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Athens looks an as EU prepares to clear path for North Macedonia, Albania accession talks
PoliticsForeign Policyas a compromise deal to overcome French-led resistance to starting talks. The key phrase in the draft... will insist on this point. Commenting on the EU-Turkey deal, High Representative of the Union
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Govt mulls tighter controls on movement, seeks to boost health supplies and Covid-19 tests
PoliticsGreek Politicsreported in the press, a deal with Saudi Arabia to buy masks and ventilators fell through when the Saudi... equipment appear limited to regional hospitals having to deal with localised clusters of coronavirus
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Banks look for way forward as economic shutdown takes its toll
EconomyBankingassociated with having to increase provisions to deal with the growing pile of NPLs. In their end-of-year... banks also reported solid deposit inflows, meaning that their position to deal with the crisis
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IMF sees 2020 GDP contraction at 10 pct, budget deficit at 9 pct due to virus impact
EconomyMacroeconomywill have to deal with this crisis in a hugely challenging global environment. The euro area.... The crisis is set to deal a major blow to the budget, leading a deficit of -9 pct of GDP this year
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Newsletter 252 -29/05/2020
proposal for a recovery fund to deal with the economic fallout from the coronavirus crisis... bad bank to deal with the reduction of NPEs. Speaking before a parliamentary committee, Stournaras
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Athens ups diplomatic effort as Turkey plans hydrocarbon research in Greek continental shelf
PoliticsForeign Policywas and remains fully prepared to deal with this provocation, if Turkey decides to implement... Ankara for the sake of either the EU-Turkey deal on migration, or developments related to Libya
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Covid-19 lockdown, slump suppress electricity demand and edge out lignite
EconomyFeatures’s “green new deal” depends heavily on new investment in the energy sector to replace legacy... of the Covid-19 crisis will overshadow the prior political commitment to an EU Green Deal and strip national
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BoG highlights how Covid-19 compounds legacy issues and structural challenges
Economyinvestment position. The BoG suggests that the only way to deal with these challenges is to ensure... companies, prepare the public health system to deal with a second wave of the virus and ensure especially
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Athens treads tightrope as Turkish research vessel sails in Aegean
PoliticsForeign Policythe deal with Cairo, Athens has undermined a potentially effective facilitator of negotiations... the maritime deal struck with Egypt, arguing that it involved too many concessions on Greece’s part
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PBO highlights pandemic impact on economy, sees 2020 recession of 8.5 to 9.4 pct
EconomyMacroeconomyperiod last year. PBO notes that 8 billion can be attributed to emergency fiscal measures to deal... of the pandemic appears to be manageable, this should not lead to complacency but vigilance to deal
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