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  1. Newsletter 397 - 13/10/2023

    Newsletters

    political dominance in the second round of the local elections this Sunday, after a strong showing... their trust in New Democracy and the choices it made,” said Mitsotakis. ND has a strong chance of securing... in the country’s social fabric”. He pledged to help change this over the coming years and promised

    43%
  2. Megafire surges into Athens suburbs, posing major challenge for PM
    Image: MacroPolis

    PoliticsGreek Politics

    of the biggest. What shocked Greeks more than the magnitude of the blaze, which was fanned by strong winds... that the response to the Varnavas fire was quick, but that the strong winds made the blaze difficult to contain... into the city’s urban fabric. The images of homeowners standing on their balconies with hoses

    43%
  3. Bound to lose
    Photo by Panayotis Tzamaros/Fosphotos

    Agora

    sidled up to Golden Dawn when they realised that a strong social current was pushing the far-right... into the country’s social fabric over the coming years. But, it was the briefest of moments. A few

    41%
  4. Piraeus Bank posts net loss of 80 mln in Q1
    Image via www.piraeusbank.gr

    EconomyBanking

    , has attracted strong interest. The first two phases were completed in March and binding offers..., will facilitate our strong and positive contribution to the country’s economic expansion.”... mortgages. Commenting on the results, Christos Megalou, CEO of Piraeus Bank noted the push to increase

    39%
  5. Piraeus Bank posts net profit of 94 mln in Q3 and 40 mln in 9M
    Photo by MacroPolis

    EconomyBanking

    on the results, Christos Megalou, CEO of Piraeus Bank noted the strong results for the quarter which had been..., a strong increase of 74 percent QoQ. Operating expenses fell by 6 percent in Q3 to 249 million euros

    39%
  6. Piraeus Bank posts net loss of 19 mln euros in Q3, NPEs continue to fall
    Image via www.piraeusbank.gr

    EconomyBanking

    that the current NPE formation trends being observed in Q4 were strong too. Due to write-offs the NPE.... Commenting on the results, Christos Megalou, CEO of Piraeus Bank noted the progress made in the third quarter

    37%
  7. Piraeus Bank makes net profit of 12 mln in Q4, edges into profitability for 2017
    Image via www.piraeusbankgroup.com

    EconomyBanking

    Ameoba, has attracted strong interest. The first phase was recently completed, with the second phase... Megalou, CEO of Piraeus Bank noted improving performance, particularly in the second half of the year

    37%
  8. Piraeus Bank sells first real-estate backed NPE portfolio worth 1.95 bln
    Photo by MacroPolis

    EconomyBanking

    as a strong vote of confidence in the prospects of the newly established NPE market, the recovering real... of the risks and rewards associated with it. Commenting on the sale, Christos Megalou, Chief Executive

    37%
  9. Piraeus sets ambitious NPL targets with Intrum deal as banks prepare securitisations
    Photo by MacroPolis

    EconomyBanking

    a strong confidence vote in the prospects of the recovering Greek economy. The strategic agreement... to be around 75 basis points, with the CET1 ratio at 15.7 percent. Christos Megalou, Piraeus Bank’s CEO

    37%
  10. Piraeus Bank posts net profit of 49 mln in Q4 and 270 mln in 2019
    Photo by MacroPolis

    EconomyBanking

    tourism, the sector’s high seasonality and strong multiplier impact contributes to around 12... the process. Commenting on the results, Piraeus Bank CEO Christos Megalou said the bank was working

    37%