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  1. Athens waits for EU recovery fund outcome as new Mati fire claims emerge

    PoliticsGreek Politics

    Council president Charles Michel has proposed reducing the total of grants included in the 750-billion... are seen vital to boosting the Greek economy over the coming years, especially given the government has... to the economy from 59 different interventions so far has reached 24 billion euros. Cash reserves stand

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  2. Athens hoping for de-escalation in Aegean as it seeks pension backpay solution

    PoliticsGreek Politics

    that Berlin has played a crucial role in ensuring the stand-off does not escalate into something more... in the hours after Ankara made its maritime advisory public. This has established Berlin as a serious interlocutor and one, especially given that Germany also holds the EU presidency, that has

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  3. PM makes minor changes to cabinet, with focus on handling of EU funds

    PoliticsGreek Politics

    . Experienced economics professor Panos Tsakloglou has been appointed as deputy labour minister. His... for such positions at important ministries. Tsakloglou has extensive knowledge of Greece’s labour market. Again... is that at this stage Mitsotakis does not want to, or does not feel he has to, make any major

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  4. Athens treads tightrope as Turkish research vessel sails in Aegean

    PoliticsForeign Policy

    with the broad mobility by Turkish naval units that has been observed, constitutes a new serious escalation... sovereign rights." So far, Greece has countered the Turkish maritime advisory, or NAVTEX... the deal with Cairo, Athens has undermined a potentially effective facilitator of negotiations

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  5. Clock ticking on Greek and EU reaction to Turkish activity in East Med
    Photo via EC - Audiovisual Service

    PoliticsForeign Policy

    and France. The latter has been open in its support for Greece and condemnation of Turkey’s actions, while Paris has also stepped up its military presence in the East Med. Berlin seems reluctant... ministers are due to review next week the list of sanctions that the European Commission has to prepare

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  6. Greece draws strong interest, attractive yield by re-opening 10-year bond
    Photo by MacroPolis

    Economy

    billion initially issued in June. The latest yield is the lowest that Greece has achieved at any bond.... The US has 8 pct of the offers, just ahead of Greece at 7 pct. Fund managers got the lion’s share... Agency has now managed to draw from the markets this year a total of 10 billion euros, This goes

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  7. BoG sees 7.5 pct recession, EU funds boosting GDP by 1.9 pct annually
    Photo via http://www.delphiforum.gr/

    Economy

    banks deal with the bad loans challenge. BoG has revised its forecast for Greek GDP, from 5.8 pct... by the EU and Greece will lead to a primary deficit of 6 pct of GDP, as spending has increased, and tax..., which has not yet been incorporated in its forecasts. Banks Regarding the banking system, the BoG

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  8. Turkey friction looms as Greece and Albania opt for ICJ route, Lavrov visits Athens
    Photo via https://flic.kr/p/2jXq2Ku

    PoliticsForeign Policy

    that Albania has special relations with Turkey. It is also a message to Ankara that addressing the ICJ... that Albania’s constitutional court is not currently operating at all has made the option of the ICJ... in Albania is uncertain due to April’s general elections and this issue has already sparked reaction among

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  9. Bridge scheme activated as banks look to avoid second-wave NPL increase
    Photo by MacroPolis

    EconomyBanking

    eligible individuals, has been activated as part of a number of mechanisms to relieve pressure... to extend payment moratoria has been put forward to the SSM, though reports in the Greek media have... since the start of the pandemic. Up to the end of October, doValue Greece has settled 43,000 loans

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  10. Structural considerations for a prosperous Greece

    Agora

    Covid is a shock to the Greek economy. The economic impact of the coronavirus pandemic has... has higher fertility rates than other euro zone countries). Further afield, Africa is the world’s.... Further, Greece has good average working hours per person employed, but it is behind in labor market

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