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Athens insists maritime spatial planning plans do not obstruct talks with Turkey
PoliticsForeign Policytreaty with Libya in November 2019 was rejected by Greece as unlawful as the two countries... in which the main prize was Libya, and its vast oil resources. Turkey protests that it is being hemmed... of Greece with which it has not signed an EEZ agreement namely, Libya but also Albania. For the latter
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ND doubles down on stricter migration policy, riling opponents
PoliticsGreek Politicsof migrants reaching the country from Libya. The measures include a three-month suspension... with Libya are troubled and the EU’s attempt to build ties with General Khalifa Haftar, the military leader of eastern Libya, ended in failure this week. It is expected in Athens that another effort
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Corruption claims, foreign policy missteps impede government’s efforts to build momentum
PoliticsGreek Politicsrelations with Libya and the submission of two note verbale by the Tripoli-based government... deems not be in line with international law. In the notes, Libya claims that Greece’s maritime agreement... spokesman Stelios Petsas. The centre-right MP called for Athens to “toughen its stance” regarding Libya
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Greece, Cyprus and Israel bolster trilateral ties as Turkey looms in background
PoliticsForeign Policyinvolving Cyprus. Libya also signalled readiness for dialogue. Aguila Saleh, speaker of Libya’s House... disputes stemming from the Turkey-Libya maritime memorandum signed in 2019, which Athens deems illegal
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Greek banks' Eurosystem funding down for second month in a row in Feb
EconomyMacroeconomypercent of total Eurosystem funding. In contrast, the ELA funding in February landed at its lowest.... The troika’s guideline calls for a reduction of Greek banks’ Eurosystem funding to total assets ratio below
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Greek banks' Eurosystem funding falls for third straight month, at lowest since Feb 2010
EconomyMacroeconomyfunding in March, reduced its contribution to total Eurosystem funding to just 5 percent from 11-14... available bank data (end 2013) indicate that the ratio of Eurosystem funding to total assets ranged... of Greece's (BoG) monthly financial statement. The headline figure landed at 60.69 billion, its lowest
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Piraeus Bank reports loss of 247 mln for Q1
EconomyBankingmillion. This corresponds to 71 percent of the total targeted fully-phased synergies of 550 million... percent of the total loan book. Following the capital increase of 1.75 billion in April... the elimination of deferred tax asset (DTA), the fully-loaded Basel III CET1 landed at 11 percent. The latter
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Credit contracts by 3.5 pct in June, balances at 214.81 bln
EconomyMacroeconomyand 10 billion from consumer credit. The settlement of total unpaid private debt, which stands at 160... for the total outstanding unpaid private debt of 160 billion (88 percent of GDP) by the middle... credit landed at 27.74 billion down 2.7 percent with marginal net deductions of just 3 million in June
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Revenue uptick unable to stop 7-mth primary surplus outperformance falling to 724 mln
EconomyMacroeconomyinto account total grants to the social security sector (SSS) the situation is more worrying since... above target. Overall, total expenditure decreased by 6.3 percent in the 7-month period to 26.52..., and landed at 840 million, 535 million better than target. Revenues The final budget figures showed
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Greek stocks on slide for third straight week
Economybond swap offers that resulted in a capital strengthening of 2.9 billion euros in total for the four...-preemptive international institutional offerings to raise at least 6.3 billion euros to cover their total.... The Athens Stock Exchange general index landed at 652.61 points on Friday, its lowest level since
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