PMI drops to 52 pts in Sep as manufacturing sector continues to grow
Greece’s manufacturing PMI dropped significantly in September to 52 points, from 54.5 points in the previous month, S&P Global data showed on Wednesday.
National/regional news and analysis
15% Uncertainty: Greece, Europe and the tariff shockwave
Over the past year the United States has reset its trade stance through a series of executive tariff moves and a high profile EU–US framework that established a 15 percent baseline levy.
A.I. Fighter Jets and Cockroach Spies: Inside the Changing Business of War
Russia’s war on Ukraine changed the course of a generation of start-ups and investors that have applied a new business model to Europe’s military buildup.
The UK must invest in medicines – but not at any price
Cryptographer/ShutterstockThe UK’s science minister, Sir Patrick Vallance, has sounded the alarm over the country’s declining investment in medicines. He warned that the NHS risks losing out on important treatments and the country could lose its place at the cutting edge of medical research if spending does not recover.
Producer prices contract 1.7 pct YoY in Aug due to energy drop
Greece’s Producer Price Index (PPI) went further into contraction in August, with a drop of 1.7 percent year-on-year (YoY), after a decrease of 0.5 percent in July, ELSTAT data showed on Tuesday.
Retail sales up by 4 pct YoY in July as inflation drives volume rise of 2.1 pct
Greece’s retail sales accelerated growth with a 4 percent year-on-year (YoY) in July, after a 3 percent increase in June, Hellenic Statistical Authority (ELSTAT) data showed on Tuesday.
ND struggles to gain traction on back of tax-cut pledges as voters’ trust remains low
After his six-day trip to New York for the United Nations General Assembly, Prime Minister Kyriakos Mitsotakis returns to the more mundane task of domestic politics this Tuesday, knowing that his party has failed to make any significant progress in the opinion polls following the recent announcement of a major tax-cut package.
Trump Expands Global Technology Net With Rules Covering Subsidiaries
The Trump administration issued a rule to automatically extend trade restrictions for organizations on the “entity list” to any majority-owned subsidiary.
A second runway at Gatwick airport could improve efficiency and bring down fares – an economist’s view
Steve Travelguide/ShutterstockThe £2.2 billion plan for a second runway at London’s Gatwick airport has divided opinion over environmental concerns and its ability to kickstart the economic growth the UK so badly needs. Critics have said that the economic benefits are overstated and the environmental harms unavoidable.
Ending taxes on home sales would benefit the wealthiest households most – part of a larger pattern in Trump tax plans
Not long after U.S. housing prices reached a record high this summer – the median existing home went for US$435,000 in June – President Donald Trump said that he was considering a plan to make home sales tax-free.
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