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Piraeus Bank posts net loss of 232 mln in Q1 due to Covid-19 impact
EconomyBankingbillion in Q1 and further to 46.4 billion in May. Private sector deposits increased by 1.3 billion up to late May. The liquidity coverage ratio stood at 131 percent in Q1 and the net loans to deposits... holding company listed on the Athens Stock Exchange. Capital The pro-forma CET1 ratio as of Q1
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PBO ups growth estimate to 3.6-4.8 pct, warns of complacency and inequality risks
EconomyMacroeconomy. Other short-term indicators showed significant improvement in May, as the economy re-opened... of the pandemic and this may have caused permanent damage. Since the fiscal stance was not able to fully cover those losses, certain businesses and households will need hand-holding even after the end
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Athens turns attention to Libya, advocates EastMed energy cooperation
PoliticsForeign Policyseek to diversify our energy sources, Egypt may become a supplier of energy that will be mainly... in the Eastern Mediterranean heading to Europe that may include an interconnection for the transmission... the meeting Dendias stressed again that “there is a timetable of necessary actions; firstly, the holding
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Newsletter 333 - 01/04/2022
minister suggest during an economic conference this week that the next government may have to be made up..., consumer confidence lost steam in May last year and has been dropping back towards the previous low... with the electoral scheme and holding a vote before his four-year term is up seems a natural reaction to recent
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PM sets out winter relief measures, rules out change to electoral law
PoliticsGreek PoliticsMay next year. Regarding the housing benefit for young Greeks, the PM said that 1.8 billion euros... will be their shortcomings about SYRIZA and any coalition it may lead if the centre-right party fails to get... with the electoral law his government adopted in 2020, holding the vote at the end of ND’s four-year
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Tsipras on alert for snap elections, but Mitsotakis looks set to stay course
PoliticsGreek Politics, if needed, coming in May, before school leavers’ have to sit their university entrance exams. It is more... of the spyware in Greece, company offices and homes were raided as officials try to gather evidence that may... that Mitsotakis faces in terms of holding on for as long as possible before calling elections
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Androulakis attacks PM over rule of law, but PASOK's dilemma remains
PoliticsGreek Politicsof the Greek political arena, Androulakis may find himself in an extremely uncomfortable position over the weeks to come and may even be forced into a position where he has to swallow the critical... of performing its normal role of holding the government to account, the media is becoming ever more
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Formalities proceed, paving way for June 25 vote and tough questions for opposition
PoliticsGreek Politicsfor the Parliament elected on May 21 to be sworn in on Sunday, before the House is dissolved a day later... Research sees ND’s support rising to 41.3 pct, up by half a point on its May 21 score, and SYRIZA falling... for holding the next vote. Some reservations had been expressed about whether this would be possible
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Athens and Ankara face bumps in the road as they prepare for political dialogue
PoliticsForeign Policyare also designed to prepare the visit of Greek Prime Minister Kyriakos Mitsotakis to Turkey in May... to preserve the current climate of lower tension and to avoid any provocations, any actions that may threaten the calm climate that now prevails.” Athens is holding its breath regarding the possible
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Newsletter 449 - 31/01/2025
. he told Alpha TV that he may have been misinformed in the weeks after the accident when he... the death toll of the train collision. The prime minister also conceded that mistakes may have been... at a preliminary inquiry and are concerned that holding it on insufficient evidence could end up
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