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Piraeus Bank impairments impact H1 results as NPE clean-up accelerates
EconomyBankingthe 470 million in H1 2020. Excluding once-off items PPI was 633 million euros. Net interest income (NII..., compared with 670 million euros in H1 of 2020. One-off items and provisioning, including those related
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New cabinet meets with focus on fire fallout, policy roadmap
PoliticsGreek Politicsa stand-off with unions after close to 6,000 frontline staff were barred from coming to work on September... and digital transformation. On Thursday, the government ticked off one of its immediate policy targets
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Piraeus records loss of 3.09 bln as aggressive NPE reduction carries impairments
EconomyBankingincreased to 1.18 billion euros, a 61 pct rise from the 732 million in 9M 2020. Excluding one-off items...-off items and provisioning, including those related to Covid, but also to NPE clean up initiatives
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Surprise handout announcement provokes storm of criticism from opposition
PoliticsGreek Politicsprice rises, while also accusing him of selling off the assets of the state-controlled power utility... doses, appointments for first doses in the older age groups have all but tailed off. Plevris insisted
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Papandreou boasts strong backing as KINAL gears up to elect new leader
PoliticsGreek Politicswill compete for the two spots in the run-off vote that is due to be held on Sunday, December 12. The three... in November 2017, around 210,000 people voted in the first round and more than 155,000 in the run-off vote
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Economic sentiment drops by 3.1 pts in Dec, little change in consumer confidence over year
EconomyMacroeconomydropped sharply by 8.8 points to 37.5, coming off the year high. This year, services confidence has... indicator dropped by a further 8.4 points, turning negative at -7, well off the recent high of 12.3
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Economic sentiment on up again after 4.2 pt rise in Jan
EconomyMacroeconomyby 7.9 points to 11.3, coming off the recent high. The sector sentiment is up by 21.4 points since... into negative territory at -14.8, well off the recent high of 12.3 points in September, leading
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Economic sentiment stable in Feb, consumer confidence improves
EconomyMacroeconomyto 10, coming off the recent high in December. The sector sentiment is up by 11.3 points since March... territory at -6.6, well off the recent high of 12.3 points in September, improved by 5.6 points since March
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Economic sentiment holds in Mar as consumer confidence falls sharply
EconomyMacroeconomyby 1.9 points to 8.1, coming off the recent high in December. The sector sentiment is up by 4.9 points... in negative territory at -3.7, well off the recent high of 12.3 points in September, deteriorated
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Government on mission to manage expectations in anticipation of tough winter
PoliticsGreek Politicsswitching off one in 10 street lights and turning off the illuminations on public monuments after 3 am
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