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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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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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After local elections in Turkey, Athens hopes recent tension with Ankara will ease
PoliticsForeign Policyof Agathonisi, in the eastern Aegean. Athens has lodged a strong demarche and according to diplomatic sources, the Turkish Ambassador to Greece, Burak Özügergin, has given reassurances to his interlocutors... and Cyprus in Jerusalem on March 20, which received the strong political support of Washington. Even
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Mitsotakis buoyed by poll ratings, boost to growth narrative
PoliticsGreek Politicsappears to have secured strong backing for some of the key policy decisions it has taken so far... that this may extend to aluminium and steel, but that this is still being examined. Ross also stressed the strong US interest in exporting LNG to Greece and using it as a hub to move the fuel
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Newsletter 241 - 28/02/2020
positive, with strong signals from business and consumer sentiment that support the growth... NPL stock was now of utmost importance. 2 Economic sentiment at 113.2 in Feb Strong improvements... include mostly electronic products, aluminium, mobile phones and toys worth 3.4 billion euros
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