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Tempe reverberations continue as PM reacts to ongoing protests
PoliticsGreek Politicsto lose. There was also speculation that Mitsotakis made this switch in order to put Dendias... democrats. With the start of the trial still a few months away and court proceedings expected to last
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Reshuffle on horizon as second OPEKEPE dossier rattles government
PoliticsGreek Politics, that the scandal does not touch the party as a whole. Party insiders have already been trying to put clear... in the investigation are not subject to any immunity proceedings. In the case of the former minister and deputy
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Mitsotakis distances himself from Israel’s Lebanon offensive as industry warns of energy crunch
PoliticsGreek Politicstheir own proposals. The ministry has blamed EU state aid rules for rejecting most of the schemes put... and parliamentary proceedings. Despite the undercurrent of objections to the deepening ties with Israel
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Eurobank records net loss of 207.4 mln in Q1
EconomyBankingEurobank kicked off Greek banks’ Q1 results releases posting a net loss of 207.4 million euros in Q1 2014 from 913.1 in Q4 2013. The lower loss reflects an improvement in pre-provision income (PPI... year on year but only QoQ. Higher PPI QoQ at 194 million in Q1 is fully attributed to lower costs
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National Bank posts 9-month profits of 1.18 bln
EconomyBankingreflect an improvement in the pre-provision income (PPI) by 6 percent to 413 million outpacing..., the key drivers of PPI evolution are net interest income (NII) recovery and cost containment. NII
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Eurobank posts loss of 523.7 mln in Q4 2014
EconomyBanking(PPI). Core PPI rose 9.8 percent QoQ to 210.6 million in Q4 reflecting a rebound in the core revenue
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Piraeus Bank brings Q1 2015 losses down to 69 mln
EconomyBankingtime over the past four years. Pre-provision income (PPI) more than doubled quarter on quarter (QoQ.... Excluding these extraordinary factors, the recurring PPI improved by 7 percent QoQ to 266 million
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NBG reports net losses of 401 mln in Q3, NPL formation accelerates in Greece
EconomyBankingpre-provision income (PPI), a sharp drop in loan provisions and the negative impact from one-offs... QoQ to 525 million, NBG posted a marked decline in PPI by 46 percent to 234 million. After a sharp
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Loss-making Q4 and 2015 for Alpha, targets positive bottom-line in 2016
EconomyBankingtrading income, the bank’s core pre-provision income (PPI) fell 3 percent quarter on quarter (QoQ... improved cost of risk with minimal increase in the NPL ratio on broadly stable NPL formation and PPI
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Greek stocks slip 0.4 pct during week
EconomyPiraeus reported net loss of 37 million in the first quarter (Q1), while core pre-provision income (PPI... and cost containment. In contrast, NBG posted net profit of 81 million in Q1 with core PPI rising by 21
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