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  1. Alpha Bank posts net profits of 48.1 mln in Q1, Greek NPE formation turns slightly negative on write-offs
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    EconomyBanking

    for the third successive quarter. Net profits more than doubled to 48.1 million euros in Q1 from 20.1...-on-quarter (QoQ) to 305 million, mostly reflecting a drop in operating expenses following... by more than 100 million to 33.1 billion. The bank noted that Q1 deposits were positively affected

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  2. Stocks rise for first time in three weeks, gaining 1.1 pct
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    . Corporate news Alpha’s Q1 net profits more than doubled quarter on quarter to 48.1 million, while core pre-provision income rebounded by 1.2 percent to 305 million. Marfin Investment Group (MIG) showed... than halved to 13.1 million. Lamda Development reported a rise of 6.3 percent in Q1 net profits

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  3. Budget primary surplus at 4.18 bln in Sept as EU co-financed projects fall short
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    EconomyMacroeconomy

    increased by 2 percent to 35.26 billion, lower than the target by 305 million. PIB PIB revenues came... million in the first nine months of the year, 805 million better than the target.

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  4. Primary surplus confirmed at 4.80 bln on lower tax refunds and public investments
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    percent to 35.26 billion, lower than the target by 305 million. The MoF noted that the movement..., 805 million better than the target.

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  5. Athens takes plunge on gas exploration, sees hope in Israel-Lebanon deal
    Image: https://flic.kr/p/2nYAi5M

    PoliticsForeign Policy

    and the island of Crete. "We want to make an opening with Libya as a whole, so that we can finally... located in the area between Greece and Libya," Mitsotakis said in an interview with ANT-1 TV, last Monday. It appears that Athens has decided to begin surveys in response to the recent Turkish-Libya

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  6. Corruption claims, foreign policy missteps impede government’s efforts to build momentum
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    PoliticsGreek Politics

    relations with Libya and the submission of two note verbale by the Tripoli-based government... deems not be in line with international law. In the notes, Libya claims that Greece’s maritime agreement... spokesman Stelios Petsas. The centre-right MP called for Athens to “toughen its stance” regarding Libya

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  7. Deposit flow in positive territory at 638 mln in May
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    million, mitigated by general government outflows of 305 million. Following the positive deposit flow... currently stands at 43.6 billion, 47.4 billion lower than that in mid-August 2015.

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  8. Budget primary surplus at 823 mln in February
    Photo by MacroPolis

    EconomyMacroeconomy

    than the target by 398 million euros or 4.6 percent. The full revenue breakdown will be provided... by 305 million euros. This was largely due to decreases in additional allowances (included in category

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  9. Budget primary surplus confirmed at 831 mln in Feb
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    EconomyMacroeconomy

    by 257 million euros. On an aggregate basis, gross revenues came to 8.28 billion euros, lower than... compared to the relevant period last year by 305 million euros. This was mainly due to lower additional

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  10. Newsletter 286 - 26/02/2021

    Newsletters

    Covid-19 wards in the Greek capital are in short supply again. More than 90% were taken up this week... was negative with a 305 million-euro drop in lending, compared to an increase of 1.65 billion euros

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