Only one in five Greek firms run by a woman

Kathimerini English - - Front Page -

Just one in five Greek com­pa­nies has a woman at the helm, ac­cord­ing to data from re­search com­pany ICAP con­cern­ing 4,670 firms out of the 22,500 which is­sued a 2012 fi­nan­cial re­port. How­ever, that 21 per­cent does rep­re­sent a rise from the 19 per­cent share recorded in 2011, point­ing to a slow in­crease in the pres­ence of fe­male ex­ecu- tives on com­pany boards. Still, the ma­jor­ity of firms run by women are small or medium-sized and only 9 per­cent of the ma­jor com­pa­nies (with at least 250 em­ploy­ees and an an­nual turnover of 50 mil­lion eu­ros or more) have fe­male di­rec­tors. Fur­ther­more, 81 per­cent of the women who do head com­pa­nies also have a stake in their firms, show­ing that the num­ber of fe­male chief ex­ec­u­tives is con­sid­er­ably smaller.

CCHBC in­vest­ment.

The Coca-Cola Hel­lenic Bot­tling Com­pany is mov­ing ahead with in­vest­ments to­tal­ing some 11 mil­lion eu­ros in its do­mes­tic units, as well as to a re­struc­tur­ing of its pro­duc­tion. With th­ese moves, Coca-Cola HBC is seek­ing to il­lus­trate that it plans to stay in Greece and to ad­just pro­duc­tion to changes in the mar­ket re­sult­ing from the fi­nan­cial cri­sis.


Greece sold 1.625 bil­lion eu­ros of three-month trea­sury bills yes­ter­day to roll over a ma­tur­ing is­sue, the Pub­lic Debt Man­age­ment Agency (PDMA) said. The T-bills were priced to yield 3.75 per­cent, down from 3.90 per­cent in a De­cem­ber auc­tion. The sale’s bid-cover ra­tio was 2.05, up from 1.92 in the pre­vi­ous sale. The amount raised in­cluded 375 mil­lion eu­ros in non-com­pet­i­tive bids. The set­tle­ment date for yes­ter­day’s auc­tion will be this Fri­day.

Bul­gar­ian de­fla­tion.

An­nual con­sumer price in­fla­tion in Bul­garia came in at -1.6 per­cent in De­cem­ber, a 14-year low and the fifth con­sec­u­tive month of de­fla­tion in the Euro­pean Union’s poor­est mem­ber state, of­fi­cial data showed yes­ter­day. Us­ing the EU har­mo­nized in­dex (HICP), the Euro­pean Cen­tral Bank’s in­fla­tion yard­stick, Bul­garia reg­is­tered 12-month de­fla­tion of 0.9 per­cent in De­cem­ber. On a monthly ba­sis, con­sumer prices edged up by 0.3 per­cent in De­cem­ber. For 2012 as a whole, prices rose by 3 per­cent.

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