The pressure is not confined to the bank's core banking activities. Piraeus Bank, one of Greece's major financial institutions, has recently begun to show signs of strain in its underlying performance metrics, despite maintaining a broadly resilient earnings profile. Over the past several quarters, the bank has experienced a steady decline in net interest income (NII), a key revenue driver. From €530 million in the third quarter of 2024, NII slipped to €514 million in the final quarter of the year, dropped further to €481 million in the first quarter of 2025, and edged down to €474 million in the second quarter-an overall decline of 11% in less than twelve months. Pre-provision operating profit has followed a similar trajectory, falling from €305 million in the second quarter of 2024 to €244 million by the second quarter of 2025. This marks the lowest level recorded over the past year and highlights sustained pressure on the bank's...