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Going private in Egypt

The Egyptian government has decided to offer the second of the original four state-owned commercial banks for sale to a strategic investor. However, the deal may not proceed quite as smoothly as the privatisation of Bank of Alexandria, which was sold to San Paolo IMI of Italy last October for …

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Youth unemployment becoming a serious concern in Southeast Europe

In a rapidly changing economic environment in Southeast Europe, many university graduates are unemployed. At a World Bank conference –“Young People in Eastern Europe and Central Asia: From Policy to Action”– held in Rome in May, many said that the unemployment trend could slow economic growth and lead to increased …

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