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Mitsotakis touts benefits of energy deals against backdrop of criticism
PoliticsGreek Politicsestablish Greece as a gateway for LNG of predominantly US origin as a replacement for Russian gas... to the Alexandroupolis LNG terminal, the PM said the activation of the Vertical Corridor places Greece... in the 2019 Turkey-Libya maritime pact. Greece disputes the legality of the pact; however, last week Turkey’s
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Public investment under spotlight amid arguments over budget execution
EconomyMacroeconomyholding back 1.1 billion in investment spending, the opposition party argued. Haritsis argued that local... funds 166 million and 859 billion by other legal entities, to make up the actual spend of 4.97
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Q1 GDP contracts 1.1 pct as Greece eyes growth in 2014
EconomyMacroeconomyGreek non-seasonally-adjusted GDP contracted 1.1 percent year on year (YoY) in the first quarter... eased 1.1 percent YoY. GDP contraction at the start of 2014 showed a decelerating trend for the fifth... target of 0.6 percent growth to be achieved, GDP should post positive growth of 1.1 percent YoY
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Decline in Greek CPI slows to 1.1 pct in June after sharper fall in May
EconomyMacroeconomyThe Consumer Price Index (CPI) fell 1.1 percent in June, decelerating from the 2 percent drop... a temporary dive in May, June CPI returned to more normalised levels similar to the 1.1 – 1.5 percent.... The year on year decline of 1.1 percent in the June CPI mainly reflects a drop of 3.9 percent
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Industrial production up by 1.1 pct in Dec and 1 pct overall in 2018
EconomyMacroeconomyGreece’s Industrial Production Index (IPI) grew year-on-year (YoY) by 1.1 percent in December from... with a fall of 13.8 percent. The seasonally adjusted IPI fell by 1.1 percent and came to 97.42 from... of 2.2 percent in the water supply index, 1.4 percent in the electricity production index and 1.1
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Newsletter 495 - 20/02/2026
highlighted Greece’s strategic role in the energy sector, particularly as a gateway for US LNG into Europe... to explore for gas south of Crete was “unlawful”, arguing that it violates the 2019 Turkey–Libya maritime memorandum and Libya’s declared maritime claims. Greece considers those claims null and void
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Newsletter 329 - 25/02/2022
building up reserves at the LNG terminal at Revithoussa and increasing purchases via the newly completed... of bilateral deals with alternative sources of LNG such as Egypt, as intensified competition for LNG... by roughly 3.5 pct in the coming decades. The refinancing rate over the next decade is seen at 1.1
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Newsletter 334 - 08/04/2022
with alternative sources through LNG shipments, and to increase the capacity available for strategic gas storage. DESFA, the owner of Greece’s only LNG terminal at Revithoussa, is planning to increase... more LNG shipments and long-distance power interconnectors. The US diplomat argued
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Drop in Greek CPI decelerated to 1.1 pct in September
EconomyMacroeconomyGreece’s Consumer Price Index (CPI) remained on negative ground in September, easing by 1.1 percent compared to a 1.3-percent drop recorded in August. On a monthly basis, CPI rose by 2.6 percent... and -0.4 percent respectively) turning positive in the next two years at 0.6 percent in 2015 and 1.1
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Eurogroup clears 1.1 bln, waits for arrears clearance data to release remaining 1.7 bln
EconomyProgrammeThe Eurogroup held in Luxembourg on Monday afternoon reached a political decision on the disbursement of 1.1 billion euros to Greece, which is the part of the sub-tranche of 2.8 billion... the way for the disbursement of the 1.1 billion for debt servicing needs. The head of the European
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