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Athens ups diplomatic effort as Turkey plans hydrocarbon research in Greek continental shelf
PoliticsForeign Policyon the memorandum signed with the UN-recognised government in Libya’s Tripoli (GNA). Athens has also asked from... that Ankara has demarcated from its shores to the point where its sea borders meet Libya, based... “already delivered a strong message addressed to Turkey.” Borrell also noted that Turkey’s violations
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Summit to usher in a new stage of EU-China relations
AgoraThe upcoming EU-China summit in Brussels on 9 April will have a lavish menu, for sure. China is the EU’s second biggest trade partner after the US, while the EU is China’s biggest. The EU and China... agreements with his Chinese counterpart. Yet, he also made a strong point by inviting the German chancellor
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Govt turns attention to more relief measures in absence of snap polls
PoliticsGreek Politicscuts are also reported to be on the menu of policies being considered. The government is also hoping that a strong tourism season this summer will create additional fiscal space that the Finance
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Newsletter 346 - 15/07/2022
-crisis level of 751 euros, plus other tax cuts are also reported to be on the menu of policies being considered. The government is also hoping that a strong tourism season this summer will create
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PM aims to maintain pace of economic reforms as public worries about migration
PoliticsGreek Politicsrepresenting PPC workers, has strong objections to the change in hiring rules at the power company...-controlled gas supply firm DEPA to be split into retail and infrastructure branches, which will then be privatised. The sale of stakes in DEPA’s subsidiaries is one of the flagship privatisations
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Greek Jan-Apr primary budget surplus rises above 1 bln despite revenue shortfall
Economyto beat targets by 310 million, yet at a slower pace compared to the previous months. The year... largely reflects the exceptionally strong PIB revenues of 1.56 billion posted in February.
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Newsletter 22 - 03/04/2015
, ahead of their recapitalisation. The remaining amount of 310 million concerns the 90 percent of HFSF... with a strong degree of certainty. The same goes for something like cuts to auxiliary pensions, which
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Overdue contributions rise at accelerating pace of 615 mln in Q4, stock climbs to 17.54 bln
EconomyMacroeconomyThe increase in unpaid social security contributions (SSCs) accelerated quarter on quarter (QoQ) to 615 million euros in the fourth quarter (Q4) of 2016, from 310 million in the previous quarter... million, largely due to a strong performance in the last quarter of the year. Overall, KEAO has collected
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Greeks tending to shop less often and opt for local products
Societyconducted in 2016, consumers are showing a strong preference for products made locally. One of the main..., down from almost 310 euros per month in the previous survey conducted based on 2015 data. Around 60
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H1 bank results show performance stabilising, laying ground for further improvement
EconomyBankingGreece’s systemic banks reached the end of the first half of 2019 with relatively strong performance and the further derisking of their balance sheets as efforts continued to offload bad loans... in H1, an increase of 54 percent YoY. This was followed by NBG, where PPI rose by 26 percent to 310
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