Greece

Gas and other energy prices have spiked in Greece, Europe and globally in the past two weeks. Experts have been researching whether this could lead to a new global energy crisis, like the one in the 1970s. Analysts believe gas...

Greek manufacturing activity kept expanding in December as new orders grew at the fastest pace in over nine years, leading firms to increase hiring and production, a survey showed on Tuesday. Markit's Purchasing Managers' Index (PMI) for manufacturing, which accounts...

Greek manufacturing activity continued to expand in November with rising demand and a robust increase in new orders leading firms to hire staff at one of the fastest rates in the last 18 years, a survey showed on Friday. Markit's...

Greek manufacturing activity continued to expand in October, but at a slower pace than the previous month, with rising demand at home and abroad leading firms to hire staff at one of the fastest rates on record, a survey...

Greek manufacturing activity expanded in September at the fastest pace in nine years, as rising demand at home led firms to hire more staff and increase output, a survey showed. Markit's Purchasing Managers' Index (PMI) for manufacturing, which accounts for...

Growth in Greek manufacturing activity accelerated in August for a third consecutive month, as rising demand at home and abroad led firms to add jobs and increase production, a survey showed on Friday. Markit's Purchasing Managers' Index (PMI) for manufacturing,...

Greek manufacturing activity expanded in July for the second straight month, driven by a rise in staffing numbers and output, a survey showed. Markit's Purchasing Managers' Index (PMI) for manufacturing, which accounts for about 10 percent of the economy, stood...

Adding to a dismal Monday for the Greek economy, that has seen a stock market crash and significant revenue losses for Greek firms, financial information service company Markit released its July survey results on Greece's Manufacturing Purchasing Managers Index. The Manufacturing PMI denotes the well being of...

Mark Ostwald, strategist at ADM Investor Services, says the prospect of radical left SYRIZA party taking hold of the Greek government is causing a spike in the country's bond yield. The positive outlook of the recent drop in Greek bond yields appears to...

In April, the seasonally adjusted PMI (Purchasing Managers Index) of Markit, closed at 51.1, for the Greek manufacturing sector, a higher rate than the 49.7 points in March. The index remained above the no-change 50 point stage which separates growth...

"How long will it take for Greece or Spain to reach pre-crisis levels of employment? Ten years would be an optimistic guess. It may take a generation. Only then can we credibly speak of an economic recovery," states Wolfgang...

Greece 's Purchasing Managers Index (PMI) grew to 51.2 points in January, from 49.6 points in December, recording the first reading above the 50-point level, marking a growing manufacturing sector since August 2009. A report by Markit, which compiles the...

Austerity measures begun three years ago are slowly shrinking the manufacturing sector, according to a survey by Markit Economics, a trend that picked up in March when production capabilities fell faster than the previous month as a result of...

Greece΄s economy contracted 6.2 percent in the second quarter as belt-tightening to slash deficits continued to take a toll, hampering efforts to meet targets set by the country΄s international lenders for continued bailout funding. Currently in its fifth consecutive year,...

The first phase of an auction to settle credit default contracts underwritten on Greek sovereign debt determined an Initial Market Midpoint of 21.75, Creditex, according to Dow Jones citing Markit. This value is the result of the initial bidding process...