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  1. Manufacturing PMI falls to record low in July, new business sees biggest drop

    EconomyMacroeconomy

    including output, new orders, employments and stocks. This was mainly led by the capital goods... mainly led by the difficulty in receiving items from abroad. Another strong negative implication

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  2. General gov't primary cash surplus shrinks in first half of 2015 as state arrears grow

    EconomyMacroeconomy

    mainly led by the return of 10.9 billion EFSF bonds to the ESM in February and payments to the IMF of 2.6... a considerable increase by 51.9 billion YtD. The marked rise mainly stems from Emergency Liquidity

    1%

  3. Record revenue shortfall of 2.83 bln in July shrinks primary surplus outperformance

    EconomyMacroeconomy

    by 2.83 billion. This is mainly attributed to: 1) SMP and ANFA income of 1.46 billion... target. This is mainly the result of the government’s decision to delay payments of non-payroll

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  4. Wages index falls 1.8 pct QoQ in Q1 2015 for the second successive quarter
    Photo by MacroPolis

    EconomyMacroeconomy

    at 120.4. Since then, the wages index shows a nosedive by 28.2 percent mainly reflecting... more flexible forms of work. For the public sector, it mainly includes the salary cuts imposed

    1%

  5. Athens bourse dives 10.54 pct on Monday, falling to lowest since June 2012
    Photo by Can Esenbel [http://www.mundanepleasure.com/]

    Economy

    surrounding the foreign markets, mainly driven by the Chinese economic slowdown. Today’s performance follows a drop by 5.7 percent last week mainly led by banks plunging 28.7 percent. The General

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  6. Revenue uptick unable to stop 7-mth primary surplus outperformance falling to 724 mln

    EconomyMacroeconomy

    half to 724 million in the 7-month period. This is mainly on the back of a 2.65-billion-euro... in the 7-month to 9.47 billion, 2.58 billion below target. This is mainly attributed to income tax

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  7. Retail sales fell by 1.7 percent in June, after a short-lived rise in May
    Photo by MacroPolis

    EconomyMacroeconomy

    respectively. Compared to the previous month (MoM), retail turnover rose by 2.2 percent, mainly due... income by around 31 percent mainly stemming from increased unemployment, a series of salary

    1%

  8. Lack of new orders and sharp drop in production lead to weak PMI in August

    EconomyMacroeconomy

    successive month in August significantly dropping from the previous month mainly reflecting a lack... highest pace over the past 1.5 year mainly led by a lack of raw materials, while stocks of purchases also

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  9. Newsletter 41 - 04/09/2015

    Newsletters

    . This would be a complicated administration to bring together, mainly due to the differences between SYRIZA... shortfall. As regards July in particular, these mainly relate to the non-payment by the eurozone

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  10. Greek bank recapitalisation: The story so far and what lies ahead
    Photo by MacroPolis

    Economy

    . The few details that have emerged so far mainly relate to the macro assumptions in the baseline.... Those needs mainly resulted from PSI and credit losses following a diagnostic study, conducted

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