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Turkey's move in Mediterranean puts Mitsotakis under pressure domestically
PoliticsGreek Politicswith Libya last week to delineate maritime borders in the Mediterranean. Athens has labelled the deal “illegal,” arguing that Libya’s prime minister does not have the legal authority to sign such agreements... and creation of EEZs. Greece has also threatened to expel Libya’s ambassador in Athens. Mitsotakis has had
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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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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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New Democracy seeks to counter with marine parks and migration policy, rhetoric
PoliticsGreek Politicsof migrants. On Saturday, for instance, he posted on X that: “The illegal immigrants who entered from Libya... to take this emergency action after a massive increase in arrivals from Libya on Crete and nearby... legislation last week, trying to tread a fine line between the strong opposition to the measures shown
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PMI rises to 54.7 in March as first quarter comes to strong end
EconomyMacroeconomyover the 50-mark threshold for close to two years. The latest reading marks a strong close... of growth for Greek manufacturers since October 2001. Strong output was a leading contributor to the rise... orders slowed compared to February, but remained strong. This growth was linked to greater advertising
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Newsletter 231 -06/12/2019
reaching an agreement with Libya last week to delineate maritime borders in the Mediterranean. Athens has labelled the deal “illegal,” arguing that Libya’s prime minister does not have the legal... remained strong and was among the best seen in a decade. Operating conditions also picked up during
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