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Newsletter 20 - 20/03/2015
assistance (ELA) funding. According to the central Bank of Greece (BoG), Greek banks’ ELA funding reached 65.6 billion euros at the end of February, up from zero at the end of 2014. The interest cost of ELA is 150 basis points (bps) above that of ECB funding. On the current level of ELA funding
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PMI jumps to 58 points in May, strongest upturn in 20 years
EconomyMacroeconomygreater client demand and an end to many restrictions. There were also significant supplier delays and material shortages, which led to the fastest rise in input costs on record. Firms made efforts to pass... months of decline. Costs for goods producers continued soaring in May due to material shortages
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Manufacturing continues to expand in Dec as PMI sees minor rise
EconomyMacroeconomy. This moderation was largely due to worsening supplier performance and material shortages. Firms reported... still above the long-run average. Material shortages contributed to rising cost pressures, with input
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Bulgaria's Covid-19 vaccination fiasco: excessive risks, mediocre results
Agora, Johnson&Johnson/Janssen Pharmaceuticals, Gamaleya’s Sputnik V and CanSino Biologics use... suppliers have negotiated with the EU is probably the best guarded secret in the EU, various sources
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Manufacturing grows in Oct amid persistent export challenges and higher input costs
EconomyMacroeconomymaterial shortages and support new order fulfilment, manufacturers expanded input buying at the fastest... in 15 months. Nevertheless, supplier delays worsened amid ongoing shortages and logistical disruptions... costs rose sharply in October as shortages of key materials persisted, with input price inflation
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Clash over institutional interference primes political mood ahead of local elections
PoliticsGreek Politicswith Chinese officials over Huawei’s efforts to counter US efforts aimed at limiting the telecom giant’s expansion. The claims were made in the wake of a New York Times article that alleged Huawei’s.... Georgiadis denied having any kind of inappropriate relationship with Huawei and insisted that he
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PMI improves in May but points to further deterioration in manufacturing
EconomyMacroeconomyincreased at the fastest pace over the past four years, while supplier delivery times recorded... and higher material prices. Output charges also fell at a solid rate. Markit analysts concluded... months largely due to lower demand. Although buying levels fell in May, suppliers’ delivery time
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PMI drops to 46.8 points in July amid Covid-19 uncertainty
EconomyMacroeconomyfor the first time since March as supplier price hikes pushed raw material costs higher, though the cost rise... led to another monthly drop in input buying, while suppliers’ delivery times continued to lengthen
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Newsletter 414 - 01/03/2024
of the panel called for it to be reopened to examine material provided by the prosecutor... introducing regulations related to offers, intending to stop supplier offers to retailers, which might... as 28 pct in the coming weeks based on new price lists sent by suppliers, although they will still
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Newsletter 12 - 23/01/2015
Assistance (ELA) funding. The BoG in turn requested approval from the ECB for the four banks, including... on February 4. Although the liquidity of Greek banks seems to be secured with access to ELA funding...), the awarding of construction contracts and supplier networking capacity are key to Greece’s energy
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