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Alpha NII at 1.22 bln in 9M, fees up by 11 pct YoY at 306 mln
EconomyBanking, from 1.22 billion in 2023. Net fee and commission income was 306 million euros in 9M, from 275
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Piraeus Port Authority announces profit increase for 2015
EconomyBankingThe Piraeus Port Authority (PPA) has released its annual financial statement for 2015, showing post-tax profits of 23.8 percent. The port authority, which represents the largest seaport in Greece... repaid its social security obligations to the government to the tune of 14 million in 2015. The port
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HRADF declares international consortium highest bidder for 67 pct stake in Thessaloniki Port
Economybidder for the acquisition of a 67 percent stake in Thessaloniki Port Authority (OLTH). This marks the second port privatisation in Greece after the acquisition of Piraeus Port Authority (OLP) by COSCO... Holdings International, the largest public port operator in China, which holds the remaining 49
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Consumer confidence takes off in May as rest of sectors deliver mixed data
EconomyMacroeconomyGreece’s economic sentiment (ESI) recorded a minor drop of 0.6 points in May, falling to 108.1 points, after rising by 1.9 points in April, according to European Commission figures released on Tuesday. Sentiment has been improving in five of the last se...
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Football chairman's actions threaten to blow coalition off course again
PoliticsGreek Politicsintervention led to the game being called off by the referee, even though the match official later changed... percent stake in the Thessaloniki Port Authority (OLTH). His business dealings have stoked claims... also run into a number of problems. In December, privatisation fund HRADF had to put off the signing
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Reflections on Greece's balance of payments
Agorawith the rest of the world is the “net international investment position” or NII. It is not easy... percent of GDP. By 2022-Q2, this had grown to €-263 billion, or -133 percent of GDP. Because of continuous external deficits, Greece doubled its net liabilities, in percent of GDP, to the rest
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Three investment groups table binding offers for Thessaloniki Port
Economyon Friday three binding offers for the acquisition of a 67 percent stake in Thessaloniki Port Authority... of container terminals. It is involved in 30 terminal concessions and port development projects in 20 countries... euros for the 67 percent stake in Piraeus Port Authority (OLP) corresponded to a premium of 70 percent
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NBG net profits decline to 8 mln in Q3, NPLs continue to fall
EconomyBanking(PPI) fell by 9 percent quarter-on-quarter (QoQ) to 88 million. Core PPI came to 306 million euros..., and the rest property and land. The preliminary information released to investors indicates that non... ) funding. NBG remains the only core Greek bank that is off ELA while retaining a liquidity buffer
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Mitsotakis sets off barrage of legislation to shake off introspection
PoliticsGreek PoliticsWith the opposition in disarray, Prime Minister Kyriakos Mitsotakis has fired off another round of reforms, hoping to regain forward momentum and put the internal scuffles in his own party behind him... opened between Kasselakis and the rest of the party. While the other candidates for the leadership did
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Piraeus port law amended, resolving dispute with COSCO over privatisation deal
EconomyCorporatesGreece has resolved its momentary dispute with Chinese giant COSCO over the legislation linked to the privatisation of the Piraeus Port Authority (OLP). The government made a number of amendments... stake in Piraeus Port (OLP) to COSCO was ratified by the Parliament. A wide majority of 223 MPs from
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