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March budget primary balance short of target, but taxes continue to overperform
EconomyMacroeconomyThe budget primary balance for the first three months of 2022 was confirmed at 1.65 billion euros, compared to a deficit of 13.4 billion euros during the same period last year, according to the final Finance Ministry (MoF) budget execution data released...
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Athens pleased with Washington talks despite lack of definitive US position on Turkey
PoliticsForeign Policyactions in the East Med and Libya. The Greek government has many times since Tuesday tried to play down... replied: “when you're talking about Libya, we're discussing with President Erdogan, we're discussing... talked about that subject specifically — Libya and what's going on. We'll be talking to Russia
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Turkey maintains maritime pressure as Athens and Ankara court Haftar
PoliticsForeign Policyas Chevron’s decision to submit a proposal for two blocks south of Crete despite the Turkey-Libya... spatial planning (MSF) last April, but since then is trying to leverage its footprint in Libya... the Turkish-Libyan memorandum. Belgacem Haftar, the son of Khalifa Haftar and director of Libya’s
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Athens presses Benghazi in bid to block ratification of Turkish–Libyan maritime pact
PoliticsForeign PolicyGerapetritis and Aguila Saleh, president of Libya’s Benghazi-based House of Representatives. The meeting formed part of Athens’ regular contacts with representatives of Libya’s de facto government... of Exclusive Economic Zones among Greece, Turkey, Libya, Egypt and Cyprus. During the meeting, Gerapetritis
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Political leaders weigh up next moves in August lull
PoliticsGreek PoliticsAlekos Flambouraris, who is a mentor-like figure for Tsipras but who has moved to the background
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Facing internal scrap, SYRIZA leader Kasselakis hits out at former PM
PoliticsGreek Politicsinfluenced by his “mentor”, the outspoken SYRIZA MP Pavlos Polakis. Although Simitis’s time
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How Greek banks moved into a new era
Agoraof the domestic banking landscape. At the end of that part, four banks - Alpha, Eurobank, National... private investors. The remainder was covered by the Hellenic Financial Stability Fund (HFSF). Eurobank... in Piraeus and 84 percent in Alpha and National. HFSF stake in Eurobank was 95.2 percent with full
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Eurobank net results show profit of 176 mln in H1
EconomyBankingEurobank recorded net results of an adjusted profit of 176 million euros in the first half (H1... for the Cairo securitisation senior notes recognition. Fokion Karavias, CEO of Eurobank, said... business expansion, Eurobank is ready to make the most of the upturn when the economy returns
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Eurobank net results show loss of 1.08 bln in 9M
EconomyBankingEurobank recorded net results of a loss of 1.08 billion euros in the nine-month period (9M) of 2020... in the same period last year. Fokion Karavias, CEO of Eurobank, said that a year after... the unprecedented market challenges, Eurobank is in a position to support its clients
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Greek travel receipts continued upward course in October, rising by 4.6 pct
EconomyMacroeconomynegative effects are only temporal. In contrast, SETE stressed that the higher cost for hotel services
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