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  1. NBG 2024 profits at 1.16 bln, commision income up 12 pct at 427 mln
    Image: NBG

    EconomyBanking

    profit was 1.16 billion euros, compared to 1.1 billion euros in 2023, a 5 percent annual rise. PPI... stands at 18.3 percent, from 17.8 percent in 2023. The total capital ratio increased to 21.1 percent... Income (PPI) stood at 1.9 billion, up by 5 percent annually. Operating expenses in 2024 were 884 million

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  2. Newsletter 495 - 20/02/2026

    Newsletters

    highlighted Greece’s strategic role in the energy sector, particularly as a gateway for US LNG into Europe... to explore for gas south of Crete was “unlawful”, arguing that it violates the 2019 Turkey–Libya maritime memorandum and Libya’s declared maritime claims. Greece considers those claims null and void

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  3. Athens strives to build opposition to Turkey-Libya deal as France pledges support in East Med
    Photo via https://flic.kr/p/2itcUXr

    PoliticsForeign Policy

    activities in Libya and the broader Eastern Mediterranean. With this in mind, Foreign Minister Nikos... stance regarding the situation in Libya. On the one hand, Greece supports a political solution..., as a neighbouring country of Libya directly affected by developments there, and as a factor for stability

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  4. Mitsotakis seeks Libya cooperation, keeps open mind on extending territorial waters
    Image: www.primeminister.gr

    PoliticsForeign Policy

    to contest and challenge in practical terms Greek sovereign rights via the Libya-Turkey memorandum. Commenting on the attitude of Turkey and the memorandum with Libya, Mitsotakis announced the intention of Greece to approach Libya on a number of issues, including the beginning of talks

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  5. Migration opens new front for government after Libya snub

    PoliticsGreek Politics

    at the border of Libya where it had arrived for talks on managing Mediterranean boat crossings. Plevris was part... managing migration flows to Europe from the breakaway region of eastern Libya. Scheduled talks... Libya stem the flows to ease pressure on the island of Crete, which has seen a steep increase

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  6. Greece reignites energy alliance talks with Israel and Cyprus amid US interest
    Photo by Aris Roupinas via https://www.pio.gov.cy/en/

    PoliticsForeign Policy

    to Ukraine. The Vertical Gas Corridor, designed to significantly increase gas supplies from LNG terminals... hydrocarbons by enabling the bidirectional flow of gas — primarily regasified liquefied natural gas (LNG... drive demand for US liquefied natural gas (LNG), which is facilitated in one way or another not only

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  7. EC spring forecast sees growth of 2.2 pct in 2019, 2020 but warns of hampered public investments
    Photo by TP via Flickr https://flic.kr/p/5WRaRc

    EconomyMacroeconomy

    that it is now expecting the country to grow by 2.2 percent this year compared to an estimation of 2... consumption stayed on course and rose by 1.1 percent last year. The rate is seen as rising by 1.3 percent... is external risks. While growth is anticipated to reach 2.2 percent this year and in 2020, a negative

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  8. Newsletter 334 - 08/04/2022

    Newsletters

    with alternative sources through LNG shipments, and to increase the capacity available for strategic gas storage. DESFA, the owner of Greece’s only LNG terminal at Revithoussa, is planning to increase... more LNG shipments and long-distance power interconnectors. The US diplomat argued

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  9. Industrial production up by 1.1 pct in Dec and 1 pct overall in 2018

    EconomyMacroeconomy

    of 2.2 percent in the water supply index, 1.4 percent in the electricity production index and 1.1...Greece’s Industrial Production Index (IPI) grew year-on-year (YoY) by 1.1 percent in December from... with a fall of 13.8 percent. The seasonally adjusted IPI fell by 1.1 percent and came to 97.42 from

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  10. Athens formulates response to Turkey-Libya maritime deal it deems null and void

    PoliticsForeign Policy

    Turkey and the Tripoli-based Government of National Accord in Libya, which has rocked relations... to the agreement Turkey made with the Libyans. Ambassador expelled Athens has decided to expel Libya’s... Libya and Turkey. Mohamed Younis AB Menfi had 72 hours to leave the country, Greek Foreign Minister

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