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PMI drops to 48.4 in May, new orders down at sharpest pace in 8 months
EconomyMacroeconomyorder intakes, a drop in output and job shedding. In specific, the survey showed that the rate of drop in new order intakes was the sharpest over the past eight months and was linked to the financial... and plastics. Another finding of the survey was the deterioration of vendor performance for the 18th
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Athens cautious after Skopje suggests concession on name issue
PoliticsForeign Policyproposals regarding its provisional name in order to overcome its name dispute with Greece and become a NATO... to discuss changes in FYROM’s constitutional name in order "to unlock Greek opposition to his country’s NATO... contribute to finding a solution on the name issue. The Greek Foreign Minister will seek to continue
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Tsipras encounters obstacle in efforts to secure church deal
PoliticsGreek Politicsalso sees maintaining strong ties with the church as vital in order to keep its conservative supporters... bribed in order to secure the purchase of the C4I security system for the 2004 Athens Olympics... finding itself trying to ensure that the much-heralded agreement is not at risk of collapsing after
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Minister's actions put PM on the spot as politicians' loans stir controversy
PoliticsGreek Politics. “If you do not investigate them, I will come there and won’t leave until you order an investigation... ahead of the 2000 elections in order to help its campaign. Tsouakatos made the revelations while... Documento weekly, which claim that the same off-shore source provided finding for the latter’s business
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Survey attempts to map current contours of progressivism in Greece
Society, they risk forfeiting credibility to rivals promising both order and efficiency. The finding that 70.2... grievance and order-of-business items such as secularism and sex education. Key findings More than
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Greece's antitrust damages initiative comes into force
Legalin proceedings related to an action for damages, the court may order the other party or a third party to disclose.... It is also noted that decisions of the Greek and EU Competition Authorities finding an infringement... of the competent Greek and EU review courts, are binding before a Greek court trying an action for damages
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Greek banks push for return to normality
EconomyBankingthis deadline in order for banks to meet their funding needs with their own collateral once ELA funding... programme is already winding down with net purchases currently at 30 billion euros up to September
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Greece aiming to complete post-bailout monitoring this summer
PoliticsGreek Politicsthis, it will have to produce a fiscal adjustment of another 5 billion euros in 2023 in order to move towards the agreed primary surplus next year. The government hopes that the winding down of Covid relief
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The targets and deadlines in Greece's privatisation programme
EconomyProgrammethat accompanied the third MoU. As a prior action and in order to re-launch the privatization that has... will be updated on a semi-annual basis. b) Announce binding bid dates for Piraeus (OLP) and Thessaloniki (OLTH... and share purchase agreements by October, while binding offers are expected in November and parliament
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Newsletter 55 - 12/12/2015
waning appetite for reforms, the troika did not show the kind of flexibility he had hoped in order... in the near future with Piraeus Port (OLP), with the deadline for the submission of binding bids set... interest in the first half of the year, this changed The deadline for submission of binding bids for a 67
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