Markit research firms Purchasing Managers Index (PMI). The main reason for that ...
Fur exports to be hurt by ruble decline
The sliding ruble is expected to hurt Greek fur exports, which account for 10 percent of the global market. "This year is very difficult for enterprises in the fur sector due to the devaluat...
Inside Business
BASKETBALL
Waters turns from zero to hero for Kolossos Rhodes
For 40 minutes he was a real disappointment for his coach, Aris Lykoyiannis. His shooting rate was a miserable 1 in 10 two-point shots and he had made no three-pointers. On top of that he co...
SOCCER
Super League clubs promise to combat violence, again
The Super League clubs agreed on Monday to a blueprint of proposals for combatting violence in soccer grounds and will present it to Deputy Minister Stavros Kontonis to ask for the top fligh...
Inside Sports
COMMENTARY
Three options for the PM
There is one thing of which I am completely certain. If we want Greece to remain a member of the eurozone and to advance, the government faces a Herculean task. Prime Minister Alexis Tsipras...
EDITORIAL
Destination unknown
Alexis Tsiprass government is floundering in its own contradictions and risks taking the country down with it. The prime minister took on the responsibility of an agreement with our partner...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
RECENT NEWS
1. Waters turns from zero to hero for Kolossos Rhodes
2. Greek government searches for funds amid fresh speculation about third bailout
3. Ankara backpedals on Aegean military drill
4. Ties between terror groups probed
5. Judges indict 21 over Skouries gold mine attack
6. PMI records drop in orders but rise in jobs
more news
Today
This Week
1. Greece to make international protest over Turkey reserving Aegean air space
2. Greek reforms could prompt bailout payment in March, says Dijsselbloem
3. EU Commission: seeking unity in EU after Spain, Portugal clash with Greece
4. Schaeuble urges Greece to implement reforms during extension
5. Next Greek aid deal will emerge in coming months, Moscovici says
6. ECB uncomfortable with leading role in Greek funding drama
Today
This Week
1. Greece to make international protest over Turkey reserving Aegean air space
2. A fierce battle looms
3. SYRIZA feeling the pain
4. Spain said to lead push to hold Greece to terms as Podemos grows
5. The unlikely winners of Greece's surrender on euro
6. Tsipras reversal draws Greek sympathy as party rumblings rise
Find us ...
... on
Twitter
... on Facebook
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright 2015, H KAΘHMEPINH All Rights Reserved.