Q1 2022 Eurobank Ergasias Services and Holdings SA Earnings Call Transcript
Ladies and gentlemen, thank you for standing by. I'm Costantino, your Chorus Call operator. Welcome and thank you for joining the Eurobank Holdings conference call to present and discuss the first quarter 2022 financial results.
At this time, I would like to turn the conference over to Mr. Fokion Karavias, CEO. Mr. Karavias, you may now proceed.
Ladies and gentlemen, good afternoon, and welcome to the Eurobank First Quarter 2022 Results Presentation. Together with me is our CFO, Harris Kokologiannis and the Investor Relations team. We will start with some key recent developments, present our results and then answer your questions.
In the third quarter of 2022, macroeconomic prospects dimmed and inflationary pressures became more pronounced, increasing the risk of stagflation in the global economy. Volatility remains high, fueled by geopolitical uncertainty and disruption of supply chains, leading to spiraling commodity and energy prices. In this environment,
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