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PMI eases to 54.2 in May as exports continue to rise
EconomyMacroeconomyGreece’s manufacturing PMI dropped to 54.2 points in May from 56.6 points in April, according to the latest data from Markit PMI. April’s figure had been the highest reading for Greece since June 2000. Despite the drop in the latest month’s reading, Markit noted that the reading still signalled
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Lenders set to highlight reform delays, leaving fiscal gap concerns until after elections
EconomyProgramme, that the latest “positive” measures are not growth-friendly and do not provide support... made since the second enhanced surveillance report earlier this year will be set out, the latest
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GDP rises by 0.2 pct QoQ in Q1, increases by 1.3 pct YoY
EconomyMacroeconomyincreased by 8.7 percent. The latest figures from the Greek Tourism Confederation (SETE) showed... rose by 7.8 percent year-on-year. Regarding travel revenue, the latest figures from the Bank
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EC warns budget not on track due to handouts, advises against further underspend
EconomyProgrammemeasures last month, so it was no surprise that this issue was explored extensively in the latest..., there is a significant divergence over the assessment of the latest expansionary package. Greek authorities have
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Tsipras tries to use Brussels warning to his political advantage
PoliticsGreek PoliticsAlexis Tsipras attempted on Thursday to turn the latest criticism from Greece’s lenders to his political advantage as he continues to search for an edge over his rival, Kyriakos Mitsotakis. In a pre... the opposition leader to the latest demands from Brussels. “The Greek people must know the truth
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Newsletter 209 -07/06/2019
, according to the latest data from Markit PMI. Despite the drop in the latest month’s reading, Markit
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Industrial production drops by 0.8 pct in Apr
EconomyMacroeconomyon Monday. The latest headline figure is the second negative reading in as many months. Month... index (-10.2 percent) and water supply production index (-0.7 percent). According to the latest
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Building permits drop by 14.4 pct in March
EconomyMacroeconomyshowed. The latest monthly headline figure is the fourth consecutive drop in as many months... to the tourism industry and short-term lettings. In addition, the latest confidence indicator for May released
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Eurosystem funding drops by 399 mln in May, ELA collateral falls to zero
EconomyMacroeconomyGreek banks’ Eurosystem funding fell by 399 million euros month-on-month (MoM) in May, the monthly Bank of Greece's (BoG) financial statement showed. As of the latest month, the total for central... in circulation have declined by 22.35 billion euros. As of the latest month’s figures, banknotes
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Card usage gains traction with debit cards leading the way, BoG finds
EconomyBankingThe Bank of Greece’s (BoG) latest overview of the Greek financial system has shown that the rate of card use among businesses and individuals has steadily increased over recent years. According to the latest data, the total number of active payment cards in circulation at the end of 2018 came to 17
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