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Newsletter 485 - 21/11/2025
legislation to expand ONEX’s remit, framing the initiative as a “transformation of the Greek economic model... channelled via commercial banks will reach 75% of the total envelope. Reports suggest, however... billion of interest expenses projected for next year. The Greek budget this year will show a total
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Athens harbours big hopes for Egypt energy deal, keeps eye on Turkey's role
PoliticsForeign Policyfor Energy so it can be eligible for EU support funds. Egypt has completed interconnections with Libya... of Northern Cyprus. On the other hand, Cairo and Athens share a common line on the issue of Libya..., and the International Law of the Sea,” he said. The two ministers also discussed the issue of Libya
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FM gauges mood in Middle East, seeks to bolster ties with Egypt
PoliticsForeign Policymemorandum with Libya, which was signed in 2019 and sparked the deepening of the crisis in its... statement on the sidelines of his participation in the Libya Energy and Economy Summit, he pointed out... Unity in Libya last year a memorandum of understanding regarding oil and gas, and noted that he
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Newsletter 472 - 25/07/2025
scrutiny following a series of diplomatic setbacks. Relations with Libya have soured, culminating in two... stance on Libya, reflecting broader unease about the state of Greek diplomacy. Current government.... On Libya, Mitsotakis reiterated his rejection of the Turkey-Libya maritime deal, describing it as legally
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Athens seeks talks with Erdogan as Turkey steps up diplomatic activity in region
PoliticsForeign Policythe government of Eastern Libya to ratify the Turkey-Libya Memorandum of Understanding... the Eastern Libya authorities to ratify the memorandum Ankara agreed in 2019 with the government in Tripoli... (MIT) Ibrahim Kalin, the same reports claim. However, the political situation in Libya is currently
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In bid to polish SYRIZA's image, Tsipras visits Mount Athos monks
PoliticsGreek Politicstriggered an embargo on Union imports by Moscow. There is a connection between the two in the sense... about SYRIZA’s criticism of the EU’s approach to Russia. The embargo could cost Greece as much
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They have a name for it
Agorain a nationalist fervour, with huge demonstrations and a 19-month trade embargo against the newly founded State. It only lifted the embargo when its neighbouring state changed its first flag. Greece and FYR
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What is the state of play with Greek banks?
Economythe total loss for the sector stood at 31.9 billion. At the end of last year, the Bank of Greece (BoG... banks raised a total of 21.7 billion euros of which 3.1 billion or 14 percent stemmed from private... model to determine potential additional capital needs. The whole process is expected to be completed
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Greece changes banks' DTA conversion law to secure ECB/EBA approval
Economy, while the proposed model is in line with that of Portugal, which the European Central Bank has... shares (capital increase) for a total amount resulting from the formula: DTC over capital times... percent of total), and the bank reports pre-tax loss of 1 billion, then the bank will proceed
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Tsipras unveils growth plan but little in way of new ideas
PoliticsGreek Politicsmodel Greece had before the crisis began in 2008, when the country enjoyed one of the highest growth... on the often-repeated method of grants. The total cost of subsidies and grants via the development law... in the following seven years, reaching a total of 1.45 billion by 2031. He also said that a total of 6.75 billion
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