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  1. PMI stable at 54.4 in Feb despite declining export orders and cost pressures

    EconomyMacroeconomy

    as international markets weakened”, said S&P analysts. "At the same time, strain on vendor performance

    13%

  2. Manufacturing PMI improves slightly in June, cost and export challenges persist
    Photo via https://flic.kr/p/N3FV1

    EconomyMacroeconomy

    companies citing investment in expanded capacity as a contributing factor. At the same time, vendor

    13%

  3. Golden Dawn support down to 2012 levels but with potential to rise again, poll shows

    PoliticsGreek Politics

    Support for Golden Dawn has fallen to pre-election levels according a new poll, which also suggests that about a fifth of Greeks do not have a dim view of the neofascist party despite the recent arrest of its leadership. The Alco survey published on Sun...

    12%

  4. When will Greek banks operate as credit institutions again?
    Photo by Harry van Versendaal

    Agora

    Despite the successful recapitalisation process and continued restructuring of the Greek banking sector, the credit transmission mechanism towards the real economy remains severely impaired. Two key reasons account for this severe deficit. Firstly, the ...

    12%

  5. Down but not out: Golden Dawn rears its head again
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Agora

    Draped across Golden Dawn party offices in a northern Athens suburb, a large white banner proudly proclaimed: “It takes a Metaxas to say No.” “No,” or “Ochi” day, when Greece refused to be annexed by Mussolini-led Italy in 1940 is celebrated in the coun...

    12%

  6. Unemployment rate inched up again in Sept to 27.4 pct
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    EconomyMacroeconomy

    The seasonally adjusted unemployment rate in September rose marginally to 27.4 percent, from 27.3 percent in August, according to data released by the Hellenic Statistical Authority (ELSTAT). The September rate is now just under the historic high of 27....

    12%

  7. Deposits up again in December but credit contraction continues apace

    EconomyMacroeconomy

    Greek private sector deposits increased 1.4 percent month on month (mom) for the second straight month in December with balances reaching 163.25 billion euros, according to the Bank of Greece (BoG). Net inflows stood at 2.35 billion in December from 394...

    12%

  8. SYRIZA stumbles again on way to May elections

    PoliticsGreek Politics

    SYRIZA landed itself in more hot water this week with its candidate choices for next month’s local and European Parliament elections, creating more doubt about the party’s credentials. The leftist party has dropped one candidate, another has been forced...

    12%

  9. Manufacturing PMI rises again, reaching 51.1 in April

    EconomyMacroeconomy

    Greece’s Manufacturing PMI improved by 1.4 points to 51.1 in April, according to Markit. This was the third reading so far in 2014 above the 50-point mark, which separates growth from contraction. The monthly movement was boosted by faster rises in outp...

    12%

  10. Greek credit contracts again in April but at slightly lower rate of 3.7 pct

    EconomyMacroeconomy

    The year on year (YoY) credit contraction in the Greek market decelerated to 3.7 percent in April from 4.1 percent in March, with balances easing to 215.14 billion euros, according to the Bank of Greece (BoG). Monthly net deductions slightly slipped to ...

    12%