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Newsletter 470 - 11/07/2025
—spurred by a diplomatic debacle in Libya. On Tuesday, a high-level EU delegation, including Greece’s newly... on curbing Mediterranean boat crossings. But the meeting with General Khalifa Haftar, eastern Libya’s de
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New Democracy seeks to counter with marine parks and migration policy, rhetoric
PoliticsGreek Politicsof migrants. On Saturday, for instance, he posted on X that: “The illegal immigrants who entered from Libya... to take this emergency action after a massive increase in arrivals from Libya on Crete and nearby
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PM hails Chevron bid as vote of confidence amid mixed reactions to TIF package
PoliticsGreek Politicsthe 2019 Turkey-Libya memorandum which claims some of the maritime zones south of Crete. The prospect... of missteps in relations with Egypt and Libya have led his critics to question the credibility
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Greek-Turkish tensions flare over Turkey’s bid to join SAFE
PoliticsForeign Policy, Mitsotakis last week proposed a new initiative involving Cyprus, Egypt, Turkey, and Libya during..., Libya, and Egypt, according to Kathimerini. Boulos, who met with Mitsotakis last September, is said
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Newsletter 495 - 20/02/2026
to explore for gas south of Crete was “unlawful”, arguing that it violates the 2019 Turkey–Libya maritime memorandum and Libya’s declared maritime claims. Greece considers those claims null and void
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New Year reshuffle brings more MPs into cabinet, keeps key ministers in post
PoliticsGreek Politicsthe deputy agriculture minister. Interior Minister Takis Thedorikakos has also been left out of the new... Petsas has been appointed Alternate Interior Minister, to be replaced by Christos Tarantilis... to the right” and “a party-political balancing act”. The elevation to the Interior Ministry of Makis Voridis
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University bill threatens PASOK consensus as probes launched into alleged infractions by politicians
PoliticsGreek Politicsinvestigation in the Interior Ministry, which is the suspected source of the data leak, while on Tuesday.... The Interior Ministry has denied that it provides voters’ contact information, while the chief...’s EP elections, but also because the suspicions of a data leak emerged within days of the Interior
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Reflections on Greece's balance of payments
Agorafor net exports (X-M>0). How does such a development emerge in reality? Well, either production (Q... with the rest of the world is the “net international investment position” or NII. It is not easy... of continuous external deficits, Greece doubled its net liabilities, in percent of GDP, to the rest
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July credit contraction at 1.5 pct, slowest since Aug 2011
EconomyMacroeconomyand was the last sub-2 percent reading. After a short-lived net addition of 430 million euros in June, lending flow turned negative in July with net deductions at 607.4 million, which is the second highest reading so far this year. July flow stems from household and corporate lending net deductions of 382
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Greek current account deficit widens by 27.4 pct in Feb
EconomyMacroeconomy, the improvement in the goods’ balance mainly reflects a lower net oil import bill, on the back of the oil prices’ drop. Moreover, net payment for ships also decreased YoY. It is noteworthy that excluding...’ surplus by 18.2 percent YoY primarily reflects lower net receipts from construction services
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