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  1. Government tables 2016 budget, upgrades GDP forecasts but leaves fiscal estimates unchanged
    Photo by MacroPolis

    EconomyMacroeconomy

    estimates released in early November, which saw a GDP contraction of 1.4 percent. For next year, the EC and OECD expect a recession of 1.3-1.4 percent above the budget’s estimate. The upgraded MoF forecasts..., nominal GDP is now expected at 175.66 billion in 2015 (up by 1.92 billion from previous estimate

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  2. Turkey maintains maritime pressure as Athens and Ankara court Haftar
    Photo by MacroPolis

    PoliticsForeign Policy

    as Chevron’s decision to submit a proposal for two blocks south of Crete despite the Turkey-Libya... spatial planning (MSF) last April, but since then is trying to leverage its footprint in Libya... the Turkish-Libyan memorandum. Belgacem Haftar, the son of Khalifa Haftar and director of Libya’s

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  3. Athens presses Benghazi in bid to block ratification of Turkish–Libyan maritime pact

    PoliticsForeign Policy

    Gerapetritis and Aguila Saleh, president of Libya’s Benghazi-based House of Representatives. The meeting formed part of Athens’ regular contacts with representatives of Libya’s de facto government... of Exclusive Economic Zones among Greece, Turkey, Libya, Egypt and Cyprus. During the meeting, Gerapetritis

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  4. If you think it's bleak for Greece now, wait until tomorrow
    Photo by Harry van Versendaal

    Agora

    productivity growth since 1970 has been averaging 0.7 percent, by far the lowest in the euro area, which

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  5. Greek train firm TRAINOSE attracts just one bid, no interest in rolling stock
    Photo via Flickr https://flic.kr/p/9SDyrr

    Economy

    in 2005 as a subsidiary of the Greek railway company (OSE), which was founded in 1970 and is wholly owned

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  6. No late rally for Tsipras
    Photo by MacroPolis

    Agora

    to catch a spark only to have its dying flame extinguished. A few blasts of an air horn and an odd chant

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  7. Athens ponders impact of Turkey's role in Afghanistan
    Photo via https://flic.kr/p/8qMLN8

    PoliticsForeign Policy

    the 10 Afghans. The two deadly blasts at Kabul airport last Thursday disrupted the Greek operation

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  8. Q3 GDP rebounds 0.8 pct QoQ and 1.8 pct YoY, above flash estimates
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    not available at the time of the flash estimate. The provisional estimates also showed GDP increased by 1.8... of 0.1 percent. For the 2016 estimate of a 0.3 percent recession to be met, Q4 GDP would have... by 0.4 percent in Q2, the Hellenic Statistical Authority (ELSTAT) provisional estimates displayed

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  9. Athens buoyed by EU, US support over maritime spat with Turkey
    Photo via www.mfa.gr

    PoliticsForeign Policy

    on the Turkey–Libya maritime border deal. A common statement adopted by the EU leaders during... on Thursday decided to appoint a special envoy to Libya. This will be Ambassador Christodoulos Lazaris. His mission will be to maintain contact with all sides in Libya in order to closely monitor developments

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  10. After signing EastMed pipeline pact, Athens aims to tackle Turkey challenge

    PoliticsForeign Policy

    memoranda with the Tripoli-based government in Libya. Officials in Athens stress, however... following Turkey's intervention in Libya, the message to Ankara in the joint statement they issued... in Libya presents a dangerous threat to wider regional stability.” The statement also noted

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