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Economy

Athens Stock Exchange opening: Rise

Equity prices were rising on Wednesday on the Athens Stock Exchange (ASE), with the basic share price index up 0.29 percent...

Moody’s says Greek banking system outlook remains stable

Moody’s said it maintained a stable outlook on the Greek banking system for the next 12-18 months. In an announcement, the credit rating agency said the outlook reflected Moody’s expectations of a small improvement in profitability and the…

Industrial investment spending down 3.5 pct in 2016

Investment spending in the industrial sector fell 3.5 pct in 2016 compared with the previous year, reflecting lower investments in the food/beverage sector, the Foundation of Economic and Industrial Research (IOBE) said in a report released…

Athens Stock Exchange opening: Rise

Equity prices were rising on Monday on the Athens Stock Exchange (ASE), with the basic share price index up 0.57 percent, standing...

Philip Morris feels vindicated with investment in Greece

Philip Morris International feels it has won a bet with a 300-million-euro investment in Greece after an agreement reached between Greek authorities and its creditors, Christos Harpantidis, CEO in Papastratos -a subsidiary of Philip Morris…