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Return to investment grade overshadowed by flood destruction
Economythat all productive capacity in the area has been lost, fields have become unworkable and animals have drowned, making the area mostly uninhabitable. Scientists are urging people to avoid the area.... The area was three years ago again affected by floods and the fiscal cost was estimated at 800 million
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The complexities of regaining market access: Could Greece learn from Portugal?
Agora. Greece was the first euro area member to be priced out of sovereign debt markets almost four years ago... is by no means assured during the course of 2014. Portugal is currently the only euro area member... revenue streams from privatisation projects illustrate, underperformance in this area has necessitated
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No victory, just plenty of misery
Agorain the single currency area. Looking at the situation in a number of eurozone countries, and Greece.... It is also difficult to believe that the euro area’s lead country, Germany, can base such crucial... averted the euro area’s collapse was deemed incompatible with German law by the country’s Federal
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OECD report paints grim picture for Greece's labour market
EconomyMacroeconomy) and Portugal (14.3 percent). In the euro area the jobless rate stood at 11.6 percent in May... a 1.7 percent increase recorded in 2012. The respective figure for the euro-area countries grew 0.8... percent lower than the OECD average and 26.8 percent that of Spain. Compared to the other euro-area
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Greek time deposit rate down to 1.88 pct in November, lowest since euro entry
EconomyMacroeconomyaccessed the euro area in 2002. The year-to-date (YtD) drop in the time deposit rate reached 94 bps... in excess of the euro area average of 1.05 percent and more than 60 bps higher than the respective... higher than the average euro area rate. In the corporate sector for loans related to lower amounts
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Gender stereotyping rife in workplace, say Greeks
Societyto the Eurobarometer survey (pdf), “at work” was the most widely cited area of life in 22 member states where... the two countries where respondents perceive the greatest positive change in the area of gender... of violence, sexual violence (including rape, sexual assault and harassment) should be a priority area
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Newsletter 36 - 24/07/2015
shaken in spring 2010, everyone in the euro area would have felt the effects of a financial disaster... in 2010, which saw each country in the euro area as an island battling against the irresponsibility... economics and sensible politics can cohabit within the euro area. Failing to bring this two elements
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Outflows ease to 1.5 bln in July but deposits reach lowest level since May 2003
EconomyMacroeconomygeneral government as well as euro and non-euro area residents – fell by a slightly lower amount (1.35... since November 2003. The negative flow of total deposits reflects private sector and other euro area residents’ outflows of 1.51 billion and 241 million respectively partially offset by non-euro area
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Newsletter 52 - 20/11/2015
to tighten passport checks at the external borders of the 26-member Schengen area. The Dutch... travel for EU citizens into this condensed area, it would also prevent refugees making their way...-Schengen” area. At the same time, Turkish Prime Minister Ahmet Davutoğlu pledged cooperation on the flow
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Greece being boxed in by refugee crisis and security concerns
Agoraof the 26-member Schengen area. The Dutch government, meanwhile, has put forward the idea of creating... to reports, apart from preventing passport-free travel for EU citizens into this condensed area, it would... be housed in transit camps outside the “mini-Schengen” area. At the same time, Turkish Prime Minister
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