News archive of July 2024

PAOK wins in Bosnia to set up clash with Malmoe

PAOK has reached the third qualifying round of the Champions League after a second win over Borac Banja Luka on Wednesday.

The Greek champion won 1-0 in Bosnia in the return leg, after winning 3-2 in Thessaloniki last week, for a 4-2 aggregate score. 

Upward revision for Eurobank

Eurobank has revised upward its objectives for 2024, raising the estimate for organic operating profits to over 1.6 billion euros against €1.5 billion in its previous estimate, a return on equity close to 16.5% vs 15%, NPL ratio of 3% vs 3.5% previously estimated and a capital ratio of 17%.

Unanswered questions

Even if we were to accept the argument that the illegal spyware affair is solely about certain private parties and individuals, the Greek justice system had a duty to investigate further.

Record hirings reported in year’s first half

The Greek labor market registered a record in January-June with 339,208 new jobs, while the balance was also positive in the month of June, when hirings outnumbered layoffs for a fifth consecutive month, resulting in the creation of 23,961 new jobs.

ATHEX: Bourse grows over 5.2% during July

Banks led the Greek stock market to a remarkable rally on Wednesday, which compounded the month's gains to see the benchmark at Athinon Avenue end July 5.26% higher than its level at end-June. The interest in the market was also highlighted by the significant increase in turnover, though rising stocks only marginally outnumbered decliners on the day.

My Market teams up with coffee chain Il Toto

Supermarket chain My Market has decided to capitalize on the great demand of the takeaway coffee market by collaborating with the Il Toto coffee chain.

The collaboration has started at the My Market Local store (this is the convenience store chain that My Market is developing with the franchising system) in the Zografou area, where there is an Il Toto store inside the supermarket.

‘The best available candidate’

She is not the ideal candidate but certainly the best available candidate. This is Robert Kuttner's view of Vice President Kamala Harris. The co-founder of liberal American magazine The American Prospect stresses in an interview with Kathimerini that it has been a long time since he has seen the Democrats so united.

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