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Primary cash surplus almost halves to 1.1 bln in 2-month
EconomyMacroeconomyGreece’s central government primary cash surplus fell to 1.11 billion euros in the 2-month period of 2017 from 2.09 billion a year ago, Bank of Greece (BoG) figures showed on Friday. This year’s figure includes arrears’ repayments of 78 million. However...
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Deposit inflows increase to 1.1 bln in June
EconomyMacroeconomyThe deposit flow in the Greek banking system remained positive for the second straight month in June with inflows increasing to 1.09 billion from 638 million in May, Bank of Greece (BoG) figures revealed on Thursday. As a result, the outstanding balance...
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Budget execution continues to outperform in June, led by 2.2 bln in excess taxes
EconomyMacroeconomyThe budget primary balance came to a surplus of 2.12 billion euros in June, compared to a deficit of 3.43 billion euros in the same period of 2022, according to the preliminary Finance Ministry (MoF) budget execution data released on Monday. In the firs...
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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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Corruption claims, foreign policy missteps impede government’s efforts to build momentum
PoliticsGreek Politicsrelations with Libya and the submission of two note verbale by the Tripoli-based government... deems not be in line with international law. In the notes, Libya claims that Greece’s maritime agreement... spokesman Stelios Petsas. The centre-right MP called for Athens to “toughen its stance” regarding Libya
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Tsipras visits Israel but his aims are not yet clear
PoliticsForeign Policyto be received by Israel’s Prime Minister Benjamin Netanyahu as well by Israel’s President, Reuven Rivlin
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Newsletter 53 - 27/11/2015
the “brutality” being inflicted on civilians. This week, he stood next to Israeli Prime Minister Benjamin
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On the road to realpolitik with Alexis Tsipras at the wheel
AgoraIn July 2014, Alexis Tsipras took part in a demonstration against the Israeli bombing of the Gaza strip and, wearing a Palestinian keffiyeh, spoke to TV cameras about the “brutality” being inflicted on civilians. Last week, he stood next to Israeli Prime Minister Benjamin Netanyahu in Jerusalem
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