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Greek betting firm OPAP's board approves licence deal
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Reuters - 30/09/2011 10:20:12
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* Approved govt deal on concession, videolotto licence
* Agreed to pay 935 million euros for the licences
* Shares up 2.3 percent


ATHENS, Sept 30 (Reuters) - Greek betting company OPAP on Friday confirmed its board approved a deal with government to pay 935 million euros to extend its monopoly and buy a new videolotto licence.

An OPAP official had told Reuters late on Thursday the board gave initial approval to the multi-billion euro deal with the government. (news)
"At yesterday's meeting, OPAP's board ... decided to accept the proposals of the Greek state", OPAP said in a bourse filing.

To renew its concession by 10 years until 2030, OPAP agreed to pay 375 million euros and a 5 percent fee on its games' gross profit from 2020 to 2030.

Partly state-owned OPAP, one of Greece's most precious listed assets, is key to the country's efforts to raise 4 billion euros from privatisations this year and convince its international lenders it is meeting its obligations to receive a new tranche of an EU/IMF bailout.

OPAP said the cost for the videolottery terminals will be 560 million euros, with 474 million paid upfront after the deal is signed. The rest will be paid two years after the VLTs licence is put into force.

At 0756 GMT, shares in OPAP rose 2.3 percent to 7.72 euros, outperforming the Athens bourse general index which shed 0.50 percent.

"The price is a bit higher that what was suggested but the deal is positive since it adds value to the firm and improves visibility," said HSBC analyst Paris Mantzavras.

OPAP said there were still some parts of the deal that needed to be finalised.
 
buongiorno a tutti ciao giub l'ecg presenta delle grosse aritmie il malato e' in condizioni critiche adrenalina a palla da somministrare pero' non tutto e' perduto le cure saranno lunghe il malato tra un paio di mesi potrebbe uscire dal coma speriamo che il malato passi dalla rianimazione in corsia il cuore e' sotto stress ma ancora batte finche' non si stacca la spina va avanti e per staccare la spina bisogna che gli altri gliela stacchino per adesso si continua con le cure
 
Germania, vediamo raffreddamento crescita economia -Schaeuble

venerdì 30 settembre 2011 10:10






BERLINO , 30 settembre (Reuters) - Il ministro delle Finanze tedesco Wolfang Schaeuble dice che la situazione sui mercati finanziari internazionali è ancora causa di preoccupazione ed è un dovere della Germania di fare tutto ciò che è umanamente possibile per combattere la crisi.
In un discorso al Bundesrat, o Camera Alta del Parlamento, il ministro ha aggiunto che l'economia tedesca sta rallentando.
Il Bundesrat voterà oggi sul fondo di salvataggio per la zona euro dopo il via libera ieri della Bundestag.
 
Greek FinMin Satisfied By EFSF Developments



Greek Finance Minister Evangelos Venizelos expressed his satisfaction and his optimism for the completion of the ratifications of EFSF’s new institutional framework, since the decisions of July 21 are of vital importance for the euro and the euro area.

Moreover, Venizelos, also Deputy Prime Minister made a connection between the result of the vote in the German Parliament with the fact that Greece has sent a very clear and decisive message at an international level that it meets its obligations that stem from the support mechanism.

Those are not obligations towards the troika, Greece’s institutional partners and creditors, but towards the country itself and most of all towards its young generation.

(capital.gr)
 
EU΄s Barroso: Eyeing Ways To Use EFSF More Efficiently



FRANKFURT (Dow Jones)-The funds in the European Financial Stability Facility, the euro zone΄s temporary bailout fund, should be used more efficiently, the President of the European Commission, Jose Manuel Barroso tells Germany΄s Sueddeutsche Zeitung in an interview published Friday.

The funds "should be used more efficiently and we are examining multiple options" on how this can work, he says. Barroso, however, wouldn΄t provide more detail on options being explored.

Barroso says that, as a way of bolstering the union, "perhaps" a new treaty is in order, but he says this "cannot be the immediate answer to the crisis. Otherwise we delay the aid measures."

He says Europe is only "convincing, if we have strong institutions." He says he thinks governments are able to learn and that they have understood that "they must reduce their deficits." He says in the coming weeks the commission will make proposals for a more coordinated economic policy, not only for the 17 countries that use the common currency, but also for the 27 states in the European Union.
 
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