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Greece and Turkey launch latest round of talks, building up to Ankara visit by Mitsotakis
PoliticsForeign PolicyMonday’s meeting in Ankara between Deputy Foreign Minister Alexandra Papadopoulou and her Turkish counterpart Burak Akçapar signals the beginning of a new round of talks between Greece and Turkey within the framework of the political dialogue that was a...
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Piraeus Bank net interest income jumps by 16 pct to 518 mln in Q1, commission income up 19 pct
EconomyBankingPiraeus Bank posted a net profit of 233 million euros in Q1 2024, from 180 million euros in Q1 last year. Normalised operating profit was 279 million euros in Q1, compared to 204 million euros in Q1 2023. Asset quality The NPE ratio was stable at 3.5 pe...
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Podcast - Wake up poll: Euro elections jolt Greek politics
AgoraThe European Parliament elections held in Greece on June 9 produced a few surprises, some of which could be significant for the country's political scene over the next few months and years. The ruling centre-right party, New Democracy, performed worse t...
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Moody's latest agency to up outlook to positive, keeps rating below investment grade
EconomyOn Friday, Moody’s upped Greece’s outlook to positive from stable, keeping the rating unchanged at ‘Ba1’, thereby remaining the only agency that is yet to grant the investment grade to Greece, keeping it just one notch below. After the upgrade by Fitch ...
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Athens ponders Syria shake-up with particular focus on Turkey
PoliticsForeign PolicyAthens is assessing how it should react to developments in Syria after insurgents led by HTS toppled Bashar al-Assad in Damascus, triggering changes in the broader geopolitical landscape. Syria dominated discussions at Thursday’s meeting of the National...
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PM weighs up options over pick for president ahead of January decision
PoliticsGreek PoliticsPrime Minister Kyriakos Mitsotakis presided over the last cabinet meeting of 2024 on Monday and is aiming to meet with his ministerial team again in the second week of January, when the media’s attention will be on who the PM will pick as his candidate ...
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Greece makes first contact with new Syrian leader as PM chases up missile issue in Paris
PoliticsForeign PolicyGreece has decided to take its first steps towards building close ties with a post-Assad Syria. That was the main aim of the visit made by Greek Foreign Minister Giorgos Gerapetritis to Damascus on Sunday, where he met with Syrian Interim President Ahme...
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Credit expansion picks up pace in Jan with 10 pct YoY rise
EconomyMacroeconomyThe credit expansion in the Greek private sector remained strong in January, rising by 10 percent year-on-year (YoY), from 8.9 percent in the previous month, Bank of Greece (BoG) figures released on Thursday showed. The net lending flow was negative by ...
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Piraeus Bank profit at 284 mln in Q1, commissions income up to 160 mln
EconomyBankingPiraeus Bank posted a net profit of 284 million euros in Q1 2025, from 233 million euros in Q1 2024. Net interest income (NII) came to 481 million euros in Q1, while net fee income was 160 million euros, from 518 million and 145 million euros respective...
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Opposition amps up criticism over Gaza stance and farming payments scandal
PoliticsGreek PoliticsThe government is facing intensifying criticism from opposition parties over its position on Gaza, as its latest actions on the global scene put it increasingly at odds with the mood in the Greek Parliament. The European prosecutor’s probe into agricult...
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