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  1. Ionian expansion raises questions about Aegean as Athens talks with Tirana
    Photo by MacroPolis

    PoliticsForeign Policy

    .” Mitsotakis said that Greece is to exercise an “inalienable sovereign right” in line with Article 3... from 3 to 6 nautical miles that the country is doubling its maritime space to 12 nautical miles

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  2. Revised 2021 budget sees bigger contraction, slower recovery and support of 31.4 bln euros
    Photo by MacroPolis

    EconomyMacroeconomy

    the total EU flow to 5.51 billion euros. Private consumption is expected to grow by 3 pct in 2021... interventions include the reduction of social insurance by 3 percentage points, which will have a fiscal

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  3. General govt primary cash deficit of 13.75 bln in November, arrears drop by 302 mln
    Photo by MacroPolis

    EconomyMacroeconomy

    (-22 million), SSFs (-9 million), state budget (-3 million) and extrabudgetary funds (-3 million

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  4. Finance Ministry grapples with escalating cost of pandemic

    Economy

    monthly cost of lockdown measures to “over 3 billion euros”. Staikouras said 67 pct of all retail... the initial estimates to 3 billion euros for the first four months of the year, by adding 500

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  5. Retail turnover drops by 12.3 pct and volume by 11 pct in December
    Photo by MacroPolis

    EconomyMacroeconomy

    dropped by 3 percent. The latest business indicators for February published by the European Commission showed that consumer confidence fell by 3 points month-on-month and came to -46.2. Compared

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  6. A brief lexicon of the Cyprus issue negotiations
    Photo by MacroPolis

    Agora

    Here we go again. After a hiatus of more than 3 years, the negotiations for the resolution of the Cyprus issue have resumed this week. The Cypriot Bill Murray wakes up to yet another Groundhog Day...-President elected by members of their communities respectively while a 7:3 formula was used for the cabinet

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  7. Greece raises another 2.5 bln with reopening of sought-after 10-yr bond
    Photo by MacroPolis

    Economy

    in March and another 3 billion euros with a 5-year bond early last month. Wednesday’s issue closed... banks at 3 pct. The UK led the geographic distribution with 24 pct, followed by France at 19 pct

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  8. Economic sentiment stable in June, but consumer confidence drops
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    at 117 points in June, rising by 3 points month-on-month. Consumer confidence paused its recovery... to match the previous high of -4.8 in February 2020. Industry confidence dropped by 4.1 points to 3

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  9. Stock taking: Where is the Greek economy now?

    Agora

    ambition to return to a primary surplus of around 3½ percent of GDP. This is a welcome development, because the interest bill on the debt is around 3 percent of GDP (depressed with super low interest rates

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  10. Central gov net cash position shows deficit reined in from last year to 6.97 bln

    EconomyMacroeconomy

    for the first 10 months of the year showed that revenues increased by circa 3 billion euros from last year... to 5.55 billion euros. Overall expenditure in the first 10 months showed a rise by approximately 3

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