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PMI at 54.1 points in November as foreign orders rise
EconomyMacroeconomyremained strong and was among the best seen in a decade. Operating conditions also picked up during... in industrial production in 2020, with the rate of growth expected to pick up to 1.1 percent year
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PMI at 56.2 pts in Feb amid rise in manufacturers' confidence, employment
EconomyMacroeconomydriving factor. New order growth continued to accelerate as demand remained strong. Export orders... Markit to forecast that industrial production will stand at around 1.2 percent for 2020, with output
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PMI crashed to 29.5 points in April during sharpest ever decline
EconomyMacroeconomyand the strong sentiment expressed. “The knock-on effects of the substantial fall in client demand resulted... industrial production to contract by 4.1 percent in 2020. Recovery of the manufacturing sector
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Pressure grows for transparency on ND's media handouts as PM outlines investment goals
PoliticsGreek Politicswould experience a strong economic recovery in 2021, and used the opportunity to highlight his government’s industrial strategy, which aims to increase the contribution of manufacturing from 9 percent
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Contribution made by privatisations to GDP since 2010 underlined in new study
EconomyFeaturesGreece’s Foundation for Economic and Industrial research (IOBE) has presented a new study which shows that between 2011 to 2019, privatisations provided an important boost to annual GDP. The study... tourist expenditure of 225 million between 2017 to 2018. The airports in particular have a strong
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Many obstacles to clear in Greece's digital leap
EconomyFeaturesGreeks among the winners of the 4th industrial revolution”. Mitsotakis listed the potential benefits... citing “the combination of strong human capital and a very competitive value proposition in terms
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EU Commissioner's visit to islands highlights divisions over management of migrant centres
PoliticsGreek Politicson the islands, where a combination of decommissioned army camps, old industrial facilities and makeshift... for the migrants to be moved off the islands, the government has come up against strong local opposition from
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In first contraction since Oct 2020, Jan IPI falls by 10.9 pct MoM
EconomyMacroeconomyGreece’s Industrial Production Index (IPI) recorded its first contraction in months, dropping by 0.2 percent year-on-year in January following an upwards revised 8.4 rise in December, according... and inflationary pressures remain strong. The inflation of input prices eased to the lowest in six
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Remaining fiscal space could be squeezed for more cost-of-living measures as tension grows
PoliticsGreek Politicsby the Foundation for Economic and Industrial Research (IOBE) for May indicated that 63 pct of households... and commentators continue to believe that there is a strong chance of snap polls after the summer
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Govt presents menu of energy proposals in Brussels as power subsidy cost balloons
PoliticsGreek Politicsindustrial energy users for demand reductions with the aim of preventing the need to apply energy rationing... in energy prices, while its adoption would send a strong message to Russia, neutralising the risk
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