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Eurosystem funding falls by 4.46 bln in November, banknotes in circulation decline
EconomyMacroeconomyGreek banks’ Eurosystem funding fell by an additional 4.46 billion euros in November, Bank of Greece's (BoG) monthly financial statement revealed on Tuesday. The reduction led central bank funding... movement was driven by a drop in Emergency Liquidity Assistance (ELA) funding by 2.90 billion euros
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Manufacturing PMI moved back into contraction territory in March
EconomyMacroeconomyGreece’s Manufacturing PMI slowed to 49.7 in March from 51.3 in February, falling back below the 50-point mark that separates growth from contraction, according to Markit. The drop in the headline index is attributed to slower growth in output and new orders coupled with lower stocks and employment
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Manufacturing PMI rises again, reaching 51.1 in April
EconomyMacroeconomyGreece’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 output and new orders coupled with a growth
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March fall for Greek industrial turnover is ninth in 15 months
EconomyMacroeconomyan improving trend in April rebounding back above the 50-point mark that separates growth from contraction
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Data for May shows Greek PMI in growth territory for second straight month
EconomyMacroeconomyGreece’s Manufacturing PMI remained above the 50-point mark, which separates growth from contraction, for the second straight month in May, albeit marginally easing by 0.1 points to 51.0, according to Markit. This was the fourth reading so far in 2014 for which the headline figure remained
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Greek PMI up to 50.1 in August, employment and profitability still falling
EconomyMacroeconomyGreece’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
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Industrial turnover up 0.4 pct in July for rare second straight month of growth
EconomyMacroeconomyby 1.4 points to 50.1 in August, moving above the 50-point mark, which separates growth from
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Greek PMI drops into contraction territory in September, falling to 48.4 points
EconomyMacroeconomyGreece’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
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Growth, recovery, change and other words lost in the wind
Agoraof language, though, is unfortunate. It dragged him over the line that separates well-intentioned
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Greek industry's turnover index on the slide again in August after previous rises
Economyby 1.7 points to 48.4 in September - below the 50-point mark that separates growth from contraction
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