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Deposit outflows of 1.5 bln in Jan after seasonally high inflows in Dec
EconomyMacroeconomy. The lower negative flow in total deposits is fully attributed to other euro area residents and non-euro area residents’ inflows of 331 and 157 million respectively. The BoG’s annual report revealed
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ESM takes stock of Greece's sovereign vulnerability
EconomyProgrammeis regarded as the most vulnerable country in the euro area. It is worth pointing out that Greece’s... and relatively close to the rest of euro area average of 2.8.
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Greek SMEs struggle most for finance versus eurozone peers
EconomyMacroeconomyThe latest ECB semi-annual survey on the access to finance for enterprises in the euro area for the six-month period ending in March 2017 showed that Greek SMEs continue to face some of the biggest... higher than the euro area average of 9 percent. Access to finance was considered the least important
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UN steers clear of Cyprus blame game as focus moves to hydrocarbons
PoliticsForeign Policyin the area known as Block 11 in Cyprus' EEZ. Turkey immediately called on Cyprus to “refrain from... activities in 2011. On Monday, Turkey issued Navtex 711/17 by which it reserved an area including parts
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Fires latest obstacle to coalition's momentum-building efforts
PoliticsGreek Politicsthan three days in the area of Kalamos, north of Athens. The Tsipras administration also said... greater than the 1,500 hectares Tsipras had suggested was affected when he visited the area
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Rise in foreign arrivals pushes travel receipts up by 14.2 pct in June
EconomyMacroeconomyfrom the 28 EU countries improved by 7.9 percent to 5.3 million while those from the European area... the remaining European area rose by 17.6 percent to 831.4 million euros. Those from non-EU countries rose
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Macron arrives in Athens, kindling government's hopes
PoliticsGreek Politicsthe International Monetary Fund in the handling of crises within the single currency area... to correct some imbalances in the euro area. However, while the creation of a European Monetary Fund has
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Foreign arrivals push travel surplus up by 6.6 pct in July, average expenditure falls
EconomyMacroeconomythe remaining European area rose by 3.6 percent to 1.17 billion euros. Those from non-EU countries... area were up by 13.8 percent to 4.6 million. Arrivals from non-EU countries rose by 7.7 percent to 4.3
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An unsettling role-reversal for Greece and Germany
Agorahow enthusiastically Berlin would buy into Macron’s vision for euro area governance. Following... and education. This would mean the political system in Athens putting on ice any hopes it has of the euro area
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Tsipras hopes to move on after decision on ex-airport project
PoliticsGreek Politicsdecision that 30 hectares of the vast site (less than 5 percent of the total area) that is due to be built on by the Lamda Development-led consortium should be protected. KAS deems this area
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