Search
-
PMI up to 48.2 in April as new orders fall again, but outlook for year remains positive
EconomyMacroeconomythe eighth sub-50 reading. The latest downturn reflects a continued drop in new orders, further drop... that “The latest data highlighted a further deterioration in the health of the Greek manufacturing sector
2% -
CPI increases by 1.6 pct in April
EconomyMacroeconomyΤhe Greek Consumer Price Index (CPI) increased by 1.6 percent in April after rising by 1.7 percent in the previous month, Hellenic Statistical Authority (ELSTAT) data showed on Wednesday. The latest... a deflationary environment that prevailed in the last four years with the latest CPI falling by 0.8
2% -
European Commission's DSA reveals serious concerns over debt sustainability, need for relief
EconomyProgrammewith the latest EC economic forecasts (2.1 percent in 2017 and 2.5 percent in 2018) levelling off.... This is significantly lower than the IMF forecast of 2.8 percent as of 2022 included in its latest DSA
2% -
Bond issue mulled amid pressure from judiciary clash, Varoufakis claims
PoliticsGreek Politicsthe Council of State blocked last autumn the government’s tender for TV licences. The latest conflict arose... of implementing a parallel payment system or taking Greece out of the euro. SYRIZA responded to the latest
2% -
PMI stays at 50.5 in July with second positive reading in 11 months
EconomyMacroeconomyon the latest developments in Greece’s manufacturing sector, Markit analysts said that though a second... was pointed to as a positive development. “Business confidence was also a positive feature of the latest
2% -
Healthcare next stop for Tsipras amid Georgiou case fallout
PoliticsGreek PoliticsA day after government MPs approved a draft law introducing changes to the way Greek universities are run, the coalition focussed on a healthcare bill that represents its latest attempt to show... that the private sector should have a greater presence in healthcare. This is the latest area
2% -
Fitch upgrades Greek rating to B-, sees debt sustainability improving
EconomyFitch on Friday became the latest agency to upgrade Greece’s long-term credit rating, raising it to B- from CCC with a positive outlook. Fitch believes that Greece’s debt sustainability will steadily... two 'B-' and one 'CCC' ratings. Also, Fitch's latest rating is also six notches below investment
2% -
PMI climbs to 52.2 in Aug, highest for nine years
EconomyMacroeconomystaff taking the latest cycle of increasing hiring activity to four months. This round of job... of economic malaise, the latest data will be music to the ears of many concerned with the Greek manufacturing
2% -
Centre-left leadership candidates step forward as unity doubts linger
PoliticsGreek PoliticsNikos Androulakis. The leader of centrist Potami, Stavros Theodorakis, became the latest hopeful... than a weak PASOK. However, there is still a long way to go before the latest effort to unite
2% -
GDP rises by 0.5 pct in Q2 as signs of recovery emerge
EconomyMacroeconomy, with private consumption representing close to 70 percent of the headline GDP number. The latest... services imports jumped by 15.7 percent YoY. 2017 outlook The latest government projections
2%