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Greek PMI edges up in March but exports, factory output fall
EconomyMacroeconomyGreece’s Manufacturing PMI improved for the second straight month by 0.5 points to 48.9 in March from 48.4 in February, according to Markit. However, the March headline figure remained below... been acting as a support to the sector but are now an area of weakness as uncertainty deters foreign
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Weak demand and adverse weather reflected in Sep PMI, barely in expansion territory
EconomyMacroeconomyGreece’s Manufacturing PMI remained in expansion territory in September, although it fell significantly to 50.3 points, from 52.9 points in August, according to S&P Global data released on Monday... February as firms cautiously added positions to support the backlog of work. Greek manufacturers also had
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PMI shows slight improvement in Oct, sector outlook improves
EconomyMacroeconomyGreece’s Manufacturing PMI recorded a moderate recovery in October, rising to 51.2 points, from 50.3 points in September, according to S&P Global data released on Friday. The conditions in the Greek.... It is hoped that cooling inflationary pressures and investment across the sector will help support growth
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PMI falls to 51.7 in July, level of optimism drops to lowest in a year
EconomyMacroeconomyGreece’s manufacturing PMI dropped significantly in July to 51.7 points, from 53.1 points in the previous month, S&P Global data showed on Friday. The latest data reflects a downturn in growth seen... also slowed to an eight-month low, though some hiring occurred to support production. Backlogs dropped
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Newsletter 286 - 26/02/2021
not support a loosening of restrictions at this stage. Greece recorded the highest number of daily... effects once support measures are withdrawn and weak business balance sheets could hamper the recovery..., Greece continues to provide extensive support to businesses and households, especially as mobility
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Tsipras tries to secure church's support in Macedonia name talks
PoliticsGreek PoliticsIeronymos to defuse the crisis. The prime minister also took the unusual step of going to see the head
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Athens pleased with Washington talks despite lack of definitive US position on Turkey
PoliticsForeign Policyof the two countries as "fantastic". He also said that "the US will continue to support Greece's prosperity... identified before the trip: The US president's full support for the Greek positions vis a vis Turkey's... to support Greece if there is a so-called “hot incident” with Ankara. According to some diplomats, though
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Greek competitiveness rank remains low as tax, bureaucracy create obstacles
EconomyFeaturescompared to where it lags. Many of the poor scores in the subpillars reflect areas where Greece’s lenders... scores were noted in the subpillars of the effect of taxation on incentives to invest (137 out
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Newsletter 250 -11/05/2020
on four pillars: the reopening of air connections, support of employment, financial support..., it will also introduce a package to support part-time employment by subsidising part of the loss... that it will continue to maintain the support of the Greek public, which is still high according to a new
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IMF examines where programme went wrong, what lessons were learnt
EconomyProgrammestability and support competitiveness and growth. While Greece and its European partners expressed... contributed to the decline in political support for the program, while large increases in corporate taxes... and the OSI, public debt recorded a relatively modest immediate decrease to 305 billion euros (160 percent
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