Search
-
Credit standards for household, corporate loans unchanged in Q1
EconomyMacroeconomyThe Bank of Greece (BoG) released for the first time on Tuesday the results of the Greek bank lending survey for the first quarter (Q1) of 2015, which involves the four systemic Greek banks... information on the factors that affect the conditions for loan supply and demand. The BoG survey showed
3% -
OECD slashes 2015 growth forecast to just 0.1 pct, raises unemployment and debt figures
EconomyMacroeconomyIn its latest Economic Outlook report released on Wednesday, the OECD slashed its Greek GDP... Greek exports could be higher than anticipated as the impact of the competitiveness gains may... and deteriorating liquidity conditions that have undermined both business confidence and investment. As a result
3% -
Credit standards tougher in Q2, expected to tighten further
EconomyMacroeconomythe tightening is attributed to Greek bank liquidity conditions and difficulties in tapping money markets... that the terms and conditions for corporate loans tightened QoQ in Q2, while those for household loans remained broadly stable. BoG started releasing the Greek quarterly BLS this year and mainly involves the four
3% -
Manufacturing growth slows in March as slower demand, costs and energy weigh on sector
EconomyMacroeconomyfor eleven months. However, the numbers still point to growth territory for the Greek manufacturing sector. The report notes that output and new orders were softer, due to weak demand conditions Cost... by suppliers. “Greek manufacturers signalled a slowdown in growth at the end of the first quarter
3% -
Manufacturing continues to grow in April, sector sentiment highest since Jan 2022
EconomyMacroeconomymonth that the conditions in the Greek manufacturing sector have improved, leading to the second... confidence of Greek manufacturers rose to the highest since January last year, stemming from increased client demand and investment in marketing campaigns. “Manufacturing conditions in Greece continued
3% -
PMI moderates again in July to 53.2 pts as firms' confidence reaches 10-month low
EconomyMacroeconomyin June, according to S&P Global data released on Thursday. The conditions in the Greek manufacturing..., reaching a ten-month low, though firms remained generally optimistic about future output. “The Greek... favourable sales conditions. There was also an upturn in new export orders, with anecdotal evidence
3% -
Q2 GDP contraction at 0.3 pct, strong Q3 needed to achieve target of annual growth
EconomyMacroeconomyin international tourist arrivals. The more updated figures provided by the Association of Greek Tourism... arrivals at the main Greek airports up by 14.9 percent in July and 16.5 percent in the 7-month...Greek non-seasonally-adjusted GDP contracted 0.3 percent year on year (YoY) in the second quarter
3% -
Greece not seen meeting milestones soon, refugee rise may add to tension
PoliticsForeign PolicyThere was little encouragement from Brussels so far this week for the Greek government ahead... Pierre Moscovici and Greek Finance Minister Euclid Tsakalotos and Economy Minister Giorgos Stathakis..., the new independent revenue agency, pension reforms and bank governance. The Greek government
3% -
Taking a macro snapshot
Agorawhich was followed by a wave of positive publicity efforts by the Greek government which even included...? Is the good news simply lost as the crisis tests the Greek social fabric? What follows... with the unemployment rate seen unchanged in the region of 27%. The Greek manufacturing PMI recorded in March
3% -
Greece poised to build on investor sentiment with return to bond markets
EconomyThe Greek government has emerged from this week’s Eurogroup and Ecofin with renewed confidence... of 5 billion euros at a yield of 5.90 percent. The Greek 10-year yield landed marginally north of 6..., particularly from a shrinking coalition majority.” Moody’s, current Greek rating stands three notches
3%