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H1 bank results show performance stabilising, laying ground for further improvement
EconomyBankingin H1, an increase of 54 percent YoY. This was followed by NBG, where PPI rose by 26 percent to 310... interest income (NII) was highest in absolute terms for Alpha Bank, coming to 777 million euros in H1
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Athens ups diplomatic effort as Turkey plans hydrocarbon research in Greek continental shelf
PoliticsForeign Policyon the memorandum signed with the UN-recognised government in Libya’s Tripoli (GNA). Athens has also asked from... that Ankara has demarcated from its shores to the point where its sea borders meet Libya, based... Ankara for the sake of either the EU-Turkey deal on migration, or developments related to Libya
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Greek stocks up for second straight week, rising by 5.5 pct
EconomyThe Greek market advanced for the second successive week by 5.5 percent also supported by a rebound in the global markets. Institutions’ technical teams are working with Greek authorities..., the top underperformers included: Viohalco (-5.5 percent), Piraeus Port (-2.8 percent) and Coca Cola
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Wages index rises by 5.5 pct YoY in Q4, records first quarterly drop since Q3 2021
EconomyMacroeconomyGreece’s seasonally adjusted (SA) Wages Index maintained a solid growth trend in Q4, rising by 5.5 percent year-on-year (YoY), thought it slowed down from an upwards revised 6.3 percent in the third... adjusted (NSA) wages index increased by 5.5 percent YoY in Q4, in seven consecutive quarters of growth
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FM rallies opposition to Turkey-Libya deal as Athens prepares for EastMed signing
PoliticsForeign Policyfrom Ankara’s side, especially following the signing of two memoranda with Libya. In this context... announcement said that talks centred on the situation in Libya and prospects of ending the civil
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Greece, Turkey launch new round of talks as Libya sea deal casts shadow
PoliticsForeign PolicyForeign Minister Nikos Dendias is due in Brussels on Monday to attend the General Affairs Council which will focus, among other things, on the ongoing developments in Libya. According to media... in Libya on November 29, 2019. The inclusion of the memorandum’s sea zone maps in the UN's database
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New Democracy seeks to counter with marine parks and migration policy, rhetoric
PoliticsGreek Politicsof migrants. On Saturday, for instance, he posted on X that: “The illegal immigrants who entered from Libya... to take this emergency action after a massive increase in arrivals from Libya on Crete and nearby
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Retail sales drop at a faster pace of 5.5 pct in Nov
EconomyMacroeconomyThe turnover of Greece’s retail trade index fell for the sixth straight month In November at an accelerating pace of 5.5 percent from a revised 3.6 percent drop in October, Hellenic Statistical Agency (ELSTAT) data displayed on Friday. The November headline figure is the tenth negative reading
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Travel receipts rebound 2.3 pct in September, 9-month figure still points to a decline of 5.5 pct
EconomyMacroeconomyto a decline of 5.5 percent in travel receipts to 12.08 billion, while the corresponding payments rose
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Building activity rebounds 2.1 pct in Dec, falls 5.5 pct in 2016
EconomyMacroeconomyyear. The aggregate figures for the whole year point to a decrease of 5.5 percent, accelerating from
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