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NBG 2024 profits at 1.16 bln, commision income up 12 pct at 427 mln
EconomyBankingIncome (PPI) stood at 1.9 billion, up by 5 percent annually. Operating expenses in 2024 were 884 million
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Covid-19 data prolongs wait for re-opening amid new clash over policing
PoliticsGreek Politicsby a policeman. The day is usually marked by demonstrations, often ending in violent clashes between... appeared to show a policeman destroying flowers that had been laid at the spot where Grigoropoulos
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Newsletter 288 - 12/03/2021
some protestors pulling a policeman off his motorcycle and beating him. The police suggested... as “appalling” and focussing on the serious injuries suffered by the policeman. We warned against
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Spate of crimes tarnish ND's law and order image, force changes
PoliticsGreek PoliticsMitsotakis was due to attend on Friday the funeral of the 31-year-old policeman who was hit earlier...”, with the latest being the fatal stabbing this week of a policeman in a Thessaloniki bar, have shaken
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Greek households switch to natural gas in record numbers as winter approaches
EconomyFeaturesof the relevant regulation, and the completion of the main pipeline. The Public Gas Corporation (DEPA... from Russia, and 25 percent comes in the form of liquefied natural gas (LNG). DEPA was until recently... with EU regulations, which will reduce DEPA’s dominant position in the market. As of January 1, retail
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Grand projects and even loftier ambitions drive Greece's energy project bonanza
EconomyFeatures2017, the Greek gas utility DEPA tripled (albeit at a premium) its orders of LNG shipments to meet... by Greece’s DEPA and Italy’s Edison. The total cost of the project is estimated at 220 million... gas company DEPA recently signed a cooperation agreement, giving it a 20 percent stake in the project
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EC report analyses state of play with privatisations as HELPE hits obstacle
EconomyFeaturesrelated to the corporate restructuring of the state-owned gas transmission operator DEPA was adopted on 7.... However DEPA’s privatisation is tied to the completion of the state-owned oil company Hellenic... DEPA’s sale. Switzerland-based commodities trader and miner Glencore had formed a consortium
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Energy bill also unveiled as legislative activity intensifies
PoliticsGreek Politics, DEPA. The firm will be spun-off into three separate entities: retail, infrastructure... to be sold to a strategic investor. The international projects subsidiary will take over DEPA’s... in Alexandroupolis. According to the bill’s provisions, the start of the privatisation process for DEPA
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Under increasing domestic pressure, govt awaits EU signs for response to energy security threat
PoliticsGreek Politicssupplies”, while sources at Greece’s state-controlled gas company DEPA commented that “have matters... are approaching expiry and replacements have already been put in place. By contrast, DEPA recently signed a new... conditions without violating sanctions. DEPA is believed to have reached an informal agreement
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Value of HFSF participation in Greek banks falls to 17 billion
EconomyBankingof 859 million was recorded due to the drop in the valuation of bank warrants. The highest negative
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