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  1. PM hails Covid certificate but concerns mount in tourism sector

    PoliticsGreek Politics

    doses). “We are proceeding at a fast pace towards our target: Freedom!” tweeted the prime minister

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  2. Surprise handout announcement provokes storm of criticism from opposition
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    that vaccinations are still not proceeding at the desired rate, and that while there is high demand for booster

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  3. PM gears up for communications drive as PASOK marks 50 years
    Photo by MacroPolis

    PoliticsGreek Politics

    euros. The government has faced criticism over the last few months for proceeding too slowly

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  4. Doubts about GSI resurface as Turkey raises objections over electricity cable
    Photo by Naval Group

    PoliticsForeign Policy

    “provocative” and accusing Greece and Cyprus of proceeding without Turkey’s consent. The same sources

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  5. National Bank reports 1.15 bln H1 profit on back of 1 bln deferred tax
    Photo by MacroPolis

    EconomyBanking

    . The underlying profitability reflects pre-provision income (PPI) of 828 million in H1, up 5 percent coupled with a drop in loan provision by 17 percent to 705 million. The quarterly figures show PPI down 11... of PPI performance are net interest income (NII) evolution and cost containment. NII fell 6 percent

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  6. Eurobank turns profitable in Q1 for first time since Q3 2011, with net profit of 60 mln
    Photo by MacroPolis

    EconomyBanking

    reflects a notable rise in the pre-provision income (PPI) and a significant drop in loan loss provisions... in operating income coupled with cost containment led PPI up by almost 58 percent QoQ to 261.1 million... the financial performance in Q1, the management reiterated its guidance for mid-teen growth in PPI

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  7. BoG report reveals impact on banks’ capital from NPE reduction and loan sales
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyBanking

    examined four scenarios. The best-case scenario assumed increase in the pre-provision income (PPI) by 8... scenarios assumed: a) PPI rise of 12 percent and CoR of 1.3 percent and b) PPI increase of 5.5 percent

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  8. Stocks climb 4.8 pct on increased optimism about deal with institutions
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    income (PPI) rebounded by 5 percent quarter on quarter (QoQ) and 26.8 percent for 2016. Alpha Bank.... In addition, core PPI edged up 1.5 percent QoQ to 301.6 million in Q4. NBG remained profitable in Q4 with net profits of 73 million, while the full year figure stood at 53 million. Moreover, core PPI

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  9. Piraeus Bank posts net loss of 80 mln in Q1
    Image via www.piraeusbank.gr

    EconomyBanking

    income (PPI) fell by 55.1 percent quarter-on-quarter (QoQ) to 65 million. When excluding one-off... scheme and extraordinary staff costs of 138 million and 16 million, PPI rose by 26.6 percent to 203... effect, which was -7.8 percent, the bank said. The three-year cumulative baseline PPI was assumed

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  10. NBG net profit at 983 mln in 9M, NII up by 9 pct at 1.78 bln
    Image via www.nbg.com

    EconomyBanking

    percent annual rise. Core PPI was 1.46 billion euros, against 1.31 billion in 9M 2023, while PPI was 1.54... in 9M stood at 159 million, from 175 million in 2023. Core Pre-Provision Income (PPI) stood at 1.46

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