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  1. General government primary cash surplus widens to 2.5 bln by May, arrears resume upward trend

    EconomyMacroeconomy

    (including tax refund arrears) resumed an upward trend in May after staying almost flat in April. In particular, they jumped by 327 million euros month on month (MoM) to 7.03 billion at the end of May from... to date, reaching 3.07 billion and making up 43.6 percent of total arrears. Hospitals’ arrears stood

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  2. Newsletter 35 - 17/07/2015

    Newsletters

    by the Greek government, raising total the debt amortisation figure to 35.9 billion. Another debt-related... percent of the total gross financing needs of 90.2 billion foreseen by the European Commission. Greek... fell below the 1 billion mark by the end of May. The commission anticipates that the new programme

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  3. Amid lack of communication, overflights add to Greek-Turkish tension
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsForeign Policy

    , they allegedly launched a flare which landed on Greek soil. These two incidents may not be part... on the sidelines of NATO Summit, in London in early December. Libya concerns Athens is also closely monitoring Turkey’s efforts to enhance and stabilise its presence in Libya, supporting the UN-recognised

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  4. Athens assessing lay of land as Cyprus talks approach and UK seeks new role
    Photo via Flickr https://flic.kr/p/7bBypS

    PoliticsForeign Policy

    may also offer to put on hold its plans for Varosha as a concession. Additionally, it is expected...-Cypriot sides have many issues to consider ahead of new Cyprus talks. Libya developments Greece... and the Prime Minister of Libya by the Libyan Political Dialogue Forum in Geneva. A statement released

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  5. Athens harbours big hopes for Egypt energy deal, keeps eye on Turkey's role
    Photo via https://flic.kr/p/bwZLC3

    PoliticsForeign Policy

    for Energy so it can be eligible for EU support funds. Egypt has completed interconnections with Libya... of Northern Cyprus. On the other hand, Cairo and Athens share a common line on the issue of Libya..., and the International Law of the Sea,” he said. The two ministers also discussed the issue of Libya

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  6. FM gauges mood in Middle East, seeks to bolster ties with Egypt
    Image: www.mfa.gr

    PoliticsForeign Policy

    dimension This may have served as a message to Ankara, which seems ready to further exploit its own memorandum with Libya, which was signed in 2019 and sparked the deepening of the crisis in its... statement on the sidelines of his participation in the Libya Energy and Economy Summit, he pointed out

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  7. Athens seeks talks with Erdogan as Turkey steps up diplomatic activity in region
    Image: https://www.primeminister.gr/

    PoliticsForeign Policy

    the government of Eastern Libya to ratify the Turkey-Libya Memorandum of Understanding... the Eastern Libya authorities to ratify the memorandum Ankara agreed in 2019 with the government in Tripoli... (MIT) Ibrahim Kalin, the same reports claim. However, the political situation in Libya is currently

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  8. Deposit outflows eased to 3.86 bln in May, balance below 130 bln

    EconomyMacroeconomy

    that the total of 3.27 billion of gg outflows in the March-May period is mainly related to transfer...Greek private sector deposit outflows eased to 3.86 billion in May from 4.66 billion in Apr... in May largely stemmed from time deposits (2.74 billion), while sight and savings recorded more modest

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  9. Current account shows deficit of 913.9 mln in May as travel receipts evaporate
    Photo by Håkan Dahlström via Flickr https://flic.kr/p/5MQQVH

    EconomyMacroeconomy

    pandemic. Total imports in May came to 3.18 billion euros, from 5.27 billion in May last year...Greece’s current account (C/A) balance posted a deficit of 913.9 million euros in May compared... billion euros year-on-year (YoY). According to the BoG, May’s performance is primarily attributable

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  10. Significantly improved oil balance pushes current account to 196.5 mln surplus in May
    Image via www.moh.gr

    EconomyMacroeconomy

    3.45 billion euros in the same month last year. Total imports came to 6.47 billion euros in May, from... billion euros, from 1.91 billion euros in May 2024. The total services balance was 2.21 billion euros...Greece’s current account recorded a surplus of 196.5 million euros in May, from a deficit of 2.11

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