• EUROPE
    ATHEX: Local stocks take a break from growth

    The five-day rising streak ended on Monday at the Greek bourse, but the benchmark recorded only minor losses upon closing as the profit-taking in the latter half of the session at Athinon Avenue met the strong resistance of buyers. The market’s appetite for more placements is clear and will likely emerge again strong in the […]

  • ECONOMY
    SETE: Tourism is a key pillar of growth

    Greek tourism has been established as a pillar of stability and growth over the last years, despite the turmoil and difficulties it faced from the pandemic and the war in Ukraine, the outgoing president of the Greek Tourism Confederation (SETE), Giannis Retsos, told its 31st regular general assembly on Wednesday.

  • CYPRUS
    Central bank sees growth in Cyprus at 2.6%

    The economy of Cyprus is expected to grow by 2.6% this year, a full three points lower than the 2022 increase in the island nation’s gross domestic product, the governor of the country’s central bank said on Tuesday.