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Newsletter 334 - 08/04/2022
gas storage. DESFA, the owner of Greece’s only LNG terminal at Revithoussa, is planning to increase...) that presented a new baseline and adverse scenario that saw GDP growth dropping to 2.75 pct, from 3.6 pct
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SYRIZA loses Umbrella during stormy weekend
PoliticsGreek Politicsthe party saw this is a crude power play by Kasselakis and his speech to committee members... for the SYRIZA chief as the division visible now could be deemed terminal for the party’s prospects if voters
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SYRIZA and ANEL: Far from picture-perfect
Agorafor political ends) and did not engage in a more respectful style of political debate, carrying.... Most of those who expected SYRIZA and Tsipras to provide a breath of fresh air saw their hopes wilt... they saw Tsipras and Kammenos sit around a table on the morning after the elections. If they studied
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Dendias visit to Turkey builds on show of solidarity following earthquake
PoliticsForeign Policyof humanitarian aid from Greece, carried in five planes. Cavusoglu noted that “we saw and watched that after... that rejoiced, we saw that all Greeks rejoiced.” Dendias fully endorsed Cavusoglu’s statement about Athens... during the last 3 years or so. For both countries to engage in a new phase of their relations
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Polls provide PM with some comfort, spell out size of task for opposition
PoliticsGreek Politicsof Freedom, the populist party led by Zoe Konstantopoulou, saw its support shoot up during February... in third place. The social democrats saw their backing dip from 12.8 pct to 12.4 pct. Although the gap... half of 2015, and therefore a dangerous alternative than to engage with PASOK and its more
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Budget deficit of 6.38 bln in Aug confirmed; target beaten due to one offs
EconomyMacroeconomyThe budget primary balance was confirmed at a deficit of 6.38 billion euros in the first eight months of 2021, compared with a deficit of 5.48 billion in the same period last year, the final Finance Ministry (MoF) budget execution data showed on Monday....
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VAT and income taxes buoy revenue performance as primary surplus target is beaten in Sep
EconomyMacroeconomyThe budget primary balance in September was confirmed at a surplus of almost 6 billion euros, compared to a surplus of 52 million euros in the same month of 2022, according to the final Finance Ministry (MoF) budget execution data released on Wednesday....
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Tsipras hopes for 'spring' with Russia but brighter days not certain
PoliticsForeign Policyis the lifting of the Russian embargo on Greek agricultural products. Tsipras said in his interview... hope to achieve. Sources suggest that one of the main goals of Lafazanis’s trip was to prepare
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Erdogan's Hagia Sophia move adds to complexity, uncertainty of Greek-Turkish relations
PoliticsForeign Policyviolation of the arms embargo in Libya, according to a high-ranking EU official. There is a growing... Union to prepare a list of very powerful measures against Turkey, in case it infringes on Greek
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Piraeus Port Authority lays out major development plans
EconomyFeaturesacross around 40,000 square meters. They include building four hotels in the area, a new cruise terminal and shopping centre. A cargo terminal, coastal shipping and repair dock including a floating dock... based on a study carried out for PPA by McKinsley. Tourism terminal COSCO, the port authority’s
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