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EconomyBanking
Piraeus reports 1.24 bln euros profit for 2024, commissions income at 636 mln Piraeus Bank posted a net profit after tax of 1.24 billion euros in 2024, from 1.05 billion euros in 2023.
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EconomyMacroeconomy
BoG sees sustained growth and progress, but challenges require policy drive The Bank of Greece published on Friday the latest interim monetary policy report where, as is common practice, the central bank notes the positive developments in the Greek economy while it highlights specific areas where policy will need to address weaknesses to Greece’s economic outlook.
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PoliticsGreek Politics
PM intervenes on bank charges as budget attracts extra support Prime Minister Kyriakos Mitsotakis used Sunday’s budget vote as an opportunity to respond to recent criticism from the opposition by announcing a set of voter-friendly measures, including interventions to pare back unpopular bank charges.
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PoliticsGreek Politics
As bank debate rages, ND's support slips further and PM loses economic adviser New Democracy continues to wrestle with issues related to the Greek banking sector as its popularity slides further, according to a new opinion poll.
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Economy
Bank tax proposal spearheads PASOK attack on government's economic policy PASOK’s new strategy of focusing on areas where the government has, in the public’s view, performed poorly and tabling legislative proposals that puts the government on the defensive appears to have caught the administration of Kyriakos Mitsotakis unprepared.
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PoliticsGreek Politics
Tax and banks dominate government's thoughts amid opposition, public pressure The government is lining up interventions affecting the banking sector and the taxation system after finding itself on the receiving end of more pressure from the opposition, but also public dissatisfaction as exhibited in opinion polls.
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PoliticsGreek Politics
Government stands firm on rejecting PASOK's bank tax proposal The tussle over PASOK’s proposal for a windfall tax on banks continues, with the government setting out its reasons for rejecting the amendment tabled by the social democrats.
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EconomyBanking
Alpha NII at 1.22 bln in 9M, fees up by 11 pct YoY at 306 mln Alpha Bank reported a net profit of 489 million euros in 9M 2024, compared to a profit of 498 million euros in the same period of 2023, a drop of 2 percent.
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EconomyBanking
NBG net profit at 983 mln in 9M, NII up by 9 pct at 1.78 bln National Bank of Greece (NBG) reported a core profit after tax of 983 million euros in 9M 2024, compared to a profit of 855 million euros in the same period of 2023, a rise of 15 percent year-on-year (YoY).
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EconomyBanking
Eurobank NII jumps by 14.3 pct YoY to 1.83 bln in 9M Eurobank posted a net profit of 1.13 billion euros in 9M, compared to 980.1 million euros in the same period of 2023.