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BoG sees 7.5 pct recession, EU funds boosting GDP by 1.9 pct annually
Economyin place, Greek systemic banks are expected to shed more than 30 billion of NPE off their books via... banks deal with the bad loans challenge. BoG has revised its forecast for Greek GDP, from 5.8 pct... estimates and is based on the latest official data from ELSTAT, which sees Greek GDP dropping by 7.9 pct
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Newsletter 269 -16/10/2020
a new Turkish exploration mission in the Aegean, just south of Kastellorizo, led Athens to call off... for hydrocarbon resources in an area that Athens claims to be part of its continental shelf. The Greek Foreign... south of Kastellorizo on Greece’s continental shelf, just 6.5 nautical miles from Greek shores
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Political impact of spying revelations unclear, as drip-feed of information continues
PoliticsGreek Politicsthe weekend, which marked the peak of the traditional Greek summer holiday season, political tensions eased..., may have been leased, rather than sold, to the Greek government. It also focussed on a recently... appears to be firmly off the table as a result of the spying revelations is a ND-PASOK alliance
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Turkish missile test adds to complexity of defence assessment in Athens
PoliticsForeign Policyflew 561 kilometers (350 miles) before falling off the coast of the port of Sinop, the furthest any... be seen as just an attempt by Ankara to make an impression. The Greek government does not currently... specific weapons and anti-missile systems. Common national line The Greek government
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Newsletter 356 - 21/10/2022
or other coordinated measures to reduce energy costs, the Greek government does not want to rule out... to pay off in political terms as voters can measure the assistance more easily. Nevertheless... to attract investorsThe Greek banking sector has started attracting investors' interest after
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Fires cast growing shadow as new shipwreck probe is announced
PoliticsGreek Politicsconcern for Greek voters. And, given, that it is in the process of a leadership election... In a potentially troubling development for the Greek authorities, the European Ombudsman announced on Wednesday... of migrants travelling from Libya to Italy drowning in the Mediterranean, off the coast of Greece
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Foreign policy tops political agenda as relations with Greece's neighbours come under scrutiny
PoliticsGreek Politicsto meet with Turkish President Recep Tayyip Erdogan in Ankara on Monday. The Greek side is hoping... Minister Edi Rama to Athens to speak to members of his country’s diaspora in Greece. The Greek... to join NATO and the EU. However, the Greek PM’s statement also referred to the fact that New Democracy
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Newsletter 444 - 06/12/2024
would not burden Greek banks with an extraordinary tax by putting forward a proposal for exactly such a levy. Speaking at the 3rd Greek Investment Conference in London on Monday, Mitsotakis said... this year. He noted that banks have been recapitalised with almost 40 billion euros of Greek taxpayers
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Newsletter 495 - 20/02/2026
for the national energy strategy, noting that they double the area of offshore exploration in Greek waters... Greek–US strategic relations and enhancing Greece’s regional standing. Welcoming the development... the UN framework; Turkey on minority terminology. The Greek government portrayed the meeting as a success
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Newsletter 132
billion euros and reflects the improving liquidity conditions in Greek banks along with private sector.... The head of the Eurogroup Working Group Thomas Wieser gave an interview to Greek news site insider.gr... at 276 mln in August State of Greek banks regarding NPL reduction remains a concern for the IMF
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