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Credit growth stable at 0.9 pct in Oct, led by lending to corporates
EconomyMacroeconomyby 148 million, following positive by 611 million euros in the previous month, taking the balance
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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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Greece's foreign policy trap
Agorabeing held “hostage” by Ankara. Tzanakopoulos said that Kammenos has been speaking metaphorically, while... Ankara repeatedly expressed its deep frustration at the decision by the Greek judicial system... a clear line of communication with Ankara precisely because the EU has lost any leverage it had
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Fresh tension weakens prospects for next round of Greek-Turkish talks
PoliticsForeign PolicyAnkara is involved in activities that are ratcheting up tension with Athens, something... and by its recent moves to strengthen its armed forces. He also repeated Ankara’s accusations... not yet received any reply. It seems that Ankara has not only responded to the invitation but it has
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Overflights spat marks resumption of Greek-Turkish tension
PoliticsForeign Policythe incident an “unprecedented violation of national sovereignty.” Uncharacteristically, Ankara... of the UN Charter, to accuse Greece of provocative actions”. Athens once again accused Ankara... in Ukraine. Athens will stress to its NATO and EU partners that this incident underlines that Ankara has
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Clashes add to political tension over division, police violence
PoliticsGreek Politicsadvised them that the man who had been beaten was a member of a radical left group and had been... as police clashed with some protestors. One policeman was dragged off his motorcycle and beaten. Along
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Turkey ratchets up pressure on Greece in wake of extradition ruling
PoliticsForeign PolicySupreme Court decision not to extradite eight Turkish soldiers who Ankara wants to put on trial... from Ankara that is causing concern in Athens but also the increase in Turkish violations... ago. Athens is trying to understand whether this is just an angry response by Ankara to the case
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Athens pleased with Washington talks despite lack of definitive US position on Turkey
PoliticsForeign Policyto support Greece if there is a so-called “hot incident” with Ankara. According to some diplomats, though... Ankara and Athens. The US side has already recognised on many occasions through the public statements..., Cyprus and Israel, which irked Ankara. US officials also welcomed Greece’s intention to upgrade its
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Athens draws up Turkey strategy after EU Council, Biden input
PoliticsForeign PolicyAthens has already begun to plan its new strategy by trying to predict Ankara’s moves following... the so-called Borrell Report as a guideline for its relations with Ankara as the High Representative... in Athens do not exclude the possibility of Ankara initiating yet another crisis with Greece or Cyprus
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