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  1. Athens expands survey area off Crete, signs MoU with Egypt
    Photo by MacroPolis

    PoliticsForeign Policy

    Exclusive Economic Zone. In 2019, before signing its memorandum with Turkey, Libya reacted against...). This was calculated by moving its median line northwards. After the signing of the Turkey-Libya memorandum in 2019, new data was generated and Libya could argue that the entire area south of Crete

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  2. PMI improves in May but points to further deterioration in manufacturing

    EconomyMacroeconomy

    Greece’s Manufacturing PMI improved by 1.5 points in May, rising to 48 from 46.5 in April... showed that the drop in May’s incoming new work was largely attributed to uncertainty and adverse... for the second straight month in May mainly reflecting the lack of pressure on resources. The rate

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  3. Manufacturing grows in May, but at slowest pace in last four months

    EconomyMacroeconomy

    sector remained in expansion territory in May. Output grew at a solid pace, but the overall expansion...Greece’s Manufacturing PMI remained in expansion territory in May, although it fell marginally.... This is the fourth month that the conditions in the Greek manufacturing sector have improved, though May

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  4. Ongoing rise in imports and tame exports elevate trade deficit to 3.39 bln in May
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s trade deficit recorded a solid rise of 13.6 percent year-on-year (YoY) in May, after... billion euros for May. Imports totalled 7.55 billion euros, rising by almost 7 percent YoY. Exports totalled 4.16 billion euros. An increase of just 1.9 percent compared with May 2023. In May 2023

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  5. Fraport reveals airport plans as major privatisation overcomes obstacles
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    (May 2016). The most important milestone was the recent clearance of the transaction by the European... of 300,000 square meters. Fraport signed with Intrakat on Thursday two engineering, planning

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  6. Solid conditions in manufacturing continue with PMI at 53.2 in April
    Photo via https://flic.kr/p/2cusZK8

    EconomyMacroeconomy

    Greece’s Manufacturing PMI saw a solid rise in April, when it reached 53.2 points from 55 points... showed a solid improvement in operating conditions at the start of the second quarter, marking one... manufacturing firms continued to signal a solid upturn in the health of the sector at the start

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  7. PMI drops to 48.4 in May, new orders down at sharpest pace in 8 months

    EconomyMacroeconomy

    for Greek manufacturers. Markit noted that the worsening in May largely reflects a solid drop in new...Greece’s Manufacturing PMI fell by 1.3 points to 48.4 in May after rising in the preceding two months, the Markit survey showed on Wednesday. The headline figure for May remains below the 50-point

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  8. Monthly and volume retail sales data shrink in May, reflecting cost-of-living crisis
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    The growth in Greece’s retail sales experienced a significant slowdown in May, rising by 5.1 percent year-on-year (YoY) from a solid 18.8 percent in April, Hellenic Statistical Authority (ELSTAT... in May decreased by 4.2 percent YoY, after having increased by 10 percent in April. Compared to May

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  9. Economic sentiment improves further in May, consumer confidence dips
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s economic sentiment (ESI) moved up in May, reaching 111 points, from 108.6 points... of the previous high of August 2023. Over the rolling 12-month period, the ESI in May is up 1.7 points from June last year. The average ESI in the EU stood at 96.5 points in May, from 96.2 points

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  10. Newsletter 68 - 01/04/2016

    Newsletters

    and resettlement of refugees is expected to begin kicking in next week and may provide the first relief... to be conducted swiftly so it is wrapped up by the end of May. If this timeline is followed, any... political parties. Since Greece signed its first bailout agreement in May 2010, nearly 40 new political

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