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Alpha Bank's NII at 1.65 bln in 2023, rising by 41 pct
EconomyBankingAlpha Bank reported a net profit of 611 million euros in 2023, compared to a profit of 368 million euros in 2022. Normalised profit after tax for 2023 was 780 million euros, from 398 million in 2022, a rise of 96 percent. Core pre-provision income (PPI) in 2023 was 1.25 billion euros, from 717
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Construction shows first signs of recovery in 2025 as building activity rises 31.6 pct YoY in May
EconomyMacroeconomyin Attica (611), in line with the historical trend, and the smallest number of permits were issued
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NBG profits at 661 mln in H1, net interest income at 1.1 bln
EconomyBankingNational Bank of Greece (NBG) reported a profit after tax of 661 million euros in H1, compared to a profit of 701 million euros in H1 2025, a drop of almost 6 percent year-on-year (YoY). Attributable profit was 567 million euros, from 611 million euros in H1 last year. P&L Net interest income (ΝΙΙ
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In clearest statement yet, Tsipras says he'd keep euro
PoliticsGreek PoliticsSYRIZA leader Alexis Tsipras has attempted to clear up any doubts – at least outside of the country – about whether he favours Greece remaining in the euro. Speaking at the University of Texas on Monday, the leftist politician made it clear that he beli...
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SYRIZA has makings of pact with Independent Greeks but To Potami not on board yet
PoliticsGreek PoliticsWith Greece heading towards February's presidential vote and possibly a general election after that, one of the main dilemmas facing SYRIZA is who it could govern with. One of the options open to the leftists is an unlikely alliance with the Independent...
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Regional airports deal represents biggest privatisation yet for Greek government
EconomyHellenic Republic Asset Development Fund (HRADF) declared on Wednesday the Fraport AG–Slentel Ltd (subsidiary of Copelouzos group) consortium as the preferred of three bidders for the regional airports’ tender. The process involves the concession of use...
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So far and yet so near for Greece and eurozone after second abortive Eurogroup
PoliticsGreek PoliticsFor the second Eurogroup running, Greece and the eurozone failed to reach an agreement on how to move forward. However, an apparent acrimonious falling out may be less damaging than it first appears and, in essence, the two sides do not seem to be far a...
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SYRIZA strife not a rebellion in the making yet
PoliticsGreek PoliticsThere has been a lot of movement within SYRIZA over the last few days amid concern that lenders will force the government to sign a deal that runs contrary to the party’s main pre-election pledges. However, this ferment should not – at this stage - be c...
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Greek negotiations: A marathon that has yet to run its course
AgoraGreece’s negotiations with its international creditors have now entered its eighth month, with a possible interim agreement due to be discussed in Brussels between Prime Minister Alexis Tsipras and German Chancellor Angela Merkel and French President Fr...
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CPI falls by another 2.2 pct in July as VAT rises yet to be recorded
EconomyMacroeconomyThe rate of drop in the Greek consumer price index (CPI) remained at 2.2 percent for the second straight month in July, according to the Hellenic Statistical Authority (ELSTAT). As a result, the CPI decrease was retained above the 2-percent mark for the...
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