It is a matter of a few days, according to information in the column, to officially announce the new CEO of Hellenic Bank, subject to the approval of his appointment by the European Central Bank. According to information in the column, the management of the group has reached a short list of key candidates, which includes Cypriot and foreign bankers. Our information, however, states that the name that will be announced will be a surprise, in the sense that his name has not seen the light of day, something that excludes the name of Konstantinos Loizidis, but also of the transitional executive director of Elliniki Phoebus Stassopoulos.
The judicial justification of Nikos Siakolas
Potentially slower than ever, will think the businessman Nikos K. Siakolas, who saw with great satisfaction the complete rejection for the second time, since 1986, of the Federal Bank of Lebanon sal against him as a guarantor of the Greek company Hellas Eurotrade Ltd , amounting to US $ 40,388,722.85, with expenses against it. The court found for the second time, 20 years after the conclusion of the first trial, that the claim of the plaintiff Federal Bank of Lebanon SAL (which was originally for an amount of approximately US $ 598,729 claim account balance, but, with its claim plaintiff interest payment from 1977, which eventually amounted to US $ 40,388,722.85), had not been proven since “the plaintiff debited the Hellas Eurotrade Ltd account with heaps of illegal and unconventional interest and commissions and handled exchange rates at the test, as a result of which it is not able to substantiate its position that Hellas Eurotrade Ltd owes it the requested amount or any other amount under this account. In his final decision, the President of the Nicosia District Court stated that the claim of the plaintiff was rejected with costs against the plaintiff and in favor of the defendant, as they would be calculated by the Registrar and approved by the court. Mr. Nikos K. Siakolas was represented in court by Mr. Andreas Dimitriou and Ms. Nedi Koukouma, of the law firm Ioannidis Dimitriou D.E.P.E., supported by Mr. Pampos Ioannidis, who, together with Mr. Andreas Dimitriou, had represented Mr. Nikos K. Siakolas at the first hearing of the lawsuit, in 2000.
Shares of Lordos Plastics
One million shares of LORDOS UNITED PLASTICS PUBLIC LTD changed hands, according to a press release sent by the company to the CSE. Specifically, the president of LORDOS UNITED PLASTICS PUBLIC LTD, Dimitris Lordos, proceeded to the sale of one million shares, with a nominal value of € 0.12. The transaction took place on 01/02/2021. The disclosure was made in the context of the regulation on the transaction of persons acting as directors to the issuer / transactions of shareholders holding more than 5% in the issuer. At the time of writing, it was not known who bought the shares in the company, in which the Holy Archdiocese is a major shareholder. Yes, I thought what you thought. You say?
€ 1 billion the Democratic Republic
The new reference bond of Cyprus attracted offers from a very high quality and diversified series of investors, as announced by the Public Debt Management Office. According to a relevant announcement, 85% of the offers came from investors outside Cyprus, the majority of which were from the United Kingdom and the Scandinavian countries. The percentage of bids from the United Kingdom was 22%, from Scandinavia 17%, from Cyprus 15%, from Belgium, the Netherlands and Luxembourg 14%, from Germany, Austria and Switzerland in 14%, from Greece and Italy 8% and from France 5% In terms of the category of investors, the majority of participants were fund managers, followed by banks / private banks as well as central banks / public bodies. The percentage of offers from fund managers amounted to 35%, from banks 21%, from central banks and public bodies 21%, from insurance companies and pension funds 17% and from hedge funds 6%. It was also noteworthy that the Republic of Cyprus borrowed at the historically lowest interest rate on a five-year bond, which shows that abroad investors do not see everything black in the economy, compared to how the opposition sees things. On the other hand, of course, the opposition may suggest that although it is the lowest interest rate in history, the Republic of Cyprus continues to borrow more expensively than most eurozone countries as only Italy and Greece borrow on worse terms. The issue, however, is that there is stability in the country as rating agencies do not give chestnuts. However, I hope we do not see phenomena, next week, of the type “I will vote for the bill on state guarantees, it is enough to give the naturalization files to the auditor general”.
Averoff flashed and thundered
DISY president Averof Neophytou launched a fierce attack against AKEL and the Democratic Party, speaking on the show Insider on Active. Mr. Neophytou stated that the problem of corruption in Cyprus did not arise from the issue of naturalization, but pre-existed and that he assumes his share of responsibility, as president of the largest party in Cyprus.
He accused AKEL that on the one hand it did not respect the court's previous convictions against its members and on the other hand that it protested against corruption after the Al Jazeera documentary where the main protagonist was its MP. For DIKO and its president Nikolas Papadopoulos, he stressed that he personally has no problem and is in favor of giving the naturalization files to the auditor general, stressing that since there is a different opinion from the attorney general, the issue should be referred to the Supreme Court. He also accused him that by insisting on the issue, he wanted to lead the country into adventures and leave businesses without support and citizens without allowances, salaries and pensions. “Unfortunately we see in Cyprus that there is an imported toxicity from Greece. There is no more toxicity in Greece and we introduced it “, clearly photographing the current adviser of Nikolas Papadopoulos and former adviser of the former Prime Minister of Greece Alexis Tsipras. What I also keep from the interview is that, in response to what they accuse him of being a man in the background, he emphasized that this is not the case. “I do everything I do away from the limelight for the good of our Cyprus and not to gain personal benefit,” he stressed.
How Averoff was interviewed
For the interview, however, of Averof Neophytos we will try for another week to reveal to you what personalities of the political, state and sports life of the place did not want to say.
Nikos Anastasiadis, President of the Republic of Cyprus: When I was talking about visitors from Greece, some people attacked me, Socrates.
Averof Neophytou, president of DISY: I made the statements, I can not comment on myself.
Andros Kyprianou, secretary general AKEL: I would recommend to Mr. Neophytou to focus on APOEL not going for graduation and to leave AKEL alone.
Nikolas Papadopoulos, President of DIKO: To give the naturalization files to the Auditor General.
Marinos Sizopoulos, president of EDEK: I would not like to comment on an interview that does not accuse Dimitris Papadakis.
Eleni Theocharous, President of Solidarity: I will tell you in English, Socrates. All dogs one generation.
George Lillikas, president of the Citizens' Alliance: If they had listened to me when I was talking about the pre-sale of natural gas, no one would have dealt with the passports.
Charalambos Theopemptou, President of Ecologists: No party other than Ecologists has any contact with the environment.
Christos Christou, president of ELAM: We want to import immigrants only from Greece and not toxicity.
Archbishop Chrysostomos B: If they continue like this, I will demolish the buildings of all parties.
Prodromos Petridis, president of APOEL: As long as they do not ask for the financial files of APOEL, I am happy.