Money

Another day, another low for bond yields

Greek bonds have evolved into the perfect refuge for investors amid concerns in the global economy, and into a focus of attention regarding their improvement prospects, leading to the pursuit of Greek returns. Many investors who missed out on last year's rally have noticed the positive outlook and are rushing to jump on the bandwagon ahead of further credit rating upgrades and inclusion in the

PM says Greece on growth trajectory after successful market foray

Greek Prime Minister Kyriakos Mitsotakis and the foreign press hailed the record-breaking yield for the 10-year benchmark bond, which on Wednesday's domestic electronic secondary bond market fell below 1 percent.

In a tweet on the prime minister's account, Mitsotakis said that "Greece is now on a growth trajectory," making the country a "great opportunity for global investors."

NSSI: Average Insurable Earnings in Bulgaria for December 2019 was BGN 1,063.32

The National Social Security Institute (NSSI) has reported that the average insurable earnings in Bulgaria for December 2019 was BGN 1,063.32, said the NSSI press office, Focus News Agency reported.
The average monthly insurable earnings for the period from 01 January 2019 to 31 December 2019 stood at BGN 986,52.

Half of all protected debtors viewed as strategic defaulters

One in every two borrowers who have come under the protective umbrella of the Katseli law is a strategic defaulter, while there are similar indications about one in every three debtors who entered the existing platform for the protection of their main residence, and for one in every three whose properties are set to be auctioned, as they find the money to pay off their dues, Finance Minister Ch

Angel investors to meet in Istanbul

The World Congress of Angel Investors 2020 (WBAF 2020) will start in Istanbul next week on Feb. 17 with hundreds of participants from 92 countries.

WBAF 2020 will host 132 international speakers on 24 panels, including angel investors, venture capitalists, policymakers, entrepreneurs, and business leaders from around the globe, Anadolu Agency reported.

Incentives for the merger of companies with bad loans

The new bankruptcy law that the government is working on will offer incentives for the merger of companies that have nonperforming corporate loans entering a restructuring process, according to sources. The aim is to have the bill voted into law by the end of April, in line with the country's pledges in the process of the post-bailout enhanced surveillance.

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