Djukanovic wins Montenegro’s presidential election, Egypt to auction more oil and gas blocks, while Turkey's President announces early elections.
Greek labour costs increase by 2.2% in 2017, Croatia’s trade balance deficit widens,whileMorocco’s shadow economy is estimated at one-fifth of GDP.
Albanian protesters clash with police over tolls, Turkey starts building its first nuclear plant, while Sisi wins Egyptian elections with 97% of vote.
France’s Maastricht debt declines, Morocco tops list of investment destinations in Africa, while ESM approves €6.7 billion for Greece.
Italy’s trade deficit drops in January, consumers’ confidence in Turkey drops in March, while cruise passenger arrivals in Montenegro increase in 2017.
Construction activity in Greece improves in 2017, Egyptian exports to Turkey increase, while the Lebanese cabinet agrees 2018 budget.
Tunisia’s public debt increases, Spanish services sector records the strongest growth in 7 months, and New Egyptian refinery to begin test run in 2018.
Croatian-Maltese business forum held in Zagreb, French consumer confidence weakens, while EBRD signs MoU on road investment in Bosnia and Herzegovina.
Israel strikes major gas deal with Egypt, Greece’s C/A deficit widens in December, EU to recommend starting accession talks with Albania.
Greek bonds are under pressure, British tourists flock back to Tunisia, while Morocco hits record tourism numbers.
Croatia was Bosnia and Herzegovina’s top trade partner in 2017, Algeria scores low on economic freedom, while survey shows Greek firms hit by taxation.
France grows at fastest rate in 6 years in 2017, Turkey’s ECI rises in January, while a new cement plant is set to begin operations in Egypt.
EU funds France-Spain power link, UAE Group to invest in Egypt sugar factory, while Italian econ minister says debt reduction must be a priority.
Greece approves more bailout reforms, Egyptian exports rise in the first 10 months of 2017, while Slovenia’s budget deficit narrows in 2017.
Shell starts drilling another oil well in Albania, Croatia’s budget surplus increases, while Turkish automotive exports rise in 2017.
Spain & France were Morocco’s top trading partners in 2016, Greek manufacturing continues to expand, while Croatia expects record tourist arrivals.
Libya’s oil production falls due to pipeline explosion, Morocco receives a loan from France to buy locomotives, while Montenegro passes 2018 budget.
IMF visits B&H to unlock loan payments, Egypt-Saudi Arabia to connect their power grids, while BOI says banking crisis due to recession & EU rules.
Energy companies in search for oil in Eastern Med, current account balance & inflation drop in Egypt, while Italian bonds & stocks are under pressure.
Major logistics firm opens branch in Morocco, Croatia considers raising the minimum wage, while the EC voices concerns on Bosnia’s reform progress.
Egypt still interested in Israeli gas, EU Commission to investigate Spanish aid to coal plants, while Malta tops the list of cash-dependent economies.
Morocco and Mercosur start talks on a free trade agreement, Paris wins battle to host EBA, while Algerian FX reserves are expected to shrink further.
Greece to distribute excess primary surplus to people hit by austerity, New gas discovery in Morocco, and GAM warns of a crisis in Turkey.
Crete at the heart of major power link project, Morocco launches its first reconnaissance satellite, while Moody’s issues warning to Lebanon.
“Broad-based” recovery in Egypt, Tunisia asks banks to stop financing non-essential imports, and Morocco ranks first in North Africa for doing business.
Macron wants France to make peace with private business, Greece’s current account surplus goes up, while confidence continues to improve in Italy.
Israel-Cyprus-Greece to connect their power grids, Slovenia faces labour shortages, while Algeria, Libya and Syria score low on economic freedom.
Household cooking-oil recycling vital for Italy’s bio fuel producer, Turkey-US diplomatic tensions pose threat to trade and Israel’s tax revenue hits record-high in September.
Libya's commercial port reopens after 3-year closure, despite high inflation Ergodan reiterates unorthodox inflation - interest rate view and Spain’s borrowing costs increase amid Catalonian crises.
Egypt, Morocco & Tunisia among top ten investment destinations in Africa, Syria’s electricity production is increasing, and Greece drops to 86th place of the global competitiveness index.
The Mediterranean region as a whole has replicated the global picture of fewer births, with virtually every Med country seeing its fertility rate drop by 50% or more between 1960 and 2015.
For the majority of people in the developed world, having access to the internet means to be able to work, be informed and contact friends and relatives.
As we are already in the last month of summer and many of our readers are likely charging their batteries in one of the Mediterranean’s beauty spots, let’s have a look at how tourism has evolved in the region in the last 20 years.
Universal access to electricity is a key indicator of inclusive development. Many countries around the world still lack widespread access to electricity, lowering the quality of life of (predominantly) remote rural communities and acting as a serious impediment to economic and social advances.
Empowering women and girls is a key objective if Mediterranean countries are to reach their economic potential, as well as create vibrant, equitable societies. In a series of posts, we will examine how far Med countries have come in achieving this objective – starting by looking at female participation in primary education.
The Mediterranean has been shaped by trade since ancient times, and remains a vibrant economic space today. The overall value of Mediterranean exports to the rest of the world is about US$1.2 trillion.