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Q2 rise of 7.7 pct in apartment prices marks 12-year high
EconomyMacroeconomy, respectively. Apartment prices in Greece began to decline in the first quarter of 2009. The biggest annual fall.... The sharpest quarterly rate of decline was seen in Q4 2012, when apartment prices showed a YoY drop... of property price recovery with strong interest coming from overseas stakeholders as well
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Mitsotakis defends his record against backdrop of tough migration package
PoliticsGreek PoliticsPlevris, was refused entry to eastern Libya for negotiations. The measures include a three-month... are, we do not accept you”. Plevris followed up with a TV interview in which he said that non... Mitsotakis of resorting to anti-migration policies to deflect from the failure of foreign policy in Libya
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Fall in apartment prices continues with slower decline of 0.6 pct in Q3
EconomyMacroeconomyshowed on Thursday. Compared to the previous quarter, apartment prices contracted by 0.1 percent... areas of Greece. Apartment prices have been declining since the first quarter of 2009. The biggest... contraction after two strong months of growth. Overall, building permits have plummeted by around 87
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Athens steps up efforts to build links with Libya as EU steps in to assist
PoliticsForeign PolicyIncreased migrant flows from Libya to southern Crete are causing the Greek government much concern.... This is why European Commissioner Magnus Brunner is visiting Libya on Tuesday. He is due to meet officials... hour. Talks focused on the problem of the irregular arrivals from the northeastern part of Libya
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Diplomatic drive turns to Ukraine and Libya, again
PoliticsForeign Policywent on a working visit to Libya on July 4 and 5, with stops in Tripoli and Benghazi. The visit took.... While Fragogiannis was in Libya, Dendias visited Kiev and Odessa to hold talks with the Ukrainian... hope for the safeguarding of their rights.” Libya On the same day and some kilometers away
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Haftar defeats prompt Athens to take fresh look at Libya crisis
PoliticsForeign PolicyDevelopments in Libya, where a UN-backed government of National Accord (GNA) supported militarily... in Libya. The recent military victories for the GNA have led to nearly all of western Libya being... what is going on in Libya, whose future has become unpredictable. The Greek side turned to Marshall
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NBG results show net profits of 409 mln euros on strong trading income in Q1
EconomyBanking. The bank noted that the results reflected strong trading and other income which stood at 775 million euros... (ΝΙΙ) fell by 4 percent QoQ to 277 million. This reflects mainly the rapid NPE reduction of 4.7... fee and commission income came to 63 million in Q1, up by 13.3 percent YoY, reflecting strong growth
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Greece set to reopen embassy in Libya as it seeks better ties with Tripoli
PoliticsForeign PolicyGreece is due to reopen this Tuesday its embassy in Libya's capital Tripoli, which has been closed... and current head of Libya’s presidency council, Mohamed Al-Menfi. The Greek premier will be accompanied by Foreign Minister Nikos Dendias as the pair try to rekindle relations between Greece and Libya. Athens
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Against backdrop of growing energy challenges, PPC capital raise stirs reaction
PoliticsGreek PoliticsOperator (HEDNO), for 2.1 bln euros. The capital raise decision comes against a backdrop of concern... Bloomberg TV in New York this week that his administration is aiming to shut down coal-fired power
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Government under pressure from TV permit and Attica Bank claims
PoliticsGreek PoliticsTV licence tender had fallen apart in “legal, political and moral” terms, with the conservatives... last year the government has held up the TV tender as a prime example of its self-professed attempt... as having close ties with some SYRIZA ministers, was one of the four successful bidders in the TV auction
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