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  1. Greece as an energy hub: Reality or wishful thinking?
    Photo via www.tap-ag.com

    EconomyFeatures

    in the exploration of two sites off the shores of Crete has already been received from a consortium of Exxon Mobil... that Exxonmobil plans to invest 5 billion euros in Greek offshore explorations, and Total another 5... the operator of the Ioannina block. If these deals are pulled off, they would represent a major investment

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  2. Island unrest puts PM in tough spot

    PoliticsGreek Politics

    to the attempt to build closed reception centres for migrants and the arrival of the coronavirus... speculation that it could lead to millions being shaved off tourism and shipping revenues, although... the first one in Athens, triggering shortages of face masks and disinfectants in Greek pharmacies

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  3. Alpha Bank reports H1 profits of 267.4 mln on one-off item
    Photo by MacroPolis

    EconomyBanking

    one-off items. Excluding DTA, the bank posted net loss of 146.6 million in H1, which was 8.4 percent... two figures for Greek banks’ potential capital shortfalls: One under the static model and one under... percent. In addition, Alpha has committed to Greek non-core asset disposal of around 500 million euros

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  4. Multi-bill approved, coalition looks for positive news to fend off opposition attacks
    Photo by MacroPolis

    PoliticsGreek Politics

    The Greek government is edging closer to clinching the next disbursement of bailout funds, which... Group. Athens is hoping that the EWG will confirm that the milestones have been checked off and advise... place is to be taken by Russian-Greek businessman Ivan Savvidis, who is also the chairman of PAOK

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  5. Feb sees back-to-back drops in deposits, landing 6 bln off recent high
    Photo via https://flic.kr/p/2a8kbGu

    EconomyMacroeconomy

    The net private sector deposit movement in the Greek banking system dropped further in February...-of-living crisis. That said, the sector is roughly 6 billion euros off the recent high in December. The Greek economy entered its decade-long debt crisis with 237.53 billion in deposits at the end

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  6. Government moves to shake off Tempe affair after opposition bids at prosecution fall flat
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    votes. A third motion brought by ultranationalist Greek Solution, populist Course for Freedom... his address to kick off what amounts to a protracted campaign for the 2027 elections. The prime... on the Greek media market notes that the handling of the accident probably contributed to the further

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  7. Worsening EU-Russia ties leave Greek coalition in precarious position
    Photo by David Gibson via Flickr https://flic.kr/p/oATenb

    PoliticsForeign Policy

    The European Union’s deteriorating relationship with Russia has placed the Greek government... to place a ban on food imports from the EU left Greek fruit producers facing significant losses... in a war of words over Russia. Prime Minister Antonis Samaras has looked upon Moscow as a potential

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  8. Have inflation "repay" Greek debt and growth reduce indebtedness

    Agora

    ’t be a line item titled “cost of Greek credit losses”. Instead, those 800 million would be buried... during these 50 years). The Greek Godfather would say to the official creditors something like... at an interest rate of zero, this debt would be cost-free to Greece during this period and upon maturity

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  9. Greek elections: Just the (decisive) details to be settled
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Agora

    to 120 instalments. These are the types of interventions that have appealed to Greek voters in the past... the 25-percent mark. But apart from Greek pollsters’ poor track record, there are some caveats that should... be relied upon and nobody can say with any certainty whether 17-year-olds will play a part

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  10. IMF warns of uphill battle for economy as Athens seeks to close 2020 fiscal gap
    Photo via Flickr https://flic.kr/p/7BWNey

    EconomyProgramme

    The International Monetary Fund (IMF) concluded its consultations with the Greek authorities... outline the challenges that the new administration will face. The Fund notes that although the Greek... overhang and achieve more inclusive growth.” The IMF paints a grim picture of the Greek economy, describing

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