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Economic sentiment and consumer confidence recover some ground in May
EconomyMacroeconomyGreece’s economic sentiment (ESI) improved in May, with the index at 107.5 points, from 105.8... 12-month period, May’s ESI was roughly two points above June 2025. The average ESI in the EU stood at 93.7 points in May, from 93.4 in the previous month. The euro area’s ESI was also slightly up
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PMI improves in May as manufacturers struggle with effects of Iran war
EconomyMacroeconomyGreece’s manufacturing PMI rose to 53.3 points in May, from 52.4 points in the previous month, S&P Global data showed on Tuesday. Growth in May accelerated to one of the strongest rates of the past..., it was broadly in line with the long-term trend. "The Greek manufacturing sector saw renewed momentum in May
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Corporations at forefront of 5.53 bln deposit inflow in May
EconomyMacroeconomyPrivate sector deposits rose sharply in May, with a net inflow of 5.53 billion euros, after a minor... on Monday. The annual growth in May was 7.8 percent year on year (YoY), from 5.8 percent... programme in May 2010. Before the debt crisis, at the end of 2009, the Greek economy had 237.53
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Are things looking up for Greece's privatisation programme?
Economyin 2014 and the submission of binding offers is due by the second quarter of 2015. “Should..., it is worth noting that some other projects are facing serious hurdles. On May 25, the Council of State... that Greece’s highest administrative court may also rule against the privatization
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So far and yet so near for Greece and eurozone after second abortive Eurogroup
PoliticsGreek Politicsto move forward. However, an apparent acrimonious falling out may be less damaging than it first appears... in a rather vague and non-binding manner at a November 2012 meeting of eurozone finance ministers. Beyond... then would remove the ECB and the threat of an end to liquidity from the equation. The Greek side may have
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Eurogroup decision on contingent measures, debt leave Tsipras with tough task at home
PoliticsGreek Politicsnegotiating with the institutions to settle on a package of measures it thinks may be politically... that the eurozone finance ministers may meet again next Thursday to discuss debt relief measures... suggested that another formula, a “binding mechanism” might be sought. He did not give any more details
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Blame game follows collapse of Cyprus reunification talks
PoliticsForeign Policy-General's proposal for a binding written record of the potential compromises, it was forced... avoided so far blaming any side for the collapse of talks in Crans-Montana. Analysts say that this may signal that the UN may be leaving the door open for an initiative in the future. UN Secretary
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Newsletter 151 -16/02/2018
this not occurred, Greece may even have avoided needing a bailout in 2010. Former conservative prime minister... of May; agree with the lenders a formula for debt relief; and, present to the partners a growth strategy with binding targets for employment, growth and fiscal discipline. The Labour Ministry's
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Some loose ends ahead of Eurogroup, questions remain over IMF's role
EconomyProgrammeof the former Athens airport at Hellenikon, the submission of binding bids for gas firm DESFA... by the institutions, suggest that no decisions about the post-programme framework will be taken before May... of the so-called “French key” for providing top-up debt relief may not be enough to convince the IMF
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Piraeus Bank posts net loss of 80 mln in Q1
EconomyBanking, has attracted strong interest. The first two phases were completed in March and binding offers... Assistance (ELA) funding dropped to 2.1 billion in March, falling by another 1 billion euros in mid May..., the results of which were brought forward for Greek banks and published on May 5, Piraeus Bank posted
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