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Tsipras rages against EU over refugee crisis but own goals unclear
PoliticsForeign Policyin Greek Parliament on Friday, declaring himself “ashamed” of the way that the European Union... sets in and the conditions for crossing the Aegean worsen. There is also criticism from volunteer groups that authorities, including the Greek coast guard, the EU border agency Frontex and medical
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Fiscal Council optimistic on 2016 target, sees next year’s goals as feasible
EconomyMacroeconomyThe Greek Fiscal Council published on Tuesday its first semi-annually report on fiscal..., the key issue for the Greek economy is to achieve a sustainable recovery. Moreover, the Fiscal Council... year’s target is feasible under conditions. The panel of experts highlights that this year’s revenue
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Lesvos tragedy, Erdogan threat ratchet up refugee crisis pressure
PoliticsGreek Politicsaccident at the Moria refugee camp on Lesvos, highlighting the continuing challenges the Greek... admitted that the slow pace of returns and relocation is partly the result of shortages on the Greek... if the conditions on the islands worsen. There was a sign of this kind of unrest in Parliament on Friday, when
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New measures to ease capital controls, lift restrictions on opening bank accounts
EconomyMacroeconomymonth, per unique customer ID, per banking institution, and relates to both Greek and foreign banking..., boosting confidence in the Greek banking system internally and in turn, improving investor sentiment...., along with an increase in the limit for overseas money transfers. The key conditions include faster
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Manufacturing PMI up to 54.2 in May, completing 12 months of rises
EconomyMacroeconomyeconomic conditions and higher new orders. Markit analysts note that “May saw the recovery in the Greek...The Greek manufacturing sector’s recovery completed a full year of expansion in May, with Markit’s... conditions in the sector is reflected on the twelfth consecutive month of a rise in manufacturing output
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PMI edges up to 49.4 points in August, employment rises
EconomyMacroeconomyat the sharpest rate since October 2008, Markit said. Markit analysts observed that the Greek..., as costs rose modestly," they said. Markit said that it expects any recovery in the Greek market..., reaching six-month highs on the expectation that conditions would continue to improve. Output
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Newsletter 279 - 05/03/2021
signals worsening of operating conditions in the Greek manufacturing sector. Output and new orders... for Vega’s inclusion in the Hercules Asset Protection Scheme. Its inclusion would mean the Greek state... be seen as an indicator of an improvement in operating conditions, Markit said in the release
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PMI rises to 54.4 points in April, highest since February 2020
EconomyMacroeconomy. The latest figure signaled the strongest improvement of operating conditions in the Greek manufacturing... and quicker fall in pre-production inventories, while stocks of finished goods also decreased. "Greek..., according to Markit. This would ordinarily be seen as an indicator of an improvement in operating conditions
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Zaev's departure leaves ties with North Macedonia in balance
PoliticsForeign Policyand has warned about their impact in the most institutional way in Greek Parliament. But it has not hidden... with any government that will come out of the internal processes,” noted the Greek foreign minister... on November 4. “One of the unwavering conditions that have been set in the negotiating framework
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OECD lowers 2022 growth forecast to 2.8 pct as challenges mount
EconomyMacroeconomysustainability. The OECD notes the limited direct impact that the Ukraine conflict has on the Greek economy... were only 1.1 pct of Greek travel receipts last year. The global environment, which has been..., heightened uncertainty, and tighter monetary policy conditions. Greece is now seen growing by 2.8 pct
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