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Restricted Cash, Deposits and Marketable Securities
 12 Months Ended
Dec. 31, 2019
Disclosure of Restricted cash deposits and marketable securities [Abstract]  
Restricted Cash, Deposits and Marketable Securities
Note 5 - Restricted Cash, Deposits and Marketable Securities

   
December 31
  
 
  
2019
    
2018
  
   
€ in thousands
  
Marketable securities (1)
    
2,242
      
2,132
  
Short-term restricted cash (2)
    
22,162
      
*1,315
  
Short-term deposits (3)
    
6,446
      
-
  
Long-term restricted non-interest bearing bank deposits (4)
    
3,094
      
408
  
Restricted cash, long-term bank deposits (5)
    
7,862
      
4,992
  
Long-term restricted cash and deposits
    
10,956
      
*5,400
  

* Reclassified, see Note 2


 (1)
During 2017, the Company invested in a traded Corporate Bond (rated Baa3 by Moody's) with a coupon rate of 4.435% and a maturity date of December 30, 2020 and in 5.8% WACHOVIA Fixed Interest Float.

(2)
On December 16, 2019, the Company announced its intention to  repay the entire outstanding principal of the Company’s Series A Debentures on December 31, 2019. Due to technical issues related to  the clearing system, the Company executed a regular principal repayment of NIS 20,034 thousand (approximately €5,160 thousand) and the repayment  of the remaining outstanding principal balance was scheduled for January, 2020. On December 30, 2019 the funds designated for such repayment were transferred to the nominee company.

(3)
Bank deposits with annual interest rate as of December 31, 2019 of 0.58%.

(4)
Deposits used to secure obligations towards the Israeli Electricity Authority for the license for the pumped-storage project in the Manara Cliff in Israel and to secure obligations under loan agreements (see Note 11).

(5)
Bank deposits used to secure obligations under loan agreements (see Note 11).