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PMI edges down to 48.7 points in October as output declines at fastest rate since May
EconomyMacroeconomyGreece’s manufacturing PMI slipped to 48.7 points in October from 50 points in September, according to the latest data from Markit. According to Markit, readings over 50 and above indicate overall improvement, meaning that the latest figure signals an overall deterioration in the Greek
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Greece to enter second lockdown as govt faces criticism over 'total failure'
PoliticsGreek Politicsdeaths, and 179 patients intubated in ICUs across the country. According to the latest figures.... The lockdown announcement was accompanied by a presentation of the latest scientific data by the chair
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Health system feeling strain of Covid-19 second wave
PoliticsGreek PoliticsGreece entered the first working day of its new national lockdown on Monday with the focus on the health system’s capacity for dealing with Covid-19 cases, which continue to grow despite the latest... in – the national health service’s ability to take the strain is the main issue attracting attention. In its latest
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Dendias issues reminder for EU and Turkey ahead of December council meeting
PoliticsForeign Policyadvantage of the withdrawal of the Oruc Reis research vessel on November 29, when its latest NAVTEX... to discuss the latest developments in East Med while he also talked with the UK Foreign Secretary Dominic
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Deposits rise by 2.53 bln in October
EconomyMacroeconomyincreased by 1.30 billion euros. Time deposits fell by 128 million euros. The latest deposit movement took... for the same period last year showed inflows of 5.39 million. The latest aggregate balance is attributed
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Retail turnover and volume both drop by 3.5 pct in September
EconomyMacroeconomyGreece’s retail sales index decreased by 3.5 percent in September following a revised drop of 0.9 percent in August, Hellenic Statistical Authority (ELSTAT) data showed on Monday. The latest month’s... percent compared to August, while volumes were unchanged month-on-month. The latest business
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Updated IMF DSA sees Greek debt as sustainable in medium-term, risks over long-term
EconomyMacroeconomyThe International Monetary Fund (IMF) issued this week the latest post-programme monitoring report, the second since the summer of 2018, when the last programme ended. The first report was published... consultation with the latest Article IV report issued in November 2019. Since both previous official
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Govt struggling to keep coronavirus threat at bay
PoliticsGreek Politicsinsisted that the, albeit curtailed, tourism season was not the main reason for the latest outbreak... reduction in the centre-party’s lead over its rivals in overall terms. Opinion poll The latest ProRata poll
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OECD sees heavy hit from pandemic, gradual recovery in 2021 picking up pace in 2022
EconomyThe OECD has released its latest economic outlook showing that Greece is unlikely to escape a significant economic downturn due to the second wave of the virus. In line with the Ministry of FInance’s latest budget, the OECD also sees a contraction go 10 percent in GDP this year. Recovery in 2021
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Newsletter 277 -11/12/2020
to Christmas. The latest coronavirus data does not give the government any greater room for manoeuvre.... The latest reading is the lowest since July 2015 when it fell by -2.2 percent. The data showed
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