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E.Tsiliopoulos

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Turkey: The expediencies of its proclivities in the Aegean

It is supposed that summers in the Aegean should be "calm". This is imposed at least by the "Papoulias-Yilmaz memorandum" of 1988, but also by the practice followed by Greece and Turkey in previous years, with this "tradition" being disrupted from 2020 onwards.

State deficit in the first seven months of 2022 at 6.09 billion euros

In January-July 2022, the central government cash balance recorded a deficit of €6,090 million, compared to a deficit of €13,078 million in the same period of 2021, according to latest data from the Bank of Greece.

During this period, ordinary budget revenue amounted to €30,203 million, compared to €24,111 million in the corresponding period of last year. Ordinary budget expenditure amounted to €34,906 million, from €35,999 million in January-July 2021. 

Table: Central government net borrowing requirement on a cash basis (million euro)

Paros: a white pebble in an azure sea

In the heart of the Cyclades, lies beautiful Paros, with its distinctive Aegean air, an island that offers value and an is always an excellent proposition for authentic Cycladic holidays.