Capital

Eurozone industrial production declined by more than expected in October, with the sharpest drop for capital goods such as machinery, reinforcing survey indications that the single-currency area is in a recession.

Some 22 companies have launched initial public offerings (IPO) in the first half of 2023, data from the Central Securities Depository (MKK) have shown.

Those companies raised a total of 26.4 billion Turkish Liras from the IPOs in the January-June period, according to MKK.

In the whole of 2022, 40 companies went public, raising 19.3 billion liras through IPOs.

Greek tourism is at a crucial crossroads. It continues to be the main source of national revenue, but its continued growth relies on two assets that cannot be quantified - the country's natural and cultural capital. 

Turnover in industry increased by 23.9% in January-August 2021, by 23.9% more than in the same period last year, according to a press release of the National Institute of Statistics sent to AGERPRES on Tuesday. This is mainly due to the growth recorded in the manufacturing industry (+ 24.2%) and the extractive industry (+ 13.9%).

New orders for Romania's manufacturing industry over January 1 - May 31, 2021 were 27 percent up in nominal terms from the same period in 2020 on the back of growth in the durables industry (+37.5 percent), the intermediate goods industry (+32.7 percent) and the capital goods industry (+27.0 percent), the National Institute of Statistics (INS) informs.

A significant portion of the required financing for the relaunch of the real economy could, and actually should, come from capital markets. The Covid-19 pandemic may prove to be a reason to accelerate taking better advantage of existing capital markets instruments as well as designing new ones.

Payments for furlough, worth 300 million euro, as well as for medical equipment worth a total of 350 million euro will be reimbursed from European funds, said, on Monday, at the start of the government session, the Minister of European Funds, Marcel Bolos.

Romania's real estate investments went past the 1-billion euro line in 2019, standing 7 percent higher than in 2018, shows data of the research department of the real estate consulting company CBRE Romania. Last year's roughly 1.06 billion euro worth of investments mark a five-year high on the Romanian real estate market.

Slovenia scored 53.8 points, and fared best in terms of governance efficiency, trailing only Ireland and the Czech Republic.

Governance efficiency measures the results of core state areas and investments - infrastructure, market and employment structure, and the provision of a framework for sustained and sustainable wealth generation.

Premier-designate Ludovic Orban met on Thursday with the president of the Romanian Chamber of Commerce and Industry (CCIR), Mihai Daraban, with the two looking at the economic situation and discussing the business milieu's expectations of the future government.