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  1. Newsletter 288 - 12/03/2021

    Newsletters

    it made a net profit of 544 million euros from continuing operations last year, compared with 257 million euros in 2019. On a quarterly basis, the bank recorded a net loss of 131.4 million euros in the fourth quarter (Q4) of 2020 compared to net profits of 84.7 million euros in Q3. Core pre

    32%
  2. Piraeus Bank posts 721 mln profit in 9M, NII up to 1.47 bln
    Photo by MacroPolis

    EconomyBanking

    Piraeus Bank posted a net profit of 721 million euros in 9M 2023, with Q3 2023 profit at 279... in, with 277 million euros in Q3, from 729 million in 9M 2022. Asset quality The NPE ratio dropped to 5.5... percent in 9M 2022. P&L Net interest income (NII) came to 1.47 billion euros, from 922 million euros

    31%
  3. The institutional weakness poisoning Greek politics

    Agora

    was ousted in acrimonious circumstances in 2000, going on to form LAOS. He then sat in the European... in 2011, he was the party leader with the healthiest bank balance and owned six apartments, two houses... three apartments, one house, two shops, a storeroom and a large plot of land. To make matters worse

    30%
  4. Newsletter 74 - 20/05/2016

    Newsletters

    by posting a positive bottom-line result for the first time since Q3 2011. In specific, the bank’s net... was marginally above target. A primary expenditure underspend of 1.82 billion helped the surplus. Apartment prices down Greek apartment prices fell by 5 percent in Q1 this year, compared to a 5.3 percent

    30%
  5. Q1 gg primary cash balance shows 2.5 bln surplus but 2014 arrears grow

    EconomyMacroeconomy

    (1.85 billion) and EFSF/ESM/IMF loans (1.3 billion) more than offsetting a net increase in short-term... loans by 2.07 billion and EFSF/ESM/IMF loans’ redemptions of 611 million. The gross debt structure

    30%
  6. General govt primary cash surplus falls to 2.6 bln in 2-month, arrears up for second month
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    exclusively for net arrears clearance. Debt The central government gross debt declined by 1.07 billion euros.... In contrast, the respective figure for the state budget dropped by 611 million to 1.63 billion

    30%
  7. Newsletter 190 -18/01/2018

    Newsletters

    billion euros and was below target by 611 million. Monthly net revenues totalled 5.34 billion euros

    30%
  8. Primary cash surplus at 16.19 bln in 2018, 3.18 bln spent on reducing arrears
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    to 44.20 billion euros and was below target by 611 million. Net revenues came to 50.96 billion euros

    30%
  9. Budget primary deficit reaches 9.09 bln for H1, up almost 3 bln on 2020
    Photo by MacroPolis

    EconomyMacroeconomy

    excluding interest payments and the public investment budget came to 26.7 billion euros. Net revenues... 611 million euros in compensation to lessors due to decreased rents; 155 million euros for the grant

    30%
  10. Newsletter 151 -16/02/2018

    Newsletters

    by 179 million, while net revenues stood at 4.18 billion euros and were above the target by 393... their target by 6 million euros. This led net revenues to rise by 3.3 percent. Primary expenditure... to winter sales. Apartment prices fall by 0.3 pct in Q4 2017 Average price drop for the year comes to 1

    30%