Market economics)
Greece successfully completes reopening of 25-year bond issue
Greece on Wednesday successfully completed an auction of a 25-year bond reopening, with bids exceeding 1.2 billion euros, six times more than the asked sum of 200 million.
Media, ad investments rose 90 pct last year
Media and advertisement investments in Türkiye increased by 90 percent in 2020 from the year before to stand at 63.89 billion Turkish Liras, a report by consulting company Deloitte reveals.
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Cyprus proceeds with pending tax rebates
An intensive effort by Cyprus' Tax Department in recent months has resulted in rebates of over 70 million euros of excess taxes, with an additional €200 million expected to be paid, according to the head of the department, Sotiris Markides.
He emphasized that the Tax Department aims to clear all outstanding corporate and individual taxpayer rebates by the end of 2023.
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Power subsidies for the industrial sector, too
Environment and Energy Minister Kostas Skrekas will on Tuesday morning announce the subsidies for February electricity consumption, which will be significantly lower than those of January, after the de-escalation of the wholesale electricity price led to a nominal kilowatt-hour price 60% below the current price.
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Togg to sell pre-order rights with NFTs
Türkiye's local electric car Togg, which has made its digital platform Trumore available on the App Store, Google Play and App Gallery, offers 2023 NFTs specially prepared for the 100th anniversary of the republic with the auction it will launch through this application.
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Maintenance fees of residential complexes soaring in Türkiye
The maintenance fees of residential complexes, which have reached exorbitant prices, have compelled the residents to move to different districts and the apartments at independent buildings.
Greek T-bill auction raises €812.5 mln
The Public Debt Management Agency successfully auctioned 26-week treasury bills on Wednesday and raised 812.5 million euros.
The total bids amounted to €1.54 billion for a cover ratio of 2.46, down from 2.66 in the previous such auction on December 28, 2022.
The yield eased to 2.40%, from 2.50% last month.
The T-bills will mature on July 28.
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Iconic K67 kiosk shines bright red in Ljubljana
Ljubljana has joined a growing number of cities around the globe that have been rediscovering the K67 kiosk, the iconic polyfiber, steel and glass module designed by Slovenian architect and designer Saša Mächtig in the 1960s.
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Turks buying greater variety of brands than before COVID: Study
Over 60 percent of Turkish consumers say they are buying a greater variety of brands than they were before the COVID-19 pandemic, according to a recent study.
Ad Ban for Turkish Independent Paper ‘An Attack on Democracy’: Editor
Turkey's Press Advertising Agency, which oversees the placing of public authorities' adverts in the media, has barred independent newspaper Evrensel from receiving state ads - a move that its managing editor says is an attempt to stifle free speech.