Market economics)

Physical Stores Remain Fashionable in Sofia

The progressive development of online commerce globally has not significantly affected the demand for modern commercial properties in the capital in the first half of 2019. On the contrary, it has reached record levels on a half-year basis since 2015. The total utilized area for the period under review is 21,900 sq.m. This is stated in the latest report by Colliers International.

Store owners hoping to regain losses in summer sales starting Monday

Sales in Greek stores nationwide will start on Monday (July 8), with shop owners hoping to recoup some of the losses they suffered in the first six months of the year.
"Due to the economic suffocation, the first half of the year was the worst period in recent years for all retail businesses," said Stavros Kafounis, president of the Athens Traders Association.

Rigas: ‘Oil price upside is not enough anymore’

Europe's oil and gas sector is building up a crowded pipeline for stock market flotations, but investor appetite is limited given painful experiences after the last oil price crash and a backlash against fossil fuels.
Greek group Energean was one of a handful of energy companies to list in London in recent years, betting on Israeli gas production and long-term offtake agreements.

Two Iraqis detained over Syntagma knifing

Police in Athens on Tuesday were questioning two Iraqi nationals in connection with the knifing of a kiosk worker on Monday night near Syntagma Square.
One of the two men is alleged to have stabbed the employee while robbing the kiosk on Vasilissis Amalias Avenue.
A customer at the kiosk also sustained minor injuries during the incident.

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