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Greek shares up for the third straight week on strong performance from banks
Economyin a row. The quadriga’s mission chiefs concluded on Friday their 3-day visit to Athens, the first after... on a milder recession this year, at -1.3 percent versus -2.3 percent expected two months ago
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Deal with lenders buys coalition more time but not internal calm
PoliticsGreek Politicsitself in a difficult position on the foreclosure issue. The scheme it has agreed with the quadriga... to 100 million euros a year in benefits to help pay their mortgages. Tsakalotos says that another 35
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Prior actions completed, coalition now faces up to first review and contentious reforms
PoliticsGreek Politicsto be a prominent part of negotiations with the quadriga in January. Reports on Tuesday suggest that the lenders see next year’s shortfall at around 900 million euros, or about 0.5 percent of GDP... protested en masse in Athens against these proposals, leading the government into the uncomfortable position
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Greece, eurozone edge closer on pensions and fiscal gap but IMF keeps bar high
EconomyProgrammethe quadriga heads to return in the first ten days of March. He also confirmed that the estimates of the three... savings for this year.
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Athens and creditors edge closer on tax and pensions but gap remains on NPLs
EconomyProgrammewith quadriga that ended at 1 a.m. on Friday morning. He noted that “we are very close to an agreement... stance on mortgages backed by primary residences. It proposes a three-year moratorium. Tsakalotos
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Lack of new orders and sharp drop in production lead to weak PMI in August
EconomyMacroeconomy, continuing the trend evidenced in the course of this year. The decline reflects reduced buying activity driven by lack of production and decline in new orders. A further deterioration in vendor... highest pace over the past 1.5 year mainly led by a lack of raw materials, while stocks of purchases also
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Manufacturing remains in expansion in May amid client demand concerns
EconomyMacroeconomyoutput growth over the coming year “pinned on positive developments regarding government funding... S&P analysts. “Headwinds to growth began to exert themselves on expectations for the year ahead... deterioration in vendor performance was observed due to shortage of materials. Operating expenses
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PMI rise in Mar signals strong expansion, input costs at highest since 2022
EconomyMacroeconomytrend to five months. March data showed the sharpest rise in new sales in almost a year, supported... for almost a year. Improvements in demand conditions supported greater output, new order, input... S&P analysts. "Increased demand for inputs and a further solid deterioration in vendor performance
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PMI drops to 52 pts in Sep as manufacturing sector continues to grow
EconomyMacroeconomyrose on higher supplier prices, though inflation eased to a near two-year low amid vendor discounting. Firms raised selling prices modestly, with one of the slowest increases in a year to stay
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PMI starts 2026 strongly, despite cost and supply chain pressures
EconomyMacroeconomyat the start of the year. Operating expenses rose at a marked pace, with cost inflation accelerating... for the coming year was also boosted by expectations of growth across the Greek economy”, noted S&P... blockages, and international logistics disruptions led to longer input lead times, with vendor performance
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