Data
The investment comprises a 5-star hotel with 123 rooms and suites, as well as 17 branded luxury residences / apartments.
A small increase in the surplus of the services balance is due to an improvement in the other services balance, as well as in the travel balance, while the transport balance deteriorated.
The banking sector’s capital adequacy improved further to a satisfactory level, above the regulatory minimum.
The European Commission's Spring 2023 Economic Forecast unveils an improved outlook amid persistent challenges.