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Alpha Bank turns profitable in Q1 as last year's clean-up efforts pay off
EconomyBankingAlpha Bank reported a net profit of 125 million euros in Q1 2022, compared to a loss of 282 million euros in the same quarter of 2021. In the last quarter of 2021, the net loss was 408.1 million euros, mostly on the back of 551.8 million euros of impair...
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In bid to polish SYRIZA's image, Tsipras visits Mount Athos monks
PoliticsGreek Politicstriggered an embargo on Union imports by Moscow. There is a connection between the two in the sense... about SYRIZA’s criticism of the EU’s approach to Russia. The embargo could cost Greece as much
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They have a name for it
Agorain a nationalist fervour, with huge demonstrations and a 19-month trade embargo against the newly founded State. It only lifted the embargo when its neighbouring state changed its first flag. Greece and FYR
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Athens moves on after Berlin Conference absence, seeks more active role in Libya developments
PoliticsForeign PolicyIn Greece’s absence, the Berlin Conference ended on Sunday with an agreement among all the participants to respect a much-violated arms embargo, to hold off on military support to the warring parties... arms embargo it was tasked with protecting. “There’s an agreement in the Council in order to revive
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Athens goes along with EU over Libya, waits for Turkey's move at UN
PoliticsForeign Policythe deployment of warships to enforce the United Nations arms embargo on Libya. According to the EU foreign... that this operation will have as a goal the implementation of the arms embargo imposed by the United Nations
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Govt counts cost of own energy package as hopes of coordinated EU response fade
PoliticsGreek Politicsan immediate embargo on Russian oil, asking for such a measure to be delayed until autumn or winter..., are in favour of a staged oil embargo. Political pressure The government is sticking to the narrative
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National Bank reveals capital plan, which includes sale of whole Finansbank stake
EconomyBankingas Common Equity Tier 1 (CET1) capital (“pari passu” with common shares) but they are an expensive
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Strong performance of 15-year bond bodes well for market strategy
Economyof the pari passu clause. Greece’s debt managers seem to be securing attractive borrowing costs through
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Current account deficit widens to 404 mln in March
EconomyMacroeconomya sharp drop in the primary income surplus (by 859 million) followed by a narrowing of the services
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Talks on bailout review head for crucial weekend
EconomyProgramme. Meanwhile, the Labour Ministry announced on Thursday that an amount of 859 million from the 2017
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