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  1. Greece looks to cultivate ties with Egypt and Israel while keeping eye on Turkey's role in Syria

    PoliticsForeign Policy

    in Syria. It is also widely expected that Turkey’s role in the area will be discussed while... to the one that led to the contested Turkey-Libya memorandum in 2019. Greece and Cyprus would also like

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  2. Greece aligns with EU on Israel-Iran conflict, keeps close watch on Turkey as Ankara submits maritime plans

    PoliticsForeign Policy

    is participating with its frigate Psara in the area as part of the European Union’s operation Aspides. Turkey’s...-Libya memorandum, which provoked tension with Greece. Athens reacted to the publication of Turkey’s MSP

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  3. Athens takes stance on peace in Ukraine, faces stalemate in relations with Turkey
    Image: https://flic.kr/p/2ordhv9

    PoliticsForeign Policy

    acknowledged on Thursday that the agreement covers an area outside the Turkish continental shelf... to propose a five‑party forum - comprising of Greece, Egypt, Turkey, Cyprus, and Libya - to facilitate

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  4. Summer season looks under threat as revenues fail to materialise
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    area. In addition, up to 41 percent of respondents said that they planned not to take any type... hit to its tourism industry this year. In that estimate, EY cited tourism analytics company..., the initial estimate of 8 billion euros in tourism receipts this year is already looking optimistic

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  5. Fitch keeps rating at 'BB', sees GDP contraction of 7.9 pct in 2020
    Photo by MacroPolis

    Economy

    , essentially unchanged from its 8.1 pct estimate in April. Though uncertain, the recovery estimate remains... as an area of vulnerability, with the NPE ratio at 37.4 pct at the end of March, despite all... estimates have factored in the costs of adhering to the recent ruling by Council of State

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  6. Newsletter 416 - 15/03/2024

    Newsletters

    . The Finance Ministry's estimate was missed by less than half a percentage point and was subject... certainly live with a growth rate in the region of 2 pct for 2023. The area that the Greek authorities... households. The growth estimate of 2.9 pct included in this year's budget puts the finance ministry's

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  7. Revision confirms second year of total fiscal surplus at 0.8 pct of GDP
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    than the 178.6 percent in April’s estimate, mostly thanks to the upward revision of GDP. Greece’s... and expenditure items such as privatisation revenues, bank support spending and income from euro-area national... by 2.3 percentage points from April’s 180.8 percent estimate.

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  8. Newsletter 419 - 05/04/2024

    Newsletters

    inflation in the euro area was up by 3.1 pct, while services prices increased by 4 pct YoY. Greece..., there is a critical mass of evidence that the Finance Ministry’s estimate of 2.9 pct will likely be out of reach. The Parliamentary Budget Office (PBO) this week released its latest estimate

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  9. GDP grows by 1.3 pct QoQ in Q2, in line with growth estimates of 2+ pct for year
    Photo by MacroPolis

    EconomyMacroeconomy

    pct that appeared in the 2023 final budget at the end of 2022. The most recent inflation estimate... in 2023, from 1.2 seen in the previous estimate in February. In its latest World Economic Outlook... percent QoQ. Outlook According to the latest Finance Ministry estimates included in the Stability

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  10. Athens buoyed by EU, US support over maritime spat with Turkey
    Photo via www.mfa.gr

    PoliticsForeign Policy

    on the Turkey–Libya maritime border deal. A common statement adopted by the EU leaders during... on Thursday decided to appoint a special envoy to Libya. This will be Ambassador Christodoulos Lazaris. His mission will be to maintain contact with all sides in Libya in order to closely monitor developments

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