Greece
Business
Greek PMI Plunged to 39.1 Points in August
Greece's Purchasing Managers' Index (PMI) fell to 39.1 points in August, one of the lowest levels ever recorded, reflecting a sharp deterioration of business conditions in the country's manufacturing sector.
The lack of new orders and further sharp decline in production...
Business
Greek Manufacturing PMI Recorded Unprecedented Contraction in July
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...
Economy
Greek PMI Rises to Highest Levels Since Aug 2009
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...
Business
Real Estate Economy in Greece Grows in Multiple Sectors
The recently released Cushman Wakefield Proprius Marketplace Real Estate report demonstrated a significant growth in the Real Estate economy of Greece. The economy grew in all three different sectors, namely industrial, retail, and office.
The Growth of the Economy of...
Ancient Greece
Ancient Philistines Were Likely of Greek Origin, DNA Study Shows
Philistines were very likely of Greek origin, as a new DNA study traces the origins of the ancient villains in the Eastern Mediterranean
Europe
Was 1821 a Greek Revolution or a War of Independence?
The Greek War of Independence was the subject of an online lecture co-hosted by the Consulate General of Greece in Boston and College Year in Athens.
Business
Greek Manufacturing Achieves Highest Expanse in 9 Years
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...
Business
Greek Manufacturing Expands for Sixth Straight Month
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...
Economy
Greek Manufacturing Grows at Lower Pace in October, Hiring Rises
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...
Business
Greek Manufacturing Growth at Fastest Pace in 9 Years
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...
Business
August Sees Greek Factory Activity in 9-Year-High
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,...
Business
Greek Manufacturing Grows for Second Straight Month in July
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...
Economy
Fitch: Greece’s Preliminary Deal With Creditors Is Positive Step for Unlocking Aid
The preliminary agreement between Greece and its international creditors is a positive step towards unlocking funds that will enable the country to meet its July debt maturities, Fitch Ratings said in a press release on Thursday. It is also...
Greece
Papastratos Named Top Employer in Greece
Papastratos Group was named Top Employer in Greece while its parent company, Philip Morris International was named Top Employer in Europe and the world in 2017 by the Top Employer Institute.
It is the third successive year that Papastratos wins...
Greece
Greece Celebrates Closing Ceremony at Rio Paralympics 2016 With 13 Medals
As the Rio Paralympics 2016 games came to a close on Sunday, Greece walked away with a total of 13 medals.
Greece won a total of five gold medals including Thanasis Constantinidis who scored the final gold for Greece on...