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Grand projects and even loftier ambitions drive Greece's energy project bonanza
EconomyFeatures. The project is a joint venture between Bulgarian Energy Holding and IGI Poseidon, which is jointly owned... operator GasLog. Bulgarian Energy Holding is conducting due diligence with a view to acquiring a 25... that this estimate may be revised downwards. Even some of the more ambitious projects that have been
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Current account deficit rises by 124.3 mln in May
EconomyMacroeconomyGreece’s current account (C/A) deficit increased by 124.3 million euros to 581.6 million in May... percent to finish at 2.49 billion. Overall the goods deficit stood at 1.52 billion in May. BoG also..., respectively, during May. The BoG noted that no remarkable transactions were recorded under direct
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Newsletter 40 - 28/08/2015
Syriza's lead over New Democracy has narrowed and that its coalition partner ANEL may not make... for a victory of any party in Greece on 20 September may be a more reliable way of political forecasting... as to other larger or smaller memorandum parties in Greece. But within this puzzle may also lie
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Greek primary budget surplus at 707 mln as revenues beat target in May
Economyreleased by the Ministry of Finance (MoF) on Tuesday. The state budget deficit to May narrowed... a deficit of 339 million in May from 495 million posted in April. In contrast, May budget deficit rose... trend in May increasing by 6.9 percent (from -1.4 percent in April), which led the 5-month figure up
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Many obstacles to clear in Greece's digital leap
EconomyFeaturesbut also compared to its immediate neighbours in the Balkans. Connectivity One of the factors holding... remains below 50 pct, which may be partly due to limited demand and partly due to the high cost... for operators to extend their coverage into the Middle East, which may in turn incentivise more
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A closer look at Greece's Q3 2023 national accounts
Agorato 2022-Q3, real GDP increased by 2.1 percent. This means that real GDP may grow by 2 percent or slightly..., or incipient weakness, there may emerge thoughts that “monetary policy is too tight,” or the government should... attention may then shift to other levers in the toolbox, rather than always thinking of credit and fiscal
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PMI drops to 48.4 in May, new orders down at sharpest pace in 8 months
EconomyMacroeconomyGreece’s Manufacturing PMI fell by 1.3 points to 48.4 in May after rising in the preceding two months, the Markit survey showed on Wednesday. The headline figure for May remains below the 50-point... for Greek manufacturers. Markit noted that the worsening in May largely reflects a solid drop in new
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Newsletter 411 - 09/02/2024
in some cases may not be possible at all. The stance taken by the farmers comes at an awkward moment... that HFSF was holding in the bank in the end of October. Another state holding that was made... as an anti-populist social progressive. Although the vote is non-binding, and has no immediate
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Internal party rivalries prove a hassle for Mitsotakis and Tsipras
PoliticsGreek Politicshas reportedly managed to get his way over the holding of a vote of party members before SYRIZA’s congress, which is due to be held in May. It has been decided that this ballot will be held on Sunday... summer’s elections. Tsipras has instead backed the holding of a conference in April to address
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Banking on voters’ desire for stability, ND insists ruling majority is still achievable
PoliticsGreek Politicsparty is publicly holding firm to its stated ambition of securing an outright parliamentary majority... to be sealed by a simple majority by the next Parliament. With New Democracy holding 156 seats, the path to the supermajority may run directly through this eclectic collection of non‑aligned MPs. Unlike
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