ATHEX: Rising streak continues for another day

The Greek bourse continued on its up ward trajectory on Wednesday, breaking yet another nine-year record through the support of mid-caps and non-banking blue chips. Athinon Avenue was on the same page as most eurozone bourses, which followed Tuesday's Wall Street rally. This was the eighth consecutive session of gains for the main index, which is now eyeing the 1,300-point milestone.

All change in electricity bills

Electricity tariffs return to the regime of the readjustment clause from October 1, and the market's regulator (RAAEY) is in a hurry to prevent phenomena that consumers painfully faced when the crisis began. Suppliers, for their part, are looking for pricing formulas to transfer wholesale market risk without having to risk a new crisis of confidence from their customers.

Greek mid-caps on display at Geneva roadshow

Athens Stock Exchange Group (HELEX) on Tuesday launched a series of international roadshows to promote listed medium-capitalization companies to European institutional investors for the first time.

The first roadshow took place on Tuesday in Geneva and will be followed by roadshows in Paris (June 22) and Frankfurt (October 31).

‘Climate change is the challenge of our lifetime,’ sustainable tourism expert says in Kathimerini summit

Doug Lansky, a specialist in sustainable tourism, spoke on the global state of the sector as part of the "Reimagine Tourism in Greece" summit held by Kathimerini. Among the topics he covered were air travel, single-use plastics, eco-tourism and water management.

Deflation in Bulgaria for the First Time this year

For the first time in the last two years, the National Statistical Institute reported deflation. It is only 0.1% in May compared to April. For the last time, and only once in June, deflation was reported in June 2021.

On an annual basis, however, inflation remains in double digits and is 10.1%. Food prices continue to rise.

No pause in sight as ECB eyes next rate hike

The European Central Bank will almost certainly deliver another interest rate hike tomorrow, pressing ahead with its fight against inflation even as the eurozone slides into a recession.

Analysts predict that ECB policymakers will copy May's move and again raise borrowing costs by 25 basis points, taking the closely watched deposit rate to 3.5 percent.