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PMI eases to 54.2 in May as exports continue to rise
EconomyMacroeconomystrong growth and improvements in the Greek manufacturing sector. Output slowed to a three-month low, but remained strong, with greater domestic and foreign demand driving production. Manufacturing firms indicated a strong expansion in new business in May, Markit said. Export orders continued
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In hindsight it would have been nicer
Agorasimply reflects tactics being adjusted as the firewall and others measures were put in place... require additional financing that no one in the eurozone was willing to put up. In the meantime... in bailing in creditors who subsequently might themselves have to be bailed out." Simply put
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Troika returning to Greece but key decisions still months away
PoliticsGreek PoliticsMinister Antonis Samaras put the figure at around 1.5 billion euros. Olli Rehn acknowledged... comments at Monday’s Eurogroup that any discussion about more loans for Greece has now been put off until... the funding gap for 2015 at 6.5 billion euros. Latest reports put the total figure for the three years
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Eurogroup leaves Tsipras with difficult but not impossible deal to sell at home
PoliticsGreek Politicsfrom the Left Platform, to accept. It appears to put a halt to a number of the party’s pre-election... but it seems likely that the government will put the vast majority on hold at least for the next... forward with Friday’s agreement, it will also put an end to speculation about whether capital controls
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SYRIZA's left wing ups pressure on Tsipras but PM retains authority for now
PoliticsGreek Politicsat the end of the two days of deliberations in a central Athens hotel. The first was on a proposal put... of clash that could put Greece’s position in the euro in question. Tsipras also won by a clear... to issue more T-bills. The final document also incorporated a brief text put forward by the 53+ movement
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Lenders' reaction to pension pledge leaves Tsipras short of options
PoliticsGreek PoliticsMechanism revealed that it has put on hold the implementation of short-term debt relief measures... process has been put on hold as the institutions are examining whether Tsipras’s pledge to give 617..., would put him on a collision course with the lenders. Approval of the handouts would be seen
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Tussle over arms deal sets tone for polarised politics
PoliticsGreek Politicswas to be paid to the middleman) meant that the opposition parties were not able to put the defence..., it appears that this issue has not been put to bed. On Tuesday morning, New Democracy asked for all those... could put pressure on Kammenos and Tsipras, who gave his full support to his minister on Monday
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Football chairman's actions threaten to blow coalition off course again
PoliticsGreek PoliticsThe government was forced to put to one side on Monday the tension with Turkey and clashes with New... a refereeing decision has put the coalition in a tight spot. Russian-Greek businessman Savvidis reacted... also run into a number of problems. In December, privatisation fund HRADF had to put off the signing
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What's behind Erdogan's decision to wave migrants through to Greece?
Agoraoperations in Syria, Erdogan felt it was time to put European leaders on the spot and seek more assistance.... Is this a fair assessment or a misreading of what’s going on? To put it bluntly, Erdogan does not care about... the country. The figure used by the Turkish media is around 130 to 140 thousand. Another theory being put
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Left looks to France for inspiration as SYRIZA postpones key decisions
PoliticsGreek Politicsto follow in their bid to challenge New Democracy’s dominance, SYRIZA appears to have put on hold any... for his effort to overhaul the leftists. Observers see Sunday’s decision as an attempt to put off.... Commenting from France, the ex-PM said: “When progressive forces put aside their ego and leave
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