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  1. Among euro area SMEs, Greeks face most problems with access to finance

    Economy

    in 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

    29%
  2. New data shows 6.2 pct of Greek labour force in gray area
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    . This represents 6.2 percent of the labour force and creates a grey area between full employment and inactivity

    26%
  3. Greek loan rates remained well above euro area average in October

    EconomyMacroeconomy

    area rate. This month’s change reversed the sharp drop of 44 bps recorded in September

    25%
  4. 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

    23%
  5. Athens steps up efforts to build links with Libya as EU steps in to assist
    Image: https://www.mfa.gr/

    PoliticsForeign Policy

    from 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

    19%
  6. Travel receipts drop 6.7 pct in Feb, balance turns to deficit of 3.8 mln
    Photo by MacroPolis

    EconomyMacroeconomy

    by to 433,200. In contrast, the average expenditure per trip increased by 9.7 percent to 305 euros. There was a notable drop of 30.7 percent in arrivals from non-euro area countries within the EU28...). Double-digit drops of 20.6 and 24.6 percent were posted in the 2-month receipts from non-euro area

    17%
  7. Greece locked in talks with Egypt over monastery, struggles to gain footing in Libya
    Image: https://www.mfa.gr/

    PoliticsForeign Policy

    visiting both Tripoli and Benghazi, according to Kathimerini. Gerapetritis is to meet with both Libya’s...) of Field Marshal Khalifa Haftar. Until very recently, Benghazi’s rulers were firmly against Turkey... in Tobruk and now, in Benghazi. But now it seems that Haftar appears willing to discuss

    16%
  8. Credit origination and transmission: Are Greek banks part of the problem or the solution?
    Photo by Harry van Versendaal

    Agora

    area. In its April 2013 edition the parts about Greece made for particularly challenging reading.[4... in the euro area, SMEs in Greece reported the strongest increase in their need for financing working.... By contrast, the complete rejection of their loan application among the 17 euro area countries

    16%
  9. IMF examines where programme went wrong, what lessons were learnt
    Photo by Panayotis Tzmaros/Fosphotos

    EconomyProgramme

    and the OSI, public debt recorded a relatively modest immediate decrease to 305 billion euros (160 percent... of structural reforms in the labour, product and service markets to remain a viable euro area member

    15%
  10. Deposit flow in positive territory at 638 mln in May
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    of private sector deposit inflows, the positive flow reflects non-euro area residents’ inflows of 145 million, mitigated by general government outflows of 305 million. Following the positive deposit flow

    15%