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  1. Sharp increase in May arrivals, particularly from Germany, delivers travel balance boost
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s travel balance rose sharply by 38.2 percent in May, recovering strongly from April’s... percent to 201.5 million. As a result, the travel balance came to a strong surplus of 1.27 billion euros... in the EU28 increased in May by close to 54 percent and came to 1.12 billion euros, whereas outside

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  2. Manufacturing grows in May, but at slowest pace in last four months

    EconomyMacroeconomy

    Greece’s Manufacturing PMI remained in expansion territory in May, although it fell marginally.... This is the fourth month that the conditions in the Greek manufacturing sector have improved, though May... in May, as the pace of growth eased to the slowest in the current four-month period of expansion, being

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  3. Unemployment rate almost unchanged at 10.6 pct in May
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s seasonally adjusted (SA) unemployment rate stayed virtually unchanged in May, landing... showed on Monday. In May last year, the unemployment rate was 11.2 percent. Despite stabilising.... The series low is a 7.1 percent unemployment rate in May 2008. Year-on-year, the number of employed

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  4. Lending to corporations drives credit growth of 11.3 pct YoY in May
    Photo via https://flic.kr/p/2a8kbGu

    EconomyMacroeconomy

    The credit expansion in the Greek private sector remained strong in May, rising by 11.3 percent... euros in April, with strong inflows over the last few months. The outstanding balance was 124.44... loans had an inflow of 26 million in May, from outflow of 23 million in April and the balance

    20%

  5. Athens seeking Mitsotakis-Erdogan talks as Ankara suggests arbitration for disputes

    PoliticsForeign Policy

    with North Macedonia and he reiterated that the deal may be “nationally damaging” but cannot... to Greece Burak Ozugergin to Ta Nea. Ozugergin suggested that the two sides should start a discussion

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  6. Ankara springs surprise on Athens with Libya maritime deal

    PoliticsForeign Policy

    several months between Turkey and Libya. But analysts note that the Greek side may have been... called Turkey’s Ambassador to Athens, Burak Ozgurgegin, to the Foreign Ministry in Athens to demand

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  7. Greece and Turkey head towards crucial stage of negotiations
    Photo by MacroPolis

    PoliticsForeign Policy

    expected to set a road map that may lead the two sides at some point to the International Court... foreign ministers, Costas Fragkogiannis and his then counterpart, Burak Akçapar. In that meeting

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  8. Diplomatic and defence developments encourage Athens to seek greater geopolitical role
    Photo by Naval Group

    PoliticsForeign Policy

    to Ankara, possibly in May. Red Sea mission Minister Dendias also revealed last week that Greece... in March to continue the political dialogue with her Turkish counterpart Burak Aksapar regarding

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  9. Greece and Turkey edging forward with political dialogue

    PoliticsForeign Policy

    and, of course, the Prime Minister's visit to Ankara in May," he said. However, he reiterated...Greece and Turkey plan to take the next steps in their political dialogue on 11 March. Deputy Foreign Minister Alexandra Papadopoulou will meet her Turkish counterpart Burak Aksapar in Ankara

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  10. Building activity up again in May but with smaller rise of 1.9 pct

    EconomyMacroeconomy

    in May showed mixed trends. In particular, three regions posted a strong double digit growth, namely...Greek building permits grew for the fourth successive month in May, albeit by a modest 1.9 percent from 6.2 percent in April, according to the Hellenic Statistical Authority (ELSTAT). The May growth

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