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Athens balancing diplomacy and defence amid Middle East turmoil
PoliticsForeign Policy. Greece is also maintaining active engagement in Libya, with scheduled visits by the Foreign Minister... in Libya, promote stability and address pressing issues such as migration, while reiterating Greece’s
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Short-term rentals raise rents by average of 8.3 pct, study indicates
EconomyFeaturesimpacted daily life in urban zones, including creating friction with long-term residents of an area... to the area and a limit on the days which such properties can be leased. Noting that the existence of short... to 104.6 million, and 2016 when the loss was estimated at 160.6 million. Supposing that the revenue
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Surprise 0.1 pct QoQ rise in Q4 GDP on investment rebound, 2015 recession at 0.3 pct
EconomyMacroeconomy) of 2015 as it edged up by 0.1 percent quarter on quarter (QoQ) compared to a flash estimate of 0.6... estimate and involve December data for the balance of payments and quarterly data for the labour force... but in line with Bank of Greece (BoG) estimate. However, it is lower than the initial forecasts upon
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EC ups growth to 2.2 pct in 2019, sees growth in 2020 at 2.4 pct
EconomyMacroeconomyrevised upward, from 2.3 percent in November to 2.4 percent now. The estimate for 2021 remains unchanged... the market share in export markets. Although the uptick in the growth estimate for this year was implied... that it will converge with Bank of Greece’s, this year’s estimate by Brussels remains below the Greek
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MPs approve redevelopment of ex-Athens airport, which study sees having key economic impact
Economyof the development of the area. The study shows that for Greece to achieve steady growth a key prerequisite... percentage points at the end of a 25-year period. IOBE also notes that the employment in the area... generation from the project operation and additional foreign tourism revenues, which are estimated
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Piraeus Port Authority lays out major development plans
EconomyFeaturesacross around 40,000 square meters. They include building four hotels in the area, a new cruise terminal... overlooked surrounding area. PPA stressed the benefits that these investments would carry for the tourism... an estimated 500 million euros in investments. The plan, titled “Master Plan of the Port of Piraeus
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GDP falls by 0.7 pct QoQ in Q4 and increases by 1.9 pct in 2019
EconomyMacroeconomyexpenditure rose by 0.1 percent. ELSTAT also released a first estimate of the overall GDP figure for 2019... just short of the Ministry of Finance’s (MoF) final budget estimate of a 2 percent rise for 2019. This is subject to revision in the second GDP estimate which ELSTAT will release later in the year
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Newsletter 297 - 21/05/2021
strategy There were signs this week that Greece is far from done yet with Covid-19 which, among... that they are not done with the virus yet. He said that despite the decline on Covid numbers and the easing... despite an uptick in the last couple of weeks. Mitsotakis admitted that Greece has not yet built
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Building on flurry of policy pledges, Mitsotakis vows to back research and innovation
PoliticsGreek Politicsin 2014 to 0.55 percent in 2024, yet remains below the EU mean of 0.71 percent. On output, Greece fares..., and a forthcoming national growth fund focused on strategic, long-horizon bets. Yet regulatory..., 40 percent of citizens feel personally affected by at least one TIF announcement, yet 58 percent
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Newsletter 497 - 06/03/2026
, have sparked a regional crisis. The Strait of Hormuz is technically open yet functionally closed... investment‑grade status. Yet the underlying reality is far from benign. Headline inflation, which.... Energy security Yet amid the turbulence, Greece’s strategic importance to Europe’s energy security
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