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Industrial production down 0.3 pct in Aug for first fall since Mar
EconomyMacroeconomyby 1.2 points to 49.2 in September resuming again below the 50-point mark that separates growth from
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PMI rebounds to 47.7 in Feb but shows deterioration for sixth straight month
EconomyMacroeconomyGreece’s Manufacturing PMI improved by 1.1 points to 47.7 in February, after falling to a 16-month low of 46.6 in January, Markit’s survey showed on Wednesday. The February reading indicates the sixth successive reading below the 50-point mark that separates growth from contraction. The ongoing
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IMF insists fiscal targets unrealistic, cites historical evidence to support case
EconomyProgrammeFrom the start of Greece’s third European Stability Mechanism, programme in the summer of 2015, the International Monetary Fund had been calling for realistic assumptions in the assessment of Greece’s debt sustainability. One of those assumptions, which still separates the Fund and eurozone
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Mitsotakis vows to push on with tax cuts despite fiscal concerns
PoliticsGreek Politicsapproach. “If something separates us from previous opposition parties, it is that we have been measures
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Newsletter 435 - 04/10/2024
, just a whisker above the 50-point mark that separates growth from contraction in the manufacturing
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Newsletter 443 - 29/11/2024
with 24 pct. PASOK is 10 percentage points behind with 14 pct, while another 6.5 pct separates it from
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Bank of Greece outlines challenges to SME funding, gaps in knowledge
EconomyFeaturesThe Bank of Greece (BoG)’s December 2018 economic bulletin laid out some of the funding challenges... factoring the state of the economy and banking sector. The findings showed that firm size... been more active in requesting financing. Funding constraints were also found to be linked
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Eurosystem funding down by 1.4 bln in Jan due to lower reliance on ECB funding
EconomyMacroeconomyGreek banks’ Eurosystem funding fell for the seventh successive month, albeit at a slower pace... bank funding slipped to 106.09 billion euros in January from 107.51 billion in December... entirely reflects a decline in ECB funding by 1.35 billion euros. This movement follows a rise by 2.68
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Eurosystem funding drops by another 4.3 bln in July, largely on reduced ELA reliance
EconomyMacroeconomyGreek banks’ Eurosystem funding continued heading south for the thirteenth month in a row in July... (BoG) monthly financial statement showed on Thursday. As a result, central bank funding fell... reflects a decline in the Emergency Liquidity Assistance (ELA) funding for the third successive
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Eurosystem funding falls by 3.58 bln in September
EconomyMacroeconomyGreek banks’ Eurosystem funding fell by another 3.58 billion euros in September, Bank of Greece's (BoG) monthly financial statement revealed on Thursday. Due to the reduction, central bank funding... mostly by a fall in Emergency Liquidity Assistance (ELA) funding by 2.37 billion euros. European
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