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Led by lending to corporations, pace of credit growth rises to 2.1 pct in Sep
EconomyMacroeconomy, the trend had been declining since then. The net lending flow was positive by 2.14 billion euros in September, after a 405-million euros drop in August, reversing the net contraction of recent months.... The corporate lending balance’s net monthly flow was positive by 2.05 billion euros, after a drop of 322
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Piraeus Bank posts 721 mln profit in 9M, NII up to 1.47 bln
EconomyBankingPiraeus Bank posted a net profit of 721 million euros in 9M 2023, with Q3 2023 profit at 279... percent in 9M 2022. P&L Net interest income (NII) came to 1.47 billion euros, from 922 million euros from a year ago. Net fee income was 403 million euros in H1 2023, while normalised trading income
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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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Is Greece on track to decouple from fossil gas?
Agora) and the reduction in total electricity consumption (-2.93 TWh), and secondarily by the increase in net... plants to be added to the existing fleet, increasing total net capacity from 6 GW in late 2023 to 7.7 GW... journalism project. [1]Greece is a net importer of electricity in the sense that the quantities
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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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In clearest statement yet, Tsipras says he'd keep euro
PoliticsGreek Politicsto leave the single currency than to remain in the euro. He said that in the event of a eurozone exit... and of the single currency remaining in existence. "The eurozone may have been a mistake," said Tsipras
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Last man standing
Agorasceptical about remaining in the single currency. They appear to believe Greece will only solve its... austerity policies cannot be SYRIZA’s single strategy for coming to power. It will, for instance, have
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Drop in industrial production accelerated in November with 6.1 pct decline
EconomyMacroeconomyreadings showed a mid-single digit drop. IPI has only had only four positive year on year (yoy) readings... supply production retreated by a low single-digit figure, 1.9 and 2.8 percent respectively. Among
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