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  1. NBG 2024 profits at 1.16 bln, commision income up 12 pct at 427 mln
    Image: NBG

    EconomyBanking

    Income (PPI) stood at 1.9 billion, up by 5 percent annually. Operating expenses in 2024 were 884 million

    62%
  2. Greek-Turkish tensions flare over Turkey’s bid to join SAFE
    Photo by EC - Audiovisual Service

    PoliticsForeign Policy

    stipulates that “involvement of the contractor or subcontractor in the common procurement does

    62%
  3. April primary surplus beats target thanks to improved taxes and contained spending

    EconomyMacroeconomy

    884 million euros from the RRF this year.

    62%
  4. Timing factors and contained spending keep primary balance 2.89 bln above target in April
    Finance Ministry

    EconomyMacroeconomy

    euros. It has also received a new tranche from the RRF of 884 million euros.

    62%
  5. Budget balance up to May well above target as VAT brings in 650 mln more than planned

    EconomyMacroeconomy

    also received a new tranche from the RRF of 884 million euros.

    62%
  6. Alpha Bank posts net profits of 59.4 mln in Q2, NPE sales worth 3.7 bln planned for remainder of year

    EconomyBanking

    (+1.4%), implying a CoR of 1.9% over gross loans, same as in the previous quarter vs. an average

    60%
  7. NBG results show net profits of 465 mln euros on strong income
    Photo by MacroPolis

    EconomyBanking

    , the underlying CoR stood at 97 bps in the first half of the year. Eurosystem funding amounted to 10.5

    60%
  8. Alpha Bank Q3 results reflect net profits of 43.8 mln
    Photo by MacroPolis

    EconomyBanking

    million. The cost of risk (CoR) stood at 1.7 percent over net loans versus 2.6 percent

    60%
  9. NBG results show net profits of 602 mln euros in 9M
    Photo by MacroPolis

    EconomyBanking

    , the underlying CoR came to 99 bps. Eurosystem funding amounted to 10.5 billion in Q3, unchanged QoQ

    60%
  10. After local elections in Turkey, Athens hopes recent tension with Ankara will ease
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsForeign Policy

    sources, the Turkish Ambassador to Greece, Burak Özügergin, has given reassurances to his interlocutors

    55%