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Russia sanctions, regional diplomacy dominate Tsipras visit to Ukraine
PoliticsForeign Policyof fruit: Greece accounts for 40 percent of Russia’s total strawberry imports and 25 percent... as the ongoing sanctions and the embargo of the European Union against Russia has damaged the country’s trade and economic relations with Moscow. Greece’s economy has suffered from the embargo on food
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Quiet summer in Greek-Turkish relations not seen lasting
PoliticsForeign Policy, in the upcoming EU Summit. Libya Libya is another issue that is of major concern to Greek diplomats. Libya’s Prime.... Even though the meeting focused more on Turkey’s economic “return” to Libya for the country’s... from the international community. The political situation in Libya will remain fluid and it is quite
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Newsletter 339 - 27/05/2022
. The handout will be means-tested and only available to households with a total net annual income... significantly overperform.
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Budget execution shows surplus of 811 mln at start of 2014
EconomyMacroeconomypercent to 216 million, leading to a slower decrease in total expenditure by 15.9 percent to 3.52... 1 billion euros compared to the initial estimate of 812 million incorporated in the 2014 budget... the ESA-95 methodology. Thus, the equivalent MoF projection of 812 million under EAP stands at 3.9
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Gov't adopts patchwork of measures to overcome liquidity problems
EconomyProgrammerequested from Greek lenders that they retain their total T-Bill holdings at February 18 levels... paid so far in March a total of 1.24 billion euros to the International Monetary Fund in three tranches: 310 million on March 6, 348 million on March 13 and 581 million on March 16. The last tranche
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Govt counts cost of own energy package as hopes of coordinated EU response fade
PoliticsGreek Politics. The total cost is estimated at 5 billion euros, 2.5 billion for each phase. Funding for 2022 will combine... an immediate embargo on Russian oil, asking for such a measure to be delayed until autumn or winter..., are in favour of a staged oil embargo. Political pressure The government is sticking to the narrative
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General gov't primary cash surplus markedly better in July but arrears climb
EconomyMacroeconomyto the total fiscal outcome. Local governments showed a small cash surplus of 49 million from 273... deterioration posting a deficit of 395 million in the 7-month period compared to a surplus of 812 million... million (117 million in July) to 2.46 billion euros making up around 43 percent of total. State budget
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Overdue contributions rise at accelerating pace of 615 mln in Q4, stock climbs to 17.54 bln
EconomyMacroeconomy) to 615 million euros in the fourth quarter (Q4) of 2016, from 310 million in the previous quarter.... The released figures show that out of the total overdue stock of 17.54 billion euros, 12.62 billion (72 percent of total) involve main SSC debt and the remaining 4.92 billion surcharges and penalties
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Outsider Kasselakis on track to lead SYRIZA after securing key backers
PoliticsGreek PoliticsAchtsioglou who only managed 36.18 percent in the final count. A total 148,821 party members cast.... Libya debacle The government, meanwhile, is facing criticism over its handling of the deaths of five members of a Greek humanitarian rescue mission in Libya under unclear circumstances. The victims
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The key points from Greece's proposal to lenders
EconomyProgrammeThe government expects revenues of 1.67 billion in 2015 and 1.51 billion in 2016 bringing the total amount... completed for 2015-50. The document also unveiled that the total amount of SSF moveable assets stood... and the total household assets do not exceed 270,000 of which deposits not higher than 15,000 euros. Energy 1
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