News archive of November 2016
Alpha Bank turns profitable in Q3
Alpha Bank, Greece's fourth-largest lender by assets, turned profitable in the third quarter after booking lower provisions for impaired loans.
Alpha, 11 percent-owned by the country's bank rescue fund HFSF after its recapitalization late last year, reported a net profit of 41.2 million euros after a bottom line loss of 16.8 million euros in the second quarter.
One soldier killed in PKK bomb attack
A Turkish soldier was killed in a roadside bomb attack in Turkey's southeastern Şırnak province on Nov. 30, a military official said.
The soldier was severely injured when explosives believed to have been planted by the outlawed Kurdistan Workers' Party (PKK) militants detonated as a military vehicle passed in Uludere, a district lying on the Iraq border.
Cyprus peace deal possible with more flexibility, says British FM
A deal reunifying the ethnically divided Mediterranean island nation of Cyprus can be reached if both sides demonstrate more "flexibility and creativity," Britain's foreign secretary said Wednesday.
With complex peace talks between Greek Cypriots and Turkish Cypriots deadlocked, Boris Johnson said Britain stands ready to help.