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  1. Piraeus Bank net interest income jumps to 420 mln in Q1, up 71 pct
    Image via www.piraeusbank.gr

    EconomyBanking

    Piraeus Bank posted a net profit of 180 million euros in Q1 2023, from a profit of 521 million euros, the same quarter last year, thanks to one-off gains of 518 million euros. In 2023, clean-up impairments stood at 21 million euros, from 152 million euros in Q1 2022. Normalised operating profit

    2%

  2. NBG NII jumps 73 pct in Q1 to 497 mln
    Photo by MacroPolis

    EconomyBanking

    National Bank of Greece (NBG) reported a profit after tax of 260 million euros in Q1 2023, compared to a profit of 360 million euros in 2022, a drop of 28 percent. Last year included one-off gains of 152 million euros, with core profit after tax in Q1 at 228 million euros, up 88 million euros in Q1

    2%

  3. Early goals set as new cabinet gets to grips with tasks for ND's second term
    Image: https://www.primeminister.gr/

    PoliticsGreek Politics

    The new cabinet, chosen by Prime Minister Kyriakos Mitsotakis after his re-election on Sunday, is due to meet for the first time on Wednesday as the government looks to pick up where it left off in May and continue what the New Democracy leader has labelled the “transformation” of Greece

    2%

  4. Economic sentiment approaches pre-Ukraine war high, consumer confidence highest since 2021
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    off the recent high of over 114 points seen in February 2022, before the Ukraine conflict

    2%

  5. Economic sentiment indicators inch up again in July
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    2022 and not far off the recent high of over 114 points seen in February 2022, before the Ukraine

    2%

  6. NBG's NII jumps 75 pct to 1.05 bln in H1
    Photo by MacroPolis

    EconomyBanking

    National Bank of Greece (NBG) reported a core profit after tax of 508 million euros in H1 2023, compared to a profit of 142 million euros in 2022, a significant rise year-on-year. Attributable profit was 530 million euros, compared to 546 million euros in H1 2022, as last year included one-off

    2%

  7. ND keeps eye on upcoming local elections amid ongoing complaints about wildfires

    PoliticsGreek Politics

    9, and then the run-off vote on September 16. Although the membership book is open until voting day

    2%

  8. Poll suggests mood souring for government, SYRIZA leadership race wide open
    Photo by MacroPolis

    PoliticsGreek Politics

    , there will be a run-off vote a week later between the two leading hopefuls. Metron Analysis also examined

    2%

  9. Consumer confidence takes 10-point dive in September
    Photo by MacroPolis

    EconomyMacroeconomy

    , and is now at the highest since early 2022. It is not far off the recent high of more than 114 points

    2%

  10. SYRIZA's left wing a step closer to walking out, creating window of opportunity for PASOK
    Image: https://www.syriza.gr/

    PoliticsGreek Politics

    is better off not having to make such compromises. However, the initial challenge he will face

    2%