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Athens expands survey area off Crete, signs MoU with Egypt
PoliticsForeign PolicyGreece’s decision to issue a new Navtex, expanding the area of seismic surveys for hydrocarbon... (GNA) as well as Turkey. The request to expand the area of research was submitted by ExxonMobil..., the area is north of the median line that Greece has unilaterally defined as an external limit of its
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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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Member Area
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Statement on the support to Greece by Euro area Members States
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Finance Ministry's defence of economic record highlights area of policy weakness
EconomyMacroeconomyThe Greek government pulled out all the stops over the last couple of weeks in an attempt to defend its economic record, culminating in the Finance Ministry presenting a document outlining the seven areas in which Greece is outperforming its eurozone pe...
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