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PMI grows for eighth month despite supply chain, inflation challenges
EconomyMacroeconomylevels despite the material shortages. The inputs inflation increased at a new series high as material... a common theme. Material scarcity will almost certainly threaten manufacturing output growth... however persist, with severe supply constraints and reports of shortages of materials and delivery
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Cairo Declaration inches Greece closer to hydrocarbons goal
PoliticsGreek PoliticsZone. Cyprus has already marked out its maritime zone after agreements with surrounding countries... of the Sea and challenges Greece’s right to outline its maritime zone. Ankara is upset that Cyprus has
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Fragility of summit pledge for border status quo already evident
PoliticsGreek Politicsthe Schengen zone. This could be considered as a minus but significant victory for the Greek... the Visegrad countries that are in favour of Greece’s exclusion from the Schengen zone. Council conclusions... from the Schengen zone. b. The reference that all the elements agreed last December should
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Turkey's actions in Cypriot EEZ put Athens, Nicosia on alert
PoliticsForeign Policythe Exclusive Economic Zone of the Republic of Cyprus. The European Union, the United States... restraint and to respect the sovereign rights of Cyprus in its exclusive economic zone. The US... Zone, even though the delimitation of its EZZ is not questioned by anyone but Turkey. Greece’s Defence
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Is Greece facing a new migration crisis?
Society-called “safe zone” for rehoming Syrian refugees in northern Syria. This year up until the start... to force agreement to the creation of a “safe zone” administered by Turkey in norther Syria, which is mostly interpreted as a buffer zone against Kurdish forces. There is little direct evidence
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FM visits Egypt and Cyprus with eye on EEZ, EastMed pipeline and new UN talks
PoliticsForeign Policyto Egypt for the delimitation of the exclusive economic zone (EEZ) between the two countries...-Egyptian Exclusive Economic Zone. Liquefied natural gas (LNG) ships will then be able to transport... for the delimitation of the exclusive economic zone (EEZ) between the two countries. However
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Meeting of Greek, Turkish foreign ministers raises hopes for constructive dialogue
PoliticsForeign Policythe delineation of the continental shelf and the Exclusive Economic Zone. During the last couple... solutions of their main issue which was the delimitation of the territorial sea zone as a precondition for the opening of negotiations for the delimitation of the continental shelf/Exclusive Economic Zone
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Manufacturing growing at steady pace despite supply chain, inflation issues
EconomyMacroeconomyprices remain a concern, with transportation delays and material shortages leading to unprecedented rise... in production”, commented Markit analysts. "Transportation issues and material shortages led input costs... to a significant shortage in materials that constrained capacity. September also saw a significant rise
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Cost of Greek corporate loans rises in April, remains well above euro average
EconomyMacroeconomyand the limited deposit flow, this higher spread does not have any material impact on banks’ net interest income. On the loan front, the most material change was posted in corporate loans above 1 million euros... reflects the volume mix between the two sectors which traditionally show a material deviation
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PMI rises to 54.7 in March as first quarter comes to strong end
EconomyMacroeconomymonths, stemming from higher raw material costs and a poor harvest. However, firms sought to remain... prices. Input buying also picked up pace as firms replaced depleted raw material stocks. Overall... their output charges for the second month running following a sharp increase in raw material prices, despite
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