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  1. Credit contraction slightly accelerates to 1 pct in May on deductions of 395 mln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    to 159 million in May, extending the five-month figure to 812 million. The balance decreased to 60.45

    8%
  2. Budget primary surplus at 5.36 bln in 10-month, exceeding target on lower expenditure
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    for a seventh consecutive month to stand at 812 million, declining from September’s figure of 999 million

    8%
  3. Lower yields for short- and long-term borrowing boost Athens
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    ratio of 2.81. The PDMA accepted 812 million euros for an auctioned amount of 625 million. The yields

    8%
  4. Budget primary surplus at 3.07 bln in Mar on back of 2022 tax collections, underspend
    Photo by MacroPolis

    EconomyMacroeconomy

    by 1.51 billion euros, while transfers were up by 812 million euros. This overperformance is due

    8%
  5. 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

    8%
  6. Athens ups diplomatic effort as Turkey plans hydrocarbon research in Greek continental shelf
    www.mfa.gr

    PoliticsForeign Policy

    on the memorandum signed with the UN-recognised government in Libya’s Tripoli (GNA). Athens has also asked from... that Ankara has demarcated from its shores to the point where its sea borders meet Libya, based... Ankara for the sake of either the EU-Turkey deal on migration, or developments related to Libya

    8%
  7. 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

    8%
  8. 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

    8%
  9. 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

    8%
  10. Greece, Cyprus and Israel bolster trilateral ties as Turkey looms in background

    PoliticsForeign Policy

    involving Cyprus. Libya also signalled readiness for dialogue. Aguila Saleh, speaker of Libya’s House... disputes stemming from the Turkey-Libya maritime memorandum signed in 2019, which Athens deems illegal

    8%