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  1. Athens buoyed by EU, US support over maritime spat with Turkey
    Photo via www.mfa.gr

    PoliticsForeign Policy

    on the Turkey–Libya maritime border deal. A common statement adopted by the EU leaders during... on Thursday decided to appoint a special envoy to Libya. This will be Ambassador Christodoulos Lazaris. His mission will be to maintain contact with all sides in Libya in order to closely monitor developments

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  2. A busy year of diplomacy for Athens, but Greek-Turkish ties stagnate
    Photo via https://flic.kr/p/2mN5NQb

    PoliticsForeign Policy

    countries. But it also accomplished a rapprochement with Libya. Greece’s decision to extend its... was its rapprochement with Libya. That was accomplished with numerous visits by Greek officials, including... for the first time a high-level meeting on Libya on November 12, in Paris. Greece had been excluded twice from

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  3. Eurobank net profits of at 45.1 mln in Q3, NPEs under 40 pct for first time
    Image via www.eurobank.gr

    EconomyBanking

    to profits of 1.1 million in the previous quarter. As the results revealed, higher commission income... PPI increased by 1.1 percent to 627 million euros. Asset quality The non-performing exposure (NPE... quarters. As mentioned, the target for NPE stock across the rest of the year is for the total to stand

    8%
  4. Greece’s downstream oil industry adapts to shifting demands
    Photo via http://www.helpe.gr/

    EconomyFeatures

    for refined petroleum exports with a total of USD 8 billion or 1.3 percent of the global total and 29.9..., followed by Iran (until sanctions in 2012), Libya, Saudi Arabia and Kazakhstan. As of January this year... with the total including indirect employment coming to over 20,000 people. According to the report

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  5. CPI falls by 0.2 pct in Jan, first negative figure since Nov 2016
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    average HICP for 2017 was positive by 1.1 percent. The main driving force behind the year-on-year... in miscellaneous goods and services (-2.2 percent), household equipment (-2.1 percent) and clothing... percent) and hotels, cafes and restaurants (+1.1 percent). Month-on-month, the CPI fell by 1.6

    8%
  6. Newsletter 224 -18/10/2019

    Newsletters

    this year and 2.2 percent in 2020. In the previous WEO, the growth estimate for 2019 was 2.4 percent... surplus over the next three years before a total deficit of 0.5 percent in 2023 and 2024. The IMF... it expects to run a total surplus of 0.1 percent next year. Tax repayment scheme receives strong

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  7. GDP growth slows to 0.3 pct QoQ, investments underwhelm
    Photo by Panayiotos Tzamaros

    EconomyMacroeconomy

    movements in Q3 were led by a rise of 0.1 percent QoQ in final consumption. Investments decreased by 1.1... was revised slightly down to 2.2 pct and is seen at 2.3 pct for 2025. In the latest financial stability report that was published in October, Bank of Greece (BoG) sees 2024 growth at 2.2 percent, and 2.5 pct

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  8. EastMed pipeline close to high-level agreement, but still a long way from becoming reality
    Photo via Flickr https://flic.kr/p/VWenrM

    EconomyFeatures

    as well as Jordan. Cyprus is still backing the building of an LNG terminal at Vassilikos... at the crossroads of a number of major energy infrastructure projects, including pipelines and LNG terminals... important to note that Egypt already has substantial under-utilised LNG export infrastructure, limiting

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  9. Government attempts to offer reassurance against winter energy shortages
    Image: https://www.flickr.com/photos/151653494@N04/

    PoliticsGreek Politics

    as long as LNG continues to be available. Among the reasons behind his optimism, the minister’s statement listed the increase in storage capacity at the country’s only LNG terminal at Revithoussa... stand ready to place additional orders for LNG and pipeline gas via the TAP pipeline

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  10. Newsletter 219 -13/09/2019

    Newsletters

    contributions, which is set to begin next summer, has an estimated cost of 200 million euros. The total... billion, lower than the figure for the same period last year by 17.7 percent. In June the total stood...-on-month in July, bringing the total to 3.64 billion euros compared to 3.36 billion in June

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