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Early IMF repayment next goal for Athens after concluding second post-MoU review
EconomyProgramme, it is reasonable to aim to repay this ahead of time, especially as Greece holds close to 30 billion... creditors due to the pari passu clause. “Also from the ESM perspective, it would make sense to repay
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Athens launches drive to pre-pay part of IMF loan, bringing budget benefits
EconomyProgrammeintent earlier this year to repay some IMF loans ahead of time. But political developments that led.... The last payment of 300 million is due in 2024. The Greek authorities plan to repay 2.9 billion euros
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Newsletter 220 -20/09/2019
stated its intent earlier this year to repay some IMF loans ahead of time. But political developments... to repay 2.9 billion euros, which carries an interest of 4.9 percent and the prepayment will save
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Focus shifts to DSA, fiscal targets after IMF loan prepayment
EconomyProgrammeand interest charges next year, decelerating to 1.44 billion in 2023. Greece was due to repay on December 3... billion euros. Following the prepayment, the Greek authorities will not have to repay any IMF loans until
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Newsletter 230 -29/11/2019
in principal and interest charges next year, decelerating to 1.44 billion in 2023. Greece was due to repay... to 2.16 billion euros. Following the prepayment, the Greek authorities will not have to repay any IMF
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Manufacturing PMI reached four-year high of 49.6 pts in December
EconomyMacroeconomyincrease in output was focused in the consumer goods sector, while further contractions in the intermediate and capital goods production weighed on the total output. With new export orders falling... month. An accelerated reduction in the level of purchasing activity coupled with higher output
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PMI rises to 49.3 in Dec but likelihood of growth remains slim
EconomyMacroeconomymovement mostly reflects weaker decreases in both output and new orders, while firms reduced their personnel for the first time in the last seven months and increased their output prices for the first time in 70 months. Although Greek manufacturing output fell for the fourth straight month
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Greek PMI rises to 49.6 in May as uncertainty continues to impact
EconomyMacroeconomymonth and was fractional overall. A further fall in new orders, which led to a drop in output... prices were decreased despite a further marked rise in input costs. Regarding future output growth, optimism remained strong. Greek manufacturers reduced their output for the ninth time in as many months
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Manufacturing PMI up to 54.2 in May, completing 12 months of rises
EconomyMacroeconomyconditions in the sector is reflected on the twelfth consecutive month of a rise in manufacturing output... as firms brought in new staff to respond to the higher requirements for output. This enhanced... and metals, which firms transferred to the output prices, at a rate of increase not seen since August 2008
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Manufacturing PMI climbs to 53.9 pts in August, outlook remains positive
EconomyMacroeconomyin output and new orders, Markit noted. The rate of job creation accelerated in August. Greece’s... for the second successive month. The rate of output growth beat that of new orders which in turn led... higher steel costs as the driving factor behind higher charges. Although the output prices continued
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