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Finance Ministry grapples with escalating cost of pandemic
EconomyFinance minister Christos Staikouras announced on Monday that the cost of support measures... estimates are already looking dated. In Monday’s announcement, the current cost was put at 2.4 billion... monthly cost of lockdown measures to “over 3 billion euros”. Staikouras said 67 pct of all retail
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Parties get salty over cheese prices as cost of living debate heats up
PoliticsGreek PoliticsThe clash between the government and the opposition over the cost of living has reached new... issues related to the cost of living during this campaign for the European Parliament elections. Recent..., 78 pct of voters said that the cost of living is the issue that will affect most their choice
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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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Quiet summer in Greek-Turkish relations not seen lasting
PoliticsForeign Policythat any escalation of provocations will lead to great cost for itself, both diplomatic and economic... and the EU, Greece believes that Ankara has realised that this declaration had in fact little cost..., in the upcoming EU Summit. Libya Libya is another issue that is of major concern to Greek diplomats. Libya’s Prime
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Greek train firm TRAINOSE attracts just one bid, no interest in rolling stock
Economyin 2005 as a subsidiary of the Greek railway company (OSE), which was founded in 1970 and is wholly owned... million euros. Ferrovie group, one of the leading industries in Italy, posted revenues of 8.6 billion
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Athens hoping EU diplomatic drive will defuse latest Aegean crisis
PoliticsForeign Policyby the agreement Ankara made with Libya last year, and which Athens has described as null and void..., Peter Stano, the spokesman for the EU’s foreign policy chief Josep Borrell, said Greece’s request
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Greece reignites energy alliance talks with Israel and Cyprus amid US interest
PoliticsForeign Policyis currently stalled due to disagreements between Greece and Cyprus over responsibility and cost-sharing... of President Trump, diplomatic sources acknowledge. Libya One country that is at the centre of interest for both Athens and Washington is Libya. The US is already including the North African country in a 4+1
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PMI rebounds strongly to 53.2 points in Dec but cost concerns persist
EconomyMacroeconomyto the sharpest cost inflation since July. Manufacturers raised selling prices accordingly, marking..., with the growth in new sales led by key industries like construction and heightened international
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Agreement on third bailout with revised fiscal and macro targets, host of prior actions
EconomyProgramme) Full evaluation of the social welfare system, targeting annual cost savings of 0.5 percent of GDP. 6...) Restructuring of Athens Public Transport Organisation (OASA). The schedule is for the agreement
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