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PMI at 53.7 in Jan as manufacturers remain confident for year ahead
EconomyMacroeconomy, the headline figure indicated a solid improvement in the health of the Greek manufacturing sector.... This is the 16th consecutive rise in overseas orders reported by Greek manufacturers and can be linked... conflicts impacting export activity. New clients were added to the order books of Greek manufacturers
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Banks and government inching towards new framework to protect primary homes
EconomyProgrammeTalks between banks and the Greek government on the primary residence protection framework are due... of the Greek bond profits held by the Eurosystem. European Stability Mechanism managing director... are all in contact with the Greek authorities: The Commission, the ECB, the ESM. The open issues
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Athens prepares new primary residences proposal after finding common ground with banks
EconomyProgrammeThe Greek government and local banks are reportedly making progress in their discussions about how..., with the possibility of the Greek proposal being finalised and sent to the institutions for approval... suggested that if the Greek proposal is approved by the institutions, this could change the whole
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Gains and losses for all sides from vote on constitutional changes
PoliticsGreek Politicsto the Greek Constitution proved to be a mixed bag for SYRIZA and New Democracy. Prime Minister Alexis... Parliament will not have a chance to ratify any change to this particular part of the Greek constitution... with a powerful ally. When questioned recently by a Greek journalist about Weber’s comments, German
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PMI rises to 54.7 in March as first quarter comes to strong end
EconomyMacroeconomyto the first quarter of the year for Greek manufacturers. It also marks the longest continuous period of growth for Greek manufacturers since October 2001. Strong output was a leading contributor to the rise... commented that Greek manufacturing sector continued to improve in March with the highest PMI reading
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Only inconclusive poll result would prompt KINAL approach, suggests Mitsotakis
PoliticsGreek Politicssome Greek voters have of the agreement by stressing its potential economic benefits, especially... former finance minister Yanis Varoufakis of forcing Greek banks into a third recapitalisation in 2015... took place, there was pressure from the international creditors on Greek banks to focus on their core
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Glimmer of hope for efforts to negotiate over tax-free threshold, but not primary surplus
EconomyProgrammeThe Greek government and the opposition have been given some encouragement in their goal to avoid... and it is a priority for the Greek government then we will support this. For us the main issue is to stick... following the April 5 meeting, when eurozone finance ministers welcomed “that the Greek authorities
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Newsletter 204 -03/05/2019
, according to the latest data from Markit PMI. Greek manufacturers signalled one of their strongest periods... in the Greek market stayed at 0.6 percent in March, remaining at the same rate as February, Bank of Greece... million euros, while time deposits rose by 280.9 million. Net deposit movement in the Greek banking
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Tsipras, Mitsotakis cast gloves aside as pre-election fight gets personal
PoliticsGreek Politicsopponents accusing Tsipras and SYRIZA of hypocrisy with regard to their verbal attacks on the Greek elite... cosy relationship with members of the Greek elite. “From the left of the sit-in protests... argued that the clash between Tsipras and Mitsotakis was another effort to polarise Greek politics
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Finance Ministry, Stournaras disagree over fiscal space for expansionary measures
EconomyProgrammeThe Greek government is in an awkward position regarding the expansionary fiscal measures announced... by Greece’s creditors and some tumult in the Greek sovereign debt market were followed by doubts.... He added that to a certain extent the nervousness in the Greek government bond market reflects
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