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  1. Piraeus Bank posts net loss of 232 mln in Q1 due to Covid-19 impact
    Image via www.piraeusbankgroup.com

    EconomyBanking

    Piraeus Bank’s first quarter (Q1) results revealed a net loss of 232 million euros compared to a net profit of 189 million euros in Q4 2019. The latest results interrupt six consecutive quarters of profits. Pre-provision income (PPI) reached a 185 million in Q1 versus 193 in Q4. Net interest income

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  2. NBG results show net profits of 602 mln euros in 9M
    Photo by MacroPolis

    EconomyBanking

    National Bank of Greece (NBG) reported net profits of 602 million euros from continued operations..., net results showed a profit of 137 million euros in Q3, more than double net profits in Q2 which... schemes. P&L Net interest income (ΝΙΙ) rose by 12 percent QoQ to 304 million, driven by the expansion

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  3. Eurobank's 2021 adjusted net profit at 424.3 mln, NPE ratio drops to 6.8 pct
    Photo by Giannis Papanikos/Fosphotos

    EconomyBanking

    Eurobank posted a net income of 328.5 million euros in the full 2021, compared to a loss of 1.22 billion euros the previous year. Adjusted net profit was 424.3 million euros, from profits of 538.1 million in 2020. In the fourth quarter (Q4), net profit was 112.4 million, after 26.1 million euros

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  4. Tsipras gets strong mandate for deal in Brussels but left with political conundrum at home
    Photo by MacroPolis

    PoliticsGreek Politics

    in Brussels on Saturday afternoon. He can argue that there is extremely strong support in Greek Parliament... a strong mandate for an agreement with the institutions and that this was now his priority. He said

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  5. ND tries to quash refugee backlash, protect strong poll ratings
    Photo by Giannis Papanikos/Fosphotos

    PoliticsGreek Politics

    The Greek government has been trying to assuage concerns about the transfer of migrants from the Aegean islands following more strong reactions by some local residents in mainland areas New Democracy.... Opinion poll The refugee issue aside, support for the government remains strong according to the latest

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  6. EC expects Greek GDP to drop by 9.7 pct for biggest fall in EU, before strong rebound in 2021
    Photo by MacroPolis

    Economy

    a strong rebound of 7.9 pct in 2021. The Commission notes that Greece’s large dependency on the hospitality... a strong recovery of 33 pct and 35.2 pct on equipment spending. The authorities through the Hellenic

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  7. Greece draws strong interest, attractive yield by re-opening 10-year bond
    Photo by MacroPolis

    Economy

    Greece completed on Wednesday the fourth market foray of the year by reopening the 10-year GGB that it had issued in June, after a successful syndication earlier in the summer and a strong... points. Despite the revision, demand was strong and brought in higher offers from existing accounts

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  8. Strong public support for farmers adds to pressure on PM for more measures
    Photo by MacroPolis

    PoliticsGreek Politics

    . The latest initiatives are being taken amid apparent strong support from the public for the farmers... there is strong support for the ruling party, as most of the protesting farmers are thought to be New

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  9. PM touts strong economy and housing measures but voters focus on everyday worries
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    . New Democracy maintains a strong lead in opinion polls, but large segments of voters have been underwhelmed by the government’s economic measures to date and express strong support for the farmers

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  10. Greece's key pledges and requests at the Eurogroup meetings
    Photo by EU Council via Flickr https://flic.kr/p/gDJF7A

    PoliticsGreek Politics

    agreement that during this period the Greek state will be funded under a minimalist menu that solves

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