Markit Economics released its final manufacturing purchasing managers' index (PMI) for Greece on Monday. Greece's manufacturing purchasing managers' index (PMI) climbed to 50.2 in December from 48.1 in November.

The index was driven by a rise in production.

"The improvement in business conditions was propped up by a modest expansion in output, something manufacturers have not experienced during 2015. The increase in workforce numbers, albeit fractional, has also helped to resuscitate the sector," Markit economist Samuel Agass said.