ATHEX joins forces with Romania’s BRM
The Athens Stock Exchange Group and the Romanian Commodities Exchange (BRM) signed an agreement on Tuesday on post-trading services in Romanian futures contracts in natural gas trading on the BRM market.
The wine business sees a problem: Millennials aren’t drinking enough
The American wine industry believes it has a problem: millennials.
Greeks’ disposable incomes up 4.7% in Q3 of last year
A rise in Greek households’ disposable income combined with a significant reduction of unemployment are helping to ease pressures on family budgets in the form of increasing inflation, Finance Minister Christos Staikouras said on Tuesday.
Energy subsidies are extended into February
Environment and Energy Minister Kostas Skrekas announced on Wednesday the subsidies for electricity and natural gas that will apply in February for households and enterprises. The average subsidy for electricity will be 39 euros for households and €65 euros for enterprises.
Pressure on Greek bond yields eases
Eurozone bonds calmed on Wednesday, with yields falling for the first time in five sessions, as markets reassessed the European Central Bank’s perceived hawkish policy pivot last week and some doubts emerged about its communication strategy.
EIB venture debt support pledged to Matrix Pack
Matrix Pack, Europe’s leading producer of drinking straws, has become the first Greek company to benefit from the European Investment Bank’s venture debt financing to help the company reduce the use of single-use plastics among millions of consumers.
PAOK and Olympiakos leave it late but stay in Cup
PAOK, Olympiakos and Panathinaikos have joined Lamia in the semifinals of the Greek Cup after emerging victorious from their second-leg quarterfinals on Wednesday.
Guts and composure
I often wonder if this country is governable. But I imagine that there comes a time when whoever rules it asks the same question, without being sure of the answer.
ATHEX: Bourse index climbs to new 7-year high
The upward momentum on most European markets and the easing of pressure on Greek state bonds gave local stocks an adequate boost to take the benchmark almost 2% higher on Wednesday, reaching a level unseen in over seven years.
Nicosia to use casino cash for housing
Cyprus will channel 15% of its new casino’s revenue, as soon as it becomes operational, to the Cyprus Land Development Corporation (CLDC) for the promotion of its housing policy projects, the island’s government decided on Wednesday.