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  1. Wages index improves by 0.2 pct in Q4, up by 2 pct YoY
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    reading since Q4 2012. Research by the Centre of Athens Labour Unions (EKA) recently revealed

    14%
  2. Q3 GDP rebounds 0.8 pct QoQ and 1.8 pct YoY, above flash estimates
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    not available at the time of the flash estimate. The provisional estimates also showed GDP increased by 1.8... of 0.1 percent. For the 2016 estimate of a 0.3 percent recession to be met, Q4 GDP would have... by 0.4 percent in Q2, the Hellenic Statistical Authority (ELSTAT) provisional estimates displayed

    14%
  3. Budget primary surplus at 3.16 bln in December, missing target for full year by 443 mln
    Photo by MacroPolis

    EconomyMacroeconomy

    billion euros and was below target by 611 million. Net revenues came to 50.96 billion euros, under... expenditure came to 44.20 billion, below target by 611 million euros. Interest payments declined YoY

    14%
  4. GDP grows by 1.3 pct QoQ in Q2, in line with growth estimates of 2+ pct for year
    Photo by MacroPolis

    EconomyMacroeconomy

    pct that appeared in the 2023 final budget at the end of 2022. The most recent inflation estimate... in 2023, from 1.2 seen in the previous estimate in February. In its latest World Economic Outlook... percent QoQ. Outlook According to the latest Finance Ministry estimates included in the Stability

    14%
  5. Athens buoyed by EU, US support over maritime spat with Turkey
    Photo via www.mfa.gr

    PoliticsForeign Policy

    on the Turkey–Libya maritime border deal. A common statement adopted by the EU leaders during... on Thursday decided to appoint a special envoy to Libya. This will be Ambassador Christodoulos Lazaris. His mission will be to maintain contact with all sides in Libya in order to closely monitor developments

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  6. After signing EastMed pipeline pact, Athens aims to tackle Turkey challenge

    PoliticsForeign Policy

    memoranda with the Tripoli-based government in Libya. Officials in Athens stress, however... following Turkey's intervention in Libya, the message to Ankara in the joint statement they issued... in Libya presents a dangerous threat to wider regional stability.” The statement also noted

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  7. Quiet summer in Greek-Turkish relations not seen lasting
    Photo via https://flic.kr/p/2marG7P

    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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  8. A busy year of diplomacy for Athens, but Greek-Turkish ties stagnate
    Photo via https://flic.kr/p/2mN5NQb

    PoliticsForeign Policy

    countries. But it also accomplished a rapprochement with Libya. Greece’s decision to extend its... was its rapprochement with Libya. That was accomplished with numerous visits by Greek officials, including... for the first time a high-level meeting on Libya on November 12, in Paris. Greece had been excluded twice from

    14%
  9. For Greek banks, it's business as unusual
    Photo by MacroPolis

    Agora

    to turn into NPLs. This does not augur well in terms of client repayment capacity in the coming

    13%
  10. Athens buoyed by content, mood of Mitsotakis trip to Washington
    Image: https://primeminister.gr/

    PoliticsForeign Policy

    Europe. Additionally, Mitsotakis has announced the appointment of Nikos Tsafos, a member of the Center

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