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  1. SYRIZA cites support of six extra MPs as sign of stability, opposition protests
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    , that they intend to support the government’s legislation. The MPs concerned are Spyros Danellis, Elena... unusual step for lawmakers who are not part of the government to pledge their allegiance

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  2. Weak demand and adverse weather reflected in Sep PMI, barely in expansion territory
    Photo by Giannis Papanikos/Fosphotos

    EconomyMacroeconomy

    Greece’s Manufacturing PMI remained in expansion territory in September, although it fell... February as firms cautiously added positions to support the backlog of work. Greek manufacturers also had... the start of the year, driving a softer upturn in output”, said S&P analysts. They added that "subdued

    46%
  3. PMI shows slight improvement in Oct, sector outlook improves
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    EconomyMacroeconomy

    Greece’s Manufacturing PMI recorded a moderate recovery in October, rising to 51.2 points, from.... It is hoped that cooling inflationary pressures and investment across the sector will help support growth... S&P analysts. "Encouragingly, input cost inflation softened for the third month running

    46%
  4. PMI falls to 51.7 in July, level of optimism drops to lowest in a year
    Photo via https://flic.kr/p/2cpZuTE

    EconomyMacroeconomy

    Greece’s manufacturing PMI dropped significantly in July to 51.7 points, from 53.1 points... also slowed to an eight-month low, though some hiring occurred to support production. Backlogs dropped... slipped to their weakest since last August amid economic uncertainty,” commented S&P analysts.

    46%
  5. Athens pleased with Washington talks despite lack of definitive US position on Turkey
    Photo via www.primeminister.gr

    PoliticsForeign Policy

    of the two countries as "fantastic". He also said that "the US will continue to support Greece's prosperity... identified before the trip: The US president's full support for the Greek positions vis a vis Turkey's... to support Greece if there is a so-called “hot incident” with Ankara. According to some diplomats, though

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  6. IMF examines where programme went wrong, what lessons were learnt
    Photo by Panayotis Tzmaros/Fosphotos

    EconomyProgramme

    stability and support competitiveness and growth. While Greece and its European partners expressed... contributed to the decline in political support for the program, while large increases in corporate taxes... and the OSI, public debt recorded a relatively modest immediate decrease to 305 billion euros (160 percent

    43%
  7. Greek manufacturing PMI virtually unchanged in Feb as uncertainty bites

    EconomyMacroeconomy

    Greece’s Manufacturing PMI rose by just 0.1 points in February to 48.4 from 48.3 in January... of purchases and a more marked deterioration in supplier delivery times supported the headline PMI... manufacturing PMI remained in contraction territory in February in a further sign that Greece’s economy

    40%
  8. Lack of new orders and sharp drop in production lead to weak PMI in August

    EconomyMacroeconomy

    After reaching a record low in July, Greece’s Manufacturing PMI improved by 8.9 points to 39.1... readings in history. The weak PMI in August – well below the neutral 50-point mark – was driven by a lack... substantial declines in demand from both the domestic and foreign markets.” “The headline PMI reading

    40%
  9. PMI falls again in October amid ongoing drop in output and new orders

    EconomyMacroeconomy

    Greece’s Manufacturing PMI edged down for the second straight month in October, when it fell by 0.6 points, after a drop of 1.2 points in September, Markit’s survey showed on Tuesday. PMI landed... in October, as a number of key PMI indicators fell further into decline intensifying the overall downturn

    40%
  10. PMI drops for third straight month to hit one-year low of 48.3 in Nov

    EconomyMacroeconomy

    Greece’s Manufacturing PMI fell for the third successive month, albeit at a slower pace of 0.3.... As a result, PMI edged down to 48.3, which is the lowest reading since November 2015. The ongoing... during November as the headline PMI slumped to its lowest level in one year.” “Weaker demand

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