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  1. Government seeking to tie up loose ends before summer break
    Photo by Angelos Christofilopoulos/Fosphotos

    PoliticsGreek Politics

    The government is hoping to make use of the last few days of parliamentary activity before the summer recess to pass several bills, while a shake-up of the general secretaries at a range... Mitsotakis appears to feel that this is the right moment to make the changes. The shake-up is reportedly

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  2. NBG NII jumps 13 pct YoY in H1 to 1.19 bln, net profit up 27 pct to 646 mln
    Photo by MacroPolis

    EconomyBanking

    impairments in H1 stood at 107 million, from 121 million in 2023. Core income stood at 1.4 billion, up by 14 percent annually. Operating expenses in H1 were 421 million euros, up by 5 percent YoY. Balance

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  3. ND blocks parliamentary scrutiny of court’s surveillance decision, ratcheting up political tension
    Photo by MacroPolis

    PoliticsGreek Politics

    social media post. The opposition leader suggested that the New Democracy leader knows a major cover up... claimed that there has been a cover-up, which was a word used by several Greek newspapers

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  4. Budget comfortably beats target up to Aug thanks to 2 bln excess taxes, 3.6 bln underspend
    Photo by MacroPolis

    EconomyMacroeconomy

    Ministry (MoF) budget execution data released on Wednesday. Up to August, the budget primary balance... than the target, mostly thanks to corporate taxation, up by 613 million euros from the target

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  5. Government facing up to threat from rise of far right parties

    PoliticsGreek Politics

    The government is stepping up its criticism of Greece’s far-right parties, which New Democracy sees as a greater threat currently than the parties to its left. It was notable that during Monday’s... building up its deterrence capabilities over the last five years. Last week, Marinakis made a general

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  6. NBG net profit at 983 mln in 9M, NII up by 9 pct at 1.78 bln
    Image via www.nbg.com

    EconomyBanking

    billion, up by 11 percent annually. Operating expenses in 9M were 639 million euros, up by 6 percent

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  7. Greece gets close-up view of rapidly changing US foreign policy position

    PoliticsForeign Policy

    an increase up to 5 pct of GDP for NATO allies. European Defense Across the Atlantic, EU heads of state... disagreement over a scenario of excluding defense spending from deficit rules up to 2 percent of GDP

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  8. Eurobank reports 1.45 bln profit in 2024, commission income up by 22.4 pct
    Photo by MacroPolis

    EconomyBanking

    Eurobank posted a net profit of 1.45 billion euros in 2024, compared to 1.14 billion euros in 2023, up 27.1 percent. Adjusted net profit was 1.48 billion euros in 2024, compared to a profit of 1.26... percent in 2024, up from 32.2 percent in 2023. The 2024 cost of risk - or provisions over average net

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  9. NBG 2024 profits at 1.16 bln, commision income up 12 pct at 427 mln
    Image: NBG

    EconomyBanking

    Income (PPI) stood at 1.9 billion, up by 5 percent annually. Operating expenses in 2024 were 884 million euros, up by 6 percent YoY. Balance sheet Group deposits amounted to 57.6 billion euros in 2024

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  10. Primary surplus lands at 2.72 bln up to Feb, tax collections remains strong

    EconomyMacroeconomy

    The budget primary balance ran a surplus of 2.72 billion euros up to February, according to the preliminary budget execution data released by the Finance Ministry (MoF) on Tuesday. The primary.... The budget balance up to February showed a surplus of 629 million euros, from 1.44-billion-euro surplus

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