Economy of Europe

ATHEX: Stocks index remains on rising course

Greek stocks maintained their growth momentum for another day on Tuesday, despite the attention the issue of the 10-year sovereign bond commanded, with the main index climbing to another eight-year high. Even when European bourses headed lower and some traders indulged in profit-taking, buyers retained the upper hand, with the benchmark edging ever closer to 1,000 points.

ATHEX: Eighth day of growth out of nine

After a mixed session that saw construction firms and banks defy the trend which saw most stocks heading lower and closing with losses, the benchmark ended the day on Thursday with negligible gains that sufficed to record yet another 11-month high. This was the eighth session of gains out of the last nine for the main index at Athinon Avenue.

ATHEX: Negligible losses for bourse index

The benchmark of the Greek stock market may have seen its rising streak snap on Tuesday, but that was only marginally, as its decline was negligible and the overall course appears unchanged, despite the minor profit taking on the day. The maintenance of turnover at a relatively high level also bodes well for the next few sessions.

Most Poles are Against adopting the Euro, according to a Survey

The majority of Polish citizens are against the introduction of the euro, according to a study by the IBRiS research center commissioned by Zet radio, BTA reported.

When asked whether Poland should accept the common European currency and replace the Polish zloty with it, 14.7 percent of respondents answered "yes" and 9.8 percent "I tend to agree."

By the End of March, Bulgaria’s Finance Ministry will have a Website for the Euro

The website, which will be the main channel for informing Bulgarian citizens and businesses about all aspects of the adoption of the euro, is expected to be developed by the end of March 2023. This was stated by the Minister of Finance Rositsa Velkova.

Regional airports’ record year

Greece's 14 largest regional airports, managed by Fraport Greece, reported a million more passengers last year than in 2019. In total, passenger traffic reached 31 million passengers, or 3.4% from the record year of 2019, sources have told Kathimerini, though uncertainty is clouding the new year.