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Greece’s M&A market stagnates during recession
EconomyFeaturesdeals cited by PWC, and that the estimated transaction value improving by 33 percent in dollar... stood at 10, half the number for the same time in 2015. The estimated transaction size
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Banks see efficiency gains after shedding 29 pct of staff, 42.6 pct of branches during crisis
EconomyBankingone third from 8.63 billion in 2009 to 5.82 billion in 2015, while a further cut is estimated... of POS sharply rose by around 100,000 in 2016, while is estimated to increase by another 90,000
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Tsakalotos and Stournaras raise objections to IMF assumptions
EconomyProgramme, with the primary surplus estimated at close to 2 percent of GDP, is not incorporated in the IMF’s... BoG has estimated that the achievement of non-performing loan (NPL) reduction targets will further
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Greece forced to revisit prickly subject of pension spending to conclude review
EconomyProgrammeincluded the phasing out of the solidarity grant (EKAS) with estimated savings of 0.4 percent of GDP..., with estimated savings of 0.75 percent of GDP. This would mean the majority of the personal difference being
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NBG records net profits of 73 mln in Q4, turns profitable for whole year
EconomyBankingof a voluntary retirement scheme last December is estimated to yield savings of 60 million. Impairment losses... capital actions are estimated to enhance capital ratios by 200 bps, with half of this improvement
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Another privatisation goal ticked off as 600 mln offer secures Athens airport concession
Economyrevenues from AIA’s income tax are estimated to reach 1.47 billion. Moreover, an additional amount... authorities as well as ratification by Greece’s Parliament. The economic closure is estimated by the end
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Newsletter 121 - 02/06/2017
for the 20-year period. Revenues from AIA’s income tax are estimated to reach 1.47 billion... Parliament. The economic closure is estimated by the end of the year. The pace of credit contraction
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Privatisation plan inches along as groups express interest in DESFA
EconomyProgrammeThe revenues from privatisations in 2016 came to 500 million euros. For 2017, they are estimated... billion in 2017-2021. Revenues of 2.15 billion are estimated in 2017 and 2.07 billion in 2018, which
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Greek households switch to natural gas in record numbers as winter approaches
EconomyFeaturesand Thessaloniki, and the Thessaly region. Deliveries of heating oil in October cost an estimated 4.3... gas are estimated at 40 percent. This year also saw the relaxation of the rules governing new
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Retail sales fall for second straight month in Oct, with 0.8 pct decline
EconomyMacroeconomyand beverage, books and toys. December sales are estimated to reach 4.09 billion euros, from 4.03 billion in 2016. Overall in 2017, total retail turnover is estimated at 42 billion, from 41.4 billion
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