While the domestic political agenda continues to be debated by the tug-of-war over the Novartis affair, the government continues to try to promote abroad a narrative based on progress and renewal.
Greece’s current account (C/A) balance came to a surplus of 1.28 billion in July, improving from a surplus of 874.4 million euros in June, according to Bank of Greece (BoG) figures released on Friday.
Greece’s industrial turnover increased by 4.3 percent year-on-year (YoY) in July following an upward revised drop of 7.7 percent in June, Hellenic Statistical Authority (ELSTAT) data published on Thursday showed.
Prime Minister Kyriakos Mitsotakis has ruled out the possibility of New Democracy instigating a preliminary investigation into SYRIZA leader Alexis Tsipras over the Novartis affair, suggesting that the current premier sees no political benefit from such a move at a time that his party seems to have strong public support.
The Hellenic Telecommunications Organization S.A. (OTE) announced on Wednesday that is had concluded the bookbuilding process for the issuance of a 500 million euro 7-year bond in international debt capital markets.
The European Council on Foreign Relations (ECFR) has released a brief outlining what Europeans want from the bloc in terms of foreign policy.
This Thursday the new Greek Prime Minister Kyriakos Mitsotakis travels to Berlin for his inaugural meeting with representatives of the Germany government, most prominently Chancellor Angela Merkel. His official visit to the German capital is the second leg of his European travels, having visited Paris and met with President Emanuel Macron the week before.