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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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Seeking to shore up right flank, Mitsotakis unveils steps to tackle campus violence
PoliticsGreek PoliticsAmid ongoing speculation about former New Democracy leader Antonis Samaras launching his own right-wing party and the ruling conservatives leaking support to smaller parties, Prime Minister Kyriakos Mitsotakis is trying to find ways to connect with ND’s...
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SYRIZA attempts latest restart as parties gear up for next Tempe showdown
PoliticsGreek PoliticsLeftist opposition party SYRIZA began its latest party conference on Thursday. With the grouping struggling to even hold its ground in the opinion polls, leader Sokratis Famellos called for the congress to be a “restart” moment for the party, which led ...
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Union report sums up grim state of wages, policy shortcomings
EconomyMacroeconomyThe latest annual report by Greece’s largest union, GSEE, captures the grim picture regarding wages in Greece and the spending power of workers. The data highlights the government’s shortcomings in translating the growth of recent years into better real...
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Firefighting capabilities beefed up as blazes and water shortages weigh on government
PoliticsGreek PoliticsPrime Minister Kyriakos Mitsotakis said on Friday that Greece’s defences against wildfires have been the strongest they have ever been but the realities of the climate crisis, whether in the form of summer blazes or water shortages, are becoming ever-mo...
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Opposition lines up attack on government over wildfires with visits to affected areas
PoliticsGreek PoliticsOpposition parties are preparing to lift their unofficial moratorium on criticising the government for its handling of several serious wildfires which left a tail of devastation across different parts of the country since the start of August. Party dele...
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Athens seeks talks with Erdogan as Turkey steps up diplomatic activity in region
PoliticsForeign PolicyAthens will seek to overcome the stalemate in its political dialogue with Ankara during a meeting that Greek Prime Minister Kyriakos Mitsotakis is aiming to have with Turkey’s President Recep Tayyip Erdogan in New York. If the two leaders meet, it will ...
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At sidelines of UNGA, Mitsotakis talks up Greece’s prospects as energy, tech hub
PoliticsGreek PoliticsDespite the cancellation of his meeting with Turkish President Recep Tayyip Erdogan at the sidelines of the 80th United Nations General Assembly (UNGA), Prime Minister Kyriakos Mitsotakis has had a busy week of talks in New York, during which has tried ...
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