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PMI drops to 52 pts in Sep as manufacturing sector continues to grow
EconomyMacroeconomyrose on higher supplier prices, though inflation eased to a near two-year low amid vendor discounting... activity remained solid, though supplier delays persisted, due to transport and customs, albeit less
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PMI stable in March as war starts affecting business and confidence
EconomyMacroeconomysupplier lead times caused by the Middle East war-related logistics disruptions. However, PMI was weighed... inflation reaching a near three-and-a-half-year high. Despite the sharpest lengthening of supplier
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Manufacturing PMI improves slightly in June, cost and export challenges persist
EconomyMacroeconomyperformance deteriorated substantially. Although supplier lead times lengthened at a slightly slower..., persistent supplier delays and the use of existing inventories to meet demand created challenges
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Greece needs to re-think natural gas policy, starting with demand
Agoraof supply. Russia, once the dominant supplier, has seen its share of the Greek market trimmed to just under 40 pct by 2020. The US has rapidly risen to second place thanks to increasing supplies of shale gas LNG, covering 25 pct of Greek demand. The remainder has been supplied by Turkey via pipeline
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Handling of energy crisis under fire as gas interruption tests supply security
PoliticsGreek Politicssupplier DEPA said it had received prior notice from Gazprom and had made preparations, including topping... measures, as an interruption of gas supplies from Russia is set to provide a first crash test... of gas supplies from Russia”. On Monday it emerged that gas flows on the TurkStream pipeline which
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Newsletter 343 - 24/06/2022
for a week to undergo annual maintenance. Gas supplier DEPA said it had received prior notice from Gazprom and had made preparations, including topping up supplies in storage. The company noted... for the worst-case scenario of “a total loss of gas supplies from Russia”. On Monday it emerged that gas
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Price comparison app sparks political row as cost‑of‑living dominates election debate
PoliticsGreek Politicscauses of Greece’s persistent inflation. PASOK spokesperson Kostas Tsoukalas said the app “does..., was launched by a PASOK government in 2010. Tsoukalas said the new tool could be useful only... authority and social security funds, a sharp increase in state arrears to suppliers, and a decade‑long
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Under increasing domestic pressure, govt awaits EU signs for response to energy security threat
PoliticsGreek Politicsit was announced that Russian gas supplier Gazprom would cease delivering gas to Poland and Bulgaria... sanctions has sharpened the government’s focus on the security of national energy supplies... supplies”, while sources at Greece’s state-controlled gas company DEPA commented that “have matters
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Lavrov visit yields little for Athens, which denies Iranian bank veto
PoliticsForeign Policysupplier and also referred to the Turkish Stream pipeline. Skourletis said the pipeline could serve... has supplied related to activity before 2010. The same sources underline that the Greek side has
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Govt rushes in new energy measures as Brussels decision on gas price cap deferred
PoliticsGreek Politicstax will apply to the profits of refineries and natural gas supplier DEPA which exceed the average... said that to combat the build-up of arrears to energy suppliers measures would be taken to stop strategic defaulters from switching suppliers to avoid paying their bills. Androulakis at PEGA PASOK
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