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Athens harbours big hopes for Egypt energy deal, keeps eye on Turkey's role
PoliticsForeign Policyproject called “GREGY Interconnector” is currently being assessed by the European Commission and Greek.... This second project represents an additional Greek-Egyptian grid interconnection project, budgeted at 1.3 billion euros. The Greek project foresees the distribution of green energy from Egypt through
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PM lines up Israel visit, discusses conflict with Erdogan
PoliticsForeign Policy, but reportedly this visit will take place within the next few days. The Greek Premier is seeking to undertake... to press reports, the two men did not discuss anything related to Greek-Turkish relations, not even... to discuss the so-called “positive agenda.” The Greek PM reportedly underlined the need for a humanitarian
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Athens treads carefully over Ukrainian stand-off
PoliticsForeign Policyjust before the Greek FM visited Ukraine. After a call between the two diplomats, Kuleba tweeted... and instead only visited cities with strong Greek communities, Mariupol and Sartana. However, Dendias visited... not to withdraw the Greek embassy’s personnel from Kiev (following the EU’s line on the matter
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IMF trims 1 point off 2022 growth, makes major revision to inflation forecast
EconomyMacroeconomyto the IMF, the Greek economy grew by 7.7 pct in the last quarter of 2021 and is expected to grow by 3.5... of time and this has been the main point of contention with the eurozone on the sustainability of Greek... and by 2027 at 44.8 pct. Overall, the IMF is now aligned with the estimates of the Greek and European
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Newsletter 110 - 10/03/2017
in 2015. The Greek Tourism Confederation (SETE) expects foreign arrivals to increase by 1.2 million... on the Greek side, from Prime Minister Alexis Tsipras, and the European lenders to ensure.... It appears, for instance, that the Greek side has accepted the pre-legislation of 2 percent of GDP (3.6
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Athens poised to unveil new minimum wage as post-MoU review continues
EconomyProgramme. The extension to the existing framework expires at the end of February. The Greek government will reportedly... the Greek authorities to show caution in the labour market ensuring that flexibility is maintained... a well-functioning banking system and as such urges the Greek authorities for swift action to help
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Where Greek banks stand ahead of capital needs disclosure
EconomyGreek systemic banks (Alpha, Eurobank, National and Piraeus) and informed them about the outcome... by the BoG and close to 11 billion by the HFSF. The possibility of the Greek government using... and the ECB. Although it has not stated so publicly, the Greek government is thought to have given up
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Greek politics in thrall to new faces and old ideas
Agoranuances that may have existed in Greek politics have disappeared into the gaping sinkhole created... tied to the established parties. It seeks to fill the gap in the centre ground of Greek politics... of their off-putting haughtiness. They talk down to people, presenting themselves as an elite that has
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Greek coalition stands by early bailout exit plans despite fresh blows on bond, stock markets
PoliticsGreek Politics. With the Greek stock market falling by more than 2 percent and the yield on 10-year bond rising above 9...." This indicates that the market reaction has not yet deterred the Greek government from pursuing its goal... yields slightly. The 10-year Greek government bond stood at 8.9 percent on Thursday afternoon, a full
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Lack of time, lenders' demands back Greek gov't into corner
PoliticsGreek PoliticsBrussels Group talks are due to resume on Thursday, with a beefed up Greek team consisting of 18... that Athens is now willing to back down from some of its “red lines.” In the wake of reports that the Greek... on islands this summer, reduce supplementary pensions, sell off public assets or adopt labour market
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