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Piraeus Bank posts 721 mln profit in 9M, NII up to 1.47 bln
EconomyBankingPiraeus Bank posted a net profit of 721 million euros in 9M 2023, with Q3 2023 profit at 279 million euros, from 331 million euros in 9M 2022. Normalised operating profit was 577 million euros in, with 277 million euros in Q3, from 729 million in 9M 2022. Asset quality The NPE ratio dropped to 5.5
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Stage set for censure motion as Parliament votes to review charges against deputy minister
PoliticsGreek Politicsfor interfering with the scene of the crash. The motion was carried with 277 votes in favour, 12 against
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Tsipras conducts varied reshuffle in further bid to revitalise coalition
PoliticsGreek Politicsbe leaving the Interior Ministry to become SYRIZA’s secretary, several other frontline officials... role is Alexis Haritsis. The 41-year-old was appointed interior minister, replacing the outgoing... is one of the few cabinet members to emerge with his reputation relatively intact. The Interior
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Newsletter 417 - 22/03/2024
by the Interior Ministry, a Greek prosecutor and the country's data protection authority, while several... the upcoming European Parliament elections, and the resignations of a senior Interior Ministry official... that the email list was leaked from the Interior Ministry during the tenure of the caretaker government
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PM makes limited, cautious changes to cabinet after election disappointment
PoliticsGreek Politicsat ministerial level in five departments: Development, Migration, Interior, Labour and Agricultural... as Interior Minister. Kostas Tsiaras, once a justice minister under Mitsotakis, becomes the new agriculture minister. Niki Kerameus is being moved from the Interior Ministry to the Labour Ministry
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Newsletter 428 - 21/06/2024
: Development, Migration, Interior, Labour and Agricultural Development. The new head of the Development Ministry is Takis Theodorikakos, who has previously served as Interior Minister. Kostas Tsiaras... is being moved from the Interior Ministry to the Labour Ministry, where she is replacing one of the few
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Greek Parliament's budget office questions primary surplus sustainability
EconomyMacroeconomyIn its latest quarterly report released on Friday, the Greek Parliamentary Budget Office (PBO) argues that despite significant achievements in 2014, the Greek economy still has a long way to go to overcome the obstacles in its path. The PBO notes the ratification of Greece's primary surplus in 2013
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Parliament's budget office sees Greek recovery finely poised
EconomyMacroeconomyIn its latest quarterly report published on Monday, the Parliamentary Budget Office (PBO) argues that the Greek economy could grow by more than expected this year but that a series of concerns, including bank stress tests, unpaid taxes, lack of structural reforms and stagnant exports could yet
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Greece's Parliament Budget Office sees lack of post-bailout plan
EconomyMacroeconomyIn its latest quarterly report published on Wednesday, Greece’s Parliamentary Budget Office (PBO) set out its concerns about the country’s preparedness for exiting the troika Memorandum of Understanding (MoU). The PBO notes that, as part of the ongoing review, the government is negotiating if, how
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Parliament's budget office rings alarm bell on economic prospects
EconomyMacroeconomyThe Greek economy deteriorated in the first half of 2015 and the country has entered again into a recessionary trajectory, according to the quarterly report of the Parliamentary Budget Office (PBO). The key rationale lies with the uncertainty that stemmed from the extended deposit outflows
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