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Many obstacles to clear in Greece's digital leap
EconomyFeaturesand leveraged. A recent estimate put the combined funds earmarked for such projects in the public... for “quick wins” in this area, when it launched over 400 digital services for citizens during the pandemic... technologies – in a single sector of the economy. Yet in the case of the “digital transformation”, a project
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S&P moves Greece closer to investment grade, puts focus on budget and growth
Economyof the first quarter will fall out of the index. Another area that held back Greece over the recent... to commitments through the remaining profits that are yet to be disbursed and access to NGEU resources.... This is underpinned by an estimate of average growth up to 2025 of 3 pct. The stable outlook reflects
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Athens poised to take next steps on maritime borders
PoliticsForeign Policyagreement. Greece’s decision to issue a new Navtex, expanding the area of seismic surveys for hydrocarbon deposits by US ExxonMobil southwest of Crete provoked the reaction of Libya’s GNA government... and the Exclusive Economic Zone when there is a relevant agreement with Libya. The same diplomatic
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Greece and the euro: The flight of Icarus
Agorathe shocks. Yet, at the same time, his government was running a deficit of 9.8 percent of GDP... ($310 billion) from its bailout is going towards repaying existing debt means the amount Greece owes.... Greece has yet to realise its potential as a tourism destination, for instance. It has suffered
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Greece, Cyprus and Israel bolster trilateral ties as Turkey looms in background
PoliticsForeign Policyinvolving Cyprus. Libya also signalled readiness for dialogue. Aguila Saleh, speaker of Libya’s House... disputes stemming from the Turkey-Libya maritime memorandum signed in 2019, which Athens deems illegal... - may yet decide whether to participate. Gaza reconstruction Earlier on Monday, Mitsotakis visited
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Covid-19 puts pressure on health system, forces govt into more restrictions
PoliticsGreek PoliticsAs the pressure on the national health system grows due to an increase in Covid-19 patients, the government has introduced new restrictions for the greater Athens area and officials are not ruling... and its environs, which accounted for 197 of the 310 Covid-19 cases registered on Tuesday. Until
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Piraeus Port Authority announces profit increase for 2015
EconomyBankingto estimate at present what the total impact [from capital controls] on the country's foreign trade is and hence on the import and export cargo through the port.” In 2015 coastal area handling (from... for a 35-year contract. Commenting on the results, the President and CEO of PPA John Kouvaris said: "The PPA yet
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Newsletter 184 -23/11/2018
-area average of 13 percent by 2027. On the reform front, the report noted that all 16 specific reform commitments to be achieved by end-2018 are progressing, but none has been completed yet. The pace... percent to 26 million visitors against an estimate of 30 million for this year by the Greek Tourism
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The allocation of labor resources in Greece and the EU-27
Agora2009-2012. This downward trend was yet again reversed during the subsequent ND government of PM... to assist with the Covid-19 pandemic. Put otherwise, in a key policy area, namely public sector... not occurred, we estimate that the size of real GDP in 2020 would still have been slightly smaller than
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Newsletter 304 - 09/07/2021
more potent in communication terms. While ND is yet to feel any discernible impact on its ratings from... pct in 2021, from the 4.1 pct it expected in May. The growth estimate for 2022 remains unchanged... is also an area of concern as support measures get phased out. This withdrawal needs to be carefully
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