Market
Uncertainty takes toll on luxury homes
The climate of political and economic uncertainty in Greece has curbed, albeit temporarily, the recovery of the Greek luxury home market, which last year there saw significant activity and an increase in transaction volume after the slump of 2015.
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Turkey's Changemakers: Good4Trust Platform
Good4Trust became the eighth Changemaker of the eighth season of the Sabancı Foundation Turkey's Changemakers Program.
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Istanbul's Belgrade Forest being degraded
Jose Bove, the French farm workers' union leader, recently said the following: "As far as world leaders are concerned, the entire planet should submit to market laws. Our struggle is based on resistance to this development. Health, education, culture, food - these are all issues that are close to everyone's heart. Today they are in danger of becoming commodities.
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New needs create new opportunities for Greek Tourism
In our time we see new trends that create new opportunities. “Green” ecological hotels, luxurious hotels for those that can…afford them etc. According to mr. Parsalis, CEO of Marketing Greece, it is about time for Greece to create her own marketing branding based on the unique experiences that the country can offer.
ACS Athens Holiday Bazaar | Athens | December 3
ACS Athens is hosting its annual holiday bazaar at its Halandri premises on Saturday, December 3. Running from noon to 6 p.m., the event features a holiday marketplace with vendor booths, photo opportunities with Santa, home-baked treats, food and beverages.
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'Uncertainty' over China's yuan fuels market turmoil
U.S. Federal Reserve Chair Janet Yellen said Feb. 10 that China's unclear policy over its yuan currency was stoking turbulence in global markets and exacerbating global economic growth concerns.
The yuan's recent declines "have intensified uncertainty about China's exchange rate policy and the prospects for its economy," she said in testimony to Congress.
Capital controls are lifted for stock market transactions
Greek Capital Market Commission’s new president Haralambos Gotsis on Monday announced the lifting of all capital controls in stock market transactions.
Speaking to reporters, Gotsis said a ministerial decisions has already been signed and will be put in force immediately.
Investment guru says Turkey's economy not 'fragile'
Mark Mobius, the executive chairman of the Templeton Emerging Markets Group, has said Turkey?s economy was not ?fragile? in an interview with Anadolu Agency, adding there were great opportunities in Turkey for investors.
The economics of love
Economics is based on a hypothetical rational (wo)man ? or at least was until behavioral economics came along. Homo economicus is sort of like a supercomputer ? always calculating lifetime welfare, costs, profits, etc. Like Star Trek?s Mr. Spock, (s)he never lets emotions get in the way. You would therefore not expect economists to take on love.
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Turkey has 'huge potential' to sell more properties to foreigners
Around 25,000 properties are sold to foreigners in Turkey annually, far below potential in a sector that builds around 700,000 properties every year, according to Haluk Sur, the head of real estate consultancy firm Cushman & Wakefield Turkey.