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Court ruling on pension cuts could create new problem in talks, fiscal plans
EconomyProgrammeby 4093/2012. The court’s verdict is expected within May. Reports confirmed that in two Council... pensions of a total amount of 2.07 billion and the remaining 277 million relates to supplementary
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Court orders 2012 pension cuts to be reversed, costing up to 1.5 bln
Economy, which has been expected for the last few weeks - as we highlighted in May, deems unconstitutional... of 2.07 billion and the remaining 277 million relates to supplementary pensions.
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Newsletter 230 -29/11/2019
bill in the summer. The aim is for the panel to deliver the new “objective” values by May next year so... as of the end of October, stood at circa 277 percent of the quota and an outstanding debt of just over 9
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Newsletter 1 31/10/2014
on the dynamic (agreed restructuring plans after the end of 2013) rather than the static (end-2013 figures) model... involves the capital surplus that Greek banks showed under the dynamic model, which reached 10.7... lender that passed the stress tests under the static model even without taking into account
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Cyprus EEZ keeps Greek-Turkish relations on edge
PoliticsForeign PolicyTensions are still running high between Athens and Ankara after a Turkish vessel rammed a Greek... ministries. Ankara was annoyed by statements made by Foreign Minister Nikos Kotzias during... crossed it” regarding the Imia incident. He also warned Ankara that the next time it acts aggressively
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Turkey's actions in Cypriot EEZ put Athens, Nicosia on alert
PoliticsForeign Policyand Israel have already issued warnings to Ankara. Turkey's move had been expected since 2017, following Ankara's strong reaction to hydrocarbon research in the Cypriot EZZ. It seems, though, Turkey’s main aim.... Ankara's drilling ship remains outside of Cypriot territorial waters but within the continental self
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Athens wary of implications from Erdogan's cancelled trip to Washington
PoliticsForeign Policyof the Greek premier to Ankara on May 13 is not affected in any way by this development. For many weeks now...The postponement of Turkish President Recep Tayyip Erdogan’s visit to the White House on May 9... and that will play into the hands of Russia’s President Vladimir Putin. Ankara has not given any clear reason
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Cancelled leaders' meeting in US emphasises stalemate in Greek-Turkish relations
PoliticsForeign Policyagree to his request to stop purchasing Russian oil and said that he may lift US sanctions on Ankara... Ankara might stoke bilateral tension in the weeks ahead. Athens is preparing for two possible outcomes. First, that Turkey may seek to begin new sea research in the Aegean Sea or the Eastern Mediterranean
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Newsletter 260 -31/07/2020
stand-off over the past few days. Ankara’s moratorium on the hydrocarbon exploration is to last... in an interview with CNN Turk. This means Ankara did not send out the Oruc Reis research vessel... in ensuring the stand-off from Ankara head-on. Escalating tensions have been brought under control when
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Amid lack of communication, overflights add to Greek-Turkish tension
PoliticsForeign Policy. Meanwhile, Ankara is showing no real interest of opening new communication channels with Greece...” over the Aegean Sea. This “accident” could be exploited by Ankara, diplomats note. There is still..., they allegedly launched a flare which landed on Greek soil. These two incidents may not be part
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