Economy of the Netherlands

Shedding light on the history Turkish music spanning decades. Mehmet Koçoğlu sells thousands of cassette tapes in his shop in Ankara’s Ulus district, as vinyl-nostalgia seems to pass to its younger plastic cousin. Click through for the story in photos...

Greece's state-controlled DEPA gas company has concluded the acquisition of Shell's 49 percent stake in a domestic gas supplier and in a gas distributor in Athens, becoming the sole stakeholder in the two companies, it said on Wednesday.

Dutch prosecutors said on Sept. 4 they had settled a money laundering case with lender ING Groep NV for 775 million euros ($900 million).

Woodside said on Wednesday that it had entered the farm-in agreement with Shell to buy a 30% non-operated participating interest in Block 1-14 Khan Kubrat

The block is located within the continental shelf and exclusive economic zone of the Republic of Bulgaria in the Black Sea.

The Energy Ministry expects on Friday to close the deal between Public Gas Corporation (DEPA) and Shell for the acquisition by the Greek gas company of the Dutch group's stake in Attica Gas Corporation. The process is already behind the schedule provided for in an agreement between Minister Giorgos Stathakis and Greece's creditors.

The World Bank provided a 73.5-million-euro (over $86.5-million) loan for a sustainable cities project in Turkey, according to the Treasury's announcement.

Archaeological excavations in the ancient city of Antandros in the northwestern province of Balıkesir, where work has been continuing for 16 years, have revealed a number of ancient shops which sold cosmetics, indicating that women have been interested in such products for millennia. 

The adjacent shops were unearthed as the works neared an end in the ancient city. 

A total of 45 tons of gold worth $1.7 billion have re-entered the Turkish economy through a number of gold collection campaigns, said Istanbul Gold Refinery?s Alternative Sale Channels-Gold Banking Director, Enver Ya?ar. 

The gold collection campaign started in 2010 with the attendance of one bank. There are now 11 banks in the system. 

A proper revision of the regulations regarding public acquisitions in Romania and the implementation of the Prevent system in identifying conflicts of interest will help Romania to fight corruption in this field, the US Charge d'Affaires in Bucharest, Dean Thompson, stated on Wednesday.

Australia issued travel advice to nationals visiting Greece, including the warning “that retail banking services throughout Greece may at times become very limited at short notice”. Australian travelers are told to have enough cash in case of emergencies.