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Russia sanctions, regional diplomacy dominate Tsipras visit to Ukraine
PoliticsForeign Policyof fruit: Greece accounts for 40 percent of Russia’s total strawberry imports and 25 percent... as 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
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Piraeus Bank records net losses of 6 mln in Q1, further reduction in NPE stock
EconomyBankingbps to more than 310 bps in 2020. It also sees the cost to income ratio falling below 45 percent..., Piraeus Bank Group was operationally (rather than legally) separated into two pillars, ‘Piraeus Bank
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Quiet summer in Greek-Turkish relations not seen lasting
PoliticsForeign Policy, in the upcoming EU Summit. Libya Libya is another issue that is of major concern to Greek diplomats. Libya’s Prime.... Even though the meeting focused more on Turkey’s economic “return” to Libya for the country’s... from the international community. The political situation in Libya will remain fluid and it is quite
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Budget execution shows surplus of 811 mln at start of 2014
EconomyMacroeconomypercent to 216 million, leading to a slower decrease in total expenditure by 15.9 percent to 3.52... 1 billion euros compared to the initial estimate of 812 million incorporated in the 2014 budget... the ESA-95 methodology. Thus, the equivalent MoF projection of 812 million under EAP stands at 3.9
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Gov't adopts patchwork of measures to overcome liquidity problems
EconomyProgrammerequested from Greek lenders that they retain their total T-Bill holdings at February 18 levels... paid so far in March a total of 1.24 billion euros to the International Monetary Fund in three tranches: 310 million on March 6, 348 million on March 13 and 581 million on March 16. The last tranche
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Athens pleased about new EU-Egypt deal, seeks closer ties with Cairo
PoliticsForeign Policywith flows to the Italian and Greek (from Libya to Crete) coasts. Europe is offering a "strategic... urgently needs Egypt to control migration flows from its borders with Libya and, secondly, to improve its... not control the border with Libya, from where Sudanese refugees and Egyptian migrants cross
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Govt counts cost of own energy package as hopes of coordinated EU response fade
PoliticsGreek Politics. The total cost is estimated at 5 billion euros, 2.5 billion for each phase. Funding for 2022 will combine... an immediate embargo on Russian oil, asking for such a measure to be delayed until autumn or winter..., are in favour of a staged oil embargo. Political pressure The government is sticking to the narrative
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General gov't primary cash surplus markedly better in July but arrears climb
EconomyMacroeconomyto the total fiscal outcome. Local governments showed a small cash surplus of 49 million from 273... deterioration posting a deficit of 395 million in the 7-month period compared to a surplus of 812 million... million (117 million in July) to 2.46 billion euros making up around 43 percent of total. State budget
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Overdue contributions rise at accelerating pace of 615 mln in Q4, stock climbs to 17.54 bln
EconomyMacroeconomy) to 615 million euros in the fourth quarter (Q4) of 2016, from 310 million in the previous quarter.... The released figures show that out of the total overdue stock of 17.54 billion euros, 12.62 billion (72 percent of total) involve main SSC debt and the remaining 4.92 billion surcharges and penalties
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No image availablethe subscription service or renew it, the total value of the service should be reimbursed before the date... for the discontinuation of content display (notice and take down process), in the legally foreseen, should... to state information that is true, accurate, current, and which has been acquired legally. The subscriber
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