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  1. Q2 rise of 7.7 pct in apartment prices marks 12-year high
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    The rise in the nominal value of apartments in Greece came to 7.7 percent year-on-year (YoY... and fourth quarters of 2018 was 1.3, 2.2 and 2.9 percent, respectively. On average, the revised data shows... increases of 7.7 percent compared to an increase of 5.1 percent in Q1. Across 2018, the revised

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  2. Haftar defeats prompt Athens to take fresh look at Libya crisis
    Photo via https://flic.kr/p/2itcUXr

    PoliticsForeign Policy

    Developments in Libya, where a UN-backed government of National Accord (GNA) supported militarily... in Libya. The recent military victories for the GNA have led to nearly all of western Libya being... what is going on in Libya, whose future has become unpredictable. The Greek side turned to Marshall

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  3. GDP shows annual growth of 2.2 pct in Q3
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    of services rose by 2.2 percent QoQ and 13 percent YoY. The MoF’s growth estimate for imports in 2018... percent QoQ. As mentioned, the provisional estimates showed that GDP grew by 2.2 YoY after a downward... quarterly growth streak experienced by Greece began in Q2 2005 and ended in Q4 2006. GDP grew by 2.2

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  4. Greece set to reopen embassy in Libya as it seeks better ties with Tripoli
    Photo via https://flic.kr/p/2kAHpY7

    PoliticsForeign Policy

    Greece is due to reopen this Tuesday its embassy in Libya's capital Tripoli, which has been closed... and current head of Libya’s presidency council, Mohamed Al-Menfi. The Greek premier will be accompanied by Foreign Minister Nikos Dendias as the pair try to rekindle relations between Greece and Libya. Athens

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  5. Greek primary budget surplus eases to 1.95 bln on back of lower revenues in Aug
    Photo by MacroPolis

    Economy

    . The respective expenditure soared 30 percent to 3.31 billion, 140 million above target. The revenue... revenue targets included revenues of 884 million euros from the first two instalments of the new... will be missed accordingly. For the remainder of the year, the payment of ENFIA with estimated revenues of 2.65

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  6. Reflections on Greece's balance of payments
    Photo via https://flic.kr/p/5Yb76K

    Agora

    : consumption (C), investment (I), exports (X), and imports (M). Thus, when demand is equal to supply: Y = C + I + X - M. X - M describes the exports to abroad of what Greece produces in goods... domestically (including energy such as crude oil and natural gas). The balance X - M is called the “foreign

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  7. Athens turns attention to Libya, advocates EastMed energy cooperation
    Photo via https://flic.kr/p/2mCXHBo

    PoliticsForeign Policy

    is putting a lot of emphasis on Libya’s future. In this context, Mitsotakis is planning to visit Paris on November 12 to participate in a conference on Libya, organised by French President Emmanuel Macron. Libya’s future has been one of the crucial issues that both men discussed during their latest meeting

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  8. OECD sees stable growth path of 2 pct in 2025, long-term challenges persist
    Photo via http://www.oecd.org/

    EconomyMacroeconomy

    consumption, led by minimum wage increases, and robust investment from the RRF. However, slowing... primary fiscal surpluses of 2.1 pct and 2.2 pct of GDP are seen for 2025 and 2026, respectively...-to-GDP ratio to 140 pct by 2026. The fiscal stance remains supportive, with RRF grants and loans

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  9. Excluded from Libya talks, Athens vows to block decisions that ignore sea border concerns
    Photo by MacroPolis

    PoliticsForeign Policy

    at bringing an end to the longstanding conflict in Libya. Following Moscow’s recent unsuccessful efforts... the possibility of the memorandum on sea borders between Ankara and UN backed government in Libya going... that he could veto all European decisions related to Libya if they do not annul the sea borders

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  10. FM heads to Ankara for rare talks as Greece and Turkey court Libya
    Photo by Finnish Presidency of EU

    PoliticsForeign Policy

    memorandum, which the Greek side is seeking to be annulled. Return to Libya The very same issue topped the agenda of talks between Mitsotakis and Libya’s al-Menfi on Wednesday in Athens. Following... and Libya on the delimitation of the maritime zones.” Mitsotakis also said that Athens aimed to reset

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