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Growth in car sales slows to 1.1 pct in April
EconomyMacroeconomyRoad motor vehicles going into circulation for the first time slowed down considerably in April, growing by 1.1 percent year-on-year (YoY), after rising strongly in March by 31.3 percent, according to Hellenic Statistical Authority (ELSTAT) data released on Friday. In April 2022, the year-on-year
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GDP up by 1.1 pct QoQ, needs 2.8 pct growth in H2 to reach annual forecast
EconomyMacroeconomyGreece’s seasonally adjusted (SA) GDP accelerated its gains in Q2, rising by 1.1 percent quarter-on-quarter (QoQ), from a 0.8 percent rise in Q1, provisional data from the Hellenic Statistical Authority (ELSTAT) revealed on Friday. The Greek economy has been growing continuously QoQ now since Q2
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Alpha Bank remains profitable in Q2, NPEs reduced further
EconomyBankingaccelerating to -717 million in Q2 from -111 million in Q1. The performance in Q2 mostly stems from... in Greece last year. The management expects the full-year cost figure at around 1.1 billion
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Tempe rail crash charges reignite debate about scrupulousness of investigation
PoliticsGreek Politics, signed in 2014, for completion by 2016 – known as ‘Contract 717’. This contract has been... project, by which the original scope of Contract 717 was altered. The supplementary contract foresaw... split Contract 717 between them. Also, the second company entrusted the technical studies regarding
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Ankara tension tops govt agenda, overshadowing social dividend and primary residences
PoliticsGreek Politicsthe spat with Turkey over its signing of an agreement with Libya regarding the delimitation... is in control of all of Libya, and Prime Minister Kyriakos Mitsotakis reportedly told Turkish President... 10-20,000 euros by 18 pct and inflating the tax bill of each family earning 20-70,000 euros by 200
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Newsletter 231 -06/12/2019
reaching an agreement with Libya last week to delineate maritime borders in the Mediterranean. Athens has labelled the deal “illegal,” arguing that Libya’s prime minister does not have the legal... next year is that he does not have the necessary qualified majority of 200 votes in Parliament
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Athens takes plunge on gas exploration, sees hope in Israel-Lebanon deal
PoliticsForeign Policyand the island of Crete. "We want to make an opening with Libya as a whole, so that we can finally... located in the area between Greece and Libya," Mitsotakis said in an interview with ANT-1 TV, last Monday. It appears that Athens has decided to begin surveys in response to the recent Turkish-Libya
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PM gets no change out of opposition leaders on US trip, electoral law
PoliticsGreek Politicswith Libya or any other actions that Athens deems provocative. Tsipras, though, went a step further... is hoping to gather the support of 200 MPs, meaning he needs at least another 42 on top of New
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Athens expands survey area off Crete, signs MoU with Egypt
PoliticsForeign PolicyExclusive Economic Zone. In 2019, before signing its memorandum with Turkey, Libya reacted against...). This was calculated by moving its median line northwards. After the signing of the Turkey-Libya memorandum in 2019, new data was generated and Libya could argue that the entire area south of Crete
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Greece and lenders start technical talks as tension between Athens and Berlin rises
PoliticsGreek Politicsgovernment property in Greece as part of damages for the victims of the WWII massacre in Distomo
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