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Effort to keep Greek-Turkish ties on even keel put under stress
PoliticsForeign Policyin Athens. Greek diplomats believe that although Turkey may declare its willingness to engage...” with Greece or put on hold talks with the Greek side, the same sources note. Officials also have to consider... faces in 2023. Last week, there were continuous overflights in the Aegean even during the Greek
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Overflights spat marks resumption of Greek-Turkish tension
PoliticsForeign Policyweek. “F-16 aircraft belonging to the Greek Air Force violated Turkish airspace to the west... Ministry’s spokesman also accused the Greek side of trying to mislead the international public... the baseless allegations and accusations in their entirety made against [Turkey] by the Greek
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Banks' trading updates show slight improvement in core pre-provision income, deceleration in NPL formation
Economycore-pre provision income (excluding one off items) rebounded 2 percent quarter on quarter (QoQ... that prevailed in the Greek market in Q2. At the same time, Eurosystem funding rose by 7 billion to 37.3 billion... the Greek figure turned slightly negative (-7 million) in Q2 from +191 million in Q1 largely attributed
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Can Greece learn to love renewable energy?
EconomyFeaturesto shake off this label at a time when the production of energy from renewable sources is one... to an estimated 8.1 million jobs (direct and indirect).[1] Driving past the wind turbines in the Greek... carry the added benefit of offering some protection to the Greek economy against turbulence in fossil
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ESM takes stock of Greece's sovereign vulnerability
EconomyProgrammeat 1.3. In contrast, the Greek score deteriorated in government borrowing needs, conditions and debt... the 25 percent worst-performers are assigned the score 1 (most vulnerable). To identify the cut-off... with elevated risk since 2005. They turned to high risk since 2009. The Greek score hovered between 2 and 2.2
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Possibility remains for trial bond issue before IMF debt analysis
PoliticsGreek Politicsto have a good strategy to communicate with markets, so that markets understand it is not a one-off.... There continues to be no clear indication from the Greek government about what its plans... will take part in the Greek programme, which is when the DSA is expected to be published. One report
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Greece announces return to markets with 5-year bond, mostly targeting swap
EconomyFollowing days of rumours and press reports, the Greek government officially launched the process... governor Yannis Stournaras noted that Athens would be better off pushing through a couple a major... the 4.75 percent of the bond issued in 2014, according to market sources. The 2-year Greek government
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Concern over prior actions grows, debt talks approach crucial juncture
EconomyProgrammeis dominating the Greek government’s agenda, although what will follow the conclusion... on with ticking key deliverables off its long list. It is thought that about 15 of the 88 prior actions... Euro2day.gr reports that the discussions about the measures that will be taken to restructure Greek
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PBO outlines positives from 2021, warns about uncertainty in 2022
Economydevelopments off track. Following the solid rebound in the third quarter of 13.4 pct annually, the rise.... It also adds that the ECB’s recent decisions to continue purchasing Greek bonds through the reinvestment... challenges require the Greek authorities to display prudence in addressing each issue with caution. The PBO
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Tempe and Predatorgate court cases bring government scandals back to fore
PoliticsGreek Politicsthe responsibility for the Tempe crash, in which 57 died in a head-on train collision in 2023, kicked off... 1.6 million euros adapting the building on the outskirts of the central Greek city of Larissa... and the Greek intelligence service EYP, while the judge recommends that the misdemeanour charges against
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