Greece, Israel and Cyprus signed on Thursday a historic agreement for the construction of the EastMed pipeline, bolstering their tripartite alliance and shaking things up in terms of the geopolitical implications for the region.
The year ends with the government considering how it will use any available fiscal space in 2020 to reduce taxes further.
The year ends with Greece being hit by a cold snap and high winds, but with the government planning to get 2020 off to a smooth and convincing start.
The government is planning to make a bill introducing a stricter legal framework for street demonstrations one of its first political acts of the new year.
Recent developments mean that it is clear the first months of 2020 will be challenging for Greek-Turkish relations.
The political row over a police raid in the Athens neighbourhood of Koukaki continued on Friday as a new opinion poll indicated that the government continues to enjoy relatively strong support for its efforts on the public security front.
Wednesday night’s vote on the 2020 budget, which saw the economic plan approved by just the 158 New Democracy MPs, was dominated by Prime Minister Kyriakos Mitsotakis announcing further tax cuts for 2020.
Wednesday night’s budget vote is likely to wrap up the conservative government’s economic business for the year, although there is some speculation that Prime Minister Kyriakos Mitsotakis might try to squeeze in some more handouts before 2019 is over.
The government is attempting to correct its latest misstep after it suspended a decision to subsidise Greece’s print media to the tune of 6.7 million euros.
Away from the diplomatic tension with Turkey, the 2020 budget and other economic issues are top of the government’s agenda this week.