Capital

Three-Day Slide of 1.4% Hits Athens Stock Exchange – Key Drivers Behind the Decline

The inability of buyers to react showed today’s (10/9) third consecutive session of losses on the Greek stock market. Although initially the General Index had recovered above 1,440 points, sellers then took the reins again and led the market below 1,430 points.

Athens Stock Exchange suffers second session of losses – Closed at the daily lows

The Greek stock market found itself in downward territory for the second consecutive day, falling back below 1,440 points, but keeping this critical threshold in close proximity. Athens failed to coordinate and went “against” the favorable sentiment of the international markets. Stabilizing trends on the board, with the General Index moving in a range of just 9 points.

Bulgaria Leads EU in Producer Price Growth for July 2024

In July 2024, producer prices in the EU and the euro area saw an increase of 0.8% compared to June 2024, according to preliminary data from Eurostat. This follows a 0.6% rise in both regions during June 2024. Bulgaria reported the highest growth in producer prices within the EU, with an increase of 3.6% on a monthly basis.

Greece outperforms the EU

The Greek economy's growth rate in the year's first quarter proved to be higher than the market expected, coming at 2.1%, and bringing much optimism to the government, since the corresponding rate in the European Union was a meager 0.4%.

22 companies go public in first half

Some 22 companies have launched initial public offerings (IPO) in the first half of 2023, data from the Central Securities Depository (MKK) have shown.

Those companies raised a total of 26.4 billion Turkish Liras from the IPOs in the January-June period, according to MKK.

In the whole of 2022, 40 companies went public, raising 19.3 billion liras through IPOs.

A plan for tourism

Greek tourism is at a crucial crossroads. It continues to be the main source of national revenue, but its continued growth relies on two assets that cannot be quantified - the country's natural and cultural capital. 

Turnover in industry up 23.9pct in Jan-Aug 2021

Turnover in industry increased by 23.9% in January-August 2021, by 23.9% more than in the same period last year, according to a press release of the National Institute of Statistics sent to AGERPRES on Tuesday. This is mainly due to the growth recorded in the manufacturing industry (+ 24.2%) and the extractive industry (+ 13.9%).

Official statistics: Jan - May new manufacturing orders up 27 pct YoY

New orders for Romania's manufacturing industry over January 1 - May 31, 2021 were 27 percent up in nominal terms from the same period in 2020 on the back of growth in the durables industry (+37.5 percent), the intermediate goods industry (+32.7 percent) and the capital goods industry (+27.0 percent), the National Institute of Statistics (INS) informs.

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