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Athens seeks talks with Erdogan as Turkey steps up diplomatic activity in region
PoliticsForeign PolicyAthens will seek to overcome the stalemate in its political dialogue with Ankara during a meeting... of these talks since Ankara has made clear that it will block the planned electricity... the Eastern Libya authorities to ratify the memorandum Ankara agreed in 2019 with the government in Tripoli
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Budget primary surplus at 3.16 bln in December, missing target for full year by 443 mln
EconomyMacroeconomybillion euros and was below target by 611 million. Net revenues came to 50.96 billion euros, under... expenditure came to 44.20 billion, below target by 611 million euros. Interest payments declined YoY
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Newsletter 211 -21/06/2019
plans to appoint a chief of staff as part of his effort to re-model the prime minister’s office... million euros in the first five months of 2019, compared to a surplus of 853 million noted in May 2018... expenditures). The MoF said that these one-off payments that took place until May of 2019 in connection
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Unemployment drops to 15.9 pct in May, inactive figure also eases to 3.23 mln
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate dropped to 15.9 percent in May, from a revised... on Tuesday. The unemployment rate in May last year was 16.8 percent. This May, employment increased... by roughly 140,000 people. Total employment in May was close to 3.9 million people. ELSTAT explains
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Record travel receipts and narrower trade deficit reflected in current account up to May
EconomyMacroeconomyGreece’s current account deficit narrowed in May to 960.2 million euros, from 1.39 billion euros in the previous month, Bank of Greece (BoG) data released on Tuesday showed. In May 2025, the balance... came to 2.11 billion euros in May, from 2.36 billion euros in the same month last year. Total imports
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Alpha Bank reports H1 profits of 267.4 mln on one-off item
EconomyBankingthat Alpha and the other three systemic banks have eliminated ELA funding since May. The bank’s Basel III... for the calculation of capital needs by the ECB in the upcoming stress tests. In addition, the ECB may disclose two figures for Greek banks’ potential capital shortfalls: One under the static model and one under
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Greece and lenders trap themselves over labour reforms
Agoramay have exceeded 3 percent of GDP against a target of just 0.5) to show that this figure can... social model.” At least, that is what European Economic Affairs Commissioner Pierre Moscovici told MEPs... reach an agreement the terms of an agreement may be established through arbitration The wise men
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NOME auctions: amendments to legal framework for electricity market liberalisation
Legal, the NOME auction model was established only as a temporary transitional model until full... companies willing to participate in NOME auctions. As a concluding remark, one may note that it is clear... of the current memorandum. Disclaimer All rights reserved. No part of this publication may be reproduced
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Record year for Greek tourism raises concerns about sustainability
EconomyFeatures. Overtourism The traffic figures suggest that the shine may be coming off some of the emblematic destinations which were among the first to rebound after the pandemic travel restrictions. Several events may have... tourism model, which privileges construction-led development with little concern for sustainability
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Newsletter 476 - 19/09/2025
, the overall balance remains largely unchanged since TIF. If this holds, it may represent the ceiling... confirmed ND supporters. The package may help ND win back some 2023 voters who’ve drifted: 49... labour rights, stifled small businesses, and a skewed production model. Famellos criticised
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