Economic history

Greece's next market foray with a new bond is possible as early as next month, according to estimates.

Analysts predict that gold prices will hit new highs in the second half of the year

The real sector confidence index increased from 102 in February to 103.5 in March, the Central Bank has said.

Any figure above the 100-mark indicates optimism among businesses.

The sub-index of the general business situation surged from 89.5 to 91.1, the bank's data showed on March 22.

In the last 24 hours, positions worth $526 million were liquidated in the cryptocurrency market - Concerns on Wall Street about the risk of a sharp correction

The Turkish economy grew by 4.5 percent last year after expanding 5.5 percent in 2022, the data from the Turkish Statistical Institute (TÜİK) have shown, slightly exceeding the government's forecast.

In the medium-term program, the government had predicted a growth rate of 4.4 percent for 2023.

Last year was a record year for Greek tourism, with the latest statistics showing a remarkable comeback for the sector from the years of lockdowns during the pandemic.

While these trends are welcome, there are also some worrying signs, as 2023 saw an increasing use of the term "over tourism".

China's central bank yesterday cut a key benchmark lending rate used to price mortgages, as Beijing seeks to rescue its housing market from a deepening crisis and boost flagging growth in the country's economy.

• In Sofia fully 12.4 percent of adults are employed in brain business jobs. This is amongst the highest shares in all of Europe.

• In the average European region 5.8 percent of adults work in brain business jobs. The share of knowledge-intensive workers in Sofia is 114% higher than the average European region.

Tens of millions of Americans have changed jobs over the past two years, a tidal wave of quitting that reflected - and helped create - a rare moment of worker power as employees demanded higher pay and as employers, short on staff, often gave it to them.

The Cyprus Composite Leading Economic Index (CCLEI) continued its positive year-over-year growth trend in April 2023, providing further support for the economic forecasts of the Cypriot economy. Despite expectations of a slowdown, the economy is seen avoiding a recession, as indicated by the Economics Research Center (ERC) of the University of Cyprus' Economics Department.