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PMI softens to six-month low, but employment in manufacturing grows at record pace
EconomyMacroeconomy, Greek manufacturers expanded their workforce at the fastest rate on record. The higher employment... materials, energy and soaring transport costs. The challenges did not impact the confidence of Greek... data indicated a loss of growth momentum across the Greek manufacturing sector. Although still solid
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Newsletter 367 - 27/01/2023
stipend could be paid out before Greek Orthodox Easter. However, Mitsotakis did not make any further... is on 10.5 pct, the Communist Party (KKE) on 5.5 and Greek Solution on 3.5 pct. The survey shows... euros respectively. The Greek political system has been consumed over the last year by a debate
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Manufacturing posts back to back growth in March as PMI rises to 52.8 pts
EconomyMacroeconomyon the bounce that the conditions in the Greek manufacturing sector have improved, leading... is the increase in production at Greek manufacturers, linked to stronger client demand and a further... rising at a solid rate, which was the sharpest for almost one year. “Greek manufacturers indicated
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BoG sees 2.2 pct growth in 2023 but warns new govt must stick to reforms
Economyfor the Greek economy. Risks include the deterioration of the external environment due to unfavourable... that the credit rating upgrade of the Greek sovereign to investment grade is a very important objective.... It would also have a positive impact on Greek businesses and banks by reducing their borrowing costs
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Fresh elections on the cards as SYRIZA reluctantly confronts full scale of defeat
PoliticsGreek Politicsat negotiations, bringing the Communist Party KKE and far-right Greek Solution to the table... and 14.1 pct from PASOK, 2.6 percent from KKE, 11.5 percent from Greek Solution and 9.6 percent from MeRA25... percent to KKE, 3.4 percent to Greek Solution and 3.3 percent to MeRA25. SYRIZA woes With fresh elections
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Positive sentiment around banks continues to grow
EconomyBankingThis year’s positive story around Greek banks is gaining momentum as systemic lenders appear... its intention to proceed as planned with the divestment of the Greek state holdings, via HFSF... to the markets. It is also important to secure the best possible returns for the Greek state
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Government feels pinch from public's fears about high cost of living
PoliticsGreek PoliticsThe growing concern among Greek households about rising prices, particularly for basic goods, has... basket”, but none have had any discernible impact. More recently, there is a feeling among the Greek..., Skrekas said that everyone must understand the challenges that Greek households are facing in order
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ND encounters objections over private universities and same-sex marriage
PoliticsGreek Politicsto be removed from an exhibition at the Greek Consulate in New York following objections from... universities to operate in Greece, essentially by-passing Article 16 of the Greek Constitution rather... transformation (+34 pts), strengthening defence capability (+24 pts) and Greek-Turkish relations (+14 pts
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PM changes tune on inflation, ready to take further steps
PoliticsGreek Politicsto “a problem that is partly imported but is also due to longstanding failings in the Greek market... of the two previous years, when it mostly relied on handouts to cushion Greek households from the impact... constructing what Kasselakis has described as “The National Plan for the Greek Dream”. According
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Government hails rule of law progress but open investigations continue to raise questions
PoliticsGreek Politicsthe widespread perception of corruption in public institutions among the Greek public. Senior government... it recommends excluding its use on journalists. Most of the recommendations would oblige the Greek government... percent of Greek citizens estimate corruption to be widespread in the country compared to the EU average
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