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Turkey's Aegean moratorium eases tension as Berlin tries to foster talks
PoliticsForeign Policyon possible sanctions of economic nature against Turkey, to be decided during an informal meeting... any armed conflict during its six-month EU presidency. Berlin is also aiming to nurture dialogue
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PM forms panel to come up with strategy for use of EU recovery funds
PoliticsGreek Politicsis to collect all the necessary data during August and deliver a proposal by the end of September so it can... be deemed suitable, and would not run into any complications during the approval process. Mitsotakis
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Trade deficit falls by 10.3 pct in June
EconomyMacroeconomyat a sharper rate by 19 percent during the month. When stripping out the impact of oil products..., respectively. Without these two elements, the trade deficit decreased by 19.7 percent during
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Athens treads tightrope as Turkish research vessel sails in Aegean
PoliticsForeign Policythat during the call with the NATO chief, Mitsotakis argued that the alliance could no longer adopt an “equal... of an outside threat. In fact, as is often the case during national crises, the opposition parties have
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Retail sector struggles through pandemic
EconomyFeaturesconducted during the first 15 days of the summer sale season, which is due to end on August 31. The survey... 45,000 euros. Nearly six in 10 (58 percent) believe that their sales during the first 15 days
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Budget primary deficit of 7.46 bln confirmed for July as revenues sag
EconomyMacroeconomythe target by 1.40 billion euros. VAT revenues missed their target by 1.74 billion euros during... year, interest payments stood at 3.64 billion. During the first seven months of the year, total
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Data shows export market shake-up amid pandemic
EconomyFeaturesin during the first wave are likely to be avoided by most governments. Exports from Greece declined... remain Germany in first place and Italy in second. Spain also rose through the ranks during
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Eurobank net results show profit of 176 mln in H1
EconomyBankingfunding totalled 8 billion euros during Q2 from 2.7 billion in Q1. This is entirely due to the TLTRO... deposits landing at 45.2 billion euros. The loans to deposits ratio improved to 81.6 percent during
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Trade deficit falls by 17.1 pct in July
EconomyMacroeconomydropped by 23.9 percent during the month. When stripping out the impact of oil products and the value..., respectively. Without these two elements, the trade deficit decreased by 17.5 percent during the first
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Property e-auctions resume after pandemic hiatus as banks focus on NPLs
EconomyBanking. During March, 842 auctions were held compared to 1,302 in the same month last year. No auctions... to the pandemic. The onset of the coronavirus spelt the end of a lengthy period during which bad loans
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