The criticism and controversy being generated by the OPEKEPE scandal refuses to die down despite Prime Minister Kyriakos Mitsotakis’s latest attempt to justify his government’s actions and to move on from this issue.
Alpha Bank reported a net profit of 517 million euros in H1 2025, compared to a profit of 322.5 million euros in 2024, a rise of 60.3 percent.
The government is hoping that a mixture of summer holidays and discussion about the relief measures it is due to announce in a few weeks will dampen down the furore over this week’s controversial developments in Parliament.
Greece’s manufacturing PMI dropped significantly in July to 51.7 points, from 53.1 points in the previous month, S&P Global data showed on Friday.
National Bank of Greece (NBG) reported a profit after tax of 701 million euros in H1, compared to a profit of 708 million euros in H1 2024, a drop of 1 percent year-on-year (YoY).
Eurobank 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).
The vote over whether to hold a preliminary inquiry into the role of two former government ministers in the farming subsidy scandal ended in a storm of recriminations after the opposition’s proposals were rejected with the votes of a handful of New Democracy lawmakers.
Piraeus Bank posted a net profit of 559 million euros in H1 2025, from 563 million euros in H1 2024.
Greece’s retail sales had a sharp drop of 4.4 percent year-on-year (YoY) in May, after marked growth of 7.4 percent in April, Hellenic Statistical Authority (ELSTAT) data showed on Thursday.
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