Search
-
PMI falls to 46.7 in Mar on drop in new orders but outlook positive for next months
EconomyMacroeconomyGreece’s Manufacturing PMI fell by 1 point to 46.7 in March, almost offsetting the rise of 1.1 points recorded in the previous month, Markit survey showed on Monday. The March headline figure represents the seventh straight reading below the 50-point mark. The deterioration is largely attributed
5% -
Squeezed at home, ministers return to Brussels to look for deal with lenders
PoliticsGreek Politicsin the talks appears to have been created when Tsipras objected to plans for pensions to be cut by 1 percent
5% -
Report reveals just 0.4 pct of taxpayers owe 85 pct of total tax debt
EconomyMacroeconomytaxpayers owe more than 1 million euros each for a total amount of 74 billion (80 percent of total
5% -
Trade deficit surges 17.7 pct in Feb on double-digit growth in imports
EconomyMacroeconomyby 2.5 and 1 percent respectively, while the corresponding trade deficit dropped by 4.4 percent
5% -
Stocks finish week on high after progress at Eurogroup
Economyby Viohalco (-3.2 percent), Grivalia Properties (-1.8 percent) and Mytilineos (-1 percent). Overall, only
5% -
Industrial production rises at record high rate of 10.8 pct in Feb
EconomyMacroeconomyManufacturing PMI dropped by 1 point to 46.7 in March, which represents the seventh successive sub-50 reading.
5% -
IMF downgrades Greek GDP and unemployment forecasts
EconomyMacroeconomystands at 1 percent for 2022, lower than its previous forecast of 1.8 percent for 2021. The report also
5% -
Budget primary surplus falls to 1.1 bln in Q1, slightly above target
EconomyMacroeconomy), while primary expenditure climbed by more than 1 billion MoM. As a result, the budget balance also
5% -
IMF revises fiscal estimates upward, sees debt ratio at 162.8 pct in 2022
EconomyMacroeconomyat zero (from -3.4 percent of GDP) in 2016, at -1.5 percent (from -2.7 percent) in 2017 and at -1
5% -
Industrial turnover continues on upward curve with 20.9 pct rise in Feb
EconomyMacroeconomylevel since last November. In addition, Markit’s Manufacturing PMI edged down by 1 point to 46.7
5%