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Budget primary deficit at 1.47 bln euros in Jan, revenue shortfall hits 812 mln
EconomyMacroeconomybillion euros. Net revenues came to 3.85 billion euros, below target by 812 million euros... a deficit of 782 million euros for the month.
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Athens treads carefully over Ukrainian stand-off
PoliticsForeign PolicyGreece is closely monitoring developments on the Ukrainian crisis but has no intention of being... his visit to Mariupol and Sartana in Ukraine on Monday and his telephone call with his Ukrainian... Perhaps for this reason Dendias avoided responding to his Ukrainian counterpart’s comment on Tuesday
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Athens offers continued, but limited support to Ukraine, while seeking balance with China
PoliticsForeign PolicyThe visit of Ukrainian Defence Minister Oleksii Reznikov to Athens last Thursday came as a surprise... supporting Kiev, but within certain limits. The visit of the Ukrainian official to Athens took place just... for as long as it takes - that’s a very clear position that we have taken from the outset.” The Ukrainian
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Eurobank: From nationalisation to re-privatisation
AgoraFew people noticed in July 2012 that a press release published by Eurobank concerning the intention..., which controlled 44.7 percent of Eurobank shares at that time, intended to transfer 43.55 percent... 4.4 percent of Eurobank shares, while the EFG Group would retain 1.15 percent. Following
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Budget primary confirmed at deficit of 1.47 bln in Jan as taxes dwindle
EconomyMacroeconomy. Net revenues came to 3.85 billion euros, below target by 812 million euros. The monthly primary... a deficit of 782 million euros for the month.... percent, of which 36 million euros was from VAT on petroleum products. That represented a gap of 27.5
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Alpha Bank and Eurobank start new year with further bad loan sales
EconomyBankingnext phase at the start of 2019, when Eurobank, which had announced its merger with Grivalia... pile. The merger also meant that Eurobank is now the best capitalised bank in Greece, with total... will retain the potential upside from the NPEs. Eurobank recorded net profits of 45.1 million euros in Q3
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Greeks tending to shop less often and opt for local products
Societyconducted in 2016, consumers are showing a strong preference for products made locally. One of the main..., down from almost 310 euros per month in the previous survey conducted based on 2015 data. Around 60... and Economics showed that the crisis has made Greeks more inclined to prefer products made
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Eurobank to merge with Grivalia Properties and create SPV to cut bad loans
EconomyBankingOne of Greece’s four systemic banks, Eurobank, has announced shortly after releasing its third... percent of Eurobank. The merger will create the best capitalised bank in Greece, with total capital ratio... including housing, consumer and business. In its nine-month results, Eurobank listed 14 billion euros
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Eurobank records strong profits of 691 mln in H1, net interest income jumps 12.2 pct
EconomyBankingEurobank posted a net profit of 691 million euros in H1 2025, from 721 million euros a year earlier, down by 4.3 percent year-on-year (YoY). Core pre-provision income (PPI) rose by 6.6 percent year-on-year (YoY) in H1 to 1.02 billion euros, from 958 million euros in 2024. The results incorporate
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Eurobank sells insurance arm to Fairfax for 316 mln
EconomyBankingfor the exclusive distribution of their insurance products in Greece and Romania through Eurobank branch network...Eurobank announced on Tuesday that it has reached an agreement with its shareholder Fairfax... of Eurobank’s initial restructuring plan approved by the European Commission in April 2014, which
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