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PMI drops to lowest in more than a year at 53.8 pts, but manufacturing remains on solid ground
EconomyMacroeconomyoperating conditions in the Greek manufacturing sector. The overall expansion is the slowest since March... in backlogs since April 2021. “Greek manufacturers indicated a further improvement in operating conditions.... These challenges led to the slowest expansion in the latest 14-month period of growth, Greek
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Newsletter 445 - 13/12/2024
the stops to help Greek households. The socialists attempted to upstage the government ahead of the budget... points to 15.9 pct. Ultranationalist Greek Solution is in third on 8.8 pct. Mitsotakis... ground of Greek politics, an area in which the PM’s dominance seemed unassailable last year. According
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Weak demand and adverse weather reflected in Sep PMI, barely in expansion territory
EconomyMacroeconomy. This was the eighth straight month during which the conditions in the Greek manufacturing sector have... February as firms cautiously added positions to support the backlog of work. Greek manufacturers also had... slipping to a ten-month low. "The Greek manufacturing sector lost growth momentum in September
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Travel receipts drop 2.4 pct in Jan following lower foreign arrivals
EconomyMacroeconomy-minute offers during the peak period last summer, according to the Greek Tourism Confederation (SETE... to a 6.9 percent decline in non-residents’ arrivals to 520,400 in January, while the average expenditure per trip rebounded by 4.9 percent to 313 euros. The breakdown of foreign arrivals revealed
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Sharp increase in May arrivals, particularly from Germany, delivers travel balance boost
EconomyMacroeconomyrecent figures released by the Greek Tourism Confederation (SETE) showed international arrivals... percent in foreign arrivals, coming to a total of 2.45 million visitors for the month. The average.... The aggregate figure in foreign arrivals increased by 6.8 percent to 5.35 million travellers from 4.58
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Newsletter 94 - 04/11/2016
20 months. Household deposit rate falls Greek households’ new time deposit rate fell by 8 basis... be an oversimplification. There are particular reasons for the Greek economy remaining mired while Cyprus climbs out... the World Bank report, as if to drive this point home and rub salt into the wounds of the Greek
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More changes needed to unlock private sector's potential, report says
EconomyFeatures. It highlights that the Greek business economy experienced a 38 percent decline in gross added value since 2008..., have left the Greek economy in a particularly poor state, the report underlines. “In comparison to 2008...-intensity and technology in the Greek economy. Although there has been an increase in terms
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BoG sees broad economic impact from Covid-19, wiping out 2020 growth prospects
Economy– understandably – is dominated by the impact of Covid-19 on the Greek economy, leading to the central bank... segment, the central bank outlines in detail how the virus will hit the Greek economy, meaning that its... slow down further by 0.6 to 1.4 percentage points. BoG argues that although the Greek economy
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Turkey continues Aegean jostling as Athens sends envoy to Syria, renews backing for Western Balkans
PoliticsForeign Policyconditions permit following the pandemic of Covid 19. The Greek foreign minister is to continue talks... Turkish jets which harassed a helicopter carrying Greek Defence Minister Nikos Panagiotopoulos... that Greece will not allow Turkey to “militarise” the Greek-Turkish disputes. “We won’t go
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Newsletter 275 -27/11/2020
final report The Greek government has finalised, and submitted for approval to the European... of the tax service and of Greek businesses, smart transport infrastructure, justice reform, and targeted... of the projects have been on Greek governments’ wish-lists for years due to lack of funding. The specific
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