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Turkey's new Libya MoU prompts swift reaction from Athens, which mulls further moves
PoliticsForeign Policyby Ankara. Last Monday, much to Greek frustration, Turkey and Libya signed a memorandum of understanding... and Abdul Hamid Dbeibah, the leader of one of two competing governments in divided Libya. He said... they infringed on Greek waters. “Turkey is seeking to take advantage of the turbulent situation in Libya
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Industrial turnover growth slows to 2.2 pct YoY in Jan with modest manufacturing gains
EconomyMacroeconomyGreece’s industrial turnover growth slowed in January, rising by 2.2 percent year-on-year (YoY), from a 5.7 percent increase in December, according to data released by the Hellenic Statistical... reports of less robust domestic demand. Meanwhile, from the European Commission’s business indicators
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OECD sees sustained growth of 2.2 pct in 2026, challenges persisting
EconomyMacroeconomypct this year, at 2.2 pct in 2026, and 1.8 pct in 2027 as strong investment gradually moderates... consumption will stay robust due to continued employment gains and rising real wages. RRF-funded spending
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Retail sales rise by 2.2 pct in December, average growth of 1.7 pct in 2017
EconomyMacroeconomyGreece’s retail sales rose by 2.2 percent year-on-year in December after November’s upwardly.... December’s growth of 2.2 percent compared to December 2016 indicates a slight underperformance..., with an average preliminary rise in retail turnover of 1.7 percent, that estimate appears to have been
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Ankara springs surprise on Athens with Libya maritime deal
PoliticsForeign PolicyJurisdictions Memorandum with Libya. The MoU was signed after Turkish President Recep Tayyip Erdogan held.... Additionally, Libya and Ankara argue that they have common sea borders, ignoring the island of Crete... the Turkish coastline of Marmaris-Fethiye-Kas and Libya’s coastline of Derna–Tobruk–Bordia. Whatever the deal
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Athens strives to build opposition to Turkey-Libya deal as France pledges support in East Med
PoliticsForeign Policyactivities in Libya and the broader Eastern Mediterranean. With this in mind, Foreign Minister Nikos... stance regarding the situation in Libya. On the one hand, Greece supports a political solution..., as a neighbouring country of Libya directly affected by developments there, and as a factor for stability
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Mitsotakis seeks Libya cooperation, keeps open mind on extending territorial waters
PoliticsForeign Policyto contest and challenge in practical terms Greek sovereign rights via the Libya-Turkey memorandum. Commenting on the attitude of Turkey and the memorandum with Libya, Mitsotakis announced the intention of Greece to approach Libya on a number of issues, including the beginning of talks
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EC makes minor adjustment to growth forecast, at 2.2 pct for 2024
EconomyMacroeconomyfor Greece, which remained broadly unchanged with growth seen at 2.2 pct in 2024 and 2.3 pct next year... is significantly more modest in its investment growth estimate, seen at 6.7 pct this year, against... growth estimate, seen at 2.5 pct in 2024 and 2.6 pct next year. Even if the more moderate forecasts
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Newsletter 485 - 21/11/2025
the 2.2% estimate for this year. Private consumption is expected to remain robust, though slightly more... of the RRF, roughly split in half. At the same time, bankers estimate that the loans component of the RRF.... On a more encouraging note, exports are expected to double their growth to 4.5% in 2026, from 2.2
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Draft budget sees primary surplus at 1.8 pct of GDP in 2017, revenue interventions of 2.5 bln
EconomyMacroeconomy. Specifically, the MoF adopts the EC estimate pointing to a 2.7 percent growth in 2017 fuelled by a 1.8... percent above last year’s estimate. It is projected to increase by 3.5 percent to 182.33 billion... have been downward adjusted by 2.2 percent to 48.16 billion euros in 2016, largely reflecting
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