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Visit to Cairo underlines Greek aims to reach maritime deal with Egypt
PoliticsForeign Policyto seek delimitation with Egypt in the area disputed by the Turkish-Libyan memorandum. Any
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EC trims 2020 recession forecast to 9 pct, but 2021 recovery also slashed
EconomyMacroeconomy. Overall, the Commission had to downward revise its estimates for the euro area and EU, with eurozone
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Summer season looks under threat as revenues fail to materialise
EconomyMacroeconomyarea. In addition, up to 41 percent of respondents said that they planned not to take any type
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Development model questioned again amid reaction to luxury resort go-ahead
PoliticsGreek Politicsbrings a new model of value-added development to the area, pointing to the heavy investment
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Newsletter 258 -07/17/2020
to 853 permits. The corresponding surface area fell by 21.8 percent while volume fell by 18.7 percent
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BoG stresses more work needed on NPE reduction, pushes bad bank idea
EconomyBanking, the ratio will stand at 25 pct, compared to 2.7 in the EU and 3.2 in the euro area. On top
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Greece on alert over Turkish maritime plans, senses EU backing
PoliticsForeign Policyconditions do not allow surveys in the area. Some others also point to developments in Libya, which
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Fitch keeps rating at 'BB', sees GDP contraction of 7.9 pct in 2020
Economyas an area of vulnerability, with the NPE ratio at 37.4 pct at the end of March, despite all
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Turkey's Aegean moratorium eases tension as Berlin tries to foster talks
PoliticsForeign PolicyMediterranean, Turkey issued a new Navtex reserving an area inside Cyprus’ exclusive economic zone
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Newsletter 260 -31/07/2020
forces have been on a state of alert since the NAVTEX, covering a sea area around the Greek island
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