“There is a strong (…) increase, in the economic relationship between Portugal and Angola, (…) the economic problems in Angola are of concern for us, not only in the banking sector, but economy-wide,” Portuguese Minister of Finance Mario Centeno has told CNBC. Source: CNBC
A trilateral Greece-Cyprus-Israel summit will take place in Beersheba on December 20 where host Israel’s Prime Minister Benjamin Netanyahu, his Greek counterpart Alexis Tsipras, and Cyprus President Nicos Anastasiades are expected to boost cooperation between the three Mediterranean countries, especially energy. Source: New Europe
The Italian government will trim its deficit target for next year in its latest proposal that seeks to avoid European Union sanctions for violating the bloc’s budget rules, the Ansa news agency reported. Source: Bloomberg
In an exclusive interview with Kathimerini’s Sunday edition, US Assistant Secretary of State for European and Eurasian Affairs Wess Mitchell has sent a clear message to Ankara not to obstruct drilling for hydrocarbons that is under way in Cyprus’s exclusive economic zone (EEZ), while hailing Greece as a “fantastic ally” to the United States in the region. Source: Ekathimerini
