Investment
If you invested $1.000 in Gold 10 years ago here’s what it would be worth right now
Let’s take a closer look at the returns and risks of investing in gold and considerations for including it in your investment portfolio
Property companies brace for difficult months ahead
Real estate investment companies (REICs) have been reading up on the strategies developed during the period of the deep recession in the early 2010s ahead of the difficult months ahead for the property market.
The three main policies REIC managers will be following this year are investment risk management, lower bids for property purchases, and the targeting of higher returns.
Strict criteria set for the ‘Deposit to Be Returned’
The extent of losses each enterprise has suffered in March will be one of the key criteria determining its eligibility for a state loan dubbed the "Deposit to Be Returned," as well as its size.
The Finance Ministry will compare the company's March turnover for each of the last three years and, using an algorithm, will calculate the lost profits.
Wall Street marks its worst day in 33 years
The Dow Jones Industrial Average, a stock market index that measures the stock performance of 30 large companies listed on stock exchanges in the United States, suffered its worst session since 1987 on March 12, plunging 10 percent as emergency measures by central banks failed to douse mounting recession fears due to the coronavirus.
- Read more about Wall Street marks its worst day in 33 years
- Log in to post comments
Bulgarians Suffer Losses from Their Bank Deposits
The total losses of Bulgarians, who have savings accounts in banks, from inflation alone equal over EUR 1 billion a year. Bulgarians invests just 2.4 percent of their savings in equity or in companies. In Eastern Europe, this percentage reaches 20 percent.
- Read more about Bulgarians Suffer Losses from Their Bank Deposits
- Log in to post comments
Greek 10-year bond yield drops below 1 pct for first time
Greece's benchmark 10-year government bond yield fell below 1 percent for the first time on Wednesday, marking a milestone for a country bailed out three times in the last decade.
The Greek 10-year bond yield fell to as lows as 0.992 percent, Tradeweb pricing showed GR10YT=TWEB, dropping below 1 percent for the first time ever.
International groups boost realty sector
Foreign groups have carried out investments worth tens of millions of euros in 2019 for the acquisition and development of properties in Greece. These are groups that came, saw and decided to invest in the local realty market, acknowledging the significant prospects of future capital gains.
- Read more about International groups boost realty sector
- Log in to post comments
IMF revises down global growth forecast for 2019-2021
The International Monetary Fund (IMF) has downgraded its growth forecasts for 2019-2021, primarily reflecting negative surprises to economic activity in a few emerging markets.
In its latest World Economic Outlook, the fund expected global economy to grow 2.9 percent in 2019, 3.3 percent in 2020, and 3.4 percent in 2021
Foreign investors eye Turkish start-ups
Turkish start-ups, which received $93 million investments last year, draw the attention of foreign investors.
Lastly, on-demand delivery application Getir, which means "Bring" in Turkish, received $38 million investment from a group of foreign investors under the leadership of Sir Michael Moritz, a renown investor in Silicon Valley.
- Read more about Foreign investors eye Turkish start-ups
- Log in to post comments
CVC Capital is Lamda’s new partner
CVC Capital Partners, known in Greece mainly due to its acquisition of the Hygeia and Metropolitan hospitals, has announced that its subsidiary CVC Capital VII has agreed to acquire the activities of D-Marin, a company serving yachts in the Mediterranean and the United Arab Emirates, from Turkish group Dogus. That means CVC is now a partner of Lamda Development.
- Read more about CVC Capital is Lamda’s new partner
- Log in to post comments