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Greece and Turkey edging forward with political dialogue
PoliticsForeign PolicyGreece and Turkey plan to take the next steps in their political dialogue on 11 March. Deputy Foreign Minister Alexandra Papadopoulou will meet her Turkish counterpart Burak Aksapar in Ankara to assess the most difficult issues on the agenda. However, Athens does not expect any substantial progress
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Greece and Turkey launch latest round of talks, building up to Ankara visit by Mitsotakis
PoliticsForeign PolicyMonday’s meeting in Ankara between Deputy Foreign Minister Alexandra Papadopoulou and her Turkish counterpart Burak Akçapar signals the beginning of a new round of talks between Greece and Turkey within the framework of the political dialogue that was agreed last year by Prime Minister Kyriakos
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Greece and Turkey move ahead with talks on Confidence Building Measures
PoliticsForeign PolicyDelegations from Greece and Turkey discussing Confidence Building Measures (CBMs) are due to meet at the Ministry of Defence in Athens on Monday. The delegations will be led by ambassador Theocharis Lalakos and Turkey’s deputy foreign minister Burak Aksapar, respectively. High-ranking military
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Slight rise in deposits for March but outflows at 2.2 bln for 2014
EconomyMacroeconomyGreek private sector deposits rose 0.3 percent month on month (MoM) in March, with balances reaching 161.05 billion euros, according to the Bank of Greece (BoG). Net flow turned positive for the first time since December with inflows amounting to 501 mi...
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Primary cash surplus to Oct at 4 bln, including arrears repayment of 2.2 bln
EconomyMacroeconomyGreece’s central government primary cash surplus fell by 875 million eurso to 3.97 billion in the 10-month period of 2016 from 4.84 billion a year ago, Bank of Greece (BoG) figures displayed on Thursday. This year’s figure, though, incorporates arrears’...
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Eurosystem funding drops by 2.2 bln in May, mostly on further decrease in ELA reliance
EconomyMacroeconomyGreek banks’ Eurosystem funding fell for the 23rd successive month in May, when it dropped by another 2.22 billion euros, the Bank of Greece's (BoG) monthly financial statement revealed on Thursday. In the previous month, it dropped at a slower pace of ...
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Budget execution continues to outperform in June, led by 2.2 bln in excess taxes
EconomyMacroeconomyThe budget primary balance came to a surplus of 2.12 billion euros in June, compared to a deficit of 3.43 billion euros in the same period of 2022, according to the preliminary Finance Ministry (MoF) budget execution data released on Monday. In the firs...
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Newsletter 189 -11/01/2018
allows him to continue in office even if he does not get 151 out of the 300 votes (he needs a 2/5... of at least 151 votes for the name deal but there are doubts about whether he could also do the same..., meaning that four could support the government and help Tsipras get closer the 151 votes he is looking
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Territorial waters, hydrocarbon research cause friction between Athens and Ankara
PoliticsForeign Policyto 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
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Turkey's move in Mediterranean puts Mitsotakis under pressure domestically
PoliticsGreek Politicswith 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
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