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PMI drops to lowest in more than a year at 53.8 pts, but manufacturing remains on solid ground
EconomyMacroeconomyGreece’s Manufacturing PMI dropped by one point in May to 53.8 points, according to S&P Global data released on Wednesday. May PMI is the lowest in more than one year, but still indicates solid operating conditions in the Greek manufacturing sector. The overall expansion is the slowest since March
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Travel balance surplus more than doubles YoY in Jan
EconomyMacroeconomyGreece's travel balance recorded a modest surplus of 112.6 million euros in January, compared to 114.9 million euros in December, according to data released by the Bank of Greece (BoG) on Tuesday. January's balance was over 106 percent higher than the 54.6 million euros recorded in January 2023
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Hiring balance improves by more than 18,000 jobs up to Aug
EconomyMacroeconomyGreece’s employment balance was negative in August with 2,542 more departures than hires, according to data from the Labour Ministry’s Ergani information system. The hiring balance in August last year had 5,081 more departures. This led to a year-on-year drop of 2,539 fewer departures. Total
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Greek train firm TRAINOSE attracts just one bid, no interest in rolling stock
Economyin 2005 as a subsidiary of the Greek railway company (OSE), which was founded in 1970 and is wholly owned
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Athens buoyed by content, mood of Mitsotakis trip to Washington
PoliticsForeign PolicyEurope. Additionally, Mitsotakis has announced the appointment of Nikos Tsafos, a member of the Center
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What is the state of play with Greek banks?
Economya majority stake in Pangaea, its real estate investment subsidiary with an estimated market value of its
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After Q3 results, what next for Greek banks?
Agorapercent in Pangaea REIC to the Netherlands-based Invel. This resulted in a capital enhancement
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Current account balance shows surplus of 300.6 mln in May
EconomyMacroeconomythe acquisition of NBG Pangaea Real Estate Investment Company by Invel Real Estate B.V. Portfolio investment
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NBG 2024 profits at 1.16 bln, commision income up 12 pct at 427 mln
EconomyBankingIncome (PPI) stood at 1.9 billion, up by 5 percent annually. Operating expenses in 2024 were 884 million
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Karatzaferis offers to boost New Democracy's right wing with LAOS alliance
PoliticsGreek Politicswhere liberal reformists sat uncomfortably alongside staunch nationalists. This odd and precarious
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