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No signs of credit revival in Sept., balances at 221 bln
EconomyMacroeconomyCredit contraction in the Greek market remained unchanged from the previous month at 3.9 percent year on year (yoy) in September with balances reaching 221.0 billion euros, according to the Bank of Greece. Loan balances eased 0.4 percent month on month ...
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Newsletter 221 -27/09/2019
Fiscal gap issue not settled Fourth review talks over but institutions not yet satisfied that numbers add up Discussions between the government and Greece’s lenders regarding the fourth review of the enhanced surveillance era concluded on Wednesday with...
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Feb budget primary surplus confirmed at 840 mln, as revenues overperform
EconomyMacroeconomyThe budget primary balance for the first two months of 2022 was confirmed to be a surplus of 840 million euros, compared to a deficit of 1.5 billion euros during the same period last year, according to the final Finance Ministry (MoF) budget execution d...
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Primary budget deficit at 1.69 bln euros in Q1 as tax revenues continue to overperform
EconomyMacroeconomyThe budget primary balance for the first three months of 2022 came to a deficit of 1.69 billion euros, compared to a deficit of 3.41 billion euros in the same period last year, according to the preliminary Finance Ministry (MoF) budget execution data re...
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March budget primary balance short of target, but taxes continue to overperform
EconomyMacroeconomyThe budget primary balance for the first three months of 2022 was confirmed at 1.65 billion euros, compared to a deficit of 13.4 billion euros during the same period last year, according to the final Finance Ministry (MoF) budget execution data released...
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Athens pleased with Washington talks despite lack of definitive US position on Turkey
PoliticsForeign Policyactions in the East Med and Libya. The Greek government has many times since Tuesday tried to play down... replied: “when you're talking about Libya, we're discussing with President Erdogan, we're discussing... talked about that subject specifically — Libya and what's going on. We'll be talking to Russia
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Turkey maintains maritime pressure as Athens and Ankara court Haftar
PoliticsForeign Policyas Chevron’s decision to submit a proposal for two blocks south of Crete despite the Turkey-Libya... spatial planning (MSF) last April, but since then is trying to leverage its footprint in Libya... the Turkish-Libyan memorandum. Belgacem Haftar, the son of Khalifa Haftar and director of Libya’s
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Athens presses Benghazi in bid to block ratification of Turkish–Libyan maritime pact
PoliticsForeign PolicyGerapetritis and Aguila Saleh, president of Libya’s Benghazi-based House of Representatives. The meeting formed part of Athens’ regular contacts with representatives of Libya’s de facto government... of Exclusive Economic Zones among Greece, Turkey, Libya, Egypt and Cyprus. During the meeting, Gerapetritis
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Russia sanctions, regional diplomacy dominate Tsipras visit to Ukraine
PoliticsForeign Policyas the ongoing sanctions and the embargo of the European Union against Russia has damaged the country’s trade and economic relations with Moscow. Greece’s economy has suffered from the embargo on food... diplomatic sources. Despite the EU embargo against Russia, however, Athens’ relations with Moscow
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Athens buoyed by EU, US support over maritime spat with Turkey
PoliticsForeign Policyon the Turkey–Libya maritime border deal. A common statement adopted by the EU leaders during... on Thursday decided to appoint a special envoy to Libya. This will be Ambassador Christodoulos Lazaris. His mission will be to maintain contact with all sides in Libya in order to closely monitor developments
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