
On 29 May 2017, the Council extended EU restrictive measures against the Syrian regime until 1 June 2018. This decision is in line with the EU strategy on Syria, which states that the EU will maintain its restrictive measures against the Syrian regime and its supporters as long as the repression of civilians continues. At the […]

The Eurogroup 0f December 5th will discuss draft budgets of the euro area member states, will be briefed on the ongoing second review of the Greece’s economic adjustment programme and will adopt its work programme for the 1st half of 2017.

“The global economy has the prospect of modestly higher growth, after five years of disappointingly weak outcomes,” OECD Secretary-General Angel Gurría said while launching the Outlook.
In his speech last year, the EU’s first elected Commission President talked about having greater unity and honesty. But instead of citizens getting closer to the EU, British people voted to leave it. Mr Juncker needs to show a faltering EU is not failing.
According to the latest data released by Bank of Greece, total credit dropped by 0.2% m-o-m and 1.9% y-o-y (March: -2.1% y-o-y) to €202.1bn in April ‘16. Net flow remained negative, although on a decelerating pace, on net deductions of €117m from net outflows of €146m in March ’16. In particular, Ø Corporate lending remained […]