Eurobank Ergasias Svcs

Ladies and gentlemen, thank you for standing by. I'm Konstantinos Rakouris, call operator. Welcome and thank you for joining the Eurobank Holdings Conference call to present and discuss the third quarter 2025 financial results. At this time, I would like to turn the conference over to Mr. Fokion Karavias, CEO. Mr. Karavias, you may now proceed.

Thank you. Ladies and gentlemen, good afternoon and welcome to the Eurobank's nine-month result presentation. Together with me is our CFO, Halifo Koloyanis, and the investor relations team. We are starting with some key recent developments, then presenting our results and answering your questions. The macroeconomic environment remains favorable across our core markets, Greece, Bulgaria and Cyprus, which continue to outperform the EU average in terms of growth. In Greece, fiscal performance remains solid, with the debt-to-GDP ratio improving the most among EU member states. At the same time, investments continue to be a key driver of economic expansion. Bulgaria's adoption of the euro on January 1st represents a significant milestone in its economic convergence. These positive trends are supporting banking business overall and are reflected in sustained trade growth, with expansion rates reaching double digits in both countries.

Let's now focus on Eurobank's strategic initiatives.