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  1. Athens goes over energy plans, eyes enhanced role

    PoliticsForeign Policy

    between the natural gas systems of Greece and Bulgaria, entering near Komotini and exiting near Stara

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  2. New attempt to get Cyprus talks back on track
    Photo by Andrea Bonetti/Fosphotos

    PoliticsForeign Policy

    . Nicosia has so far resisted these calls as this may seem like an intervention in the Republic’s... communautaire. One crucial issue that may be discussed in Brussels this week is Turkey's recent war... is to return in Turkey, this will be the end of the country's EU accession process. If Ankara abandons

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  3. Athens facing diplomatic developments on several fronts in September
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsForeign Policy

    interventions from the EU and NATO, which may have played a significant role in convincing Ankara... the two sides. The Greek government believes that this tactic may not solve all the problems but helps... soldiers was a gesture of goodwill by Ankara that had little political cost for Erdogan

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  4. In 2024, Greece and Turkey look to build on diplomatic progress made in previous months
    Image: https://www.primeminister.gr/

    PoliticsForeign Policy

    met in Berlin and exchanged views on a six-point proposal tabled then by Ankara. Therefore.... The re-election of Recep Tayyip Erdogan as Turkish President last May was welcomed in Athens. In fact... In this context, Greece and Turkey may also need to reflect on whether their new bilateral approach

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  5. Deposits rise for third straight month in May, reaching 162.1 bln

    EconomyMacroeconomy

    Greek private sector deposits rose 0.4 percent month on month (MoM) in May, with balances reaching... for the third straight month with inflows slightly increasing to 548 million euros in May from revised 411 million in April. May’s flow is fully attributed to time inflows of 749 million, while sight

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  6. Loan and deposit rates edge down in May but remain above euro area average

    EconomyMacroeconomy

    deposits fell further by 18 bps 2.53 percent in May, according to the Bank of Greece (BoG). The year... rate of 1.42 percent in May. In addition, it is still higher than the respective rates in Spain... of the average rate on new loans by 36 bps in April, there was a reversal in May with the average loan rate

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  7. This is where Greek gov't could find cash to cover May's obligations
    Photo by MacroPolis

    EconomyProgramme

    this obligation. May obligations Debt obligations in May are higher than those in April and include: a) Rollover of 1.4 billion 6-month T-Bills on May 6 with foreign investors holding a considerable but minority stake of maturing securities. b) Rollover of 1.4 billion 3-month T-Bills on May 13

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  8. Unpaid taxes rise by 1.03 bln in May, taking total to 77.88 bln
    Photo by MacroPolis

    EconomyMacroeconomy

    The increase in Greece’s new unpaid taxes accelerated to 1.03 billion euros in May from 737 million...). This follows a month on month (MoM) decline in the preceding three months, while May figure is the first reading above the 1-billion mark since February. Following May's performance, the aggregate figure

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  9. Eurosystem funding for Greek banks up by 3.56 bln in May to reach 116.4 bln
    Photos by Dennis Skley via Flickr https://flic.kr/p/qcppmH

    EconomyMacroeconomy

    Greek banks’ Eurosystem funding increased for the eighth straight month in May but at a slower pace...) monthly financial statement published on Tuesday. The outstanding figure for May reached 116.4 billion..., ECB funding marginally rose by 0.35 billion to 38.83 billion in May. This amount is almost

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  10. Deposit outflows eased to 3.86 bln in May, balance below 130 bln

    EconomyMacroeconomy

    Greek private sector deposit outflows eased to 3.86 billion in May from 4.66 billion in Apr... in May largely stemmed from time deposits (2.74 billion), while sight and savings recorded more modest... billion month on month in May to 151.01 billion. This is the also the lowest reading since May 2004

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