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GDP grows by 0.1 pct in Q4, up by 1.4 pct in 2017
EconomyMacroeconomythe quarter. ELSTAT also released a first estimate of the overall GDP figure for 2017, showing that it grew... the Ministry of Finance’s (MoF) final budget estimate of 1.6 percent. This was driven largely by a 15.7... in November 2017. For 2018, the MoF revised upwards the growth estimate to 2.5 percent from 2.4 percent
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Macroeconomic fundamentals for Greece
Agora). This is the estimate we use for Greece’s Natural Rate of Unemployment, reflecting reforms that were made during..., which will be growing. We estimate for now an underlying structural interest bill of 4 percent... as the proportion of market-placed debt grows. Finally, we can estimate that Greece needs a structural primary
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IMF revises growth forecasts downwards, emphasising gap with other lenders
EconomyMacroeconomyslightly to 1.8 percent next year. The estimate for this year is a substantial revision from the WEO estimate in October, when the Fund expected Greece to grow by 2.6 percent in 2018. Also, the estimate for 2017 was for 1.8 percent growth, now revised down to 1.4 percent, in line with ELSTAT’s
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Energy drives closer cooperation between Greece, Cyprus and Egypt
PoliticsForeign Policyprocess on the Syrian crisis, while also expressing “serious concerns over the situation in Libya.” The instability in Libya and the presence of jihadists there was highlight by the Egyptian president
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In Washington, Mitsotakis stresses economic recovery, geopolitical importance as IMF departure announced
PoliticsGreek Politicsa maritime agreement with Libya that infringes on Greece’s sovereign rights. Some commentators... with Libya is “null and void” because it ignores the exclusive economic zones of Greece’s islands, which he
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Newsletter 234 -10/01/2020
with Ankara, which escalated following Turkey’s decision to sign a maritime agreement with Libya... actions in Libya, as well as the two memoranda signed between Ankara and Tripoli. However, Turkey’s
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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
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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
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Athens on lookout as Ankara ramps up rhetoric and activity
PoliticsForeign Policywith regards to the Turkey–Libya sea memorandum by claiming that Turkey’s and Libya’s rights
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Renewed concern over East Med as Turkey aims to resume drilling
PoliticsForeign Policywere not acquired by Greece under international law and that they are Turkish territory. In Libya... and designated to enforce the UN Security Council Arms embargo on Libya in place since 2011.
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