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EastMed pipeline close to high-level agreement, but still a long way from becoming reality
EconomyFeaturesas well as Jordan. Cyprus is still backing the building of an LNG terminal at Vassilikos... at the crossroads of a number of major energy infrastructure projects, including pipelines and LNG terminals... important to note that Egypt already has substantial under-utilised LNG export infrastructure, limiting
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Government attempts to offer reassurance against winter energy shortages
PoliticsGreek Politicsas long as LNG continues to be available. Among the reasons behind his optimism, the minister’s statement listed the increase in storage capacity at the country’s only LNG terminal at Revithoussa... stand ready to place additional orders for LNG and pipeline gas via the TAP pipeline
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Greek economy contracts 0.9 pct in Q1, slowest pace since Q1 2010
EconomyMacroeconomythe flash estimate of -1.1 percent released on May 15. Greece has experienced negative growth since... quarter. In addition, Q1 GDP contracted at the slowest pace since Q1 2010, when it had eased 1.1 percent... tourism season this year. Total imports rose 2.2 percent in Q1 reflecting a broadly similar increase
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Q4 GDP contracts 1.2 pct QoQ, leading to recession of 0.1 pct for 2016
EconomyMacroeconomy. The provisional estimates also showed that GDP fell by 1.1 percent year on year (YoY) in Q4 after strong growth... to the corresponding period last year, private consumption rose 1.1 percent in Q4 after a much stronger... percent QoQ and 2 percent YoY leading final consumption expenditure down 1.1 percent QoQ and up 0.6
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CPI falls by 0.2 pct in Jan, first negative figure since Nov 2016
EconomyMacroeconomyaverage HICP for 2017 was positive by 1.1 percent. The main driving force behind the year-on-year... in miscellaneous goods and services (-2.2 percent), household equipment (-2.1 percent) and clothing... percent) and hotels, cafes and restaurants (+1.1 percent). Month-on-month, the CPI fell by 1.6
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Greece on track for bumper tourism year, figures show
EconomyFeatures, international airport arrivals rose by 11.1 percent to 1.1 million. In the year-to-date, international arrivals increased by 17.6 percent to 2.2 million passengers. Road arrivals also rose by 1.1 percent... million. EU28 visitors rose by 12 percent to 1.1 million. Within this, euro-area visitors were up by 15.8
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Newsletter 218 -06/09/2019
a downward revised rise of 1.1 percent in Q1, provisional estimates from the Hellenic Statistical Authority (ELSTAT) revealed this week. The YoY GDP growth was primarily driven by a 1.1 percent rise... quarters of 2018 was 1.3, 2.2 and 2.9 percent, respectively. On average, the revised data shows that house
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Newsletter 186 -07/12/2018
. GDP shows annual growth of 2.2 pct in Q3 New investment framework drafted to attract business... of services rose by 2.2 percent QoQ. Final consumption expenditure edged down by 0.2 percent... by 2.4 percent QoQ. GDP grew by 2.2 percent year-on-year (YoY) after a slight downward revision of Q2
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GDP growth slows to 0.3 pct QoQ, investments underwhelm
EconomyMacroeconomymovements in Q3 were led by a rise of 0.1 percent QoQ in final consumption. Investments decreased by 1.1... was revised slightly down to 2.2 pct and is seen at 2.3 pct for 2025. In the latest financial stability report that was published in October, Bank of Greece (BoG) sees 2024 growth at 2.2 percent, and 2.5 pct
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Greek primary budget surplus eases to 1.95 bln on back of lower revenues in Aug
Economyrevenue targets included revenues of 884 million euros from the first two instalments of the new
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