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  1. Alpha Bank's NII at 1.65 bln in 2023, rising by 41 pct
    Photo by MacroPolis

    EconomyBanking

    Alpha Bank reported a net profit of 611 million euros in 2023, compared to a profit of 368 million euros in 2022. Normalised profit after tax for 2023 was 780 million euros, from 398 million in 2022, a rise of 96 percent. Core pre-provision income (PPI) in 2023 was 1.25 billion euros, from 717

    16%

  2. Construction shows first signs of recovery in 2025 as building activity rises 31.6 pct YoY in May
    Photo by MacroPolis

    EconomyMacroeconomy

    in Attica (611), in line with the historical trend, and the smallest number of permits were issued

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  3. This is what's in the legislation Greece has to approve by Wednesday night

    EconomyProgramme

    . Only for 2015, the advance payment rises to 75 percent (from 55 percent). The luxury tax is extended... the luxury tax In addition, incremental revenues of 600 million (0.3 percent of GDP) are expected from

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  4. Newsletter 46 - 09/10/2015

    Newsletters

    a luxury, government must not mismanage cooperation Mid-October “milestones” represent a prime example..., but time is a luxury. The second Syriza-led government will have to engage in repair work on its

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  5. Back from the brink: What next for Greece's property market?
    Photo by Giannis Papanikos/Fosphotos

    EconomyFeatures

    tax continue to put off overseas investors. The one property sector that is doing well is the luxury... that the prices in even luxury markets have dropped by some 50 percent since the start of the crisis

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  6. Greece's golden visa scheme brings revenues, but risks as well

    EconomyFeatures

    hotel units as well as luxury residences. Cyprus’s equivalent programme, which has been in operation... to increased demand for smaller city apartments as well as luxury properties in resort destinations

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  7. Plans for Hellinikon development set out, emphasis on real estate revenues
    Photo via https://www.lamdadev.com

    EconomyFeatures

    borrowing, 400 million euros from the pre-sale of luxury apartments and 150 million from a pending bond.... As part of the pre-sale, 800 luxury units on the beachfront will be prioritised. Excluding these coastal

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  8. Watchdog's ruling in voter email leak prompts opposition calls for minister to resign

    PoliticsGreek Politics

    on the Interior Ministry in connection to the leaked emails. They were found to have breached data... the time of the national elections. Someone from the Interior Ministry, who has not been identified... for the European Parliament elections next month. Interior Minister Niki Kerameus has stressed

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  9. Percentage of people in Greece at risk of poverty rises, tops EU list
    Photo by Harry van Versendaal

    Society

    vulnerable such as homeless, irregular migrants and Roma, leaves little room for doubt

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  10. In the absence of light, darkness grows
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Agora

    . It also indicated that a slight majority of Greeks have unfavorable views of Roma and Muslims

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