finance
Economy
How the Upcoming Bitcoin Halving Could Shake Up Ethereum
The upcoming Bitcoin halving is one of the most highly anticipated events in the cryptocurrency world, and the upcoming 2024 halving is shaping up to be particularly significant for another major cryptocurrency too, namely Ethereum.
With the relatively recent approvals...
Economy
Bitcoin Halving and How It Might Affect Its Price
Get ready for a major event in the world of cryptocurrency. The next Bitcoin halving is coming in April 2024.
But why should Bitcoin halving matter to us?
Approximately every four years, the amount of new bitcoins that enter circulation in...
Economy
Greek Economy Set for Continued High Growth in 2024
After a robust recovery from the Covid-19 pandemic and increasing favor with several credit rating agencies, the Greek economy is expected to see a continued trend in positive growth in the new year.
The Greek Economy in 2024
In its World...
Business
The NYSE Was Founded Under a Tree on May 17, 1792
The New York Stock Exchange (NYSE), the largest such stock exchange in the world, has quite humble origins.
According to legend, it was founded on May 17, 1792 under a buttonwood tree outside of 68 Wall Street when 24 stockbrokers...
Business
Eldorado Gold Secures Finance from Greek Banks for the Skouries Project
Canadian firm Eldorado Gold has signed a mandate letter for a credit-committee-sanctioned €680 million finance facility from Greek banks to develop the Skouries project in northern Greece.
According to the feasibility study, the project is expected to cost $845 million...
Economy
Euro Equal to the US Dollar for First Time in 20 Years
The exchange rate between the euro and the US dollar is the same on Tuesday for the first time in 20 years.
As of Tuesday morning Greek time, one euro is equal to exactly one dollar, meaning that the value...
Economy
Greece Exports Hit Record High, but Jump in Imports Signals Warning
Greece exported a record 20.5 billion euros ($20.6 billion) worth of goods in the first five months of the year. However, a rise in imports and a decline in domestic consumer spending dampened the good news.
From January through May,...
Business
Calamos Investments Named “Best Overall Fund Group” of 2022
Calamos Investments was named Best Overall Fund Group at the Refinitiv Lipper Fund Awards on Thursday.
The Leading global asset manager was named Best Overall Small Fund Family Over Three Years at the 2022 Refinitiv Lipper Fund Awards, which provides...
Business
32nd Annual Greek Economic Summit Kicks Off on Monday
The American-Hellenic Chamber of Commerce is kicking off its 32nd annual Greek Economic Summit on Monday. The summit will take place from December 6-8 in Athens, Greece. This year's events will be a synthesis of in-person and virtual participation...
Economy
Piraeus Bank Records Growing Profits During 2019
Piraeus Bank of Greece announced on Monday that it grew its net profit for the full year of 2019. This increase was aided by lower operating costs and higher net interest income.
Piraeus Bank is Greece’s largest lender as measured by...