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Cost of Greek corporate loans rises in April, remains well above euro average
EconomyMacroeconomyand remained well above the euro area average, according to the Bank of Greece (BoG). This rate had... the respective euro-area average rate of 1.56 percent in April, although the difference narrowed during... to 6 percent. The average euro-area rate on corporate loans over 1 million euros stands almost 4
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ECB survey shows enduring preference for cash payments in Greece
EconomyFeaturescard and electronic payments. The study titled “The use of cash by households in the euro area... surveyed at 75 percent. The survey found that in 2016, euro area consumers made 1.6 payments per day on average, equalling nearly 11 payments per week. Of these, the average in the euro area was 1.2
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Greece in 2014: The risks and opportunities of moving forward
Agoraarea as its 18th member. It thereby becomes the second Baltic state to join the eurozone after... area and will be the poorest country in the single currency zone (measured in terms of GDP-per-capita... structural reforms implied. Euro area membership for Latvia and the rotating EU presidency for Greece
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Coalition seeks to quash concerns about complications with Hellenikon development
PoliticsGreek PoliticsReports that the Culture Ministry has launched a bid to categorise almost the entire area... or archaeological discoveries that may hold up the redevelopment plan. However, the site being declared an area... of exaggerating the potential impact of its plan. According to the ministry, the area that the ministry
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What Dijsselbloem didn't say
Agorato the discussion about the eurozone since the crisis broke out in the single currency area. “The north... states. The idea of there being a higher and lower ground in the euro area has also fueled..., the euro area’s overall current account “stayed moderately positive,” never exceeding 1 percent
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Wolfgang at the door
Agorasuch a bleak time for the euro area, are the main reasons that Schaeuble is seen by some as having... members of the euro area over the last years. Economic benefits Since 2010, Greece, Portugal, Spain... area have (inadvertently) worked in Germany’s favour. In 2013, it was reported that Berlin had saved
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Greece expects evidence of Turkish willingness to talk as Maas visits Athens, Ankara
PoliticsForeign Policy, an area that is disputed by Turkey. Ankara’s decision last Sunday to extend for four more days, until..., Athens is conducting from Tuesday air force exercises over a large area stretching from south... that it will respond with military means to any Turkish move to conduct researches in the sea area south of Crete
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Athens treads cautiously as Ankara keeps prodding in Aegean
PoliticsForeign Policyby a unilateral move by Turkey on Saturday to extend an area for Search and Rescue (SAR.... Via Twitter, the minister unveiled a new map where Turkey defines its new extended area of SAR... and rescue area that covers half the Aegean Sea, as delineated by a new Turkish law, is illegal
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Eurozone periphery condemned to low wages, demand, EC study suggests
Economyand then released again the next day, provided more fuel for the austerity debate in the euro area... on the decisions taken by core euro area countries, particularly Germany, which has been setting the tone.... However, economist Jan in ‘t Veld is clear in his criticism on the euro area opting to simultaneously
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Newsletter 46 - 09/10/2015
or increasing contributions in specific funds. The MoU calls for a reduction of red tape, including in the area... as the reduction in the administrative burden of companies, based on OECD recommendations. On the area of anti-smuggling, an area where the SYRIZA-led government said it would focus on being elected to power
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