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GDP rises by 0.8 pct QoQ in Q2, increases by 1.9 pct YoY
EconomyMacroeconomyversus a slightly downward revised YoY growth of 1.1 percent in Q1. The GDP movement in Q2... and services rose by 3.3 percent. The YoY GDP growth was primarily driven by a 1.1 percent rise in gross... to the same quarter in the previous year, GDP at current prices increased by 2.2 percent from
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Grand projects and even loftier ambitions drive Greece's energy project bonanza
EconomyFeatures(Bulgaria, Turkey and the LNG terminal at Revithoussa just off Piraeus harbour). This capacity far exceeds... flowing to Greece and neighbouring Balkan countries via a pipeline from Russia, access to LNG... was able to import LNG through Revithoussa to cover its own needs as well as providing Bulgaria
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Tsipras returns from US with positive sentiment but absence of tangible results
PoliticsForeign Policyto upgrade its F-16s. Greek officials briefed the local media that Athens would only be paying 1.1 billion..., pointing out that Greece would be able to receive US gas imports once a floating LNG terminal
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Contraction of 0.1 pct in Q4 sees 2018 GDP fall slightly below target at 1.9 pct
EconomyMacroeconomyby 2.2 percent from a rise of 2.6 percent in Q3. The figures showed that nominal GDP grew by 2.5 percent... to the corresponding quarter last year, private consumption increased by 1.1 percent in Q4 and matched the YoY rise of 1.1 percent noted in Q3. General government consumption rose by 1.5 percent QoQ and declined
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Newsletter 484 - 14/11/2025
and is part of a broader strategy to position Greece as a gateway for American liquefied natural gas (LNG... conditions" is exceptionally low, registering at just 2.2 out of 5. The ability to "flexibly adjust my
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CPI rises by 0.7 pct in Dec for first 12-month positive streak after four years of deflation
EconomyMacroeconomyof 1.1 percent, Hellenic Statistical Authority (ELSTAT) data showed on Friday. The latest headline... was 1.1 percent. The core index edged down by 0.2 percent following a 0.2 percent rise in November... of 1.1 percent across 2017. The main driving force behind the year-on-year growth in CPI is an increase
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Newsletter 106 - 10/02/2017
of employed dropped by 1,300 to 3.68 million and unemployed by 1,800 to 1.1 million The seasonally adjusted... by 1,300 to 3.68 million, while that for the unemployed declined at a faster pace by 1,800 to 1.1.... Industrial production up 2.2 percent in December Headline figure is the ninth successive positive reading
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Athens expands survey area off Crete, signs MoU with Egypt
PoliticsForeign PolicyExclusive Economic Zone. In 2019, before signing its memorandum with Turkey, Libya reacted against...). This was calculated by moving its median line northwards. After the signing of the Turkey-Libya memorandum in 2019, new data was generated and Libya could argue that the entire area south of Crete
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What next for Cyprus gas after the Exxon find?
Agoraan LNG plant and become a regional player? A: No. LNG plants are expensive. When asked about the possibility of an LNG plant, Exxon’s Tristan Aspray said: “Typically LNG projects would require... own block ... We have not discounted that option [LNG terminal], it is still there as a future
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From pipe dreams to power cables: the changing map of Greece's energy ambitions
Agoraand LNG infrastructure (allowing gas to be shipped by sea in liquid form). The largest shifts came with the inauguration of the Revithoussa LNG terminal in 2000 and the TAP pipeline in 2020 which... on the existing – previously underutilised – LNG import capacity. The updated NECP takes on board
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