Search
-
Lack of new orders and sharp drop in production lead to weak PMI in August
EconomyMacroeconomyfell. Overall, Markit analysts stressed that “operating conditions at Greek manufacturers continued... paints a disconcerting picture of the health of the Greek economy, as uncertainty builds around
2% -
Wide range of exacting issues lie ahead for Greece in first bailout review
EconomyProgramme. The third memorandum of understanding (MoU) signed last August asked the Greek authorities... in mid-July called for the establishment of a new privatisation fund to manage valuable Greek.... Although the pension reform is currently dominating the domestic discussion, the terms and conditions
2% -
PMI rebounds 0.6 pts to 49 in March but remains below 50-point mark in Q1
EconomyMacroeconomyof operating conditions in the Greek manufacturing sector” although “the downturn has eased considerably.... Greek firms lowered their output charges largely due a decline in oil prices, while the average cost
2% -
HFSF presents action plan on large corporate loan restructuring, says NPEs reached 103 bln in 2015
EconomyBankingGreek banks’ non-performing exposures (NPEs) in Greece reached 103 billion at the end of 2015, Aris... all segments of Greek economy, the study identified 5 sectors, namely tourism, food/beverages, health... on default processes and favorable macro conditions. The study initially identified a sample
2% -
Government steps in as NBG row takes new twist
EconomyBankingor delays, as already seen in the case of the Piraeus Bank CEO, at this critical juncture for the Greek... (NPE) stock, which is currently the single most important challenge for the Greek banking system...., Dragasakis issued a statement requesting “an imminent restoration of the necessary conditions
2% -
Greece lags in basic skills for youth but improves in educational attainment
Societyconditions, Greek ICT companies are having difficulty finding people with the right digital skills... percent, the report notes. Greek schools are faced with a generational turnover in the teaching
2% -
Review talks continue in Athens in shadow of pension benefit row
EconomyProgrammeDiscussions between the Greek ministers and the institutions’ mission chiefs resumed on Wednesday... of short-term debt relief measures until the institutions complete the examination of Greek government’s... on the labour and fiscal fronts may resume at top level at a later stage, when conditions would become
2% -
ECJ decision on PPC’s lignite exploitation rights and future investments
Legalat satisfying the ECJ’s request for third-party access to lignite. However, even if the Chinese-Greek... of the overall effort for the restructuring and de-monopolising of the Greek electricity market. Nevertheless... parties, the conditions of the decision will not be met. Another issue that might be affected
2% -
PBO warns of recovery risks, fourth bailout and possible default
EconomyMacroeconomythis year are not confirmed and the economic recovery is around 1-1.5 percent this would mean that the Greek... result in a rapid recovery of the Greek economy as suggested by the performance in the second half... into consideration that Greece entered into a crisis eight years ago. In addition, the key conditions
2% -
Athens accepts review's toughest fronts remain open
EconomyProgrammethat almost two thirds of the second programme review prior actions have yet to be completed, the Greek... as the ex-post evaluation report. It may also take a decision on its participation in the Greek programme... the conditions for moving forward with the review.
2%