Financial economics

-Greetings, in the aftermath of the recent budget debate and its approval, I am jotting down some thoughts and observations. So, first of all, everyone is wondering why bankers had to wait for the government to legislate in order to cut fees that cost no more than 35 million euros per bank when their profits range from 800 million to 1 billion euros each.

After acquiring 100% of Elpedison's share capital, the management of Helleniq Energy estimates that it will be able to dynamically develop the company, achieve significant synergies in the management of the electricity and natural gas production and trading units, and reflect this value on its balance sheet, the listed company's CEO said on Thursday.

People line up outside of Macy's flagship store before opening on Black Friday, in New York City.

A December interest rate cut is still up for debate, a senior U.S. Federal Reserve official has said, suggesting that another rate reduction is not a foregone conclusion.

Consumers pay 28% more than in 2006, but buy 2% less than 18 years ago. This impressive figure was presented on Wednesday by Vaios Dimoragas, CEO of NielsenIQ, at the "Grocery Management in Turbulent Times" conference organized by the Research Institute for Retail Consumer Goods (IELKA). 

The yield on Greek 10-year government bonds fell below that of the corresponding French bonds on Thursday.

More specifically, the yield on the Greek 10-year bond stood at 2.99% when the corresponding French 10-year bond reached 3.05%.

According to Georgi Dichev, chairman of the Chamber of Private Bailiffs (CPB), Bulgaria currently has 120,000 debtors under the age of 30. Specifically, 4,000 individuals are debtors under the age of 20, 36,000 are between 20 and 25 years old, and 80,000 fall into the 25-30 age group. The data comes from the CPB's internal database, which tracks such information.

Consumers in Cyprus are increasingly worried about their financial future, as rising food costs and economic challenges weigh heavily on the island's households, according to a recent survey.

The government is ending all talk of "what will happen after 2032" with the Greek debt, when the interest payment of the second bailout begins - an issue frequently raised as a concern by some, even if in reality there is no such concern - thanks to the excellent management by the Public Debt Management Agency (PDMA), completely changing the policy around the debt.

Asian equities fluctuated Thursday, while the dollar held gains and bitcoin hit a fresh record as markets attempted to ascertain the consequences of a second Donald Trump presidency after he pledged to cut taxes and ramp up tariffs with an eye on China.

Türkiye is at risk of significant inflationary pressure through food prices driven by climate change, according to researchers at the country's Central Bank.

Climate change has not only become a major threat to sustainability and food security but also to price stability, they warned.