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BoG sees 2.3 pct growth this year, urges reforms to restore per capita GDP to pre-crisis levels
EconomyMacroeconomyarea countries, compared to 70 pct before the debt crisis. Specifically, BoG says unless Greece achieves sustained growth rates well above the euro area average, it would take the country more than 15 years to regain the pre-crisis level, relative to its euro area peers.
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PM strikes public diplomacy coup with Zelensky visit, faces criticism over wildfires
PoliticsGreek Politicsand thick smoke covered the area. Several other major fires continued to burn across parts... focus on New Democracy’s claims to have brought competence to the area of civil protection, which... in damage from exploded shells in the surrounding area.
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PM inspects flood damage hoping to rescue stricken government
PoliticsGreek Politicsare needed, to help the area recover from this week’s flooding and to carry out the necessary work... that anti-flooding work promised following the impact of Cyclone Ianos in the area in 2020 has... been without running water for days after the storm battered the area earlier this week. She said
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Greek, Turkish foreign ministers discuss sticking points ahead of Mitsotakis-Erdogan talks
PoliticsForeign Policyin the maritime area of Kassos both at his bilateral meeting with Fidan as well as during lunch with his 27...-flagged research vessel Ievoli Relume has been sailing in the area to conduct research for the future.... The same was the case with Greece’s plans for a marine park in the area, which caused a wave of reactions
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BoG sees Greek growth resilience, highlights global risks
EconomyMacroeconomyarea average of 1.4%. Economic growth was primarily led by private consumption and investment activity...%, from 3.0% in 2024, yet remains notably higher than the euro area average of 2.1%. Banking sector...), reaching its lowest level since Greece joined the euro area and converging with the Banking Union
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BoG reports sees resilience in Greek economy, urges focus on further reforms
EconomyMacroeconomysuccess remains dependent on full implementation. In the euro area, these challenges led to a 0.2... significantly outperformed the euro area average and was driven by strong investment, exports... government bonds have remained resilient, with yields comparing favourably to other euro area nations
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Tempe and Predatorgate court cases bring government scandals back to fore
PoliticsGreek Politicsand the Predator spyware scandal, have returned to haunt the government as court proceedings cast doubt... in the converted university conference venue which had been set up to house the proceedings... of proceedings was “not good”. In an interview with Skai radio, Floridis said the seating
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The wit and will of men
Agorasome clarity about what interventions will be made in the coming years so the country’s debt is put... of them could be put at risk by further procrastination over the debt issue. Wrong turn If events take... to be put on hold. Athens saw these two developments as vital to its ultimate goal of lowering
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In hindsight it would have been nicer
Agorasimply reflects tactics being adjusted as the firewall and others measures were put in place... require additional financing that no one in the eurozone was willing to put up. In the meantime... in bailing in creditors who subsequently might themselves have to be bailed out." Simply put
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Troika returning to Greece but key decisions still months away
PoliticsGreek PoliticsMinister Antonis Samaras put the figure at around 1.5 billion euros. Olli Rehn acknowledged... comments at Monday’s Eurogroup that any discussion about more loans for Greece has now been put off until... the funding gap for 2015 at 6.5 billion euros. Latest reports put the total figure for the three years
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