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Athens takes plunge on gas exploration, sees hope in Israel-Lebanon deal
PoliticsForeign Policyand the island of Crete. "We want to make an opening with Libya as a whole, so that we can finally... located in the area between Greece and Libya," Mitsotakis said in an interview with ANT-1 TV, last Monday. It appears that Athens has decided to begin surveys in response to the recent Turkish-Libya
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Q1 GDP contracts 0.5 pct QoQ and 1.4 pct YoY, slightly worse than flash estimates
EconomyMacroeconomyin investments (-6.8 percent) and exports (-3.3 percent). The provisional estimates also displayed GDP decreased.... Investments Gross fixed capital formation sharply fell by 6.8 percent QoQ in Q4, after a short-lived... and services fell at an accelerating pace by 3.3 percent QoQ and 11.7 percent YoY. The breakdown
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November current account deficit at 954 mln, goods balance improves
EconomyMacroeconomyin receipts was driven by a 3.3 percent rise in international arrivals, according to the BoG.... The deficit in the non-oil balance of goods also worsened by 6.8 percent to 13.49 billion euros... to 42.26 billion. The BoG noted that imports rose by 6.8 percent and exports rose by 4 percent
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Newsletter 267 -02/10/2020
, especially in Libya,” Pompeo explained. PM Mitsotakis was, no doubt, encouraged by Pompeo’s statements... services (3.3 percent). Although increasing compared to 2018, ELSTAT showed that the average monthly... revised drop of 3.3 percent in June, Hellenic Statistical Authority (ELSTAT) data showed this week
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Professional liars in pandemic times
Agorawill not get vaccinated because he has previously recovered from corona. He also implied... Instagram commenting that the vaccine against corona has been around for some time... that the corona virus is "the funniest flu", and that women could go on "shopping tours to Milan
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Current account shows deficit of 1.10 bln in March as Covid-19 hits trade & travel
EconomyMacroeconomy, which compensated for deteriorations elsewhere. The goods balance deficit fell by 6.8 percent due to the improvement of the non-oil balance of goods, while the oil balance worsened by 6.8 percent in turn. Total exports rose to 7.65 billion, a slight decrease of 0.6 percent. Imports decreased by 3.3
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PM joins forces with some eurozone partners to lobby for "corona-bond"
PoliticsGreek PoliticsPrime Minister Kyriakos Mitsotakis and eight other European leaders wrote a letter to European Council president Charles Michel on Wednesday, ahead of Thursday’s teleconference, arguing for a coordinated eurozone-level response to mitigate the impact of...
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Video talk: How to make the most out of EU "Corona funds"
AgoraA video talk featuring Juan Pablo Riesgo, a partner of Ernst & Young and former Secretary of State for Employment in Spain, and Nick Malkoutzis, editor of MacroPolis, discussing how Spain and Greece should best use the Recovery Fund package proposed by ...
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Athens expands survey area off Crete, signs MoU with Egypt
PoliticsForeign PolicyExclusive Economic Zone. In 2019, before signing its memorandum with Turkey, Libya reacted against...). This was calculated by moving its median line northwards. After the signing of the Turkey-Libya memorandum in 2019, new data was generated and Libya could argue that the entire area south of Crete
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OECD sees more growth, falling unemployment in Greece
EconomyMacroeconomy1.9 percent before) and further to 3.3 percent in 2016. The OECD’s new estimates for 2014... formation is seen easing by 3.5 percent in 2014, turning to growth of 6.8 and 7.7 percent in the next two years. Export growth is seen outpacing that of imports by 3.3 to 4 percentage points (pp
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