Reuters

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Turkey still blocking defense plans for Poland, Baltics, say NATO allies

Turkey continues to block NATO defense plans for Poland and Baltic states despite a deal in London last year between Turkey's president and allied leaders, three allied diplomats and a French defense official said on Wednesday.

Diplomats said while Ankara has approved the plan, known as Eagle Defender, it has not allowed NATO military chiefs to put it into action.

Greece does not need to tap ESM credit line, says FinMin

Greece has no need to tap the eurozone's pandemic credit line at present, Finance Minister Christos Staikouras said on Friday.

"Based on current data, Greece does not need to resort to the ESM's (European Stability Mechanism) credit lines since the government has made and continues to make prudent use of the country's own resources," he told an Economist conference.

Greek economy shrinks in first quarter, contraction deepens

Greece's economy contracted in January-to-March compared to last year's fourth quarter, the country's statistics service (ELSTAT) said on Thursday.

The seasonally adjusted data showed gross domestic product shrank 1.6 percent in the first quarter, at a faster pace compared to a 0.7 percent contraction in October-to-December.

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