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Mitsotakis renews call for Turkey to scrap "casus belli" - opposition unimpressed
PoliticsGreek PoliticsSea Interconnector (GSI), and restating Athens’s red lines with Ankara from the UN podium. Government... exploration as strategic imperatives. He balanced this with an admonition to Ankara: “Turkey must... participation to lifting Ankara’s casus belli as “dangerous amateurism.” "The prime minister's insistence
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Mitsotakis heads to Gaza Peace Summit with focus on wider regional developments
PoliticsForeign Policyis of vital importance since it may bring back international agreements like the Abraham Accords... agreement. Ankara has already secured a notable geopolitical footprint in the region and strong...; if the surveys proceed as planned, Ankara is expected to grant permission. For that reason a joint request
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Athens takes stance on peace in Ukraine, faces stalemate in relations with Turkey
PoliticsForeign Policymost EU member states, will seek a middle ground. Greek‑Turkish Stalemate Ankara has escalated its.... Ankara lodged complaints through diplomatic channels after Greece’s Air Force posted photographs... of the same type crashed. While this incident may explain the cancellation, diplomatic sources
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Greece, Cyprus and Israel bolster trilateral ties as Turkey looms in background
PoliticsForeign Policythat irritates Ankara. The summit came just days before Netanyahu’s scheduled visit to Mar-a-Lago on December... opposed Ankara’s bid to rejoin the US F-35 programme, a move Turkey perceives as coordinated between... deploying Israeli-made weapons on Aegean islands. Sea borders Ankara, perhaps seeking to balance US-Israel
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Government and opposition clash over NATO summit outcomes
PoliticsGreek PoliticsThe Ankara NATO summit has produced sharply divergent readings in Athens, with the government... rapprochement with Ankara is advancing without any corresponding pressure on Turkey over its Aegean conduct... pressure on Ankara over the casus belli or Aegean conduct, and that Greece's own concessions have gone
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Return to bond markets to buoy coalition, may leave SYRIZA floundering
PoliticsGreek Politicsthe coalition's case heading into local and European Parliament elections in May. Since being... campaigning tool for May's polls. However, they will now pivot to the return to bond markets, outlining... ahead of the European elections on May 25, when New Democracy will be hoping to hold off SYRIZA's
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Greek economic sentiment for May at highest point since August 2008
EconomyMacroeconomyGreece’s economic sentiment improved by 3.7 points to 99.1 in May, after falling by 2.1 points... points so far. The May figure is the highest reading since August 2008, when it stood at 101.4 points... for the third straight month, rising by 2.5 points in May to -52.5 following a 4.7-point increase
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Greek trade deficit up by 21.9 pct in May as exports sink further
EconomyMacroeconomyThe rate of increase in Greece’s trade deficit accelerated to 21.9 percent in May from 17.2 percent in April, according to the Hellenic Statistical Authority (ELSTAT). May’s figure indicates.... After dropping 7.5 percent in April, imports resumed an upward trend rising by 2.8 percent in May
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Improving car sales in Greece continue with 27.9 pct rise in May
EconomyMacroeconomystrong growth of 27.9 percent in May after surging by 47.2 percent in April, according to the Hellenic Statistical Authority (ELSTAT). Despite the slowdown, the May rate is the fourth successive reading... figures showed the number of road motor cars stood at 13,000 in May, which is the highest reading
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Greek deposit rate almost stable, loan rate slightly up in May
EconomyMacroeconomymonth by 1 basis point (bp) to 1.81 percent in May from 1.82 percent in April, according... in May. On corporate lending, there were two marked movements: 1) A drop by 30 bps in loans for amounts.... Following the rate changes in May, Greek corporate lending rates remain 250-350 bps higher than
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