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NBG 2024 profits at 1.16 bln, commision income up 12 pct at 427 mln
EconomyBankingprofit was 1.16 billion euros, compared to 1.1 billion euros in 2023, a 5 percent annual rise. PPI... Income (PPI) stood at 1.9 billion, up by 5 percent annually. Operating expenses in 2024 were 884 million
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Mitsotakis raises alarm over Hormuz, Turkey and new geography of European security
PoliticsGreek Politicsas a regional stabiliser, and as a European voice that understands the Middle East not as a distant
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Greece prepares more measures to support economy after Eurogroup relaxes fiscal restrictions
EconomyProgrammethat are being affected by the outbreak. “Automatic stabilisers will fully play their role,” said eurozone
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Government initiative on supermarket prices reignites cost-of-living row
PoliticsGreek Politicsand publish the stabilised prices on a weekly basis. The goods must be displayed in a visible way... binds the country’s largest supermarket groups to stabilise prices on a basket of essential goods
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Iran war creates turbulence for Greek tourism outlook
EconomyFeaturesbefore demand stabilised. The decline in interest in the Eastern Mediterranean has created a windfall... breakthrough could reopen the Strait of Hormuz and stabilise oil prices. For Greece, this would mean a short
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Alpha Bank posts loss of 94.1 mln in Q1
EconomyBanking. This year’s financial performance showed a pre-provision income (PPI) of 250 million euros from 72 million
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Piraeus Bank reports loss of 247 mln for Q1
EconomyBanking). Pre-provision income (PPI) fell 7 percent to 252 million, reflecting a decline in operating income
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Alpha Bank nine-month profits at 110.3 mln, NPL ratio at 33.6 pct
EconomyBankingrespectively. Core pre-provision income (PPI) - excluding trading income and one-off expenses – rose
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Alpha Bank net losses rise to 440mln in Q4 2014, NPL ratio at 33 pct
EconomyBankingincome (PPI) - excluding trading income and one-off expenses – fell 10.8 percent QoQ to 251.6 million
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Piraeus Bank net losses at 332 mln in Q4 2014, NPLs drop under 39 pct
EconomyBankingPiraeus Bank reported net losses of 332 million euros the fourth quarter (Q4) of 2014 from 1.56 billion in Q3, which were exceptionally high due to a sharp rise in impairment losses to 2.24 billion. Pre-provision income (PPI) more than halved quarter on quarter (QoQ) to 111 million, mainly
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