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The Greek Letter - ekathimerini.com - Diplomacy at the forefront - 3 may 2026

 

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Diplomacy at the forefront[InTime News]
Constantine CapsaskisNewsletter Editor

Welcome to the weekly round-up of news by Kathimerini English Edition. There were several developments on Greece’s diplomatic front this week, with several high-level meetings taking place.

Foreign Minister George Gerapetritis met with Prime Minister Abdul Hamid Dbeibah of the Government of National Unity of Libya and acting Foreign Minister Al Taher Salem al-Baour in Tripoli on Monday, with the two sides agreeing to advance discussions on the delimitation of a continental shelf and exclusive economic zones.

“We decided jointly to activate the Joint Committee, which will deal with critical issues, reassess agreements that have been signed and propose new agreements”, said the minister.

On Wednesday, Prime Minister Kyriakos Mitsotakis met with Qatar’s Emir Sheikh Tamim bin Hamad Al Thani in Athens, with tensions in the Middle East being at the heart of the discussion. Following the meeting, the two leaders agreed to deepen and expand bilateral cooperation in areas including trade, energy, connectivity, defense, agri-food products, culture, and education.

However, an agreement between Greece and Ukraine to co-produce unmanned surface vehicle (USV) maritime drones has run into difficulties. Specifically, complications have arisen at the last minute over Kyiv’s demand that it retain a say over how the Greek armed forces would use the systems.

Greek officials insist that there cannot be control by a third party over the deployment and use of a military system, particularly during a military engagement. The issue is widely seen to be connected to a desire by Ukraine to balance its relationship with Turkey. Despite its working relationship with Moscow, Ankara remains one of the premier military powers in the Black Sea region and controls passage through the Straits.

This is just the latest chapter of a wider cooling of bilateral relations between Greece and Turkey. The visit of French President Emmanuel Macron, and the renewal of the French-Greek defensive agreement, was criticized in a statement released by the Turkish Ministry of Defense.

Namely, the ministry decried President Macron’s statements as “not consistent with the principles of alliance and solidarity”, and added that any military cooperation against Turkey “has no chance of success”.

Spotlight

  • Ahead of his all-but-certain return at the head of a new political party, Former Prime Minister Alexis Tsipras published a long manifesto outlining how, what he defines as the main groups of progressive politics, can and must be unified. Namely, the new party’s goal will be “bringing together the three chief tendencies in the contemporary Left: Social Democrats, the Radical Left and Greens” as the “social majority of progressive citizens is currently seeking its political representation”. The manifesto urges existing political parties in the progressive space to put aside any differences and perceived ideological hang-ups. Indicatively, he notes that Social Democrats should “depart from the rationale of management” and join the radical Left in fighting inequality and corruption, while the latter grouping should formulate “realistic and practically applicable” policies on a new production model and institutional reforms. Greens, the manifesto argued, “should join the core of a new growth model that would combine sustainability, energy security and social justice”.
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OPINION
Tom EllisEditor-in-Chief, Kathimerini English Edition
A strong Hellenic navy[AMNA]

Greece is taking specific actions to strengthen its naval capabilities; following the deal with France to build four modern FDI type frigates, it is moving forward with plans to acquire four second-hand Italian FREMM frigates while also upgrading the four MEKO-class it already has. The latter will take place at Greece’s Skaramangas shipyards.

After commissioning the first of the four French built technologically advanced FDIs, and while waiting for the gradual delivery of the other three, Athens has opted to purchase the four Italian Carlo Bergamini-class vessels in a 2+2 arrangement with the first two expected to cost about €700 million, including some of their primary weapons systems.

The upgrades will also encompass combat systems and structural maintenance support, spare parts and crew training.

As part of upgrading the navy’s defensive capabilities Athens plans to procure CAPTAS-4 towed sonar systems so the FREMM frigates will match the anti-submarine warfare capabilities of the FDIs, as well as anti-ship and anti-aircraft missile options.

Once the remaining three of the new FDIs are delivered, and the purchase of the four used ones and the upgrade of the four older ones is concluded, the Hellenic navy will have in total 12 highly capable frigates patrolling the Aegean creating a qualitatively and qualitatively much stronger defense posture for Greece.

CHART OF THE WEEK
While the level of unemployment in Greece has continued to fall, standing at 9% in March compared to 9.4% in March 2025, there are signs that it might begin levelling off. Despite the fact that seasonal employment in the tourism sector has not yet begun in March, labor experts warn that the levels of structural unemployment in the Greek labor market, namely unemployment caused by the mismatch of supply and demand, is estimated to be between 8% and 9%. This means that it is unlikely that any drop below these levels will last. This is also evidenced by the changing rate of the reduction in unemployment.
 
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ECONOMY IN A NUTSHELL
“The Athens Exchange (ATHEX) general index closed at 2,188.68 points on Thursday, down 1.41% from last week. Overall, in April, the benchmark advanced by 5.99%.”
“With the end of the European Recovery and Resilience Fund looming closer, the government has accelerated several procedures (including the “My Home 2” program, as well as business loans) bringing forward their deadline. The goal, according to the Finance Ministry, is to ‘quantitatively finalize the final milestone of the program’”.
“There is mounting concern over the impact of increased prices for air travel affecting the tourism industry this summer. While there was a 2.8% increase in the number of seats on offer for direct flights from the United States to Greece, reservations until April 27 were down 28% compared to the same period in 2025.”
WHAT'S ON THE AGENDA
  • 05/05/2026Bartholomew: Ecumenical Patriarch Bartholomew will address the Hellenic Parliament on Tuesday.
  • 07/05/2026New Democracy: Following weeks of internal unrest, the parliamentary group of ruling New Democracy is set to meet ahead of the party’s general congress on May 15.
  • 08/05/2026Cyprus: A new meeting between the President of the Republic of Cyprus Nikos Christodoulides and Turkish-Cypriot leader Tufan Erhurman has been set for next Friday.
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PODCAST
27/04/2026 • 1:06:51Turkey-Israel tensions, Tom Barrack’s Middle East agenda, and what it means for GreeceSinan Ciddi, Henri Barkey, and Vassilis Nedos join Thanos Davelis as we look into this escalating war of words in the Eastern Mediterranean between Turkey and Israel, break down how US Ambassador Tom Barrack is effectively pursuing his own Middle East policy that’s undermining US interests, and discuss the wider impact of these developments for Greece.
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