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Restricted Cash, Deposits and Marketable Securities (Schedule of Restricted Cash) (Details) - EUR (€)
€ in Thousands
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
[2]
Disclosure of Restricted cash deposits and marketable securities [Abstract]      
Marketable securities € 2,162 [1] € 972 [1],[2] € 5,971
Short-term restricted cash 3,265 [3] 15 [2],[3] 73
Restricted marketable securities [4] 3,250  
Long-term restricted non-interest bearing bank deposits [5] 1,458 1,089  
Restricted cash and long-term bank deposits [6] 2,202 4,045  
Long-term restricted cash and deposits € 3,660 € 5,134 [2] € 4,886
[1] During 2016 and 2017, the Company invested in a traded Corporate Bond (rated Baa3 by Moody's) with a coupon rate of 3.389% and a maturity date of December 30, 2018. 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] Please refer to note 2C for functional and presentation currency.
[3] Current accounts and bank deposits securing short term obligations.
[4] Marketable securities securing the Company's Forward contracts.
[5] Deposits used to secure obligations towards the land owners and to secure obligations under financial leasing agreements and loan agreements (see Notes 10 and 11).
[6] Bank deposits securing the Company's swap and Forward contracts. The annual interest rate as of December 31, 2016 was 0.35% - 0.4%. During 2017 the deposits were released due to the closing of the said swap and Forward contracts.