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Piraeus announces Q1 loss of 407 mln as provisions mount
EconomyBankingPiraeus Bank posted a loss of 407 million euros in the first quarter (Q1) as it suffered from impairments arising from Covid and loan securitisation losses. The Q1 loss comes following a 518 million-loss on the Q4 of 2020, and compares with a 232 million-euro loss in Q1 of last year. Asset quality
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Newsletter 298 - 28/05/2021
Karavias. “In terms of asset quality, as pandemic-related moratoria have mostly expired, a positive
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NBG posts 557 mln profit in Q1
EconomyBankingwith 431 million euros in the previous quarter, and 486 million euros in Q1 of last year. Asset quality
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Teachers threaten revolt over education bill as opposition gears up for summer confrontation
PoliticsGreek Politicsof the proposals have said they are in favour of evaluation based on the quality of teaching, but have voiced
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Labour compensation and productivity in the EU-27 and Greece
Agorafirms do compete on quality and prices in such markets, domestically as well as internationally
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Alpha Bank buoyed by 800-mln-euro share capital raise
EconomyBankinginvestors participated. The bank’s management sees the strong interest and the high quality of investors
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Fitch maintains Greek 'BB' rating with stable outlook amid some lack of visibility
Economy, asset quality improvements at the banks assists credit expansion and assisted by the RRF medium-term
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Schools bill vote brings differences on education to fore
PoliticsGreek Politicsteaching will improve the quality of education and increase respect for the profession. He quoted
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Piraeus Bank impairments impact H1 results as NPE clean-up accelerates
EconomyBankingeuros in H1 compares to a net loss of 150 million euros in 2020. Asset quality During the first six
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Criticism of authorities' response intensifies as wildfires continue to rage
PoliticsGreek Politicsto the effects of the fires on the air quality in Athens, where particulate counts were recorded at 10-15
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