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PM inspects flood damage hoping to rescue stricken government
PoliticsGreek Politicsare needed, to help the area recover from this week’s flooding and to carry out the necessary work... that anti-flooding work promised following the impact of Cyclone Ianos in the area in 2020 has... been without running water for days after the storm battered the area earlier this week. She said
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Government concludes Tempe inquiry, turns attention to Thessaly reconstruction
PoliticsGreek Politicsto overhaul central Greece’s agriculture and infrastructure with the aim of making the area more... the area in the wake of the extensive flood damage to farming and infrastructure in central Greece... that the unveiling of the master plan will further appease farmers in the area, who recently
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Greek, Turkish foreign ministers discuss sticking points ahead of Mitsotakis-Erdogan talks
PoliticsForeign Policyin the maritime area of Kassos both at his bilateral meeting with Fidan as well as during lunch with his 27...-flagged research vessel Ievoli Relume has been sailing in the area to conduct research for the future.... The same was the case with Greece’s plans for a marine park in the area, which caused a wave of reactions
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Newsletter 443 - 29/11/2024
the saving rate is close to 14 pct and close to 15 pct in the euro area. The same data shows... income, against a nearly 10 pct in the euro area. The severe issue of affordability in Greece is also... the eight months of 2024, permits were up by 19.5 pct YoY to 20,508. The corresponding surface area
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BoG sees Greek growth resilience, highlights global risks
EconomyMacroeconomyarea average of 1.4%. Economic growth was primarily led by private consumption and investment activity...%, from 3.0% in 2024, yet remains notably higher than the euro area average of 2.1%. Banking sector...), reaching its lowest level since Greece joined the euro area and converging with the Banking Union
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BoG reports sees resilience in Greek economy, urges focus on further reforms
EconomyMacroeconomysuccess remains dependent on full implementation. In the euro area, these challenges led to a 0.2... significantly outperformed the euro area average and was driven by strong investment, exports... government bonds have remained resilient, with yields comparing favourably to other euro area nations
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Athens condemns Turkey’s marine parks as illegal; tensions rise at awkward moment for PM
PoliticsGreek Politicsmaritime area around the Greek island of Kastellorizo and effectively severing its connection to Rhodes..., extending from waters off Canakkale into the area between Lemnos and Samothrace. Turkish media have... size of the area makes genuine environmental protection implausible, reinforcing the view
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What would a clean bailout exit for Greece mean in numbers?
AgoraWith approximately 145 billion euros in loans, the ESM is by far the largest creditor of Greece, holding 43.... The outstanding amount at the moment must be just over 27 billion euros. The holdings of the ECB... profile until 2020. Excluding Eurosystem holdings, Greece would be looking at a very modest level of debt
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How does ECB's decision on Greek banks' T-Bill exposure affect state liquidity?
Economyproblems. Greek banks are currently holding between 1.8 and 2.6 billion euros in T-Bills each...Following its earlier recommendation to Greek banks not to increase their T-Bill holdings from... of Greek bank holdings and additional purchases by the cash reserves of state controlled companies. Local
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Current account deficit widens to 933 mln in December, 2016 balance turns to deficit of 1.1 bln
EconomyMacroeconomy) to a Greek supplier on behalf of TAP AG (Greece) and the contribution by D-Marine Investment Holding to the share capital of Home Holdings for the acquisition of Ionian Hotel Enterprises. For the whole... in resident’s external assets in December, mainly stemming from a rise in residents’ holdings of foreign
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