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Athens Macedonian News Agency: News in English, 14-05-15

Athens News Agency: News in English Directory - Previous Article - Next Article

From: The Athens News Agency at <http://www.ana.gr/>

CONTENTS

  • [01] National Bank shareholders approve share capital increase
  • [02] Delta Airlines announces summer flights schedule between Athens, JFK

  • [01] National Bank shareholders approve share capital increase

    ANA-MPA -- National Bank of Greece shareholders approved the completion of a 2.5-billion-euro share capital increase plan at an offer price of 2.20 euro per new share during a general meeting held on Saturday. The bank's equity offering, through a successful book building process held on May 6-8, was oversubscribed almost from the start.

    Following these developments, National Bank becomes the bank with the second largest free flow in the market, as the Hellenic Financial Stability Fund (HFSF) participation in the bank's capitalisation fell to 57 pct, from 84.376 pct.

    NBG Board Chairman George Zanias stressed that the "country's successful response to the huge challenge of stabilising the economy and the very rapid improvement in the investment climate lend support to a transition by the financial system to the next chapter, which is none other than the recovery and active support of the economy."

    He said the signs of a start of a "virtuous cycle" for the Greek economy after a particularly painful period of adjustment had now started to take form as tangible economic results, with Greek paper having a global lead in terms of their performance.

    "As a result, the Greek state and the increasing number of quality Greek enterprises, financial or otherwise, are in a position to draw funds from international markets at an ever more competitive cost," he added, noting that NBG had carried out bold reforms designed to make inroads into what he termed Greece's "last great deficit," that of foreign direct investments.

    [02] Delta Airlines announces summer flights schedule between Athens, JFK

    10.0pt;font-family:Verdana;mso-bidi-font-family:"Courier New";color:#0F1419; ANA-MPA -- Delta Ailrines announced on Thursday the summer period seasonal flights schedule, connecting Athens International Airport with JFK airport in New York.

    10.0pt;font-family:Verdana;mso-bidi-font-family:"Courier New";color:#0F1419; The daily flight is scheduled to depart from Athens at 11:35 am and arrive in New York at 3:14 pm (local time), while the departure from New York will be at 4:20 am (local time) to arrive in Athens at 9:14 am (the following day).

    10.0pt;font-family:Verdana;mso-bidi-font-family:"Courier New";color:#0F1419; The two daily flights will run during the whole summer period in co-operation with Delta's partners, Air France, KLM and Alitalia.


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