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May PMI still in expansion as firms report supply chain and cost issues
EconomyMacroeconomyit was the slowest since January. The pace of increase of new export orders was also strong, driven primarily by key... and the strongest in the last three months. “Greek manufacturers continued to signal a strong
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Electricity and manufacturing boost industrial production for 6.7 pct growth in June
EconomyMacroeconomywas up by 3.5 percent. Electricity supply recorded a strong rise of 21.2 percent. The manufacturing... improving for more than a year, however June’s reading is the weakest in 2024. New orders remained strong
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Megafire surges into Athens suburbs, posing major challenge for PM
PoliticsGreek Politicsof the biggest. What shocked Greeks more than the magnitude of the blaze, which was fanned by strong winds... that the response to the Varnavas fire was quick, but that the strong winds made the blaze difficult to contain
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Newsletter 435 - 04/10/2024
the area on Monday, wreaking havoc. However, ND continues to maintain a strong lead over a relatively... are that Kasselakis still has strong backing. Of those questioned, 43.5 pct backed Kasselakis, 25.8
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PMI rebounds strongly to 53.2 points in Dec but cost concerns persist
EconomyMacroeconomyGreece’s Manufacturing PMI recorded a strong rebound in December, rising to 53.2 points, from 51.2 points in November, according to S&P Global data released on Thursday. The conditions in Greek... of strong demand and new product launches. "The Greek manufacturing sector saw a pick-up in growth
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Inaugural 2025 bond breaks demand record, yield at 3.64 pct
Economy. The strong demand encouraged the PDMA to draw 4 billion euros with an issue of a 3.625 pct fixed... points and it quickly became evident that the issue was met with strong demand as within an hour
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Loans to corporations drive credit expansion of 8.9 pct YoY in Dec
EconomyMacroeconomyThe credit expansion in the Greek private sector remained strong in December, rising by 8.9 percent year-on-year (YoY), from 10 percent in the previous month, Bank of Greece (BoG) figures released... billion euros in November, with strong inflows over the last few months. The outstanding balance
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Despite slight moderation of PMI in Jan, manufacturing sentiment improves
EconomyMacroeconomypeak. Hiring activity remained strong, with full-time employment growth nearly unchanged from December... inflationary pressures. However, strong demand allowed manufacturers to raise their selling prices
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IMF's Article IV consultation notes progress, reiterates low long-term growth outlook
EconomyMacroeconomyremains positive, with strong real GDP growth, improving public finances, and a declining debt-to-GDP... over 50 percentage points since 2020. Strong tax revenue, bolstered by efforts to reduce tax evasion
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U.S. and China are still in reconnaissance mode, but for how long?
Agorain the second Trump administration as a senior counsellor for trade and manufacturing. A strong proponent.... This is yet another strong indication that China may be closing the gap with the U.S. in areas
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