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  1. Piraeus Bank posts pre-tax losses of 215 mln in H1
    Photo by MacroPolis

    EconomyBanking

    losses of 232 million in Q1 2020. Pre-provision income (PPI) came to 470 million euros in H1 versus 402

    13%

  2. Banks remain largely profitable in Q2, with focus on NPL reductions
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyBanking

    impact of 324 million). Net profits in Q2 came to 82 million versus losses of 232 million in Q1

    13%

  3. Piraeus announces Q1 loss of 407 mln as provisions mount
    Photo by MacroPolis

    EconomyBanking

    Piraeus 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

    13%

  4. Jan budget execution impacted by unplanned pandemic spending and snowstorm
    Photo by MacroPolis

    EconomyMacroeconomy

    in the month. Tax refunds came to 232 million euros, short by 54 million euros. Expenditure In January

    13%

  5. Jan budget deficit confirmed at 15 mln, revenues 610 mln short and spending underexecuted
    Photo by MacroPolis

    EconomyMacroeconomy

    million euros. Income tax revenues at 1.15 billion euros were just on target. Tax refunds came to 232

    13%

  6. Significant underspend pushes 8M primary balance to 7.57 bln
    Photo by MacroPolis

    EconomyMacroeconomy

    billion euros. Revenues Net revenues at 45.14 billion euros, is above the target by 232 million

    13%

  7. Piraeus Bank profit at 284 mln in Q1, commissions income up to 160 mln
    Image via www.piraeusbank.gr

    EconomyBanking

    million euros in Q1, from 232 million euros in 2024. Loans impairments stood at 24 million euros in Q1

    13%

  8. New Year reshuffle brings more MPs into cabinet, keeps key ministers in post

    PoliticsGreek Politics

    the deputy agriculture minister. Interior Minister Takis Thedorikakos has also been left out of the new... Petsas has been appointed Alternate Interior Minister, to be replaced by Christos Tarantilis... to the right” and “a party-political balancing act”. The elevation to the Interior Ministry of Makis Voridis

    12%

  9. University bill threatens PASOK consensus as probes launched into alleged infractions by politicians
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    investigation in the Interior Ministry, which is the suspected source of the data leak, while on Tuesday.... The Interior Ministry has denied that it provides voters’ contact information, while the chief...’s EP elections, but also because the suspicions of a data leak emerged within days of the Interior

    12%

  10. Greece’s downstream oil industry adapts to shifting demands
    Photo via http://www.helpe.gr/

    EconomyFeatures

    , followed by Iran (until sanctions in 2012), Libya, Saudi Arabia and Kazakhstan. As of January this year

    11%