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Newsletter 91 - 07/10/2016
, which is below the programme target of 3.5 percent of GDP. In addition, the fund’s estimate... in circumstances that were deemed unusual. If the country’s highest administrative court deems the tender... published its fiscal estimates, which stand below Greece’s bailout programme Draft budget outlines a number
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Greek-Turkish relations back in focus amid overflights and NATO chief's visit
PoliticsForeign Policyairspace three times around the area of Oinousses islet on April 13 and four times on April 14 in the same area. According to senior foreign affairs analysts, Turkey considers these areas to be “grey zones... decision last Thursday to order a military exercise in northern Greece and the Aegean. It is unusual
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Athens steps up diplomatic efforts amid ongoing friction with Ankara
PoliticsForeign Policyof the two MoUs signed between Turkey and the UN-backed government in Libya. Greek diplomats... to Ankara's actions in Libya and the Eastern Mediterranean. It has also focussed its efforts... the Turkish vessel Oruc Reis was a minor one. The ship most likely sailed into the area of Greece’s
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Greece faces dilemma over how to address relations with Turkey
PoliticsForeign Policyand especially in the "sea zone between Turkey and Libya". This is what İbrahim Kalin, special adviser... intervention in Libya that does not mean it is willing to risk damaging relations with Ankara in East..., an area disputed by Turkey. Similarly, Rome is reportedly asking to skip EU rules regarding
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Mitsotakis backs Ukraine as Athens tries to balance position with Trump administration
PoliticsForeign Policyin the area where Turkey claims to have rights via the maritime border memorandum signed with the Government of National Accord (GNA) of Libya in November 2019. He clarified that the project is a European... of 2023, Turkey would automatically and ceremoniously withdraw from the Turkey-Libya memorandum. We
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Corruption claims, foreign policy missteps impede government’s efforts to build momentum
PoliticsGreek Politicsrelations 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
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Newsletter 196 -01/03/2019
of Eurogroup The Greek government has yet to settle on the details of the new framework for primary... of the three (out of a total of 16 reforms) with which the European Commission is not yet satisfied... relief measures. Another area where further steps are needed, is the completion of the complementary
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Piraeus Bank records net losses of 6 mln in Q1, further reduction in NPE stock
EconomyBankingbps to more than 310 bps in 2020. It also sees the cost to income ratio falling below 45 percent... is estimated to be achieved mostly via write-offs (6.5 billion) as well as restructuring, collections... from Piraeus’ core assets versus the current 65 percent. PLU loans are estimated to decline from 37
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ND tweaking stimulus measures as SYRIZA flounders in Novartis backwash
PoliticsGreek Politicswill have to pay sanctions of around 310 million dollars, of which 85 million dollars relates to bribery... refund is estimated at 1.4 billion euros by mid-July, the mortgage subsidy is another 400 million, SYN-ERGASIA is estimated at 1 billion and the reduced tax-advance this year is another 500 million. Tax
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IMF: Greece's GDP spend on asylum seekers 6th highest in EU
Societypending. IMF staff estimate that, on a GDP-weighted basis, average budgetary expenses for asylum... deviate from the adjustment path toward the Medium-Term Objective in case of an “unusual event outside
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