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  1. Primary cash surplus almost halves to 1.1 bln in 2-month
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s central government primary cash surplus fell to 1.11 billion euros in the 2-month period of 2017 from 2.09 billion a year ago, Bank of Greece (BoG) figures showed on Friday. This year’s figure includes arrears’ repayments of 78 million. However...

    6%

  2. Budget primary surplus of 1.1 billion slightly outperforms target by 77 million in Q1
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    The budget primary surplus was confirmed at 1.07 billion in the first quarter (Q1) down by 42.6 percent from last year’s figure of 1.86 billion, according to the Finance Ministry (MoF) final budget execution bulletin. As we noted in the preliminary figu...

    6%

  3. Deposit inflows increase to 1.1 bln in June
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    The deposit flow in the Greek banking system remained positive for the second straight month in June with inflows increasing to 1.09 billion from 638 million in May, Bank of Greece (BoG) figures revealed on Thursday. As a result, the outstanding balance...

    6%

  4. Territorial waters, hydrocarbon research cause friction between Athens and Ankara
    Photo via www.nato.int

    PoliticsForeign Policy

    to try to convince them that Greece is set to snatch 40,000 square kilometres from Libya's continental shelf. Akar also claimed that Turkey and Libya almost have neighbouring sea borders (EEZ or continental shelf). The signs are that Turkey is seeking a more active role in Libya. Akar's statements

    6%

  5. Turkey's move in Mediterranean puts Mitsotakis under pressure domestically
    Photo via NATO: https://flic.kr/p/23BLDJT

    PoliticsGreek Politics

    with Libya last week to delineate maritime borders in the Mediterranean. Athens has labelled the deal “illegal,” arguing that Libya’s prime minister does not have the legal authority to sign such agreements... and creation of EEZs. Greece has also threatened to expel Libya’s ambassador in Athens. Mitsotakis has had

    6%

  6. Athens poised to take next steps on maritime borders
    Photo by MacroPolis

    PoliticsForeign Policy

    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.... The same sources believe that this move could lead Greece and Libya to refer their dispute to the ICJ

    6%

  7. Athens pleased about new EU-Egypt deal, seeks closer ties with Cairo

    PoliticsForeign Policy

    with flows to the Italian and Greek (from Libya to Crete) coasts. Europe is offering a "strategic... urgently needs Egypt to control migration flows from its borders with Libya and, secondly, to improve its... not control the border with Libya, from where Sudanese refugees and Egyptian migrants cross

    6%

  8. Athens insists maritime spatial planning plans do not obstruct talks with Turkey
    Photo by MacroPolis

    PoliticsForeign Policy

    treaty with Libya in November 2019 was rejected by Greece as unlawful as the two countries... in which the main prize was Libya, and its vast oil resources. Turkey protests that it is being hemmed... of Greece with which it has not signed an EEZ agreement namely, Libya but also Albania. For the latter

    6%

  9. ND doubles down on stricter migration policy, riling opponents
    Photo by MacroPolis

    PoliticsGreek Politics

    of migrants reaching the country from Libya. The measures include a three-month suspension... with Libya are troubled and the EU’s attempt to build ties with General Khalifa Haftar, the military leader of eastern Libya, ended in failure this week. It is expected in Athens that another effort

    6%

  10. Corruption claims, foreign policy missteps impede government’s efforts to build momentum
    Photo by MacroPolis

    PoliticsGreek Politics

    relations with Libya and the submission of two note verbale by the Tripoli-based government... deems not be in line with international law. In the notes, Libya claims that Greece’s maritime agreement... spokesman Stelios Petsas. The centre-right MP called for Athens to “toughen its stance” regarding Libya

    6%