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Access to finance remains far bigger problem for Greek SMEs compared to euro area peers
EconomyMacroeconomythe lowest and well below the euro area average of 17 percent. On a scale of 1 – 10, Greek SMEs... it remains the highest in the euro area, above the average which stands below 5. SMEs in Greece also... area average was close to zero, in Greece it was 29 percent (down from 35 percent. Meanwhile
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Loan and deposit rates edge down in May but remain above euro area average
EconomyMacroeconomydeposit rate is gradually falling, it remains more than 100 bps above the respective euro-area average... corporate lending rates contracted in May, they remain well above the euro area average rates, by 3
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Among euro area SMEs, Greeks face most problems with access to finance
Economyin their need for bank loans (25 percent), which is five times the euro area average. Although bank... requirements for SMEs in Greece remain the highest in the euro area. Overall, SMEs in Greece identified high
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New data shows 6.2 pct of Greek labour force in gray area
EconomyMacroeconomy. This represents 6.2 percent of the labour force and creates a grey area between full employment and inactivity
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Greek loan rates remained well above euro area average in October
EconomyMacroeconomyarea rate. This month’s change reversed the sharp drop of 44 bps recorded in September
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Greek SMEs face biggest obstacles to finance in euro area, ECB finds
EconomyMacroeconomy. Both rates are the worst among the euro area countries. Greek SMEs topped the list for those
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Complex privatisation fund faces tall order to reduce Greek debt
Economyas a key area of interest from the eurozone lenders, particularly German Finance Minister Wolfgang... to CPH, namely those of Athens public transport companies (OASA, OSY and STASY), the Olympic
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Greece working on plan for multilateral talks in East Med
PoliticsForeign Policycautious, awaiting a more detailed plan, particularly regarding how Athens intends to engage... remains divided between the internationally recognised government and the forces in Benghazi. Still
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Greece, Cyprus and Israel bolster trilateral ties as Turkey looms in background
PoliticsForeign Policyties, appears willing to engage in US-led talks on maritime border disputes in the Eastern... of Representatives, told the Libyan News Agency that both Tripoli and Benghazi are open to cooperation
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Athens steps up efforts to build links with Libya as EU steps in to assist
PoliticsForeign Policyfrom both the Benghazi and Tripoli governments after European Commission President Ursula von der..., Foreign Minister Giorgos Gerapetritis met with General Khalifa Haftar in Benghazi for approximately one... as a message from Benghazi aimed at showing the magnitude of the problem facing the authorities
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