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The Money Behind The Asteras Buyout

AGC subsidiary Jermyn Street Real Estate fund acquired the Asteras Hotel complex (Astir Palace Vouliagmeni) for about 400 million euros representing investors from different Arab countries (about 85% of their funds) and from Doğuş Group (about 15%) which is controlled by Ferit Şahenk, a turkish multimillionare.

Official Launch of Movement of 58

The launching of the “Movement of 58” at Acropol theater on Monday night drew a lot more people than organizers had expected. Many, and of varied political hues, were those from the political elite, the intelligentsia, and academia that attended the inaugural event.

Fugitive Shipowner Surrenders

Fugitive from justice, shipowner Anastasios Pallis, who has two outstanding arrest warrants against him, turned himself into authorities today.

Troika Back in Athens

The Troika is expected in Athens tomorrow to continue negotiations on a number of thorny issues that have held back the disbursement of a 1 billion euro aid tranche that has been delayed for months.

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