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PMI at 50.5 in June, posting first growth in 10 months
EconomyMacroeconomyGreece’s Manufacturing PMI rose by 0.9 points in June according to Markit, standing above the 50.0 point no-change threshold for the first time since August 2016 and signalling a marginal improvement in the Greek manufacturing sector. The PMI stood at 50.5 in June, up from 49.6 in May, rising after
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Newsletter 126 - 07/07/2017
the 50.0 point no-change threshold for the first time since August 2016 and signalling a marginal
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Coalition turns to growth plan for relief from negativity, poor poll numbers
PoliticsGreek Politicspartner, Independent Greeks (ANEL) short of the 3 percent threshold for entering Parliament. ANEL
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EC recommends symbolic closure of deficit procedure as Athens mulls bond issue
PoliticsGreek Politicspercent threshold set out in the Stability and Growth Pact. Brussels went on to note that Athens
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Newsletter 128 - 21/07/2017
missed the alteration, but Athens denied this and insists that the threshold does not preclude
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Athens forced to consider shelving market access plans for now
PoliticsGreek Politicsgovernment missed the change but Athens denied this and insists that the threshold does not preclude
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IMF insists fiscal targets unrealistic, cites historical evidence to support case
EconomyProgrammefor more than 10 consecutive years. When the primary surplus threshold is increased to 3.5 percent
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IMF sees eurozone debt relief pledges failing to deliver sustainability
EconomyProgrammebe achieved by keeping gross financing under the 15-20 percent of GDP threshold over the time
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PMI stays at 50.5 in July with second positive reading in 11 months
EconomyMacroeconomyGreece’s Manufacturing PMI stayed neutral in July according to Markit, posting over the 50.0 point no-change threshold for the second time since August 2016. The reading signals a positive, though marginal, improvement in the Greek manufacturing sector. The PMI stood at 50.5 in July, the same
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Capital controls to ease further from the beginning of September
EconomyMacroeconomywith credit institutions in Greece, an increase from the current threshold of 30 percent. The procedure
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