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Budget primary surplus at 3.02 bln in July, above target by 926 mln on strong underspend
EconomyMacroeconomyreflecting a strong underspend with primary expenditure coming in at 1.04 billion euros below the target... percent, the highest level for the year so far, after falling by 7 percent in June and landed at 3.85
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Budget primary surplus at 2.33 bln in April on strong PIB underspend
EconomyMacroeconomy, a strong improvement against the figure for the same time last year of 651 million and beating... million euros. The monthly primary balance landed on a deficit of 32 million euros, improving on a deficit
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Trade deficit drops by 4.6 pct in April as export activity remains strong
EconomyMacroeconomyin the trade deficit, which landed at 7.08 billion. The driving factor was a strong increase of 13.2 percent
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Greece reignites energy alliance talks with Israel and Cyprus amid US interest
PoliticsForeign Policyimplementation as a strategic project. Greece, Cyprus and Israel are also strong supporters of IMEC..., which at least for now has not been feasible due to Athens' strong ties with the Biden administration... of President Trump, diplomatic sources acknowledge. Libya One country that is at the centre of interest
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Amid lack of communication, overflights add to Greek-Turkish tension
PoliticsForeign Policyon the sidelines of NATO Summit, in London in early December. Libya concerns Athens is also closely monitoring Turkey’s efforts to enhance and stabilise its presence in Libya, supporting the UN-recognised government in Tripoli. According to press reports, Turkey maintains five frigates closely to Libya
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Newsletter 267 -02/10/2020
, the base at Souda is being upgraded. This is related to Washington’s clear desire to still have a strong..., especially in Libya,” Pompeo explained. PM Mitsotakis was, no doubt, encouraged by Pompeo’s statements... billion. Overall, the PIB balance landed on a deficit of 1.38 billion euros for the first eight months
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Data for May shows Greek PMI in growth territory for second straight month
EconomyMacroeconomyin raw materials such as glass and plastic. Nevertheless, strong competitive pressures led producers
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Car sales record strong rise in Dec, grow by 5.9 pct YoY in 2025
EconomyMacroeconomycars had a rise of 13 percent. Lorry sales were up by 63.2percent in December, and buses dropped... were up by 4.8 percent, lorries increased by 14 percent and buses rose by 7.6 percent.
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Current account deficit widens to 404 mln in March
EconomyMacroeconomyby 8.1 percent with receipts up 13.3 percent, entirely reflecting a strong growth (+34.3 percent) in non... a sharp drop in the primary income surplus (by 859 million) followed by a narrowing of the services
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Erdogan's Hagia Sophia move adds to complexity, uncertainty of Greek-Turkish relations
PoliticsForeign Policycompromised, the issue is stirring up some strong sentiments among Greeks because the building is seen..., bilateral cooperation between EU-Turkey on the refugee/migrant issue and developments related to Libya... violation of the arms embargo in Libya, according to a high-ranking EU official. There is a growing
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