Search
-
A fierce political clash over medicine prices in Greece
PoliticsGreek PoliticsGreek Parliament passed an amendment on Wednesday that should lead to the cost of dozens... legislation was passed on Wednesday, the cost of generic drugs was linked to the price of brand name... into account the three lowest prices in the European Union for each drug and linking its cost
10% -
Greek banks on cusp of improved liquidity conditions
Agorafunding cost stands at 150 basis points (bps) higher than that of ECB funding. This means the positive... in the TLTRO-II operation, they would have access liquidity at a cost of -40 bps versus zero cost for ECB... funding after a haircut of around 45 percent is applied. On top of the interest cost of 1.5 percent
10% -
Manufacturing wage cuts were turned into profit, GSEE study claims
EconomyFeaturesbased on cost of labour was said to have increased by 56 percent in six years, while staying more... to have done, the manufacturing sector turned them into profits. The cost margins appear to grow further when the cost of raw materials and services is factored in. GSEE claims that this indicates
10% -
Alpha Bank posts net loss of 10.9 mln in Q1
EconomyBankingstaff costs. The Cost to Income ratio stood at 52.2 percent. In Greece, recurring operating... noted. Due to this, the cost of risk (CoR) rose to 2.51 percent over gross loans in Q1 versus an average cost of risk of 1.97 percent in 2019. Excluding the impact of the coronavirus, CoR stood
10% -
Territorial waters, hydrocarbon research cause friction between Athens and Ankara
PoliticsForeign Policyto 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
10% -
Turkey's move in Mediterranean puts Mitsotakis under pressure domestically
PoliticsGreek Politicswith Libya last week to delineate maritime borders in the Mediterranean. Athens has labelled the deal “illegal,” arguing that Libya’s prime minister does not have the legal authority to sign such agreements... and creation of EEZs. Greece has also threatened to expel Libya’s ambassador in Athens. Mitsotakis has had
10% -
Athens ups diplomatic effort as Turkey plans hydrocarbon research in Greek continental shelf
PoliticsForeign Policyon 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
10% -
Athens poised to take next steps on maritime borders
PoliticsForeign Policydeposits 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
10% -
Athens pleased about new EU-Egypt deal, seeks closer ties with Cairo
PoliticsForeign Policywith 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
10% -
Athens insists maritime spatial planning plans do not obstruct talks with Turkey
PoliticsForeign Policytreaty 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
10%