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Athens prepares for Blinken visit, hopeful of Libya shifting position
PoliticsForeign Policythat will be formed following elections in Libya. This was set out in a Note Verbale that the Greek Foreign Ministry lodged to the Embassy of Libya in Athens last week, with which it refuted..., according to a report by the Libya Review, which was confirmed by Greek sources, the Tripoli Administrative
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Greece locked in talks with Egypt over monastery, struggles to gain footing in Libya
PoliticsForeign Policywith Libya The Greek Foreign Minister is to travel to North Africa again at the end of the month visiting both Tripoli and Benghazi, according to Kathimerini. Gerapetritis is to meet with both Libya’s...’s active presence in Libya. For the same reasons, they were also opposing the 2019 Turkish-Libyan
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Deteriorating ties with Libya become pressing challenge for Greek diplomacy
PoliticsForeign PolicyThe two note verbale recently submitted to the United Nations by Libya underlined that relations... the 2019 Turkey-Libya maritime agreement, which Greece and the EU have repeatedly declared null and void... to the diplomatic notes from Libya’s Tripoli-based government, the Greek government believes the move
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Building activity rebounds 2.1 pct in Dec, falls 5.5 pct in 2016
EconomyMacroeconomyyear. The aggregate figures for the whole year point to a decrease of 5.5 percent, accelerating from... since then on extended net deductions of more than 14.5 billion euros. Moreover, 42 percent
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Primary cash surplus widens to 2.66 bln in first five months of 2016
EconomyMacroeconomy. However, the monthly data points to a primary cash deficit of 277 million euros in May from a small surplus of 11 million a year ago. The net balance of the central government also recorded a similar... revenues rose by 8.2 percent in May and 5.5 percent in the 5-month period to 17.18 billion
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Eurobank net profits of at 45.1 mln in Q3, NPEs under 40 pct for first time
EconomyBankingEurobank recorded net profits of 45.1 million euros in the third quarter (Q3) of 2018 compared to profits of 1.1 million in the previous quarter. As the results revealed, higher commission income acted as a key driver for the improved performance. Net results before discontinued operations
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Greek pensions laid bare
Agora), a figure which is almost half the 1.1 billion that was spent in 2013. The Manpower Employment Agency... reduced from the 1.4 billion of 2013 still required 1.1 billion last year. The state’s contribution... paid in March with a cost of 277 million euros, which corresponds to an average supplementary pension
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Q1 gg primary cash balance shows 2.5 bln surplus but 2014 arrears grow
EconomyMacroeconomya surplus of 529 million in Q1 from a deficit of 1.1 billion last year. Nevertheless, the year to date... (1.85 billion) and EFSF/ESM/IMF loans (1.3 billion) more than offsetting a net increase in short-term... loans by 2.07 billion and EFSF/ESM/IMF loans’ redemptions of 611 million. The gross debt structure
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Eurobank net profits decline by 22.5 pct in 2017, NPE reduction beats target
EconomyBankingEurobank recorded net profits of 53.3 million euros in the fourth quarter (Q4) of 2017 from 61.2.... The report notes that the figure for net profits has been calculated before discontinued operations and restructuring costs. For the whole year, net profits before discontinued operations
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Credit contraction at 1.1 pct in Dec, loans to enterprises increase by 1.09 bln MoM
EconomyMacroeconomyCredit contraction in the Greek market came to 1.1 percent in December compared to a contraction... under the 180-billion euro mark for nine consecutive months. The net lending flow stayed positive.... Credit to insurance corporations showed a net monthly inflow of 22 million, which took the balance
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