Economic growth
ATHEX: Most stocks stage late comeback
The closing auctions determined the hue of the indexes at the Greek stock market on Thursday, securing some gains for the benchmark, blue chips and banks, while the mid-cap index closed without a change. There was notable growth in early trade, but those gains evaporated later on before the auctions pushed the majority of stocks back into positive territory.
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ATHEX: Piraeus Bank and PPC lead index south
Traders continued to sell Greek stocks on Thursday as conflicting statements from officials on the local economy and an adverse international environment kept up the pressure on local stock prices. Even so, both the indexes and the prices managed to rise above the day's low by closing time.
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Piraeus Bank and PPC lead index south
Traders continued to sell Greek stocks on Thursday as conflicting statements from officials on the local economy and an adverse international environment kept up the pressure on local stock prices. Even so, both the indexes and the prices managed to rise above the day's low by closing time.
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For Bulgaria a Steady Moderate Growth of the Economy is Expected, the European Commission Said
We expect Bulgaria's economic growth to recover, albeit limited by declining demand for its foreign markets, shortage of employees and cooling of consumer attitudes, the European Commission said.
GDP Growth is 3.1% in 2018, According to the Institute of Economics Research at the Bulgarian Academy of Sciences
The GDP growth rate declined from 3.6 percent in 2017 to 3.1 percent in 2018. This is stated in the Annual Report 2019 "Economic Development and Policy in Bulgaria: Assessments and Expectations." Focus topic: Structural imbalances and risks for the economy "by the Institute of Economic Research at the Bulgarian Academy of Sciences.
BIRN Fact Check: Is Serbia Among Europe’s Fastest Growing Economies?
Speaking at an event organized by the ruling Serbian Progressive Party in Belgrade on May 4, Serbian Finance Minister Sinisa Mali said that Serbian GDP grew last year by 4.3 per cent.
The minister said this "has put Serbia among the [top] 10 economies of Europe in terms of GDP growth, and means we no longer compete with countries in the region".
Scientists warn a million species at risk of extinction
Relentless pursuit of economic growth, twinned with the impact of climate change, has put an "unprecedented" one million species at risk of extinction, scientists said on May 6 in a landmark report on the damage done by modern civilization to the natural world.
ATHEX: Stock drop contained in auctions
Greek stocks recovered from a steep decline during Wednesday's session to end up with minor losses in the closing auctions. Bank stock buyers returned to help the sector's index come back from mid-session lows as the PPC slump continued to affect the entire market.
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ATHEX: Stocks paint mixed picture at start of week
The benchmark of the Greek bourse ended Monday's session close to last Friday's eight-month high as traders' efforts to cash in recent gains met the resistance of certain blue chips that refused to yield ground. This resulted in a mixed picture on the board, with gainers outnumbering losers at the end of trade.
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ATHEX: Fresh 8-month high for bourse benchmark
The Greek bourse continues to go from strength to strength, with its benchmark recording another eight-month high on Friday, boosted by the performance of bank stocks as well as the continued drop of the yield on Greek state bond ahead of a possible new issue. The Eurogroup decision mattered little for traders, as they had already factored it in earlier in the week.
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