Christmas

Stocks give up 3.9 pct as snap elections loom

The stock market regained its composure somewhat after Parliament’s widely anticipated failure to elect a new president and Prime Minister Antonis Samaras’s announcement of general elections next month, as losses of up to 11 percent in afternoon trade were reduced to less than 4 percent by the end of the first session after Christmas.

SDOE raids continue over holiday season

The number of inspectors dispatched by Greece’s Financial Police (SDOE) to check whether businesses are complying with the law over the holiday season has been increased, with the first round of the raids over the week before and during Christmas revealing that the majority of law breakers did not issue sales receipts or employed workers who were uninsured.

Code Yellow Warning in Bulgaria for Snow, Gale-Force Winds

Bulgaria's national weather service has issued a code yellow warning for snow and high winds on Monday, December 29.

Gusts of wind blowing at up to 25 m/s should be expected across the country, with blizzards and black in all but one (Blagoevgrad) of the 28 districts, the National Institute of Meteorology and Hydrology at the Bulgarian Academy of Science (BAS) has reported.

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