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Unpaid contributions rise to 33.86 bln as more legacy debtors added
EconomyMacroeconomythe various pension funds that took place during the quarter, the number of debtors now stands just... accumulating arrears before 2010. The stock of unpaid SSCs that was created during the crisis stands at 7.52 billion euros. Settlements During Q2, the number of overdue SSC settlements stood
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In autumn forecasts, EC sticks by GDP estimates but expects lower unemployment
Economyprevious estimate that economic activity will start picking up from the second half of this year... expected performance in the labour market during the first half of the year, the EC lowered its forecasts.... However, EC updated its estimates on the GDP components and is now expecting private consumption to drop
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European Commission leaves 2024 growth estimate of 2.3 pct unchanged
EconomyMacroeconomyThe European Commission left Greece’s growth estimate for 2024 unchanged in the latest winter forecast published on Thursday, expecting the Greek economy to grow by 2.3 pct. The forecast remains slightly more moderate than the 2.9 pct growth the Finance Ministry expects, on which it has based
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Mitsotakis, Erdogan keep distance at UN as summer moratorium draws to close
PoliticsForeign Policyduring the last talks held between the two men last June is coming to an end, if it has not ended...” or hostilities during the summer was respected by both sides since it was necessary following a yearlong tension in their relations. Additionally, the two men held talks during the Afghanistan crisis
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Greek primary budget surplus eases to 1.95 bln on back of lower revenues in Aug
Economyrevenue targets included revenues of 884 million euros from the first two instalments of the new... will be missed accordingly. For the remainder of the year, the payment of ENFIA with estimated revenues of 2.65
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Newsletter 187 -14/12/2018
at a public rally in Thessaloniki at almost the same time. During a parliamentary debate on Tuesday.... November’s figure was driven by a drop of 859 million in Emergency Liquidity Assistance (ELA) funding
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Reactions to reshuffle continue as government seeks fast track prosecution of former minister
PoliticsGreek Politics. On Monday, Deputy Energy Minister Nikos Tsafos came under fire from opposition parties over... to show understanding for some of Turkey’s claims in the Aegean make Tsafos unsuitable to hold such a sensitive post. Tsafos, who had previously served as Mitsotakis’s advisor on energy, was forced
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Greece working on plan for multilateral talks in East Med
PoliticsForeign Policyduring a parliamentary debate on foreign affairs nearly ten days ago. The five parties included in the proposal are Greece, Cyprus, Turkey, Egypt and Libya. The conference does not include Israel... during a MED9 meeting in Slovenia last Monday. The Greek Prime Minister reportedly told Christodoulides
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Greece pinpoints flaws in Turkey's Aegean claims
PoliticsForeign Policya cut-off effect on the coastal projection of Turkey, towards Libya’s shores. Also, being on the “wrong... have a cut-off effect on the coastal projection of Turkey to the Libya’s shores. Athens believes... naval mission to Libya on March 31. The new operation is named after the Greek word for peace “Irini
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Meeting of Greek, Turkish foreign ministers raises hopes for constructive dialogue
PoliticsForeign Policyduring the year and firstly, the meeting of the two leaders, Mitsotakis and Erdogan, on the sidelines... will be discussed during the first political consultations between their two deputy foreign ministers... the delineation of the continental shelf and the Exclusive Economic Zone. During the last couple
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