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Govt brings energy saving to forefront as cost of support set to skyrocket
PoliticsGreek PoliticsEurope has sharpened the minds of policy makers in Athens, who are belatedly looking to energy-saving... of subsidies. The change of tack has as much to do with the domestic political calendar as with geopolitics... has asked the three largest industrial energy users – Viohalco, Titan and Mytilineos – to present
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Mitsotakis hits back at Erdogan's rhetoric, but leaves door open for meeting
PoliticsForeign Policyto the (Aegean) islands," he added. He also noted that he believes that there has been a gradual shift... does not leave any option for anyone to remain inactive and Greece has taken advantage... and the Eastern Mediterranean is being violated. “For the past few years, [Turkey] has been building up its
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Newsletter 351 - 16/09/2022
bills has prompted the Energy and Finance ministries to re-work the scheme for electricity, which... decisions for Greece always feed through the analysis of the debt sustainability as Greece has to reach... in 2020 due to the pandemic. Greece also has a solid cash buffer of close to 40 billion euros, most
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Opposition anger at constrained surveillance inquiry not yet reflected in public mood
PoliticsGreek Politicsand respond by correspondence. The opposition parties believe ND has been shaken by the testimony given... New Democracy and PASOK to join forces. There has been speculation, fuelled by comments from some... with someone, there has to be some minimum consensus on issues to do with principles, values and policies
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Mitsotakis counters Erdogan claims at UN, makes case for cooperation
PoliticsForeign Policysource of friction. As for Erdogan, who has repeatedly said he does not want a meeting, Mitsotakis... of the informal meeting of EU leaders within the so-called European political community, to which Turkey has... on who will be appointed as foreign minister. On Turkey, it should be noted that Italy has extensive
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Producer prices up by 39.5 pct in Aug, reversing trend of monthly drops
EconomyMacroeconomyannually by 9.1 percent. It has been growing ever since, gathering pace over nearly a year and half. This has taken the index from 102.63 points in February last year, to 150.93 points. Month-on-month... a trend of three continuous monthly drops this year, suggesting that the inflation wave has
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Athens expects tension with Turkey to drag on as chances of talks fade
PoliticsForeign PolicyThe government in Athens has become certain that the acrimonious situation with Turkey will last... side has rejected in their entirety the Turkish claims. Diplomatic sources in Athens note... in Prague since Turkey has shut down the idea. In an interview with Proto Thema on Sunday, Foreign Minister
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Newsletter 354 - 07/10/2022
, the centre-right administration has been keen to make whatever funds it can available to bring down... on Monday, has a lower than expected primary surplus of 0.7 pct of GDP. This is expected to help... that has affected customer purchasing at home and abroad, with foreign sales also affected
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ND hangs on to lead but decisive election victory hangs in balance
PoliticsGreek Politicsversus SYRIZA’s 25.5 pct. Neither party has moved considerably since September, with ND retreating... 40 pct of the vote and SYRIZA 32.5 pct. On current estimates, PASOK-KINAL has lost a big chunk... Androulakis as leader. The socialists’ decline has continued even after the prominence gained
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Re-opening of benchmark bond fetches 200 mln at steep yield of 4.44 pct
Economyin January. This is the approach that the Public Debt Management Agency (PDMA) has been following..., revised target for the year has been reached and Greece maintained contact with the bond markets.... A figure of 8 billion euros in new issuances for next year has been reported recently.
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