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  1. PMI moderates again in July to 53.2 pts as firms' confidence reaches 10-month low
    Photo via https://flic.kr/p/N3FV1

    EconomyMacroeconomy

    in 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

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  2. Q2 GDP contraction at 0.3 pct, strong Q3 needed to achieve target of annual growth
    Photo by MacroPolis

    EconomyMacroeconomy

    in 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

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  3. Greece not seen meeting milestones soon, refugee rise may add to tension

    PoliticsForeign Policy

    There 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

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  4. Taking a macro snapshot

    Agora

    which 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

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  5. Greece poised to build on investor sentiment with return to bond markets

    Economy

    The 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

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  6. As SYRIZA looks towards centre, will New Democracy turn to its right?
    Photo by MacroPolis

    PoliticsGreek Politics

    that it can gain the trust of a section of the Greek electorate that would consider voting for SYRIZA... privatised by the coalition. He also talked up the importance of the private sector in the Greek economy...: to feel safe about the euro area and the prospects of the Greek economy and to see serious public

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  7. Greece: Where did it all go wrong?
    Photo by MacroPolis

    Agora

    percent of GDP. This was accompanied by the first Greek credit account surplus on record. Both were... on its pledge to consider “certain debt reduction measures” even though a Greek primary surplus had... had been burnt before by unreliable Greek statistics. However, even when Eurostat confirmed

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  8. Why is Europe worrying about SYRIZA?
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Agora

    for the exit from the euro and for a default on Greek public debt. Today it is party whose program... political leaders around Europe continue to present the Greek elections as an incoming Armageddon... yesterday that some compromise on Greek debt will be have to be found, even if some northern countries

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  9. Spain is not Greece: Part two
    Photo by La Veu via Flickr https://flic.kr/p/qVUw1i

    Agora

    to his then Greek counterpart, Antonis Samaras –the only head of a European government who did... in the country’s recent history. One week after the Greek elections, Podemos showed its muscle with a massive... was nervous,” the Greek prime minister, Alexis Tsipras, said in the first meeting after the elections. “He

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  10. Greece and lenders already at apparent impasse, with options narrowing

    PoliticsGreek Politics

    The distance between the Greek government and its lenders appears to be growing, with creditors... by the Greek government runs counter to the February 20 Eurogroup agreement. Leaked extracts of a letter.... With the mood souring and the Greek government looking increasingly isolated, crisis talks are set to take

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