ECONOMY

MIG chief calls for a political truce

Andreas Vgenopoulos, vice president of Marfin Investment Group, which is Greece’s largest buyout group, asked yesterday for a state of emergency to be called in Greece and for all political leaders to «sign a truce» and sit around the same table so that they can agree on a national strategy to counter the possible effects of the global economic crisis. He was speaking at the Money Show, which is being held in Thessaloniki. Meanwhile, his group on Friday announced a 59.3 percent rise in earnings before interest, tax, depreciation and amortization for the first three quarters of the year. Group profits reached 190 million euros from 127.3 million euros in the same period in 2007.

Subscribe to our Newsletters

Enter your information below to receive our weekly newsletters with the latest insights, opinion pieces and current events straight to your inbox.

By signing up you are agreeing to our Terms of Service and Privacy Policy.