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  1. Greece signs EEZ deal with Egypt, aiming to halt Turkey's designs

    PoliticsForeign Policy

    deal signed last November between Ankara and the UN-recognized government in Libya’s Tripoli. Even... within the Turkish continental shelf” and that the agreement also violates Libya’s maritime rights... Libya maritime deal. Kastellorizo and the eastern part of Rhodes were left out, as was widely expected

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  2. Mitsotakis, Erdogan keep distance at UN as summer moratorium draws to close
    Photo by Andrea Bonetti/Fosphotos

    PoliticsForeign Policy

    on the issue of Libya which will take place on the sidelines of the UN Assembly under the initiative of Italy...” by its agreement with Libya. Greece says that its agreement with Egypt annuls the Turkey-Libya... with a new, legal and permanent government in Libya and sign a maritime agreement with its southern

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  3. Outsider Kasselakis on track to lead SYRIZA after securing key backers
    Image: https://www.syriza.gr/

    PoliticsGreek Politics

    . Libya debacle The government, meanwhile, is facing criticism over its handling of the deaths of five members of a Greek humanitarian rescue mission in Libya under unclear circumstances. The victims were members of the Greek armed forces who were part of an official mission to Libya to help

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  4. Greece working on plan for multilateral talks in East Med

    PoliticsForeign Policy

    in the proposal are Greece, Cyprus, Turkey, Egypt and Libya. The conference does not include Israel... to be Ankara’s refusal to participate in any forum that excludes Turkish Cypriots, while Libya... from Libya to represent both factions. Whether conditions on the ground make this feasible remains

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  5. Greek stock market loses 1.8 pct in week of mixed messages, Q1 results

    Economy

    . On Wednesday, Mytilineos posted a strong growth in Q1 net profit by almost 50 percent to 22.8 million... profits of 55 million from losses of 19 million a year ago, also due to a strong refining performance... to keep the ELA limit for Greek banks unchanged. The Athens Stock Exchange's general index landed

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  6. Capital controls take toll on car sales, which fell 23.9 pct in July for first time in two years
    Photo by MacroPolis

    EconomyMacroeconomy

    of 347,354. Market sources had indicated that the strong growth rates until the first half of the year... to the strong rebound evident over the last two years...., the number of road motor cars landed at 8,181 in July, which is the lowest reading since November 2014

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  7. Car sales down 17 percent in February

    EconomyMacroeconomy

    increased by 13.5 percent in 2015 after a strong rise by 30.1 percent in 2014 and a modest rebound by 1.3... with new and cheaper to run diesel models. In addition, the strong rise posted in May and June last year..., the number of car sales landed at 116,168 in 2015 corresponding to a sharp drop by 67 percent over

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  8. Travel receipts fall 4.7 pct in Jan but surplus rises to 32.1 mln
    Photo by MacroPolis

    EconomyMacroeconomy

    strong double-digit growth from the US (+63.2 percent) followed by Germany (+4.6 percent... to SETE, the key preconditions for strong tourism performance and confirmation of its forecasts this year..., Bank of Greece (BoG) figures showed on Wednesday. In absolute terms, travel receipts landed at 161.1

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  9. Five-month budget primary surplus of 2.27 bln, revenues outperform in May

    EconomyMacroeconomy

    outperformance is largely attributed to an ongoing strong underspend, with primary expenditure 2.06... by 501 million. Following the strong revenue performance in May, the aggregate figures... landed at 195 million in May from 339 million in April. As a result, the PIB balance recorded

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  10. Car sales fall 2.5 pct in June after impressive growth in preceding two months
    Photo by MacroPolis

    EconomyMacroeconomy

    of 17,290 recorded in May. As we have previously noted, the strong growth rates in April and May.... The strong growth in sales over the last two years is attributed to the renewal of rental fleets..., Hellenic Statistical Authority (ELSTAT) data showed on Friday. The absolute figure landed at 12,434

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