Economy of Europe

Banks have entered the market for selling or even renting real estate, disposing of real estate they already own. This disposal is done through websites they have created and on which they upload privately owned properties acquired through auctions, or display properties that are going to be auctioned at the initiative of the bank.

BELGRADE - The Serbian dinar's official median exchange rate against the euro is 117.2855 dinars for one euro on Wednesday, which is a slight change from Tuesday, the National Bank of Serbia said.

The dinar is steady against the euro m-o-m, up by 0.2 pct y-o-y and steady relative to the beginning of the year.

The market's growing optimism about political stability in Greece after the elections and the favorable views on Greek banks by foreign firms contributed to a significant rebound of local stocks on Tuesday that sent the Athens benchmark to levels unseen in nearly nine years. The price rise also came with an increase in turnover, which approached 100 million euros.

BELGRADE - The Serbian dinar's official median exchange rate against the euro is 117.2799 dinars for one euro on Tuesday, which is a slight change from Monday, the National Bank of Serbia said.

The dinar is steady against the euro m-o-m, up by 0.2 pct y-o-y and steady relative to the beginning of the year.

The last few minutes of the trading session at Athinon Avenue on Monday saw the main indexes swing from gains to losses - albeit marginal - primarily owing to the decline observed in foreign markets, especially at the opening of Wall Street. Traders appear to be waiting for local political developments as well as the outcome of the Turkish elections.

BELGRADE - The Serbian dinar's official median exchange rate against the euro is 117.2812 dinars for one euro on Monday, which is a slight change from Friday, the National Bank of Serbia said.

The dinar is steady against the euro m-o-m, up by 0.3 pct y-o-y and steady relative to the beginning of the year.

The exchange agreement between Marfin Investment Group (MIG) and Strix Holdings was signed on Friday, whereby the former gives the latter Attica Group shares corresponding to 79.4% of the shipping company's share capital, against loans of 443.8 million euros of MIG held by Strix.

Bank stocks once again pulled the index of the Greek bourse higher on Tuesday, even though mid-caps and the majority of stocks suffered losses at the end of a session dominated by selective moves by traders. This sixth consecutive day of growth for the market's benchmark took the latter to its highest level since early March.

BELGRADE - Work on an integrated national energy and climate plan and a strategy of energy sector development is in the final phase and their adoption is due by the end of the year, Serbian Minister of Mining and Energy Dubravka Djedovic said at a meeting with Energy Community Secretariat Director Artur Lorkowski on Tuesday.

The law on the adoption of the euro will be submitted to the National Assembly within a month, announced Deputy Minister of Finance Metodi Metodiev during a discussion on the topic of the forum "The role of organized civil society in the process of Bulgaria's accession to the Eurozone". According to him, achieving the inflation criterion remains the main challenge facing our country.