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Greece’s M&A market stagnates during recession
EconomyFeaturespercent have more than five deals in the pipeline. The sectors with the strongest appetite... activity in the Greek market had been low in 2015, but still better than expected. In all of 2015... percentage points and an economic sentiment deficit 24 percentage points lower than the European average
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Higher number of firms and employees, increased average wage in private sector in 2016
EconomyMacroeconomywere employed in more than one firm. The number of companies has increased by 10,870 from 2015... also 541 large corporates employing more than 250 employees each. As it was also evident last year... part-timers, around 41 percent received a salary up to 1,000 euros, more than 20 percent between
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Budget execution starts 2017 with primary balance outperformance on target-beating revenues
EconomyMacroeconomy, largely reflecting higher than expected revenues (by 340 million), while primary expenditure and Public Investment Budget (PIB) balance came in 58 and 41 million lower than target. In addition, the state... rose by 6.1 percent to 314 million, slightly better than the target. This led net revenues up 10.7
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First day of talks highlights distance that needs to be covered
EconomyProgrammeon the fiscal issues, it reportedly lasted less than half an hour and the key topic was the agenda of future meetings rather than a comprehensive discussion. Government sources said the starting point... of each year rather than the official announcement by Eurostat around four months later
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Greek women in crisis
Agorathose who have been looking for work for longer than 12 months, 62.35 percent are women. This is equivalent to more than half a million women. However, informal unemployment for women is estimated... than the global average of 23 percent but in certain sectors, the inequalities are startling
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Greeks most sceptical in EU about country's future, their voice counting in Europe
Societyto the EU two years ahead of the next European Parliament elections, Greek responses, more often than... to last for many years” in Greece, which is more than double the EU average of 30 percent. Citizens... to their respective countries (98 and 97 percent) than the citizens of the other member states to theirs
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Newsletter 118 - 12/05/2017
increased at a faster pace of 36.2 percent in March, more than double the growth rate of 17.7... rise of 21 bps to 5.38 percent was recorded for loan amounts of less than 250,000 euros..., Tzanakopoulos described the court as issuing a “non-binding opinion” rather than a “ruling”. He also said
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EU migration survey paints picture of lives of non-native population in Greece
Societywas more than 12 percentage points higher in non-EU both youth than the native born population. The trend in the EU member states tended to show that non-nationals had a higher rate than nationals... rate of nationals was substantially higher than that for non-EU citizens at 21 percentage points
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Newsletter 127 - 14/07/2017
of less than 5 percent. It is not clear if it will be a reopening of the five-year bond that matures... to the markets in the summer of 2018 rather than recent reports. The unnamed official added... at the end of 2016 from 348.77 a year ago. The decline largely reflects a drop by more than 26 billion
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Budget surplus at 1.94 bln in 6-month, 1.51 bln above target on strong underspend
EconomyMacroeconomythan target coupled with higher than expected Public Investment Budget (PIB) balance by 272 million... underspend of 1.16 billion. The MoF said that the lower-than-expected expenditure stemmed mainly..., expenditure fell by 3.2 percent to 22.86 billion, 1.15 billion lower than target. PIB PIB revenues
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