Economy
Alpha Bank's net profit at 517 mln in H1, commissions jump to 229.1 mln
Alpha Bank reported a net profit of 517 million euros in H1 2025, compared to a profit of 322.5 million euros in 2024, a rise of 60.3 percent.
PMI falls to 51.7 in July, level of optimism drops to lowest in a year
Greece’s manufacturing PMI dropped significantly in July to 51.7 points, from 53.1 points in the previous month, S&P Global data showed on Friday.
NBG net profits at 701 mln, commissions income rises 8 pct YoY to 221 mln
National Bank of Greece (NBG) reported a profit after tax of 701 million euros in H1, compared to a profit of 708 million euros in H1 2024, a drop of 1 percent year-on-year (YoY).
Eurobank records strong profits of 691 mln in H1, net interest income jumps 12.2 pct
Eurobank posted a net profit of 691 million euros in H1 2025, from 721 million euros a year earlier, down by 4.3 percent year-on-year (YoY).
Piraeus Bank reports profits of 559 mln in H1, commissions income strong at 325 mln
Piraeus Bank posted a net profit of 559 million euros in H1 2025, from 563 million euros in H1 2024.
Easter timing pushes retail sales down markedly in May with -4.4 pct YoY fall
Greece’s retail sales had a sharp drop of 4.4 percent year-on-year (YoY) in May, after marked growth of 7.4 percent in April, Hellenic Statistical Authority (ELSTAT) data showed on Thursday.
Producer prices on six-month run of rises after 1.6 pct YoY increase in Jun
Greece’s Producer Price Index (PPI) continued growing in June, with a rise of 1.6 percent year-on-year (YoY), after an increase of 2 percent in May, ELSTAT data showed on Wednesday.
Economic sentiment improves in July, consumer confidence continues to slide
There was a solid rebound in Greece’s economic sentiment (ESI) in July to 109.1 points, from 106.1 in the previous month, according to European Commission figures released on Wednesday.
Despite soft hiring in June, six-month balance breaks record on back of seasonal jobs
Greece’s employment balance was positive in June with 15,668 more hires than departures, according to data from the Labour Ministry’s Ergani information system.
Greece digests EU-US trade deal amid mixed reaction
The uncertainty around EU-US trade relations has been lifted after the announcement of a deal by the US President and the head of the European Commission following meetings held in Scotland.