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Greek gg primary cash surplus at 2.2 bln in 2014, arrears down to 3.75 bln
EconomyMacroeconomyThe Greek general government (gg) primary cash balance showed a surplus of 2.18 billion euros in 2014 from deficit of 884 million in 2013, according to the gg bulletin published by the Ministry of Finance (MoF) on Friday. However, the end-year figure of 2.18 billion euros was 1.5 billion lower than
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Athens expands survey area off Crete, signs MoU with Egypt
PoliticsForeign PolicyExclusive Economic Zone. In 2019, before signing its memorandum with Turkey, Libya reacted against...). This was calculated by moving its median line northwards. After the signing of the Turkey-Libya memorandum in 2019, new data was generated and Libya could argue that the entire area south of Crete
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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... Ministry expected the Greek economy to grow by 2.2 pct in 2025, with a slight acceleration to 2.4 pct
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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... this year’s budget. The Commission also points to last year’s real GDP growth, which landed at 2.2 pct
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Athens goes along with EU over Libya, waits for Turkey's move at UN
PoliticsForeign Policyaiming to prevent any shipment of arms to Libya’s two factions. The operation will involve the deployment of warships to enforce the United Nations arms embargo on Libya. According to the EU foreign... as in Libya. Greece was not invited, again, to the Berlin process aiming for a solution for the Libyan crisis
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Athens content with Scholz's first visit, looks for US backing on Libya
PoliticsForeign Policyto be heard” government sources insisted. However, Athens was again not invited to the so-called Libya process meeting that took place last week. Libya The same issue dominated talks Mitsotakis held last week.... It should be noted that Turkey and Libya are not bordering countries and, most importantly, Egypt
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Wildfires and healthcare failings test government over summer season
PoliticsGreek Politicsbe attributed to human action. Statistics released by the fire service show there has been an increased... on social media that the x-ray technician and her union had been inconsistent in their accounts... to the figures provided by the EU’s Copernicus satellite system, which estimates that 22,916 hectares have
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Newsletter 278 -14/12/2020
vaccine and 3.5 million of the jab developed by Moderna. Kikilias said the vaccines will be stored... half of respondents indicating that they will either not get the jab or will wait a few months before... employed amounted to 3.9 million. The employment rate increased by 2.2 percent compared to the previous
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Greek primary budget surplus at 707 mln as revenues beat target in May
Economy(by 642 million) and higher revenues (by 142 million from shortfall of 620 million to April) more than... the shortfall of 620 million euros by April with 5-month revenues beating target by 142 million... in May and -7.1 percent in 5-month to 2.9 billion, 2.2 percent short of target. Tax refunds surged
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GDP grows by 1.3 pct QoQ in Q2, in line with growth estimates of 2+ pct for year
EconomyMacroeconomypct that appeared in the 2023 final budget at the end of 2022. The most recent inflation estimate... in 2025. In its growth forecasts, the Parliamentary Budget Office expects the economy to grow by 2.2 pct this year and by 2.2 pct in 2024. The European Commission upped its outlook on Greece for this year
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