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Q3 GDP rebounds 0.8 pct QoQ and 1.8 pct YoY, above flash estimates
EconomyMacroeconomynot available at the time of the flash estimate. The provisional estimates also showed GDP increased by 1.8... of 0.1 percent. For the 2016 estimate of a 0.3 percent recession to be met, Q4 GDP would have... by 0.4 percent in Q2, the Hellenic Statistical Authority (ELSTAT) provisional estimates displayed
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PM appoints new national security advisor as talks with Turkey hang in balance
PoliticsGreek PoliticsPrime Minister Kyriakos Mitsotakis announced on Tuesday the appointment of Thanos Dokos to the post of national security advisor, with a mandate to formulate national security strategy and build the National Security Council, a new body created by the p...
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Re-opening plans hang in balance due to unrelenting virus
PoliticsGreek PoliticsThe government does not seem set to abandon its hopes of further relaxing restrictions on economic activity next week even though the Covid-19 data continues to look alarming. On Tuesday, a record 4,340 new coronavirus cases were recorded as the number ...
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Greece prepares for next stage in Covid relaxation as tourism hopes hang in balance
PoliticsGreek PoliticsThe next steps in Greece’s gradual emergence from a six-month lockdown are set to be confirmed on Wednesday, although Covid-19 numbers have eased only marginally and there are doubts about the tourism sector’s ability to capitalise on the official reope...
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Implementation snags hang over ambitious post-Covid recovery plans
PoliticsGreek PoliticsGreece’s national plan to allocate EU Recovery & Resilience funds is moving apace at the planning stage, but appears to be stumbling at implementation. With the post-covid stimulus package emerging as more key to economic recovery than ever in light of ...
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ND tries to swerve fresh graft claims as EP scandals, phonetapping hang over budget debate
PoliticsGreek PoliticsThe Qatargate scandal centred on PASOK MEP Eva Kaili may have given ruling New Democracy some respite from defending its administration against mounting evidence of a domestic spying operation, but an investigation by the EU prosecutor into one of its o...
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Budget primary surplus at 3.16 bln in December, missing target for full year by 443 mln
EconomyMacroeconomybillion euros and was below target by 611 million. Net revenues came to 50.96 billion euros, under... expenditure came to 44.20 billion, below target by 611 million euros. Interest payments declined YoY
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GDP grows by 1.3 pct QoQ in Q2, in line with growth estimates of 2+ pct for year
EconomyMacroeconomypct that appeared in the 2023 final budget at the end of 2022. The most recent inflation estimate... in 2023, from 1.2 seen in the previous estimate in February. In its latest World Economic Outlook... percent QoQ. Outlook According to the latest Finance Ministry estimates included in the Stability
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Athens buoyed by EU, US support over maritime spat with Turkey
PoliticsForeign Policyon the Turkey–Libya maritime border deal. A common statement adopted by the EU leaders during... on Thursday decided to appoint a special envoy to Libya. This will be Ambassador Christodoulos Lazaris. His mission will be to maintain contact with all sides in Libya in order to closely monitor developments
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After signing EastMed pipeline pact, Athens aims to tackle Turkey challenge
PoliticsForeign Policymemoranda with the Tripoli-based government in Libya. Officials in Athens stress, however... following Turkey's intervention in Libya, the message to Ankara in the joint statement they issued... in Libya presents a dangerous threat to wider regional stability.” The statement also noted
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