Economic growth
Greek PMI up to 52.8 points in March
Greek manufacturers signaled a solid upturn in operating conditions during March, according to the latest PMI data from S&P Global with the seasonally adjusted S&P Global Greece Manufacturing Purchasing Managers' Index at 52.8 points in March, up from 51.7 in February.
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Payments of productivity bonuses begin
Payments of productivity bonuses have started for civil servants who have achieved the goals set by government ministries for 2022. The beneficiaries are employees of the Ministry of Finance and other financial services of the state.
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Why China has passed its economic growth peak
Investors and stock markets have become very excited with China's "reopening" after its abandonment of the zero-Covid policy at the end of 2022. Nobody knows how many people died after more than 80% of the population was declared to have caught the coronavirus, but there have been clear signs of economic revival after three years of drastic lockdowns.
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Brnabic: GDP growth rate expected to reach 2.5 pct in 2023
BELGRADE - Serbian PM Ana Brnabic on Thursday chaired a session of a council coordinating activities and measures promoting GDP growth.
The council said Q1 2023 growth matched projections and that January results were better than expected.
Brnabic noted that Serbia's economic growth rate was expected to reach 2.5 pct this year, an official statement said.
Staikouras: ‘Greece has turned a page’
"Greece has made it. Greece has turned a page," Finance Minister Christos Staikouras said on Friday at an Economist event in Athens.
Staikouras said growth results looked to be higher than expected, with the European Commission envisaging an economic growth double the rate of the European average in 2022 and even higher in 2023.
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ATHEX: Index has 1,000 points in its sights
The main index of the Greek stock market is seriously eyeing the 1,000-point milestone following another session of growth on Friday that saw it climb to its highest level since February 11, 2022, for yet another 11-month high. This time the price growth was universal and not restricted to certain sectors or capitalization sizes, not to mention the increase in turnover.
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Greek economy to slow in 2023 as surging energy costs, Ukraine war hit spending, says OECD
Greece's economic growth is likely to slow to just 1.1% this year from a 5.1% clip in 2022 as soaring energy costs and continued uncertainty about the war in Ukraine hurt spending and investment, the OECD said on Tuesday.
Decrease in uncertainty recorded last month
The KEPE GRIV "Fear" Index eased to 28.48% in December from 31.52% the previous month, evidence of a decrease in uncertainty for the expected short-term course of the Greek market.
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The “impossible” is possible indeed
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Heat Waves due to Climate Change have Cost the World Economy Trillions so far
Massive economic losses brought on by extreme heat induced by human-driven climate change are an issue now, not only in the distant future.