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Industrial turnover soars 19 pct in May for seventh successive month
EconomyMacroeconomyManufacturing PMI rose by 0.9 points to 50.5 in June, which is the first reading above the 50-point mark since... increased by 3.1 points to -7.3 in June to some extent offsetting the drop of -10.4 points posted
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SYRIZA tries to look forward but struggles to escape past
PoliticsGreek Politics” adopted at the behind-closed-doors meeting, which argues that the June 15 Eurogroup agreement gives... since Athens reached a deal with its creditors on June 15. The coalition attributes this approach
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Coalition faces demanding September on reform, fiscal and economic fronts
PoliticsGreek Politics. The performance assessment was supposed to have been completed by the end of June and the mobility...’s 371 recommendations when the last review was concluded in June. Arrears and taxes On top
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Eurobank records 40 mln net profits in Q2 and third quarter of negative NPE formation
EconomyBankingSheet Eurosystem funding declined by 1.9 billion euros QoQ to 13.8 billion in June and by another... of 5 billion in June. Gross loans edged down by 100 million to 50.1 billion in Q2 on the back of lower
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Centre-left leadership candidates step forward as unity doubts linger
PoliticsGreek Politicsof June by the University of Macedonia for Skai TV showed support for PASOK on 6 percent, leaving... to the June poll. This would leave the conservatives searching for a coalition partner to form
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Trade deficit up by 5.9 pct in July as export growth slows
EconomyMacroeconomyGreece’s trade deficit increased by 5.9 percent in July after dropping by 0.9 percent in June, Hellenic Statistical Authority (ELSTAT) data showed on Thursday. The increase was driven by a drop... the figure of 2.38 billion recorded in June. However, imports rose to 3.92 billion from 3.88 billion
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Industrial production grows 1.7 pct in July for tenth positive reading in a row
EconomyMacroeconomyGreece’s Industrial Production Index (IPI) increased by 1.7 percent in July following upwardly revised growth of 1.8 percent in June, Hellenic Statistical Authority (ELSTAT) data revealed on Friday... adjusted IPI fell month-on-month by 0.7 percent, a marginal change from the June decline of 0.8
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China’s Footprint in Southeast Europe: Constructing the "Balkan Silk Road"
Agoraof the country. Launched in March and June 2014 respectively, the two projects are expected... his three-day state visit in June 2016. Xi sees Serbia playing a leading role in the cooperation
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Unemployment falls to 21 pct in July, lowest since Nov 2011
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment fell to 21 percent in July after an upwardly revised figure of 21.3 percent in June, the Hellenic Statistical Authority (ELSTAT) labour force survey... at 4.8 million in July, edging up from June to the highest level for the year so far. The latest data
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Athens rushing to reduce arrears and secure 800 mln in bailout funds
EconomyMacroeconomy1.25 billion euros at the end of June to 2.11 billion at the end of August. The stock of arrears to the private sector has jumped from 5.1 billion in June to 6.03 billion in August. In the draft budget
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