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A closer look at Greece's revised proposals to lenders
EconomyProgramme(versus targets) of 1.1 percent for 2015 and 1.9 percent for 2016 emerged. For this shortfall to be covered, the government proposed thirteen “parametric” measures worth 2 billion euros for 2015 (1.1...) Cuts in defense spending with estimated revenues of 200 million euros in 2016. 4) Pharmaceutical
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Athens pleased with Washington talks despite lack of definitive US position on Turkey
PoliticsForeign Policyactions in the East Med and Libya. The Greek government has many times since Tuesday tried to play down... replied: “when you're talking about Libya, we're discussing with President Erdogan, we're discussing... talked about that subject specifically — Libya and what's going on. We'll be talking to Russia
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Newsletter 267 -02/10/2020
, especially in Libya,” Pompeo explained. PM Mitsotakis was, no doubt, encouraged by Pompeo’s statements... (+2.6 percent). The monthly seasonally adjusted (SA) retail sales index in July fell by 1.1 percent
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Newsletter 38 - 07/08/2015
of new cards issued, which reportedly exceeded 1.1 million in July compared to an average of 100,000... reportedly issued 1.1 million new cards in July, more than ten times what they normally would. increase... other EU countries. This means that the issue of more than 1.1 new debit cards in July corresponds
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Sharp increase for Greek bank provisions in Q2 due to capital shortfall highlighted by ECB
EconomyBankingon the back of lower deposit cost, leading core PPI (excluding one-off items) up 1.1 percent QoQ... of the AQR outcome. As a result, the bank posted net loss of 1.27 billion in Q2 from 200 million... million in Q3. Gross loans slipped by 1.1 percent QoQ to 68.9 billion n Q3, while deposits contracted
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Alpha Bank posts net profits of 35.5 mln in Q3, NPEs continue to decline
EconomyBankingby around 200 million euros QoQ in Q3, from 505 million in Q2, and landed at 26.8 billion, beating... by 2.7 percent QoQ to 279.7 million, while the figure for nine months showed a decline of 1.1 percent... to 11.6 billion in September and by another 1.1 billion euros until November. Specifically, Emergency
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Newsletter 218 -06/09/2019
unions and around 200 people protested outside the Labour Ministry in Athens on Tuesday. The measures... a downward revised rise of 1.1 percent in Q1, provisional estimates from the Hellenic Statistical Authority (ELSTAT) revealed this week. The YoY GDP growth was primarily driven by a 1.1 percent rise
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Turkey maintains maritime pressure as Athens and Ankara court Haftar
PoliticsForeign Policyas 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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Athens presses Benghazi in bid to block ratification of Turkish–Libyan maritime pact
PoliticsForeign PolicyGerapetritis 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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If you think it's bleak for Greece now, wait until tomorrow
Agoraproductivity growth since 1970 has been averaging 0.7 percent, by far the lowest in the euro area, which
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