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Despite pledges, Greeks uncertain and feel recovery will take years
Societythis year, the first increase in national output since 2008. The Greek public, though, has heard promises
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Industrial turnover and new orders indices post big drops for December
EconomyMacroeconomyand accelerated increases in both output and new orders lifted the PMI to its highest level in close
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Manufacturing PMI edges up for second month in a row
EconomyMacroeconomyGreece’s Manufacturing PMI improved by 0.1 points for the fourth straight month in February reaching 51.3 points from 51.2 in January, according to Markit. The headline figure remained above the 50-point mark for the second consecutive month mainly led by output and new orders. As Markit points out
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Drop in Greek industry's turnover index slowed to 4.1 pct in Jan
Economyto 51.3 points in February. “Solid growth in output and new orders meant that the headline PMI
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March fall for Greek industrial turnover is ninth in 15 months
EconomyMacroeconomy. “Faster growth in output and new orders helped bump the PMI back above the 50.0 threshold
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IMF report sees a number of risks lying ahead for Greece
EconomyProgramme) relative to those presented in the previous reviews include: lower output path and additional arrears
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Greek industrial turnover drop accelerates in April
EconomyMacroeconomyleading firms to raise production levels as well as employment”. “For the current pace of output
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In third straight month of decline, industrial turnover falls 4.9 pct in May
EconomyMacroeconomyin output. A slight fall in new orders underpinned the loss of momentum,” Markit analysts concluded.
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The IMF crisis and how to solve it
Agorafears +credit crunch + austerity = output collapse. With such errors, it was impossible to produce
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Industrial turnover rebounds by 10.5 pct in June after three months of decline
EconomyMacroeconomyin output helping drag the PMI to a nine-month low in July,” Markit analysts concluded.
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