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Newsletter 285 - 19/02/2021
investment budget came to 4.24 billion euros. Net revenues came to 3.85 billion euros, below target by 812
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Budget primary surplus at 3.07 bln in Mar on back of 2022 tax collections, underspend
EconomyMacroeconomyby 1.51 billion euros, while transfers were up by 812 million euros. This overperformance is due
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Territorial waters, hydrocarbon research cause friction between Athens and Ankara
PoliticsForeign Policyto try to convince them that Greece is set to snatch 40,000 square kilometres from Libya's continental shelf. Akar also claimed that Turkey and Libya almost have neighbouring sea borders (EEZ or continental shelf). The signs are that Turkey is seeking a more active role in Libya. Akar's statements
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Athens insists maritime spatial planning plans do not obstruct talks with Turkey
PoliticsForeign Policytreaty with Libya in November 2019 was rejected by Greece as unlawful as the two countries... in which the main prize was Libya, and its vast oil resources. Turkey protests that it is being hemmed... of Greece with which it has not signed an EEZ agreement namely, Libya but also Albania. For the latter
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ND doubles down on stricter migration policy, riling opponents
PoliticsGreek Politicsof migrants reaching the country from Libya. The measures include a three-month suspension... with Libya are troubled and the EU’s attempt to build ties with General Khalifa Haftar, the military leader of eastern Libya, ended in failure this week. It is expected in Athens that another effort
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Corruption claims, foreign policy missteps impede government’s efforts to build momentum
PoliticsGreek Politicsrelations with Libya and the submission of two note verbale by the Tripoli-based government... deems not be in line with international law. In the notes, Libya claims that Greece’s maritime agreement... spokesman Stelios Petsas. The centre-right MP called for Athens to “toughen its stance” regarding Libya
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Greece, Cyprus and Israel bolster trilateral ties as Turkey looms in background
PoliticsForeign Policyinvolving Cyprus. Libya also signalled readiness for dialogue. Aguila Saleh, speaker of Libya’s House... disputes stemming from the Turkey-Libya maritime memorandum signed in 2019, which Athens deems illegal
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As talks enter final stretch, Tsipras addresses broad, varied audience
PoliticsGreek Politicsproposals and displaying a total indifference to the recent democratic choice of the Greek people... responsibility of Greece and its partners to reach a deal, while at the same time displaying to sceptics
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Cash primary surplus contracts 2.9 pct to 2.68 bln on weak revenues in Sept
EconomyMacroeconomydisplaying a deficit of 2.5 billion, up 12.9 percent. The central government figures provided by BoG... displaying a deficit of 101 million in September and 605 million in the 9-month period.
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Greece and the euro: The flight of Icarus
Agora($310 billion) from its bailout is going towards repaying existing debt means the amount Greece owes
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