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Athens buoyed by EU, US support over maritime spat with Turkey
PoliticsForeign Policyon the Turkey–Libya maritime border deal. A common statement adopted by the EU leaders during... on Thursday decided to appoint a special envoy to Libya. This will be Ambassador Christodoulos Lazaris. His mission will be to maintain contact with all sides in Libya in order to closely monitor developments
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A busy year of diplomacy for Athens, but Greek-Turkish ties stagnate
PoliticsForeign Policycountries. But it also accomplished a rapprochement with Libya. Greece’s decision to extend its... was its rapprochement with Libya. That was accomplished with numerous visits by Greek officials, including... for the first time a high-level meeting on Libya on November 12, in Paris. Greece had been excluded twice from
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Greece’s downstream oil industry adapts to shifting demands
EconomyFeaturesfor refined petroleum exports with a total of USD 8 billion or 1.3 percent of the global total and 29.9..., followed by Iran (until sanctions in 2012), Libya, Saudi Arabia and Kazakhstan. As of January this year... with the total including indirect employment coming to over 20,000 people. According to the report
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Eurobank net profits of at 45.1 mln in Q3, NPEs under 40 pct for first time
EconomyBankingto profits of 1.1 million in the previous quarter. As the results revealed, higher commission income... PPI increased by 1.1 percent to 627 million euros. Asset quality The non-performing exposure (NPE... quarters. As mentioned, the target for NPE stock across the rest of the year is for the total to stand
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EastMed pipeline close to high-level agreement, but still a long way from becoming reality
EconomyFeaturesas well as Jordan. Cyprus is still backing the building of an LNG terminal at Vassilikos... at the crossroads of a number of major energy infrastructure projects, including pipelines and LNG terminals... important to note that Egypt already has substantial under-utilised LNG export infrastructure, limiting
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Government attempts to offer reassurance against winter energy shortages
PoliticsGreek Politicsas long as LNG continues to be available. Among the reasons behind his optimism, the minister’s statement listed the increase in storage capacity at the country’s only LNG terminal at Revithoussa... stand ready to place additional orders for LNG and pipeline gas via the TAP pipeline
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Newsletter 210 -07/06/2019
by the government before the EU elections on May 26 would have a fiscal impact of 1.1 to 1.4 percent... in as many months. The total number of permits came to 1,156, rising above the 1,000-permit mark after... euros. As of April the total for overdue debt, including both new and legacy debt, stands at 104.56
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France and Greece upgrade defence pact as regional and political risks loom
PoliticsForeign Policyand delivering practical solutions. Renewed engagement with Libya The visit of Greek Foreign Minister Giorgos Gerapetritis on Monday to Tripoli, Libya, marked a significant step in revitalising bilateral... was another key topic during Monday’s talks. Gerapetritis noted that flows from western Libya to Greece
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Newsletter 184 -23/11/2018
, which is expected to grow by nearly 12 percent. Private consumption is forecasted to rise by 1.1.... These fiscal interventions total 910 million euros, nearly evenly split between lowering taxes and increased... anticipates private consumption growing by 1.1 percent in 2019. Private consumption is seen growing
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Newsletter 218 -06/09/2019
a downward revised rise of 1.1 percent in Q1, provisional estimates from the Hellenic Statistical Authority (ELSTAT) revealed this week. The YoY GDP growth was primarily driven by a 1.1 percent rise... consumption represents the majority of GDP, making up around 89 percent of the total figure in Q2
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