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OECD ups 2021 growth estimate by nearly 3 points, underlines RRF impact
EconomyMacroeconomyThe OECD released on Monday its latest Economic Outlook, in which it significantly revised its growth estimate for Greece for this year to 3.8 pct, from 0.9 pct in the previous forecast last December. At the time, the OECD had pointed out that the recovery could be stronger if the support package
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European Commission leaves 2024 growth estimate of 2.3 pct unchanged
EconomyMacroeconomyThe European Commission left Greece’s growth estimate for 2024 unchanged in the latest winter forecast published on Thursday, expecting the Greek economy to grow by 2.3 pct. The forecast remains slightly more moderate than the 2.9 pct growth the Finance Ministry expects, on which it has based
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Greece faces dilemma over how to address relations with Turkey
PoliticsForeign Policyand especially in the "sea zone between Turkey and Libya". This is what İbrahim Kalin, special adviser... in Athens. The intention of both sides to engage in a new round of talks on CBMs could calm things down... intervention in Libya that does not mean it is willing to risk damaging relations with Ankara in East
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Athens waits to be convinced of Ankara's willingness to talk
PoliticsForeign Policyto engage in informal talks but not negotiations. For this reason, minutes are generally not taken... to resolve the matter at The Hague and the second issue is subject to talks between Athens and Libya’s... and which led to the signing of a maritime agreement with Libya, which Greece considers illegal. They also
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PM hails Chevron bid as vote of confidence amid mixed reactions to TIF package
PoliticsGreek Politicsthe 2019 Turkey-Libya memorandum which claims some of the maritime zones south of Crete. The prospect...” dogma has focussed on trying to engage Turkey on the diplomatic front while trying to establish... of missteps in relations with Egypt and Libya have led his critics to question the credibility
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Newsletter 495 - 20/02/2026
to explore for gas south of Crete was “unlawful”, arguing that it violates the 2019 Turkey–Libya maritime memorandum and Libya’s declared maritime claims. Greece considers those claims null and void..., suggesting a stronger finish is required in Q4 to reach that estimate. In any case, the market broadly
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Cabinet reshuffle expected to presage coalition's revival effort
PoliticsGreek PoliticsMinistry revised its estimate for when all the unpaid pensions would be settled. The new date given... to hang on that long due to the souring of the public’s mood following the Mati disaster. “Until
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Reactions to reshuffle continue as government seeks fast track prosecution of former minister
PoliticsGreek Politics. On Monday, Deputy Energy Minister Nikos Tsafos came under fire from opposition parties over... to show understanding for some of Turkey’s claims in the Aegean make Tsafos unsuitable to hold such a sensitive post. Tsafos, who had previously served as Mitsotakis’s advisor on energy, was forced
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Greek-Turkish enmity to continue as polls loom, sea borders come into play
PoliticsForeign Policyto engage in aggressive rhetoric, while Athens seems unable to restore communication channels with Ankara. In reality, neither of the two sides is ready or willing to engage in genuine efforts to begin... neighbouring countries, including Albania and Libya. But timing is everything, they note. The same
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Newsletter 355 - 14/10/2022
message to the electorate. SYRIZA is on a similar footing as it is also preparing to engage... rating review was the latest estimate that sees a small recession of 0.2 pct for next year, mostly... pct. During the presentation, the head of the think tank said that should its estimate of investment
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