Money

Credit card spending increased by 94 percent in July compared with the same month last year to hit 1.2 trillion Turkish Liras ($35.5 billion), according to data from the Interbank Card Center (BKM).

The annual increase in card spending slowed from 105 percent in June and 111 percent in May.

A collection of 2,764 gold, silver and copper coins minted by 14 sultans and some kings who ruled the Anatolian Seljuk State between 1116 and 1308 are on display in the central Anatolian province of Konya.

The coins bear witness to political and socio-economic history.

Bulgaria celebrates 144 years since the creation of the Bulgarian lev. June and July are significant months in the country's monetary and financial history, marking the inception of several key institutions still influential today.

Gold hit a fresh record yesterday on growing optimism the Federal Reserve will cut interest rates in the new year, with traders shrugging off boss Jerome Powell's attempts to temper expectations.

A diver who spotted something metallic not far from Sardinia's coast has led to the discovery of tens of thousands of ancient bronze coins.

Italy's culture ministry said Saturday that the diver alerted authorities, who sent divers assigned to an art protection squad along with others from the ministry's undersea archaeology department.

Markets are expecting Greece to regain investment grade soon after Sunday's general election, provided that a strong government comes out of the process. When Greek bonds emerge from the "junk status" they have been at for more than 12 years, they will not be the only ones to benefit.

The planning of the Single Social Security Entity (EFKA) for the next few months provides for the closure of tens of thousands of pending issues.

Retroactive refunds to tens of thousands of insured persons, the cancellation of debts that have not been sought for 10 years, as well as "rebates" for payment of contributions are to be dealt with by this fall.

The Public Debt Management Agency announced on Friday that on Wednesday it will auction 26-week treasury bills in book entry form with maturity on December 29.

The settlement date is Friday, June 30.

Hellenic Bank, Cyprus' second-largest lender, has reported a profit of 69.7 million euros for the first quarter of 2023, signaling a strong start to the year.

Greece is heading into an election weekend with its public debt trading near the levels enjoyed by first-class peripheral countries, a decade after a debt crisis forced a dramatic reshaping of its borrowing.