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  1. Adverse weather pushes Jan manufacturing PMI to lowest level for 16 months
    Photo by Giannis Papanikos/Fosphotos

    EconomyMacroeconomy

    Greece’s Manufacturing PMI fell by 2.7 points in January after improving by 1 point in the previous month, the Markit survey displayed on Wednesday. The PMI landed at 46.6, which is the lowest reading since September 2015 and stands well below the long-run average of 49.4. The downturn is mostly

    13%

  2. Space and time the missing elements in Greek bailout talks
    Photo by Panayiotis Tzamaros/Fosphotos

    Agora

    that the government collects, another 1 billion is added to the massive pile of unpaid debts (totalling 95.29

    13%

  3. IMF argues case for further reform of pension system
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    rules to existing pensions, which could deliver savings of 1 percent of GDP in the medium-term

    13%

  4. Greek banks stepped up write-offs in 2016, provisions increased at slowest pace since 2008
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyBanking

    Greek banks stepped up the number of write-offs in 2016 compared to the previous years, the Bank of Greece (BoG) revealed. Specifically, write-offs in the Greek market reached a record high of 2.54 billion euros in 2016, up by more than 1 billion from the 2015 figure of 1.46 billion. The previous

    13%

  5. European Commission positive on Greece's macro and fiscal prospects
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    inflation of 1.3 and 1 percent is expected for 2017 and 2018 respectively. The key downside risks

    13%

  6. Q4 GDP contracts 0.4 pct QoQ, growth of 0.3 pct in 2016
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    percent in 2016. In the 9-month period of 2016, private consumption increased by 1 percent, while

    13%

  7. Greece near bottom of OECD rankings for spending on R&D
    Photo by Panayotis Tzamaros/Fosphotos

    Society

    was equal to just 1 percent of GDP in 2015. Greece came before Poland and Turkey (33rd and 34th place

    13%

  8. Newsletter 107 - 17/02/2017

    Newsletters

    write-offs in the course of 2016, reaching a record high of 2.54 billion, up by more than 1 billion

    13%

  9. Special ELSTAT report reveals dramatic changes in labour market since 1980s
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    this period, while that for women edged up 1 percent. The professional status is another feature

    13%

  10. Current account deficit widens to 933 mln in December, 2016 balance turns to deficit of 1.1 bln
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    at 6.54 billion in December from 6.53 billion in November, while rose by around 1 billion from

    13%