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  1. Lack of new orders and sharp drop in production lead to weak PMI in August

    EconomyMacroeconomy

    successive month in August significantly dropping from the previous month mainly reflecting a lack... 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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  2. Newsletter 41 - 04/09/2015

    Newsletters

    . This would be a complicated administration to bring together, mainly due to the differences between SYRIZA... shortfall. As regards July in particular, these mainly relate to the non-payment by the eurozone

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  3. Greek bank recapitalisation: The story so far and what lies ahead
    Photo by MacroPolis

    Economy

    . The few details that have emerged so far mainly relate to the macro assumptions in the baseline.... Those needs mainly resulted from PSI and credit losses following a diagnostic study, conducted

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  4. Budget revenues rebound in August but shortfall remains at 4.2 bln

    EconomyMacroeconomy

    understanding is that this mainly reflects the payment of the personal (PIT) and corporate (CIT) income taxes... to 24.72 billion, 2.8 billion below target. The bulk of this outperformance was mainly created in 3

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  5. Pension reform to be one of new government's toughest challenges in next weeks
    Photo by MacroPolis

    EconomyProgramme

    government had voted on July 15 a series of pension reforms, which mainly included: 1) An increase..., which are mainly related to: 1) Equivalent measures to fully compensate for the court ruling ordering

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  6. PMI rebounded in September, but survey data still point to a downturn on lack of new orders

    EconomyMacroeconomy

    Greece’s Manufacturing PMI further rose by 4.2 points to 43.3 in September from 39.1 in August, Markit said on Thursday. Nevertheless, the latest data still point to a significant downturn mainly... mainly at consumer intermediate and investment goods producers, while foreign demand remained firmly

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  7. Lenders set out 49 milestones for Greece to meet before next bailout tranche

    EconomyProgramme

    ) 3) Amendments to the household insolvency law mainly related to tightening the eligibility criteria... the Code of Conduct Pensions The list of pension milestones mainly relate to commitments that have

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  8. Greek stocks post weekly rise of 5.6 pct, with banks rebounding strongly

    Economy

    The Greek stock market rebounded 5.6 percent this week with increased volumes after receding in the prior two weeks. Mainly led by NBG, bank shares strongly outperformed following a nosedive of more... shares are down by more than 15 percent. Bank shares rebounded by 31 percent this week mainly

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  9. Current account balance shows a surplus for third straight month, at 2.09 bln in August

    EconomyMacroeconomy

    . On the flipside, travel receipts grew by 7.1 percent to 10.44 billion mainly on the back... assets, mainly attributed to a decline in residents’ holdings of foreign bonds and T-Bills by 169

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  10. Newsletter 48 - 23/10/2015

    Newsletters

    , up by 12.5 percent from last year’s figure. The year-on-year improvement is mainly due to a drop...). Improvement mainly due to drop in goods and primary income deficits. 2 More old than new Tsipras fails to set

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