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Newsletter 367 - 27/01/2023
months to help households pay their shopping bills. Mitsotakis went on to say that he expects.... The government expected total tax revenues in 2022 of 50.05 billion euros, a rise of 7.5 pct against... was not the outcome of the economy growing beyond expectations but due to Greeks having to pay significantly higher
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Newsletter 206 -17/05/2019
the schemes allowing debtors to pay off their arrears to the state and social security funds in up... million euros and represented around 70.6 percent of the total debt. The stock of gg guarantees fell... guarantees came to 350 million as mentioned, leaving the rest of the total for guarantees split between non
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BoG awaits go-ahead from DG Comp over NPL scheme
EconomyBankingvalue of 40 billion, banks have around 24 billion euros in provisions. DTCs total around 7 billion... in DTCs as a cushion. This effectively means that they pay 9 billion euros for debt with a nominal value... for the management of NPLs worth a total of 27 billion euros via a special purpose vehicle. Intrum and Piraeus
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Newsletter 271 -30/10/2020
, while 12 more deaths took the total to 615. Despite the dip in Thursday's figure, the number... authorities search for ways to avoid a total lockdown and the economic fallout this would bring. 270 vehicles... and is forced to pay rent to live in his own home. SYRIZA believes that it gained in political terms from
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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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ND doubles down on stricter migration policy, riling opponents
PoliticsGreek Politicsof migrants reaching the country from Libya. The measures include a three-month suspension... with Libya are troubled and the EU’s attempt to build ties with General Khalifa Haftar, the military leader of eastern Libya, ended in failure this week. It is expected in Athens that another effort
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