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Italian support over Libya buoys Athens as it looks to build broad East Med alliance
PoliticsForeign PolicyJurisdictions Memorandum that Turkey signed last November with the UN-backed government in Libya... signed by Libya and Turkey on the delimitation of the continental shelf is unacceptable, infringes... on the issue of Libya. Government spokesman Stelios Petsas confirmed on Tuesday press reports that Greece
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Athens ups diplomatic effort as Turkey plans hydrocarbon research in Greek continental shelf
PoliticsForeign Policyon the memorandum signed with the UN-recognised government in Libya’s Tripoli (GNA). Athens has also asked from... that Ankara has demarcated from its shores to the point where its sea borders meet Libya, based... Ankara for the sake of either the EU-Turkey deal on migration, or developments related to Libya
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FM rallies opposition to Turkey-Libya deal as Athens prepares for EastMed signing
PoliticsForeign Policyfrom Ankara’s side, especially following the signing of two memoranda with Libya. In this context... announcement said that talks centred on the situation in Libya and prospects of ending the civil
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Greece, Turkey launch new round of talks as Libya sea deal casts shadow
PoliticsForeign PolicyForeign Minister Nikos Dendias is due in Brussels on Monday to attend the General Affairs Council which will focus, among other things, on the ongoing developments in Libya. According to media... in Libya on November 29, 2019. The inclusion of the memorandum’s sea zone maps in the UN's database
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What is the state of play with Greek banks?
Economya majority stake in Pangaea, its real estate investment subsidiary with an estimated market value of its..., the evolution of bad loans going forward is the key threat and unpredictable factor in any estimate... loss projections with forward-looking estimates on the domestic loan losses over a 5-year horizon
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After Q3 results, what next for Greek banks?
Agora. All banks agree with the official sector estimate for a mild GDP rebound (0.6 percent) in 2014. Under... percent in Pangaea REIC to the Netherlands-based Invel. This resulted in a capital enhancement
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Budget execution shows surplus of 811 mln at start of 2014
EconomyMacroeconomy1 billion euros compared to the initial estimate of 812 million incorporated in the 2014 budget... the ESA-95 methodology. Thus, the equivalent MoF projection of 812 million under EAP stands at 3.9
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Rebound of 0.3 pct in Greek GDP puts annual estimate of mild recession in sight
EconomyMacroeconomyin the compliance report of the first programme review its earlier estimate pointing to a modest GDP contraction... performance, GDP should improve by 0.3 percent in Q3 and by 0.1 percent in Q4 for the full-year estimate... Statistical Authority (ELSTAT) flash estimates showed on Friday. According to previous ELSTAT figures, Q1
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Greece agrees with troika, looks to tranche release and redistribution of surplus
PoliticsGreek Politicsapparently settled at 2.9 billion, which is well above the 2014 budget estimate of 812 million and even larger than Samara’s recent estimate that it would be “in excess of 1.5 billion”. The same source also
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With troika OK pending, 2014 budget sees primary surplus at 1.6 pct of GDP
EconomyMacroeconomyprimary surplus for both years was reaffirmed, at 812 million in 2013 and at 2.95 billion in 2014.... Excluding the aforementioned items under EAP rules, gg primary surplus is seen at 812 million (0.4... expected to be collected by March 2014. These revenues mainly relate to Bank of Greece estimated dividend
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