After pivoting Turkey away from Western allies, President Tayyip Erdogan has changed tack with moves that have pleased the US and upset Russia, a turnaround seen aimed partly at reversing his country’s economic downturn and boosting foreign investment.
Greece’s first post-election market foray was crowned with success on Tuesday, with the issuance of the new 15-year bond garnering strong demand from investors.
The issues of the Hellenic Financial Stability Fund’s divestment from Greek banks and the expansion of the Hercules program were at the center of the meeting held this week by Minister of National Economy Kostis Hatzidakis with the Hellenic Bank Association.
Fuel is permitted to be transported across the Green Line in Cyprus under certain conditions, the European Commission’s competent representative said at a press briefing.
The Greek banking system is healthy and has credibility but needs to be alert as challenges to financial stability remain high, Bank of Greece Governor Yannis Stournaras said on Tuesday.
A chocolate museum in St. Petersburg. A gold mine in the Central African Republic. Oil and gas ventures off the Syrian coast. The economic ventures of Yevgeny Prigozhin, a former hot dog seller turned Wagner group warlord who staged a brief mutiny against Russia’s military last month, stretch far beyond the thousands of mercenaries he…
At the level of the global economy, focusing on the US, the dominant question is whether we are going to see lower interest rates in the current year.
The concession process for some of the country’s marinas is speeding up.
One of the largest container ships in the world, and one of the two largest that have so far docked in Piraeus, was welcomed on its maiden voyage by the Piraeus Container Terminal (PCT).
The leadership developments in the SYRIZA party are coming to a head on Saturday, when the meeting of the Central Committee will take place.