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  1. Ankara tension tops govt agenda, overshadowing social dividend and primary residences
    Photo by MacroPolis

    PoliticsGreek Politics

    the spat with Turkey over its signing of an agreement with Libya regarding the delimitation... is in control of all of Libya, and Prime Minister Kyriakos Mitsotakis reportedly told Turkish President... with disabled children under the age of 24. The total outlay is estimated at 175 mln euros “The one-off

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  2. Government tables 2016 budget, upgrades GDP forecasts but leaves fiscal estimates unchanged
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    EconomyMacroeconomy

    estimates released in early November, which saw a GDP contraction of 1.4 percent. For next year, the EC and OECD expect a recession of 1.3-1.4 percent above the budget’s estimate. The upgraded MoF forecasts..., nominal GDP is now expected at 175.66 billion in 2015 (up by 1.92 billion from previous estimate

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  3. Turkey maintains maritime pressure as Athens and Ankara court Haftar
    Photo by MacroPolis

    PoliticsForeign Policy

    as 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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  4. Athens presses Benghazi in bid to block ratification of Turkish–Libyan maritime pact

    PoliticsForeign Policy

    Gerapetritis 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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  5. Q3 GDP rebounds 0.8 pct QoQ and 1.8 pct YoY, above flash estimates
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    not 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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  6. If you think it's bleak for Greece now, wait until tomorrow
    Photo by Harry van Versendaal

    Agora

    productivity growth since 1970 has been averaging 0.7 percent, by far the lowest in the euro area, which

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  7. Greek train firm TRAINOSE attracts just one bid, no interest in rolling stock
    Photo via Flickr https://flic.kr/p/9SDyrr

    Economy

    in 2005 as a subsidiary of the Greek railway company (OSE), which was founded in 1970 and is wholly owned

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  8. May employment balance positive by 105,282 as seasonal hires pick up
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    The employment balance was positive in Μay with 105,284 more hirings than departures, data from the Labour Ministry’s Ergani information system showed. Ergani noted that the balance for this May is the second highest positive balance on record for the month since 2001. Additionally, May’s figure

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  9. Eurosystem funding drops by 1.45 bln in March as ELA reduction offsets ECB rise
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    since July 2017. The BoG figures also revealed that banknotes in circulation fell by 27 million to 33.97 billion, the lowest total since December 2014. Banknotes in circulation have continued... of 50.48 billion in June 2015, banknotes in circulation have dropped by 16.52 billion euros

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  10. Eurosystem funding decline picks up pace to 3.26 bln in April

    EconomyMacroeconomy

    . The BoG figures also revealed that banknotes in circulation fell by 465 million to 33.50 billion, the lowest total since December 2014. Banknotes in circulation have continued to decline across the last... in June 2015, banknotes in circulation have declined by 16.98 billion euros. April’s figure means

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