Markit Manufacturing PMI for Greece is outright disastrous.
Euro area Manufacturing PMI for July came out with a slight decrease on June 2015 reading, still beating (marginally) flash estimate:
Looking at countries ranked by PMI reading, Italy showed a surprise rise, while Austria posted a surprise fall:
But the real story is Greece:
One wonders, just how much more the Greek economy is going to contract before the Bailout 3.0 is finalised and just what new wondrously well-working structural reforms will be needed to get it out of the new hole?
