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  1. European Commission's Greek DSA sees recession ahead, debt becoming unsustainable

    EconomyProgramme

    slippages in the first half of the year, the agreed fiscal targets with the Greek authorities call... in 2022. The Commission also notes that gross financing needs to GDP in the adverse scenario (B... of debt and gross financing needs relative to GDP create serious concerns about Greek debt sustainability

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  2. What the ECB did next - a tale from another crisis
    Photo by MacroPolis

    Agora

    , but still hugely problematic, economic contraction, and it was Draghi’s call. A key question is whether... the cash needed to pay for these same bonds. This circular form of financing is possible and affordable... funding. But, what else could they, or should they have done? Allowing back door financing would defeat

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  3. Newsletter 309 - 24/09/2021

    Newsletters

    will not attempt to form a coalition based on the outcome of those elections and will instead call a second vote... sustainability, the annual gross financing needs that are not meant to exceed 15 pct of GDP. In the pre-pandemic baseline, gross financing needs were seen at below 5 pct in 2021, jumping to close 16 pct

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  4. Greek-Italian sea borders, EEZ pact ties up loose end but also carries wider significance
    Photo via https://flic.kr/p/2jag5de

    PoliticsForeign Policy

    with the UN-recognised government in Libya (GNA) to begin exploration and drilling in parts of the Eastern... signed on Tuesday a Joint Notification to the European Commission, through which the two countries call

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  5. Visit to Cairo underlines Greek aims to reach maritime deal with Egypt
    Photo via https://flic.kr/p/2jd1TEV

    PoliticsForeign Policy

    ” that is undermining regional security and stability, as well as peace in Libya, which President Al-Sisi... value following the delimitation. With such an agreement, Greece could call for the cessation

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  6. Athens hoping EU diplomatic drive will defuse latest Aegean crisis
    Photo via https://flic.kr/p/2jtDXp5

    PoliticsForeign Policy

    will not be tolerated. We call upon Turkey to immediately withdraw from Greece’s continental shelf.” It remains... by the agreement Ankara made with Libya last year, and which Athens has described as null and void

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  7. EastMed, defence and energy dominate Pompeo's visit, leaving Athens satisfied
    Photo via www.primeminister.gr

    PoliticsForeign Policy

    is especially important as Russia continues to destabilise the region, especially in Libya,” Pompeo... than acceptable,” he said. Earlier on Monday, the United States and Greece issued a joint call

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  8. Athens displeased with EU Council outcome, faces pressure for talks with Turkey

    PoliticsForeign Policy

    adopted last week call for their immediate resumption and “smooth continuation” of such talks. Ideally...’s intervention in Libya last year.

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  9. Energy tops agenda as FM heads to Israel
    Photo by Finnish Presidency of EU

    PoliticsForeign Policy

    is expected May 14 and analysts believe the result may be a close call for Erdogan. This is why Greece... as well as the Turkish-Libya memorandum. “We will continue to deconstruct calmly and soberly

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  10. Tragedies bring period of calm in Greek-Turkish relations
    Image: https://flic.kr/p/2oman2b

    PoliticsForeign Policy

    Minister Nikos Dendias and his Turkish counterpart held on Monday as well as in the telephone call... emerged in recent years, especially following the signing of the Turkey-Libya memorandum, or related

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