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  1. Athens sees many benefits in renewal of defence cooperation with Washington

    PoliticsForeign Policy

    -by-step bilateral progress by diplomats and successive governments of both countries, diplomatic... bilateral agreement with clear references to sovereign rights and sovereignty. Foreign Minister Dendias... Partnership defensive agreement with France, our country is adding another link to the chain of its bilateral

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  2. PM sees progress on lasting dispute with Albania after Tirana visit

    PoliticsForeign Policy

    to the International Court of Justice in The Hague,” even though he acknowledged that bilateral talks on the issue... to the countries in the region to engage more in solving bilateral disputes, also in the EU integration... and this in itself is underlining the will of both governments to put our bilateral relations on a new trajectory

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  3. Athens and Ankara affirm new, calmer period in relations
    Image: https://flic.kr/p/2ogtue8

    PoliticsForeign Policy

    In recent weeks, Greece and Turkey have underlined the new political reality in their bilateral... to preserve the new dynamic in the bilateral relations. He also stressed that the two countries do not need mediators in their talks and that their dialogue should be bilateral without third parties involved

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  4. Greek-Albanian deadlock over Beleri case no closer to being resolved
    Photo by Michael Button via Flickr https://flic.kr/p/ddQycw

    PoliticsForeign Policy

    of law. He also said that the question of Fredi Beleri's arrest was not a bilateral issue. "The question... and the political rights of its citizens is not a bilateral issue. It is a European issue," he stressed in a radio... by the Albanian side had had a negative impact on bilateral relations, confirming the impasse between

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  5. North Macedonia's new president triggers diplomatic row with Greece on her first day
    Photo via https://flic.kr/s/aHsmCvcg47

    PoliticsForeign Policy

    Foreign Ministry issued a statement and warned Skopje about possible dangers in both bilateral relations..., Greece categorically states that further progress in its bilateral relations with North Macedonia... the Greek government to react “both at a bilateral and at an international level”. But what happened

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  6. France and Greece upgrade defence pact as regional and political risks loom

    PoliticsForeign Policy

    reaffirmation of a bilateral relationship that has evolved into one of increasing strategic depth... continues to be the cornerstone of the bilateral partnership. Macron publicly reaffirmed France’s... this assessment, describing the agreement as a milestone that deepens bilateral cooperation across

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  7. Cyprus in 2014: Looking ahead
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Agora

    Emergency Liquidity Assistance (ELA) due to the decision to sell the assets of all Cypriot banks... for ELA that Laiki provided to its branches in Greece, leading to a precarious liquidity situation... allows for the ELA to be replaced by more long-term finance; however there seems to be a lack

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  8. Greece's extension proposals to the Eurogroup and what they mean
    Photo by Harry van Versendaal

    PoliticsGreek Politics

    Liquidity Assistance (ELA) mechanism of the Bank of Greece (BoG) for funding. However, the provision of ELA funding is approved by the ECB twice a month for a 2-week period, while ELA could..., following an March 2013 decision. This means that Greek banks will continue depending on ELA for funding

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  9. Deposit outflow slows to 2.19 bln in Mar as balances slip to lowest in 10 yrs
    Photo by MacroPolis

    EconomyMacroeconomy

    to ELA funding and the remaining 36 percent (38.67 billion) to ECB funding almost entirely comprised by EFSF bonds. The ECB raised on Wednesday the ELA limit for Greek banks by an additional 1.4 billion euros to 76.9 billion. By the end of March 68.51 billion of ELA had been used so the new limit

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  10. Where has the money withdrawn from Greek banks gone?
    Photo by MacroPolis

    Agora

    of the limit on Emergency Liquidity Assistance (ELA), which is revised by the ECB every week, suggests the ELA funding available for Greek banks increased by 5.6 billion euros in April. This indirectly suggests a similar amount of outflows for this month. However, since the ELA cap is not fully used

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