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Athens News Agency: News in English, 08-10-20

Athens News Agency: News in English Directory - Previous Article - Next Article

From: The Athens News Agency at <>


  • [01] KKE, SYRIZA on Vatopedi probe by Parliament
  • [02] Piraeus Bank reports 23% hike in 9-month profits

  • [01] KKE, SYRIZA on Vatopedi probe by Parliament

    The Communist Party of Greece (KKE) on Monday said that it will vote in favour of proposals for both a Preliminary Examination Committee and a Parliamentary Investigation Committee to probe the suspect land swaps between the Vatopedi Monastery and the Greek State. The party stressed in its statement that it will make "every effort to avert cover-ups or the 'lumping together' of offences". According to KKE, the findings of the investigation conducted by prosecutors on the case should be sent to Parliament immediately after an investigation committee is set up so as to reveal the identity of the individuals implicated by the evidence. The party also noted that handing over the file to the Parliamentary investigation committee and Parliament's president would facilitate the imminent debate on whether to set up a preliminary examination committee investigating the acts of specific individuals, scheduled for Friday. SYRIZA Parliament spokesman Fotis Kouvelis stated that his party will vote in favour of a proposal Wednesday to set up a parliamentary investigation committee, adding that "all evidence gathered during the preliminary investigation conducted by the Appellate Court Prosecutors should be presented to Parliament without further delay". Kouvelis added that SYRIZA wants an in-depth investigation into the case, which constituted a "direct attack on public interest".

    [02] Piraeus Bank reports 23% hike in 9-month profits

    Piraeus Bank Group on Monday reported a 23-percent increase in nine-month net profits to 441 million euros, while announcing that saving deposits grew 48 percent over the same period.

    The group said pre-tax profits totaled 537 million euros in the January-September period, from 437 million last year, up 23 percent, while financial results rose 24 pct to 476 million euros.

    Commenting on the results, Mihalis Sallas, the Group's chairman, stressed that the Greek banking system remained solid and healthy and was capable of taking advantage of growth opportunities in the region, as soon as markets returned to normal operations.

    Sallas said Piraeus Bank will maintain a positive trend in its figures in the fourth quarter of the year and noted that market conditions have led the Group to slow the growth of its lending activities, particularly abroad.

    Saving deposits, including retail bonds, totaled 31,597 billion euros at the end of September, up 48 pct from the same month last year. Saving deposits in Greece grew 45 pct over the same period, more than triple the average growth rate of the Greek market (14 pct, estimate).

    Piraeus Bank said the Group added 178 new branches, 46 in Greece and 132 abroad, in its network. Capitalization totaled 3.2 billion euros, based on market figures on October 17, ranking seventh in the Athens Stock Exchange.

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