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  1. Greek PMI up to 50.1 in August, employment and profitability still falling

    EconomyMacroeconomy

    Greece’s Manufacturing PMI resumed an upward trend for the first time since April, rising by 1.4 points to 50.1 in August from 48.7 in July, according to Markit. This was the first reading above the 50-point mark - which separates growth from contraction - since May. The factory output showed

    3%

  2. Loan rates rebounded in July, deposit rates continued heading south
    Photo by MacroPolis

    EconomyMacroeconomy

    the 200-bps mark. The evolution of time deposit rates and T-Bill yields this year also reflect last

    3%

  3. Car sales up by 20.8 pct in August but rise continues to slow

    EconomyMacroeconomy

    the 20-percent mark for the fourth straight month, while it indicates the twelfth successive positive

    3%

  4. Industrial turnover up 0.4 pct in July for rare second straight month of growth

    EconomyMacroeconomy

    by 1.4 points to 50.1 in August, moving above the 50-point mark, which separates growth from

    3%

  5. Sudden jump in unpaid taxes last month takes total to almost 70 bln

    EconomyMacroeconomy

    remains above the 1-billion mark for the third straight month. Following the evolution in August

    3%

  6. New Democracy hopes to celebrate 40th anniversary with rallying call

    PoliticsGreek Politics

    The 40th anniversary of New Democracy’s founding is approaching and the party’s leadership is hoping it can use the moment as a rallying point for the increasingly despondent conservatives. New Democracy has planned two events to mark the occasion: One in Halkidiki on September 27 and another

    3%

  7. Credit in Greece contracts by 3.5 pct in August

    EconomyMacroeconomy

    . Balances further slipped to 99.18 billion euros, remaining below the 100-billion mark for the fourth

    3%

  8. Greek economic sentiment and consumer confidence fall for third month in a row
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s economic sentiment (ESI) decreased for the third successive month at an accelerating pace, falling to 99.3 in September from 102 in August, according to the European Commission (EC). The September reading is the first below the 100-point mark for the first time since May. Since the peak

    3%

  9. Greek PMI drops into contraction territory in September, falling to 48.4 points

    EconomyMacroeconomy

    Greece’s Manufacturing PMI dropped 1.7 points to 48.4 in September from 50.1 in August, according to Markit. The headline figure’s decline below the 50-point mark, which separates growth from contraction, suggests a deterioration of business conditions at the end of the third quarter. The drop

    3%

  10. Greek time deposit rates fall further in August

    EconomyMacroeconomy

    the 3-percent mark, while the rate for consumer loans without a defined maturity (mainly credit cards

    3%