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Ukraine's Privatbank issues $5.5 billion claim in Cyprus against ex-owners

Ukraine's largest lender, state-run PrivatBank, said on Friday that it had filed a new $5.5 billion claim in the Cypriot courts against its former owners.
The bank said in a statement that it was seeking damages in respect of schemes bearing all the hallmarks of fraud and money laundering which the bank alleges were perpetrated by ex-shareholders.

NATO welcomes North Macedonia as 30th ally

NATO foreign ministers welcomed North Macedonia as the alliance's newest member on Thursday, ending a long process that included a change to the country's name.

"We welcome North Macedonia as NATO's 30th ally," NATO foreign ministers said in a statement following a video conference, which North Macedonia's minister was part of as a full member.

Greece bids farewell to WWII resistance icon

A pallbearer, wearing a protective face mask and gloves, carries a cross and a photo of late World War Two Greek resistance hero and politician Manolis Glezos, during his funeral attended only by few people as a precaution against the spread of coronavirus disease (COVID-19) in Athens, Wednesday. Glezos died of heart failure at the age of 97. [Reuters]

Greek January retail sales rise 8.4 pct, led by furniture, appliances

Greek retail sales by volume rose 8.4 percent in January compared to the same month a year earlier after an upwardly revised 0.6 percent increase in December, statistics service ELSTAT said on Tuesday.
Retail sales were led higher by furniture, electrical appliances, apparel, footwear, cosmetics and pharmaceuticals, the data showed.

Piraeus Bank sees 2019 profits grow

Piraeus Bank grew full-year 2019 net profit, helped by lower operating costs and higher net interest income, Greece's largest lender by assets said on Monday.
Piraeus Bank, which is 26.2 percent owned by the country's HFSF bank rescue fund, reported a net profit of 270 million euros after net earnings of 185 million in 2018.

European shares dip as virus fears intensify

European shares fell for the second straight session on Monday, as fears about the economic hit from the coronavirus pandemic intensified with several nations extending near-total lockdowns to curtail the spread of the flu-like disease.

The pan-European STOXX 600 index was down 0.8 per cent at 07.14 GMT, with energy, industrials and travel and leisure stocks leading declines.

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