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  1. Piraeus reports 1.24 bln euros profit for 2024, commissions income at 636 mln
    Image via www.piraeusbank.gr

    EconomyBanking

    at 182 million euros, from 306 million euros in 2023. Balance sheet Customer deposits were 59.76

    12%

  2. Greece locked in talks with Egypt over monastery, struggles to gain footing in Libya
    Image: https://www.mfa.gr/

    PoliticsForeign Policy

    Decree 306 of 1974, with all areas designated archaeological sites. Following the lengthy talks

    12%

  3. HRADF's updated plan for 19 privatisation projects published
    Photo via Flickr https://flic.kr/p/9SDyrr

    Economy

    The concession agreement for the sale of a 67 percent stake in Piraeus Port (OLP) to COSCO was ratified... of the regulatory port authority to an independent authority and the transfer of OLP administrative responsibilities to the regulatory port authority based on the revised concession agreement

    12%

  4. Newsletter 99 - 09/12/2016

    Newsletters

    of the 2.7 million pensioners in Greece will receive a one-off payment between 300 and 830 euros..., such as a partial debt write-off (in nominal terms) and longer grace periods for repayment obligations. It remains... successive year, albeit slightly, by 0.6 percent to 947 million US dollars in mid-2016. The wealth per adult

    12%

  5. Newsletter 266 -18/09/2020

    Newsletters

    was a reminder of the way in which Mitsotakis’s premiership can be knocked off course by non-political...” has paid off as Turkey withdrew the Oruc Reis research vessel and aides to the two country’s leaders... efforts to clear all state arrears by mid-2021. On the macro front, the Commission maintains its latest

    12%

  6. Draft budget sees EU funds fuelling recovery of 7.5 pct in 2021, after 8.2 contraction this year
    Photo by MacroPolis

    EconomyMacroeconomy

    expects this year’s recession at 8.2 pct, which is way off the 4.7 pct baseline recession scenario... to September this year, it would shave off 3 percentage points of the growth to 4.5 pct... that the government expects from mid-2021. The Greek economy is forecast to grow by 7.5 pct, in a complete

    12%

  7. Piraeus announces transformation plan amid 2020 loss of 662 mln
    Image via www.piraeusbank.gr

    EconomyBanking

    from Covid and one-off loan securitisation losses. The bank offset this news with the announcement... for the year came to 1.32 billion euros, with one-off initiatives and provisioning related to Covid..., in mid-2021, further decreasing the NPE stock of the Group. It also announced that it submitted

    12%

  8. Newsletter 55 - 12/12/2015

    Newsletters

    in the near future with Piraeus Port (OLP), with the deadline for the submission of binding bids set...% stake in Piraeus Port is December 21. in the summer and there are currently two candidates... of 2016. Another key privatization project is the sale of a 67-percent stake in Thessaloniki Port

    11%

  9. Tsipras travels to China hoping to fulfil ambition of closer Sino-Greek ties
    Photo via Flickr https://flic.kr/p/7UPobA

    PoliticsForeign Policy

    interest in boosting cooperation with Beijing, especially following the deal to privatise the Piraeus Port..., with COSCO signing a 368.5-million-euro agreement on April 8 for a majority stake in the port... in the next decade. China is also interested in the Thessaloniki Port Authority, which is an issue

    11%

  10. Tsipras faces challenge in turning promise of China trip into reality
    Photo via @PrimeministerGR

    PoliticsForeign Policy

    in the Piraeus Port Authority for nearly 370 million euros. Apart from the fact that COSCO is a major investor... the resistance it is meeting from port workers, who have been holding rolling strikes over the last... from Asia would be taken to the Slovenian port of Koper, while the other 50 would arrive in Piraeus

    11%