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Commission keeps outlook on Greece stable, sees growth picking up this year
Economytaken over driving growth. The Commission attributes this to structural reforms paying off.... This year and next, private consumption will accelerate as the conditions in the labour market... and although financing conditions will remain tight, this is expected to lead to modest investment growth
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Inaugural 2023 bond attracts strong demand and steep interest
EconomyMacroeconomyexpected to adjust its next moves in line with the credit rating review schedule, which kicks off... the solid demand for the bond, the transaction captured the challenging market conditions in the wake... of it was realised with the first issuance, and allows the PDMA without pressure to monitor market conditions
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Travel balance up by 1.4 pct in August as EU arrivals jump by 17 pct
EconomyMacroeconomy, reaching 287.3 million euros up to August. The Greek Tourism Confederation’s (SETE) annual outlook... arrivals, coming to a total of 6.1 million visitors for the month, although the average expenditure per... from Russia fell sharply by 32.2 percent to 96,700. In total, arrivals from the EU 28 countries rose
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Newsletter 84 - 29/07/2016
to the abolition of the withdrawal limit on money that was lodged in cash with a Greek bank. The measure seeks... system. The government estimates that around 3–4 billion euros may be returned to Greek banks in the coming months, while Moody’s noted on Friday that Greek banks will likely attract more deposits
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Newsletter 105 - 03/02/2017
a decision on whether and in what capacity the Fund should be involved in the Greek programme. One... that President Donald Trump might want to end US involvement in the Greek programme, therefore pushing... concessions on “matters of principle”. basis to work from. Discussions between the Greek government
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Cyprus talks fail to deliver result, leave concerns about future ties
PoliticsForeign Policyto a dead end. According to Greek diplomatic sources, the conditions emerged on Thursday that could have... that the Greek Cypriot side had insisted on the principle of “zero troops, zero guarantees.... A statement is expected however before the end of Friday. Greek Cypriot diplomats said that Turkey offered
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Greece on alert over Turkish maritime plans, senses EU backing
PoliticsForeign Policysurvey south and east of the Greek island of Kastellorizo between July 21 and August 2. However... the Greek PM’s diplomatic advisor, Eleni Sourani and Erdogan’s top aide, Ibrahim Kalin in the presence..., during a meeting of EU Foreign Ministers in Brussels, Greek Foreign Minister Nikos Dendias demanded
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Newsletter 442 - 22/11/2024
observers of Greek politics were quick to point out that Samaras was among several lawmakers who... the general elections due in 2027 or the vote on the next Greek president, which is due early next..., the Greek economy is expected to grow by 2.2 pct this year, essentially unchanged from the 2.3 pct of last
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SYRIZA feeling internal pressure due to handling of refugees
PoliticsGreek Politicsbe limited to the Greek islands, to revert back to the previous asylum process and for authorities..., which contributed to the huge wave of solidarity from the Greek people towards refugees... living conditions this winter compared to a year ago. The coalition came under severe criticism last
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Greece registers 42,425 asylum seekers at rising rate in two years of EU-Turkey deal
SocietyThe Migration Ministry released a report which summarises the activities of the Greek asylum... to endure on Greek islands due to the containment policy which is part of the deal. Since the deal..., leaving thousands of refugees, who were en-route to join family members elsewhere in Europe, trapped
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