Search
-
Marginal net losses of 2 mln for Alpha in Q1
EconomyBankingexpenses. In contrast, core revenues fell 2.3 percent QoQ reflecting a drop in net interest income... for the third straight quarter in Q1. The asset quality deteriorated within Q1 particularly
8% -
Piraeus Bank seals milestone deal with KKR over 1.2 bln of non-core assets
EconomyBankingIn an unusual move by the standards of the Greek banking sector, Piraeus Bank has announced an agreement with leading global investment firm KKR for the transfer and securitisation of 1.2 billion... financial (net interest income loss) or capital impact. KKR had 96.1 billion dollars’ worth
8% -
IMF: Greece's GDP spend on asylum seekers 6th highest in EU
Societyfor the newcomers and maximise their net contribution to the public finances in the longer term,” the study... deviate from the adjustment path toward the Medium-Term Objective in case of an “unusual event outside
8% -
Govt searches budget for space to adopt more Covid and energy relief
PoliticsGreek Politicscreated a “safety net” for businesses and households with measures totalling 43.3 billion euros... Ministry in the form of a ministerial decision. In an unusual move, Kathimerini, whose editorial
8% -
Government adamant snap polls are not under consideration
PoliticsGreek Politicswill be held in 2027, as Mitsotakis has repeatedly stated. Snap elections are far from unusual in Greece... from a small percentage of net state revenues. Individuals can donate up to 20,000 euros per year
8% -
Summit of transactions – Erdogan and Trump
Agorathe previous year. This duality illustrates Ankara’s balancing strategy: deepening commercial ties
8% -
PM puts on show of unity from ND congress stage as party cohesion frays
PoliticsGreek Politics. This duality is evidence of the party wanting to project control, but also knowing
8% -
Eurobank reports net loss of 301.1 mln in Q2
EconomyBankingEurobank reported a net loss of 301.1 million euros in the second quarter (Q2) from 207.4 million..., the underlying net loss stood at 186.2 million euros, which was slightly lower than the 189.3 million posted... million. Net interest income (NII) rebounded 2.2 percent QoQ to 375.3 million, mainly reflecting
8% -
Piraeus Bank reports net profit of 164.3 mln in Q2
EconomyBankingPiraeus Bank reported net profit of 164.3 million euros in Q2 from a loss of 246.6 million in Q1... an improvement of net interest income (NII) by 4.4 percent QoQ to 500.3 million. NII was bolstered by lower... with the respective average of 10.9 percent. Including the net impact of 1 billion euros from the capital
8% -
Piraeus Bank posts net loss of 1.56 bln in Q3
EconomyBankingPiraeus Bank posted a net loss of 1.56 billion euros in the third quarter (Q3) of 2014 from... year on year (YoY) to 273 million. This reflects an improvement in the top line with net interest... quarter at 10 billion, while excluding EFSF bonds, the net Eurosystem utilisation reached at 5 percent
8%