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Industrial turnover continues on upward curve with 20.9 pct rise in Feb
EconomyMacroeconomyGreece’s Turnover Index in Industry continued rising at a double-digit pace of 20.9 percent... positive (+0.1 percent) over the trailing 12 months. The ongoing strong upward movement in February... double-digit drops were posted in mining of metal ores (-25.6 percent), other transport equipment
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Industrial production improves by another 8.7 percent in March
EconomyMacroeconomyindustrial groupings rebounded in March, with double-digit growth in energy (+15.2 percent), capital goods... to a strong rise in electricity production by 22.4 percent. Mining and quarrying production also grew at a double-digit pace of 11.6 percent, while smaller increases were posted by manufacturing (+5.5 percent
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Q1 GDP provides a positive surprise with 0.4 pct quarterly growth
EconomyMacroeconomyat a double-digit rate of 11.2 percent YoY. This entails a positive contribution of inventories to the total figure. The MoF expects a strong rebound of 5.9 percent in gross fixed capital formation... that services receipts increased by 19.9 percent in Q1, reflecting a double-digit rise of 17.9 percent
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Tax cuts spearhead Mitsotakis's message in Thessaloniki
PoliticsGreek Politicsmajority for a party that garners strong support (he gave the example of 40 percent) in the national... will be under proportional representation, which means we will have double polls,” he said, indicating.... Unfortunately, we will have to go through the double election process.” Some saw
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Passenger cars lead the way as vehicle sales rise by 17.9 pct in Aug
EconomyMacroeconomy, with the absolute figure standing at 13,883. The remainder was made up of lorries (2,104) and buses (68... car sales up by just 0.6 percent. New buses and used lorries dropped by 63.6 and 20.6 percent... was led by passenger cars at 128,303, up by 8.8 percent, followed by lorries at 18,462 and buses at 766
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Growth in car sales slows to 1.1 pct in April
EconomyMacroeconomy. The remainder was made up of lorries (2,071) down by 8.7 percent and buses (65) down 43.5 percent... passenger car sales down by 5.4 percent. New buses and lorries were down by 39.1 and 13.1 percent... cars are up by 18.3 percent, lorries increased by 4.7 percent and buses down by 2.9 percent.
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Territorial waters, hydrocarbon research cause friction between Athens and Ankara
PoliticsForeign Policyto try to convince them that Greece is set to snatch 40,000 square kilometres from Libya's continental shelf. Akar also claimed that Turkey and Libya almost have neighbouring sea borders (EEZ or continental shelf). The signs are that Turkey is seeking a more active role in Libya. Akar's statements
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Athens poised to take next steps on maritime borders
PoliticsForeign Policydeposits by US ExxonMobil southwest of Crete provoked the reaction of Libya’s GNA government... and the Exclusive Economic Zone when there is a relevant agreement with Libya. The same diplomatic.... The same sources believe that this move could lead Greece and Libya to refer their dispute to the ICJ
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Athens insists maritime spatial planning plans do not obstruct talks with Turkey
PoliticsForeign Policytreaty with Libya in November 2019 was rejected by Greece as unlawful as the two countries... in which the main prize was Libya, and its vast oil resources. Turkey protests that it is being hemmed... of Greece with which it has not signed an EEZ agreement namely, Libya but also Albania. For the latter
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Corruption claims, foreign policy missteps impede government’s efforts to build momentum
PoliticsGreek Politicsrelations with Libya and the submission of two note verbale by the Tripoli-based government... deems not be in line with international law. In the notes, Libya claims that Greece’s maritime agreement... spokesman Stelios Petsas. The centre-right MP called for Athens to “toughen its stance” regarding Libya
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