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Greece’s M&A market stagnates during recession
EconomyFeaturesshowed that 57 percent of the companies plan to pursue acquisitions within the next 12 months and 49.... The report cited that M&A value for 2016 could reach 7 billion euros due to a backlog in deals
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Unemployment rate up to 23.6 pct in Q4, down to 23.5 for 2016
EconomyMacroeconomy, but would accept a part-time job, while 12 percent were looking exclusively for a full-time job. Moreover, 7 percent of unemployed did not accept a job offer, with the main reasons being: a) the wage
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Piraeus Bank posts minor losses in Q4, almost breaking even for 2016
EconomyBankinghas been reduced by 1.5 billion euros over the last 12 months, while the respective decline... and NPE reduction targets are seen at 7 and 1.5 billion respectively by the end of 2019. Taking also
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Industrial turnover continues on upward curve with 20.9 pct rise in Feb
EconomyMacroeconomypositive (+0.1 percent) over the trailing 12 months. The ongoing strong upward movement in February... percent) and consumer durables (+7 percent). On the flipside, turnover in consumer non-durables dell
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Govt hopes counter-measures, debt relief talks enough to escape multi-bill maelstrom
PoliticsGreek Politicsin March to 10, according to the poll which was carried out between May 10 and 12. New Democracy... of Centrists garners 8 percent, To Potami 7 percent and Independent Greek 6 percent.
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Athens goes over energy plans, eyes enhanced role
PoliticsForeign Policythe offshore gas fields of Israel and Cyprus with Greece and possibly Italy at a cost of around 7... the last 12 months, approximately 49 percent of TAP’s project route in Greece and Albania has been
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Five-month budget primary surplus confirmed at 1.84 bln, beats target by 790 mln
EconomyMacroeconomyby 7 percent to 3.4 billion, reflecting a double-digit rise in indirect taxes by 10.7 percent, while... surplus of 12 million in the 5-month period, sharply down from last year’s figure of 831 million
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Voters unconvinced by post-Eurogroup narrative, wait for growth
PoliticsGreek Politicsadministrations as well. Only 7 percent of Greeks believe that their financial situation will improve in the next 12 months even though growth has been predicted for this year and the next, and all the talk after
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General govt primary cash surplus at 2.25 bln in May, arrears rise
EconomyMacroeconomyguarantees of over 12 billion are split between gg (5.4 billion) and non-gg (7 billion) entities.
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Proportion of Greeks willing to emigrate for work triples in two years
Societywho reported being unemployed were out of work for a minimum of 12 months. This indicates... percent of the time and the cost was split in 7 percent of the cases. A survey by Randstad
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