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Hydrocarbons add to tension between Turkey, Greece and Cyprus
PoliticsForeign Policyin Cyprus' block 6. On his return to Ankara, Erdogan revealed that his government was uncomfortable about... confirmed that it had made a lean gas discovery in Block 6 with Calypso 1 NFW. “An intensive and detailed... (EEZ)” a statement by ENI stressed on February 8. This was a blow to Ankara. According to Turkish
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Piraeus Bank posts net profit of 94 mln in Q3 and 40 mln in 9M
EconomyBankingto stand at 8 billion. P&L NII stood at 346 million euros in Q3, down by 1 percent, and declining by 16..., a strong increase of 74 percent QoQ. Operating expenses fell by 6 percent in Q3 to 249 million euros... amounted to 244 million versus 259 million for the previous quarter, down by 6 percent. In 9M, recurring
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Piraeus Bank posts net profit of 49 mln in Q4 and 270 mln in 2019
EconomyBanking. Deposits in Greece grew to 47.1 billion at the end of 2019, a rise of 6 percent YoY. Private sector... in 2019 stood at 982 million, a drop of 6 percent YoY. This trend improved the group’s recurring cost... increased by 6 percent. Overall deposits stood at 47.4 billion euros in 2019. Capital The pro-forma
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Newsletter 269 -16/10/2020
to extend its territorial waters from 6 to 12 nautical miles or lose all credibility in Progress... currently extend 6 nautical miles, adding that the option of extending to 12 miles will be exercised... economy contracted by 15.2 pct year-on-year in the second quarter and is just short of 8 pct lower
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NBG profits up to 714 mln in 9M as NPE ratio is reduced further
EconomyBankingin 2020, was up by 6 pct at 1.11 billion euros. Asset quality NPEs continued to drop, standing at 3.7... billion euros. The bank’s guidance for next fiscal year is 1.8 billion euros of NPEs and a ratio of 6 pct... million euros, an 8 pct drop YoY. Balance Sheet Group deposits amounted to 51.09 billion euros in 9M
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Credit contraction marginally decelerated to 3.9 pct in August
EconomyMacroeconomyCredit contraction in the Greek market marginally decelerated to 3.9 percent year on year (yoy) in August from 4.0 percent in July with balances reaching 221.79 billion euros, according to the Bank of Greece (BoG). Loan balances eased 0.3 percent month on month (m-o-m) for the fifth consecutive
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Election Watch: 24 parties and coalitions apply to contest election
AgoraLeninist Communist Party of Greece [KKE (m-l)/M-L KKE] * Democratic Party (DIKO) (Christos Anagnostou
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Election Watch: Greek voters to choose from 19 parties and coalitions
Agora) * Communist Party of Greece (Marxist-Leninist)/Marxist Leninist Communist Party of Greece [KKE (m-l)/M-L KKE] * Democrats/Koinonia Axion/Pirate Party of Greece * Golden Dawn (Nikos Michaloliakos
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Mitsotakis on offensive over Macedonia name deal after Zaev comments
PoliticsGreek Politics, which had been suggested recently by Zaev in an interview with Alsat–M with reference... revision in respect to the obligations of the other side.” In his interview with Alsat–M, FYROM
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Corruption claims, foreign policy missteps impede government’s efforts to build momentum
PoliticsGreek Politicsvia sources,” he added. “I’m clear in what I’m saying: I want a tough response.” The current
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