ENGLISH EDITION

ENGLISH EDITION

Eurobank reports net profit of 149 million euros in Jan-Sept

Eurobank Group on Thursday said its consolidated net profits totaled 149 million euros in the January-September period. Eurobank’s performance in the nine months of 2019 was positive. Net profit at a Group level reached 149 million euros. Net interest income receded by 3.0% to 1,031 million euros, but was up by 1.1% (quarterly) to 346 million.

21 Νοε 2019 23:10

ENGLISH EDITION

National Bank says net profit at 423 million euros in Jan-Sept

National Bank Group on Thursday said its net profit from continuing operations rose to 423 million euros in the January-September period from 61 million in the same period last year. Operating profit grew to 465 million euros in the January-September period, from 65 million last year, driven by strong core income, solid trading & other income aided by one-off gains, cost cutting and low CoR despite rigorous cleanup of the NPE book

21 Νοε 2019 23:07

ENGLISH EDITION

2020 state budget revenue and spending up, in draft submitted to Parliament

The Greek government on Thursday tabled the 2020 draft budget in Parliament which envisages a GDP growth rate of 2.8 pct and a primary surplus of 3.6 pct in 2020, exceeding a target for a 3.5 pct primary surplus and putting the Greek economy on track for stronger growth.

21 Νοε 2019 22:52

ENGLISH EDITION

Greece at top of Europe on ease of setting up a business

Greece has made significant progress in recent years regarding the ease of starting a business and is ranked by the World Bank among the top countries in Europe, while in the not-too-distant past, the setting up of a business in the country was a lot more difficult and expensive.

21 Νοε 2019 14:06

ENGLISH EDITION

PM Mitsotakis to new EPP MEPs: New European Commission must replace Dublin Regulation for asylum application

Addressing a panel of new EPP deputies at the European Parliament, Mitsotakis said that the situation in Greece had reached its limits. "Right now, we are receiving 500 refugees and migrants on a daily basis.

21 Νοε 2019 07:48

ENGLISH EDITION

Greek food hall seen attracting 3 mln visitors

Based on the business plan, as described by Aris Kefalogiannis, the food hall is forecast to attract 10,000 to 12,000 visitors per day, amounting to some 3 million people per year, with each shopper spending some 14 euros.

20 Νοε 2019 14:40

ENGLISH EDITION

Mitsotakis in Zagreb for the election of the new EPP leadership

Mitsotakis is expected to arrive at the Croatian capital on Wednesday afternoon to participate in the proceedings of the EPP Congress, which begin at 14:00 (15:00 Athens time) with an opening statement by the host of the congress, Croatian Prime Minister Andrej Plenković.

20 Νοε 2019 11:56

ENGLISH EDITION

Alpha Bank unveils biggest securitization of NPEs in Europe

Alpha Bank on Tuesday unveiled one the biggest securitization plans of non-performing exposures (NPEs) in the European market as part of a strategic plan towards a faster restructuring of its balance sheet.

20 Νοε 2019 07:30

ENGLISH EDITION

New law targets widespread changes on corporate governance

Prime Minister Kyriakos Mitsotakis met with Finance Minister Christos Staikouras and the head of the Capital Market Commission Vassiliki Lazarakou on Monday where they discussed new legislation on corporate governance that will be submitted to parliament early next year.

19 Νοε 2019 13:25

ENGLISH EDITION

Greek-German research & innovation program "shining example" of bilateral cooperation

Germany and Greece have invested nearly 14 million euros in the program which "focuses on the special relationship between the two countries", noted Deputy Education and Research Minister of Germany Thomas Rachel addressing a Greek-German innovation forum at the Stavros Niarchos Foundation.

19 Νοε 2019 09:45

ENGLISH EDITION

Four step plan agreed upon for final solution to bad debt problem

The Finance Ministry, in cooperation with the Bank of Greece, has agreed on an ambitious plan that will lower nonperforming loans (NPLs) to the average European level of 4 percent by 2022, from currently around 43 percent.

18 Νοε 2019 13:01

ENGLISH EDITION

Koumoutsakos to visit Washington and Vienna on Monday and Tuesday

Alternate Protection Citizen Minister responsible for issues of migration Giorgos Koumoutsakos will visit Washington and Vienna respectively, for a series of meetings aiming at that people's awareness on the migration and refugees crisis in Greece as well as the promotion of Greece's positions on the promotion of its priorities.

18 Νοε 2019 08:36