Goldman Sachs expects Greek banks to show strong results in the third quarter of the year as well, following the trend of the second quarter, with further strengthening of net interest income, which will be supported by the 50-basis point increase in interest rates, to which it is estimated that the European Central Bank will…
Building permits issued in Cyprus in the first half of 2023 dropped by an annual 7.4%, with the value of the permits rising by 16.5% and the total area by 3%, data released by the Statistical Service of Cyprus (CyStat) show.
Currys said on Thursday it would give an update on its Greek business, Kotsovolos, where a strategic review is under way which could lead to a sale, in due course.
DBRS Morningstar upgraded Greece’s credit rating to investment level on Friday, ending the country’s bonds “junk status” after 13 years.
Iliana Magra, a journalist with Kathimerini, joins Thanos Davelis with the latest reporting from Greece on the unprecedented Storm Daniel that has battered the country this week, leading to the death of multiple people, triggering landslides, road and bridge collapses, and is being described as a “biblical catastrophe”.
The benchmark of the Greek stock market staged an impressive rebound late in Friday’s session to come back from 1% down and close with gains of almost 1%.
The scale of natural disasters surpasses the existing capacities of the state and political personnel.
Over 45 billion euros, or €6 billion on an annual basis, is expected to be invested in the Greek housing market by 2030, according to a relevant report by the National Bank of Greece.
The exit of the Attiki Odos towards the Athens-Lamia Highway (Exit 8) leading from the Athens International Airport toward Piraeus will be shut down from 10:00 p.m. on Saturday to 10:00 a.m. on Sunday for heavy repairs to the tarmac.
Greek consumers spent 1.53 billion euros in the clothing market over the first half of the year, according to figures the Greek Fashion Association (SEPEE) released on Thursday.