China-Posidonia.

yesterday. Markit’s Purchasing Managers’ Index (PMI) for manufacturing, which accounts for about 10 percent of the Greek economy, rose to 54.2 from 52.9 in April. Readings above 50 denote expansions in activity while those below indicate contractions. “May saw the recovery in the Greek manufacturing sector reach an important milestone, with output now having risen on a monthly basis throughout a year,” said Andrew Harker, IHS Markit associate director. Driving the expansion in output was a rise in new orders at home and from abroad. Growth in export business hit a three-month high in May. for the European Union’s budget for 202127, farmers would receive around 232 billion euros in direct support, a drop of more than 30 billion euros from the current seven-year budget. The agriculture ministers of France, Spain, Portugal, Ireland, Finland and Greece immediately issued a joint statement saying they opposed the proposed cuts – which must be approved by all EU members – and called for maintaining current spending levels.

The 2018 Posidonia maritime exhibition will open on Monday, breaking new records and with a strong Chinese presence, organizers said on Thursday. China’s presence at the event will be the strongest once again, Theodore Vokos, executive director of Posidonia Exhibitions, told Xinhua. The Chinese is the largest of the 22 national pavilions, while over 170 stands representing Chinese companies have been set up.