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PoliticsGreek Politics
PM hails Chevron bid as vote of confidence amid mixed reactions to TIF package The news that US energy giant Chevron has bid for an exploration license in Greek waters has been celebrated by PM Kyriakos Mitsotakis as a boost to the country’s geopolitical status and a vindication of his administration’s foreign policy.
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PoliticsForeign Policy
PM defends stance on Turkey and troubled electricity cable project Prime Minister Kyriakos Mitsotakis is planning to meet with Turkey’s President Recep Tayyip Erdogan in New York with the aim of maintaining the current stability in relations between the two countries, while reiterating that Ankara needs to abolish its casus belli clause for ties to improve.
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PoliticsGreek Politics
Cyprus cable dispute and Crete mafia case cast fresh clouds over TIF reset agenda As PM Kyriakos Mitsotakis and his team put the finishing touches to an economic package that they hope will win back public trust in the government, a disagreement with Cyprus threatens the implementation of an emblematic energy project, while details from an ongoing probe into an organised crime ring on the island of Crete hint at political connections.
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PoliticsGreek Politics
Foreign minister toughens stance as first autumn polls pile pressure on government Foreign Minister Giorgos Gerapetritis has defended the government’s policy towards Turkey, pledging that Greece will actively defend its territorial rights if the neighbouring country attempts to block a landmark offshore infrastructure project.
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EconomyMacroeconomy
Conflict in Middle East puts fresh pressure on economy The relative stability and calm that the Greek economy profited from over the last couple of years has started to look like a thing of the past over the past few days as tension in the Middle East flared up, threatening a protracted conflict in the region, which will have a global impact and will affect the growth outlook for Greece.
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PoliticsForeign Policy
Greek fears about status of historic monastery complicate relations with Egypt Athens and Cairo are facing a mini diplomatic crisis due to uncertainty over the religious status of Saint Catherine’s monastery in Mount Sinai, which dates from the 6th century AD and is considered the world's oldest continuously-inhabited Christian monastery.
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PoliticsForeign Policy
Athens keeps close eye on Turkey's reactions amid MSP and GSI developments Athens is aiming to defuse recent tension with Ankara caused by the Greece-Cyprus electrical interconnection project, the Great Sea Interconnector (GSI), as well as by the recent maritime spatial planning (MSP) presented by the Greek government.
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PoliticsForeign Policy Doubts about GSI resurface as Turkey raises objections over electricity cable Athens is currently weighing up its next moves regarding the 1.94-billion-euro Great Sea Interconnector, or GSI, as the project to construct an electricity cable linking the power grids of Greece, Cyprus and Israel faces headwinds again.
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PoliticsForeign Policy
Mitsotakis refreshes Israel ties ahead of resuming work on GSI cable Prime Minister Kyriakos Mitsotakis visited France and Israel over the last few days, aiming to bolster close relations with key allies ahead of two important developments in the Eastern Mediterranean.
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PoliticsForeign Policy
Greece seeks to continue talks with Turkey despite new obstacles Athens and Ankara intend to continue with their political dialogue and the two governments are already organising the next high-level meeting between Greek Prime Minister Kyriakos Mitsotaks and Turkey’s President Recep Tayyip Erdogan in April.