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New prior actions may prove obstacle as Athens talks intensify
PoliticsGreek PoliticsVelculescu representing the International Monetary Fund are all due to be together in Athens for the first
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Drop in corporate loan rates led the average loan rate at a new historic low
EconomyMacroeconomyin interest rates in most lending segments led the weighted average rate on all new loans down by 23
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Early rounds of talks with lenders focus on possible prior actions
EconomyProgramme(ENFIA). 7) Reduction in the price of all off-patent drugs and reconsideration of the limits in generics
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Manufacturing PMI falls to record low in July, new business sees biggest drop
EconomyMacroeconomyGreece’s Manufacturing PMI tumbled to 30.2 in July from 46.9 in June recording its lowest ever reading, according to Markit. The sharp deterioration was evident in almost all variables of the survey including output, new orders, employments and stocks. This was mainly led by the capital goods
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Rate of drop in apartment prices picks up again in Q2
EconomyMacroeconomyperiod. The evolution of the annual figures showed – with the exception of 2010 – all indices fell
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Unemployment rate fell to 25 pct in May, its lowest level in the last three years
EconomyMacroeconomyin the unemployment rate in all age groups. The most profound was in the 25-34 years old group by 3.4 pp
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Economic situation biggest worry for Greeks, latest Eurobarometer shows
Societyunemployment rate of all 28 EU countries, the populations of seven other countries, ranging from Spain (74
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Industrial production down by 4.5 pct in June for third monthly drop this year
EconomyMacroeconomyand the highest drop since August 2014. All sub-indices recorded a decline in June with the biggest
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Greece commits to ambitious privatisation targets as part of new bailout
EconomyProgrammethe privatisation processes and complete all needed actions that require government approval to allow
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European Commission's Greek DSA sees recession ahead, debt becoming unsustainable
EconomyProgrammepercent in 2020 and 148.2 percent in 2022. All three scenarios end up with a debt to GDP ratio way above
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