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  1. Turkey strengthens East Med claims as Greece, Cyprus seek EU support
    Photo via www.nato.int

    PoliticsForeign Policy

    in the Eastern Mediterranean using its "Fatih" vessel has put Ankara under some pressure. According... in Ankara. The maps depicted the Turkish claims in the wider region. Turkey has tried to convince... for the Turkish State Oil Company, TPAO. Ankara claims the area is within the Turkish CS, which has

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  2. OECD lowers growth forecast, warns Athens to maintain fiscal credibility
    Photo by MacroPolis

    EconomyMacroeconomy

    The OECD published on Tuesday its latest global economic outlook in which it has slightly revised..., it is paramount to safeguard fiscal credibility by meeting the medium-term fiscal targets that the country has agreed with its official creditors. Although Greece has a sizeable cash buffer and has regained access

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  3. ND unveils migration bill seeking to tighten up asylum process, speed up returns
    Photo by Giannis Papanikos/Fosphotos

    PoliticsGreek Politics

    the new asylum system. The bill, which has been put to public consultation, was drafted after... say that one of the reasons that Greece has experienced overcrowding is because the process has been... a special health card and allowed to work after the initial six-month period has expired, until

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  4. Athens waits for credit rating upgrade as 10-year yield drops to new low
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    There has been a continuous flow of positive messages from the sovereign debt market for Greek.... It has moved since to 1.28 percent as the desire for yield in a negative rates environment in the fixed income market has made GGBs an attractive prospect. Earlier in the month, Greek debt managers

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  5. Athens hopes IMF prepayment go-ahead aids case for lower fiscal targets
    Photo by MacroPolis

    EconomyProgramme

    of the loan it has received from the IMF, which carries an interest rate of 4.9 percent. The move.... ESM managing director Klaus Regling has already publicly backed the move, even when the SYRIZA... for lower primary surplus targets in the coming years. Although Prime Minister Kyriakos Mitsotakis has

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  6. ND looks to asylum bill, strong rhetoric to ease pressure from migration flows

    PoliticsGreek Politics

    . The migration issue has quickly become the biggest political threat to New Democracy, which had been... on the economic front. However, the increased flow of refugees and migrants to the Greek islands has put... assembly later this week, has been criticised by human rights groups. Groups including Amnesty

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  7. BoG sets out positives and next steps for economy, forecasts 2.4 pct growth in 2020
    Photo by MacroPolis

    Economy

    and business expectations pointing to solid growth momentum. Confidence in the banking sector has strengthened... in deposits and improved funding conditions for Greek banks. This improved liquidity has led to higher lending to businesses. During the first nine months of the year, the profitability of banks has

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  8. Economic sentiment at 109.4 in March
    Photo by MacroPolis

    EconomyMacroeconomy

    , the EEI has improved by 7.1 points. Additionally, compared to March 2019, the ESI has increased... has shown an improvement of 15.1 points. During March, deteriorations were noted in most underlying...-on-year, industry confidence has risen by 5.3 points. The services index decreased by 7 points month

    3%

  9. ND braces for deeper economic impact from Covid-19, mulls more assistance
    Photo via www.government.gov.gr

    PoliticsGreek Politics

    to have their tax pre-payment returned. This is one of the measures the government has adopted... of the coronavirus on the Greek economy has moved down the political agenda for now. Nevertheless... the pandemic has taken on the local economy becomes clearer. Finance Minister Christos Staikouras said

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  10. Approval of street protest law a potential source of political tumult
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    numbers 22 MPs, on Friday. All eyes are on whether this has caused an irreparable rift within...) in the opinion polls, its status in Greek politics carries some significance because it has held... the last few days to show a slight narrowing of the large lead New Democracy has over SYRIZA. Support

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