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PMI drops to 48.4 in May, new orders down at sharpest pace in 8 months
EconomyMacroeconomyfor Greek manufacturers. Markit noted that the worsening in May largely reflects a solid drop in new... displayed that the input stocks decreased further in May with the purchasing activity of Greek goods... straight month. Overall, Markit analysts concluded that “the fall in demand for Greek goods, from
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Credit contraction stays stable at 2 pct in June, net additions for first time this year
EconomyMacroeconomyGreek bank credit contraction remained stable at 2 percent in June, Bank of Greece (BoG) figures... of 152 million. Greek bank credit remains steadily in negative territory since the beginning of 2011... said on Tuesday that Greek banks’ non-performing exposure (NPE) ratio edged up to 45.1 percent
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PMI falls back into contraction territory in July, landing at 48.7 pts
EconomyMacroeconomyconditions, as Markit notes. Greek goods producers’ output declined again in July, following a sharp... negative survey for Greek manufacturers. Job growth in July accelerated at the fastest pace in the last... occurring in the second-half of 2016 seems slim,” its analysts said. The Greek economy experienced
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Thinking outside of the box
Agorabeen one of the fundamental reasons for a shocking erosion of trust in Greek TV stations. According... on their television sets. This is a damning indictment of the practices in the Greek media over the past few... their priorities as far as the Greek media is concerned. While Stamatis and Kavadia were having
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Athens sticks by effort to build bridges with FYROM
PoliticsForeign Policythe pair met last week. Greek Foreign Minister Nikos Kotzias decided to set aside the unstable..., underline that the Greek initiative over these CBMs does not substitute the process under the UN.... At the same time, Greek sources underline that a solution involving FYROM’s constitutional
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Fraport reveals airport plans as major privatisation overcomes obstacles
EconomyFraport presented on Wednesday its plan for the modernisation and development of 14 Greek regional... noted on that date that following its decision “it is now up to the Greek authorities to take the final... as well as studies and expansion projects. Fraport signed an agreement with the Greek state
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IMF hints at flexibility as debt relief talks continue
PoliticsGreek PoliticsRice did not rule out the possibility of the Washington-based organisation not joining the Greek... from the Greek side of what it may be willing to accept as a compromise next month but a deal...-vis the Greek electorate. A poll by Pulse for the Action 24 TV channel indicated on Friday that New
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Athens gears up for name talks as coalition and opposition try to define their positions
PoliticsForeign Policyfocused on two main topics: Greek–Albanian relations and the Macedonia name issue. However, the main...’s position in Bucharest.” Kammenos added that “the Greek term ‘Macedonia’ is the standard national... with Skopje result in a proposal that will be put to Greek Parliament.
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PMI picks up to 54 in November while production rises to eight-month high
EconomyMacroeconomyfor Greek manufacturers. The improvement stemmed largely from increased output and an expansion... to strengthen in November with Greek firms expressing greater optimism than in October. Sentiment..., the Greek manufacturing sector was not exempt from the global slowdown in export demand
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EC sets out improvements Athens should make to primary residence proposal
EconomyProgrammeof February, as the Greek authorities and banks had failed to reach an agreement on the succession... reduction trajectory of court cases, is still pending. Greek government officials held talks with local... teleconference involving the institutions, government officials and Greek bankers has been lined up
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