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Budget primary surplus at 3.07 bln in Mar on back of 2022 tax collections, underspend
EconomyMacroeconomyby 1.51 billion euros, while transfers were up by 812 million euros. This overperformance is due
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Greek banks on cusp of improved liquidity conditions
Agorameans that a total nominal value of 9.3 billion euros of Greek government securities, currently used... calls for Q1 2016 results, banks guided on their capacity to use TLTRO-II, which stands to a total... in TLTRO-II collateral pool. In the course of Q2, Greek banks sold a total of 3.25 billion EFSF
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Newsletter 170 -13/07/2018
VAT rates for any longer than this year, while the intervention from Germany served as a reminder... unemployment rates. During the month, employment fell by 40,758 persons month-on-month, representing a decline of 1.1 percent. Total employment remained above 3.7 million. The overall labour force
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Newsletter 224 -25/10/2019
, when it will be clearer if the total amount will be more or less than expected. On pensions... on main and supplementary pensions, replacement rates for main pensions and the calculation of auxiliary..., in 2018 Greece ran a total surplus of 1.8 billion euros, or 1 percent of GDP. This is the third
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Govt grabs opportunity offered by escape clause to entice voters with support package
Economy, to finance extensive support spending of 25 billion euros and to leverage low interest rates thanks... needed for this weekend’s announcement, which reached a total of 3.4 billion euros, or 2.35 billion... million euros. The reduced VAT rates for certain services linked with tourism will cost 64 million euros
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Territorial waters, hydrocarbon research cause friction between Athens and Ankara
PoliticsForeign Policyto try to convince them that Greece is set to snatch 40,000 square kilometres from Libya's continental shelf. Akar also claimed that Turkey and Libya almost have neighbouring sea borders (EEZ or continental shelf). The signs are that Turkey is seeking a more active role in Libya. Akar's statements
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Turkey's move in Mediterranean puts Mitsotakis under pressure domestically
PoliticsGreek Politicswith Libya last week to delineate maritime borders in the Mediterranean. Athens has labelled the deal “illegal,” arguing that Libya’s prime minister does not have the legal authority to sign such agreements... and creation of EEZs. Greece has also threatened to expel Libya’s ambassador in Athens. Mitsotakis has had
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Athens poised to take next steps on maritime borders
PoliticsForeign Policydeposits by US ExxonMobil southwest of Crete provoked the reaction of Libya’s GNA government... and the Exclusive Economic Zone when there is a relevant agreement with Libya. The same diplomatic.... The same sources believe that this move could lead Greece and Libya to refer their dispute to the ICJ
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Athens pleased about new EU-Egypt deal, seeks closer ties with Cairo
PoliticsForeign Policywith flows to the Italian and Greek (from Libya to Crete) coasts. Europe is offering a "strategic... urgently needs Egypt to control migration flows from its borders with Libya and, secondly, to improve its... not control the border with Libya, from where Sudanese refugees and Egyptian migrants cross
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Athens insists maritime spatial planning plans do not obstruct talks with Turkey
PoliticsForeign Policytreaty with Libya in November 2019 was rejected by Greece as unlawful as the two countries... in which the main prize was Libya, and its vast oil resources. Turkey protests that it is being hemmed... of Greece with which it has not signed an EEZ agreement namely, Libya but also Albania. For the latter
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