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Manufacturing slips into contraction for first time since early 2021 as PMI drops by 2 pts in July
EconomyMacroeconomy. “The loss of growth momentum seen across the Greek manufacturing sector since the start of the year resulted... released on Monday. July’s PMI captured the first decline in operating conditions since February 2021, stopping a nearly year-and-half period of expansion and indicating a downturn of the conditions
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Despite strains, manufacturing remains in growth as Nov PMI reaches 50.9 pts
EconomyMacroeconomyreleased on Friday. The conditions in the Greek manufacturing sector have been improving for nearly... that there is greater hesitancy by customers to place orders as the economic conditions are tame. New export sales.... "However, new order intakes stalled in November as subdued demand conditions and customer destocking
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European Commission leaves 2024 growth estimate of 2.3 pct unchanged
EconomyMacroeconomyforecast published on Thursday, expecting the Greek economy to grow by 2.3 pct. The forecast remains.... Despite the tight conditions due to the ECB’s monetary stance of the ECB that affected the financing conditions, investments had a significant contribution to growth thanks to construction
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OECD report highlights stark contrasts in health system
Societyconditions. Diabetes prevalence also ticked upward, reaching 7.2 pct among adults, and adolescent health remains a sore point: a staggering 66 pct of Greek 15-year-olds reported multiple health... is also faltering—only 57 pct of patients with chronic conditions trusted the last provider they saw
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Newsletter 124 - 23/06/2017
figures published by the Greek Tourism Confederation (SETE) revealed that international arrivals... deal Investment was the buzzword for the Greek government this week as Prime Minister Alexis Tsipras... with its plan to set up a Greek development bank. The idea was recognised in the Eurogroup statement
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Growth in accommodation and food services turnover slows to 6 pct in Q1
EconomyMacroeconomyon the volume front published by the Association of Greek Tourism Enterprises (SETE) in mid-May showed the growth rate in international tourist arrivals at the main Greek airports significantly slowed to 6.6... have indicated that the prolonged uncertainty regarding a successful conclusion of the Greek
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Travel balance rises to 66 mln in January
EconomyMacroeconomy, international arrivals at Greek airports rose by 12.9 percent. In total, road and air arrivals... to around 208,000. Overall figures The Greek Tourism Confederation’s (SETE) annual outlook had... a main pillar of the Greek economy, generating close to a fifth of the country's overall GDP in direct
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Greece on track for bumper tourism year, figures show
EconomyFeaturesmillion from the Greek Tourism Confederation. The latest quarterly figures from the BoG showed... increased by 6.8 percent to 5.4 million travellers for the first five months of the year. Greek.... This represents a rise of 2.3 million additional passengers. The total number of flights to Greek
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Newsletter 1 31/10/2014
Fresh start beckons for banks Greek lenders navigate ECB stress tests successfully but NPLs lie ahead There was a positive surprise for Greek banks when the results of the European Central Bank (ECB..., suggested that none of the four systemic Greek banks had any capital shortfall. Apart from
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Travel receipts up by a modest 3.5 pct in July in aftermath of capital controls
EconomyMacroeconomyby almost 70 percent. The more updated data published by the Association of Greek Tourism Enterprises (SETE) earlier in September displayed international tourist arrivals at the main Greek airports rose... - the recessionary impact from capital controls, with Greek officials and banks now forecasting a GDP
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