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  1. PMI up to 58.6 pts in June on strongest rise in new orders for 21 years
    Photo via Flickr https://flic.kr/p/3pyqsB

    EconomyMacroeconomy

    Greece’s manufacturing PMI in June reached 58.6 points, from 58 points in May, signaling the ongoing improvement in market conditions in Greece, as compiled by Markit. This was the strongest growth rate since April 2000. The growth was supported by an increase in new orders with the rise in sales

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  2. Alpha Bank buoyed by 800-mln-euro share capital raise
    Photo by MacroPolis

    EconomyBanking

    investors participated. The bank’s management sees the strong interest and the high quality of investors

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  3. EC summer forecast sees growth edging up to 4.3 pct, driven by RRF
    Photo by EC - Audiovisual Service

    EconomyMacroeconomy

    The European Commission continues to marginally revise upwards its forecasts for Greece’s growth: In the latest summer forecasts released on Wednesday it sees the economy growing by 4.3 pct in 2021, from the 4.1 pct expected in May. The growth estimate for 2022 remains unchanged at 6 pct

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  4. Trade deficit widens by 43.9 pct in May as imports soar
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    Greece’s trade deficit rose by 43.9 percent year-on-year (YoY) in May, following a rise of 70.7 percent in April compared to an increase, according to data from the Hellenic Statistical Authority (ELSTAT) released on Thursday. The deficit came to 2.23 billion euros for the month. Imports totalled

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  5. Building permits jump by 124.5 pct in April, from year-earlier lockdown
    Photo by MacroPolis

    EconomyMacroeconomy

    increased by 50.5 percent, and volume increased by 47.3 percent. Greece’s construction sector was damaged

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  6. Employment balance positive by 73,502 in June; most on record for month
    Photo by MacroPolis

    EconomyMacroeconomy

    The employment balance was positive with 73,502 more hirings than people leaving their jobs in June, data from the Labour Ministry’s Ergani information system showed. Compared to the same month last year, the employment balance improved by 35,934. The balance was the highest for June going back

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  7. Primary cash balance deficit at 9.27 bln in June
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s central government recorded a primary cash balance deficit of 9,27 billion euros in the first half of the year, according to figures released by the Bank of Greece. The cash balance for the same period last year, excluding bond issuance and the financing of the cash buffer, came

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  8. Govt prepares ground for unvaccinated to face penalties
    Photo via https://flic.kr/p/oM982o

    PoliticsGreek Politics

    senses that the centre-right party’s handling of the pandemic is being questioned again, especially

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  9. Economic sentiment rises above 111 pts in July but consumer confidence drops further
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s economic sentiment (ESI) resumed its recovery path in July, rising to 111.2 points, from 108.7 in June, according to European Commission figures released on Thursday. The Employment Expectations Indicator (EEI) also increased to 115 points, up from 112 in June. The sentiment indicator hit

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  10. PMI grows in July, but supply chain issues and price pressure come to fore

    EconomyMacroeconomy

    Greece’s manufacturing PMI stood at 57.4 points in July, from 58.6 points in June, signalling the ongoing improvement in market conditions in Greece, Markit data showed on Monday The rates of growth in output and new sales remain near historic highs, Markit notes. The latest data is the third

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