The lack of meetings between Greece and its lenders until Wednesday afternoon meant that the government’s efforts to dispel rumours of a rift between Prime Minister Alexis Tsipras and Finance Minister Euclid Tsakalotos dominated political discussions during the course of the day.
Greece’s Manufacturing PMI improved by 1.1 points to 47.7 in February, after falling to a 16-month low of 46.6 in January, Markit’s survey showed on Wednesday.
Greece is experiencing one of its regular bouts of schizophrenia, when its mood swings wildly, what it wants changes abruptly and what is considered good one day can become bad overnight.
There was a low-key start to the negotiations between Greece’s lenders and government officials in Athens on Tuesday.
Greek household retail giant Jumbo has released its H1 results, showing that net profit increased by 12 percent in the first half of the current fiscal year, rising from 72.5 million euros in the same period last year to 81.4 million euros.
Ranked 32nd on a 38-strong list, Greece is lagging behind most other developed countries when it comes to spending on research and development.
It has usually been the case during the last seven years that when a Greek government is nearing an agreement with its lenders, there is an upsurge in the amount of misinformation, disinformation and downright propaganda that Greeks hear and read.