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  1. Output and new orders drop to lowest since Mar 2021, forcing PMI down by 2.7 pts

    EconomyMacroeconomy

    in February 2021, a 16-month run. Lower new orders and weak client demand drove a decrease in output... of inflation on customer spending was felt more keenly by Greek manufacturers during June, as output

    55%
  2. Newsletter 6 - 5/12/2014

    Newsletters

    by 0.3 points from October to 49.1, according to Markit. Despite stable factory output, employment... by the current government, whose half-baked scheme for an early bailout exit has fallen to pieces

    51%
  3. IMF outlines areas in which Greece needs further reforms, where it should apply caution
    Photo via Flickr https://flic.kr/p/7BWNey

    EconomyProgramme

    as part of the regular monitoring cycle of assessing policies and the country’s capacity to repay... concludes that Greece’s capacity to repay the Fund is adequate, and public debt-to-GDP is projected... that a comparative cost-benefit analysis of the proposals by the HFSF and Bank of Greece are needed before proceeding

    47%
  4. Newsletter 37 - 31/07/2015

    Newsletters

    ministers are rather critical of such beggar-thy-neighbour policy recommendations issued by the IMF... the proceedings on time. By Jens Bastian

    43%
  5. From the troika to the quartet
    Photo by Harry van Versendaal

    Agora

    and various eurozone finance ministers are rather critical of such beggar-thy-neighbour policy... to conclude the proceedings on time. *An earlier version of this article appeared in last week's e-newsletter

    43%
  6. Credit origination and transmission: Are Greek banks part of the problem or the solution?
    Photo by Harry van Versendaal

    Agora

    and the disposable income base of citizens having to repay loans. On all three fronts the outlook... Reestructuración Bancaria’ (Company for the Management of Assets proceeding from Restructuring of the Banking

    40%
  7. Europe missed an opportunity on banking union
    Illustration by Manos Symeonakis [http://www.cartoonmovement.com/p/6035]

    Agora

    and proceeding with recapitalisation wherever it is needed is a fundamental precondition for economic recovery. European businesses, in contrast to those in the USA which mainly draw funds from the bond

    38%
  8. Foreign minister quits government, heaping pressure on Tsipras
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    and his foreign minister seemed much closer on their approach to the USA, where both were happy... best by Athens to let things cool down before proceeding to reach an agreement with Tirana. Kotzias

    38%
  9. Newsletter 50 - 06/11/2015

    Newsletters

    proceeds will then be used by the bank to repay the 1.5 billion CoCos it would receive sometime next year... fell and production contracted, albeit at a slower pace. Output levels continued falling in October.... The objective of PPS is ultimately to measure Portugal’s capacity to repay its outstanding loans

    36%
  10. Athens struggles with civil service evaluation, reduction of arrears
    Photo by MacroPolis

    EconomyProgramme

    to repay its loans if given the appropriate assistance, likening it to the help Germany received... economies can fully repay rescue loans if the repayment obligations are stretched for a long time and do not exceed a threshold of 15 to 20 percent in relation to economic output,” he said

    36%