Finance

NBG After-Tax Profits Reach 983mln€ in 3Q 2024

NBG CEO Pavlos Mylonas: In 3Q24 we delivered a solid set of financial results, with our strong capital position and highly liquid balance sheet remaining key comparative advantages

Greeks 3rd Last in Salaries in EU: Eurostat

According to Eurostat, the average adjusted annual salary in Greece stands at €17,000, with Hungary close behind at €16,900. The only country faring worse is Bulgaria, where the figure is €13,500.

Eurobank Boosts Stake in Hellenic Bank Cyprus to 68.81 %

Eurobank agreed to acquire 12.848% Hellenic Bank’s shares for approximately 243 million euros, or 4.58 euros per share.

Real Estate Investors Eye Greece for Data Centers, Logistics, Student Housing

Athens ranks 22 out of 30 European cities in terms of it prospects for real estate investment, according to a report by PwC.

SEV President: Trump’s Election a Wake-Up Call for Europe

The primary source of concern is the new president’s stated intention to impose general import tariffs of 10% to 20% to boost local employment in the U.S.

Mini Rally in Athens Stock Market on Trump Victory

American exposed shares like Titan and Cenergy drew renewed investors’ attention as the latter attempted to gauge the shifting landscape following Trump’s electoral win.

Trump Victory Boosts USD, Bitcoin, US Stock Futures and T-Notes

The likelihood that Trump will deliver on his promise to "make America great again" through protectionist policies rippled through markets Wednesday morning, boosting the USD.

New Tax Bill Boosts Property Leasing, Adds Tax Cuts for Insured Homes

The new bill will also include enhanced ENFIA discounts for insured properties starting from 2025.

POSIDONIA EXCLUSIVE