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31/05 Alpha Bank: First Quarter 2018 Profit after Tax at Euro 65.2 million
Alpha Bank reported profits in the first quarter of 2018 as strong trading gains offset higher provisions for loan impairments and weaker net interest income. Group deposits stood at Euro 35.9 billion at the end of March 2018, up by Euro 2.8 billion y-o-y and Euro 1 billion in Q1 2018. In the first quarter of 2018, we delivered a profitable performance, despite headwinds on Net Interest Income and elevated Cost of Risk charge, Alpha Banks CEO, Demetrios P. Mantzounis stated.
30/05 Zaev: Any new country name to be put to a referendum
Fyroms prime minister says any new name for his country that is agreed with Greece will be put to a referendum to be held later this year, according to Reuters. Zaev said a referendum on whatever solution is found will be held in September or October.
24/05 Vasileiadis (Socital): Two main categories of companies are affected by the GDPR
Friday is the last day for companies to comply with Europes new General Data Protection Regulation. Theofilos Vasileiadis CEO & Co-Founder of Socital talks about how the GDPR will affect companies.
22/05 JP Morgan: Neutral on Greek stocks, sees a dirty exit from the program
JP Morgan keeps a neutral stance on Greek stocks, while it forecasts a dirty exit from the program with a precautionary credit line in place. As the bank stresses, the fourth and final review of the current bailout is in progress and is expected to be completed by 21st June, which will will lead to the disbursement of 11.7bn loan tranche.
14/05 Is Frances deradicalization strategy missing the point?
As France deals with the aftermath of another terror attack in Paris during which one passerby was killed, the country is opening a newly renovated prison wing to assess radicalized inmates, as part of a deradicalization strategy recently put forward by the government.
14/05 Donald Trump to the rescue of Chinas ZTE?
In a surprise move, US President Donald Trump has said hes willing to help China prevent its telecom giant ZTE from going out of business.
14/05 McKinsey warns on PPC
McKinsey warned that PPC is not viable and will need to take specific steps to restore its position.
14/05 Mitsotakis calls on Turkey to respect the rules of international law
The leader of the main opposition called on Turkey "to put an end to the illegal detention of our two officers".
14/05 Time is ripe for lifting of capital controls, Pitsiorlas says
"A different climate is arising in the economy" Deputy Economy Minister Stergios Pitsiorlas said.
14/05 Greek budget primary surplus 2.334 billion euros in Jan-April
State budget spending was 15.322 billion euros in January-April, down 751 million from targets.
14/05 Reuters: Greece plans more bond issues to shore up post-bailout future
Greece wants to tap bond markets twice before year-end and may sell its first 10-year issue for a decade, in an effort to convince investors that it does not need any more external aid after its bailout programme ends in August, sources said, according to Reuters.
14/05 US embassy in Jerusalem opens, further fracturing a fragile city
The jubilation that greeted the lavish opening ceremony of the controversial US embassy in Jerusalem was in stark contrast to the rising death toll reported from the Gaza Strip. Dana Regev collected eye-witness accounts.
09/05 Prince Charles and Duchess Camilla arriving in Greece today
This is the second official visit by Prince Charles to Greece.
09/05 NATOs Stoltenberg: If the name issue is resolved, NATO will invite FYROM to membership
NATO Secretary General Jens Stoltenberg hailed the "strong political support" towards a solution in the FYROM name issue.
08/05 The volatility of the stock price is unreasonable, says Intralot
The Company has proceeded with filing a report with the Capital Markets Commission.
04/05 Violence flares at Greek island protest over migrants
Riot police clashed with protesters at a Lesbos rally against the EUs migration policy. Some groups have warned that the island is "reaching breaking point" with thousands of refugees stranded by the policy.
04/05 Elections would be salvation for the country, ND leader Mitsotakis says
Mr. Mitsotakis also expressed his satisfaction that other political forces agree with the request for early elections.
04/05 Turkish merchant vessel collided with Hellenic Navy gunboat Armatolos in Aegean
The Hellenic Navy General Staff on Friday announced that the Turkish-flagged merchant ship "Karmate" approached and collided with the Hellenic Navy gunboat "Armatolos" in the sea southeast of Mytilene in the early hours of Friday morning.
04/05 Folli says QCM report defamatory after stock tumbles
Greek luxury goods maker Folli Follie said a report issued by Quintessential Capital Management (QCM) on the company was defamatory and damaging its interests.
02/05 IMF: Arab states need to address debt issue
The IMF has warned some Arab nations against complacency over a looming debt crisis. It urged greater reform efforts, saying the current rise in oil prices should not prompt governments to delay fiscal policy measures.
02/05 FM Kotzias outlines the efforts of Greek diplomacy
Greek Foreign Minister Nikos Kotzias outlined the efforts of the Greek diplomacy as well as its estimates on key issues concerning Greek foreign policy in an interview with SKAI TV late on Tuesday. On the issue of the two Greek soldiers detained in a Turkish jail, he said that it is an unprecedented event between two NATO armies fighting for ideas, principles and values.
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