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  1. Greece’s M&A market stagnates during recession

    EconomyFeatures

    activity, in Greece, a sharp decline has been recorded. A January 2016 survey by PWC showed that M&A... 2016 M&A activity was domestic rather than foreign. Mr Iosifidis cited what for many has become

    2%

  2. Overdue contributions rise at accelerating pace of 615 mln in Q4, stock climbs to 17.54 bln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    the past seven quarters, when data has been available. KEAO is fed with the overdue SSCs that exceed... million, largely due to a strong performance in the last quarter of the year. Overall, KEAO has collected

    2%

  3. Positive deposit flow of 2.8 bln in Dec leads 2016 inflows to 4.2 bln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    improvement mostly has to do with seasonal reasons. These include the payment of the Christmas.... Overall, Eurosystem funding has declined by 60 billion euros since the July 2015 attributed

    2%

  4. Credit contraction accelerates to 1.5 pct in Dec, net lending flow remains subdued
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    355 million in 2016, dragging the balance down to 24.65 billion at the end of December. There has been... credit balance has contracted by almost 30 percent since 2011, followed by mortgages (-23.7 percent

    2%

  5. Stocks fall for fourth straight week amid lack of progress in talks with lenders
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    and landed at 628.92 on Friday. It has recorded cumulative losses of 4.8 percent over the last four... Bank said on Monday it has agreed with the Serbian MK group for the sale of Alpha’s entire stake (100

    2%

  6. Unemployment rate stable at 23 pct in November
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    level since April 2015. Over the last 12 months, the unemployment rate has declined by 1.5 percentage..., there is a marked divergence in their projections for 2017. Τhe IMF has the most optimistic forecast (21.3

    2%

  7. Economic sentiment and consumer confidence deteriorate in Feb
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    , the most notable deterioration has been recorded by the construction confidence indicator (-23.8 points... points). In contrast, the services confidence indicator has soared by 19.2 points in the last 12

    2%

  8. Credit contraction rises to 1.6 pct in Jan on extended deductions of 885 mln

    EconomyMacroeconomy

    to 24.46 billion. Bank lending has been in negative territory since the beginning of 2011... by almost 25 percent. The biggest drop over this six-year period has been recorded in consumer credit

    2%

  9. Unemployment rate stable for third month at 23.1 pct in Dec
    By Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    , the unemployment rate has decreased 1 percentage point (pp) attributed to a modest rise in the number... in their projections. Specifically, the IMF has published the most optimistic forecast of 21.3 percent

    2%

  10. Revenues beat target by 3.9 pct in Feb, remain above target for year

    EconomyMacroeconomy

    the target by 212 and 142 million respectively. The Finance Ministry has repeatedly stressed... revenues, the ministry considers a large portion as recurring. This has contributed, along with other

    2%