Search
-
FM gauges mood in Middle East, seeks to bolster ties with Egypt
PoliticsForeign Policymemorandum with Libya, which was signed in 2019 and sparked the deepening of the crisis in its... statement on the sidelines of his participation in the Libya Energy and Economy Summit, he pointed out... Unity in Libya last year a memorandum of understanding regarding oil and gas, and noted that he
9% -
Newsletter 472 - 25/07/2025
scrutiny following a series of diplomatic setbacks. Relations with Libya have soured, culminating in two... stance on Libya, reflecting broader unease about the state of Greek diplomacy. Current government.... On Libya, Mitsotakis reiterated his rejection of the Turkey-Libya maritime deal, describing it as legally
9% -
Athens seeks talks with Erdogan as Turkey steps up diplomatic activity in region
PoliticsForeign Policythe government of Eastern Libya to ratify the Turkey-Libya Memorandum of Understanding... the Eastern Libya authorities to ratify the memorandum Ankara agreed in 2019 with the government in Tripoli... (MIT) Ibrahim Kalin, the same reports claim. However, the political situation in Libya is currently
9% -
Q2 GDP contraction at 0.3 pct, strong Q3 needed to achieve target of annual growth
EconomyMacroeconomy(Q2) of 2014 from -1.1 percent in Q1, according to the provisional data published by the Hellenic... prices fell 2.2 percent in H1, while the respective figure in real terms rose by 1.1 percent... of Greece (BoG) H1 data, non-residents’ direct investment in Greece showed a net inflow of 936 million
9% -
OECD slashes 2015 growth forecast to just 0.1 pct, raises unemployment and debt figures
EconomyMacroeconomyestimates for GDP components, private consumption is seen rising by 0.9 percent in 2015 and by 1.1...) and edging up to 4 percent in 2016. Overall, net exports are expected to ease 0.5 percent in 2015 and rebound by 1.1 percent in 2016. The OECD stresses that the implementation of structural reforms
9% -
Draft budget sees stronger growth, fiscal targets being met
EconomyMacroeconomyfrom the Medium Term Fiscal Strategy (MTFS), led by 1.1 percent growth in private consumption and a 1...) is estimated to increase by 1.1 percent, following a 1.2 percent rise in 2017. Fiscal estimates.... Budget net revenues for 2017 have been downward adjusted to 49.8 billion, largely reflecting lower
9% -
Commission keeps outlook on Greece stable, sees growth picking up this year
Economyon quarter (QoQ) in the third quarter of 2017, which takes the growth of the first nine months of 2017 to 1.1.... While private consumption remained flat during the first three quarters of last year, net exports have... driver for growth. Strong foreign demand is expected to keep net exports strong this year as well
9% -
In updated forecasts, IMF sees Greece meeting fiscal targets and debt falling
EconomyMacroeconomyof Greece achieving overall balances to three years, after a total surplus of 0.7 percent in 2016 and 1.1... last October, when it expected a total deficit of -1.7 percent of GDP for 2017, a deficit of -1.1.... As a result, static net worth varies from –111 percent of GDP in Greece to 348 percent of GDP in Norway
9% -
NBG reports profits of 833 mln in 2021
EconomyBankingmillion, from 1.1 billion in 2020, was up by 4 pct at 1.5 billion euros. Asset quality NPEs continued... pct by the end of 2022. P&L Net interest income (ΝΙΙ) rose 3 percent YoY to 1.21 billion, unchanged QoQ at 308 million euros. Net fee income increased by 10 pct to 287 million euros. The bank’s
9% -
OECD report paints grim picture for Greece's labour market
EconomyMacroeconomy. The report unveiled that real hourly wages in Greece fell for the fourth straight year by 5.5 percent in 2013... -1.1 to -2.5 percent, while the respective drop in Ireland stood at slightly higher levels, between
9%