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Credit growth at 2.1 pct in Oct, but flow negative by 856 mln
EconomyMacroeconomyhad been moderating since. The net lending flow was negative by 856 million euros in October, after a 2.14-billion euros rise in September, returning to the net contraction of recent months.... The corporate lending balance’s net monthly flow was negative by 669 million euros, after a rise of 2.05 billion
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Piraeus Bank profit at 284 mln in Q1, commissions income up to 160 mln
EconomyBankingPiraeus Bank posted a net profit of 284 million euros in Q1 2025, from 233 million euros in Q1 2024. Net interest income (NII) came to 481 million euros in Q1, while net fee income was 160 million euros, from 518 million and 145 million euros respectively in Q1 2024. Net trading income was just 19
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Piraeus Bank reports profits of 559 mln in H1, commissions income strong at 325 mln
EconomyBankingPiraeus Bank posted a net profit of 559 million euros in H1 2025, from 563 million euros in H1 2024. Net interest income (NII) came to 955 million euros in H1, while net fee income was 325 million euros, from 1.05 billion and unchanged respectively in H1 2024. Net trading income was 66 million
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Piraeus Bank profits at 815 mln in 9M, fees income at 489 mln
EconomyBankingPiraeus Bank posted a net profit of 815 million euros in 9M 2025, from 882 million euros in 9M 2024. Net interest income (NII) came to 1.43 billion euros in 9M, while net fee income was 489 million euros, from 1.58 billion and 480 million euros respectively in 9M 2024. Net trading income was 85
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Troika returning to Greece but key decisions still months away
PoliticsGreek PoliticsMinister Antonis Samaras put the figure at around 1.5 billion euros. Olli Rehn acknowledged... comments at Monday’s Eurogroup that any discussion about more loans for Greece has now been put off until... the funding gap for 2015 at 6.5 billion euros. Latest reports put the total figure for the three years
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Eurogroup leaves Tsipras with difficult but not impossible deal to sell at home
PoliticsGreek Politicsfrom the Left Platform, to accept. It appears to put a halt to a number of the party’s pre-election... but it seems likely that the government will put the vast majority on hold at least for the next... forward with Friday’s agreement, it will also put an end to speculation about whether capital controls
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Lenders' reaction to pension pledge leaves Tsipras short of options
PoliticsGreek PoliticsMechanism revealed that it has put on hold the implementation of short-term debt relief measures... process has been put on hold as the institutions are examining whether Tsipras’s pledge to give 617..., would put him on a collision course with the lenders. Approval of the handouts would be seen
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What Dijsselbloem didn't say
Agoracomment was misunderstood and put his comments down to “Dutch directness” and a strict Calvinistic culture..., meeting the bailout conditions put a severe strain on the economies of the countries concerned. They put their public finances in order, they embarked on structural reforms and endured falls
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Tussle over arms deal sets tone for polarised politics
PoliticsGreek Politicswas to be paid to the middleman) meant that the opposition parties were not able to put the defence..., it appears that this issue has not been put to bed. On Tuesday morning, New Democracy asked for all those... could put pressure on Kammenos and Tsipras, who gave his full support to his minister on Monday
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Football chairman's actions threaten to blow coalition off course again
PoliticsGreek PoliticsThe government was forced to put to one side on Monday the tension with Turkey and clashes with New... a refereeing decision has put the coalition in a tight spot. Russian-Greek businessman Savvidis reacted... also run into a number of problems. In December, privatisation fund HRADF had to put off the signing
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