BUSINESS Economy

Midseason sales windows to be expanded

DIMITRA MANIFAVA

The Economy and Development Ministry is set to expand the two midseason sale periods that currently last 10 days every May and November to 15 days each, and will allow for more flexibility as to their dates depending on the needs of the areas where stores are located.

BUSINESS Economy

Exports post rise in October

Greek exports posted an increase in October, albeit smaller than in September, according to data released by the Hellenic Statistical Authority (ELSTAT).

BUSINESS Stocks

ATHEX: New six-month high for index

The fourth consecutive session of gains at the Greek bourse took the benchmark to a new six-month high on Thursday as the market is hoping Greece will eventually be accepted into the European Central Bank’s bond-buying program.

BUSINESS Cyprus

NPL management must be stepped up on Cyprus

Cyprus needs to speed up its tackling of the bad loans held by banks and could see privatization plans sapped by politics next year, a source familiar with the thinking of the international organizations policing the country’s economic reforms said.

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IN IMAGES

Clashes at end of rally to mark Grigoropoulos murder

Demonstrators clash with riot police after a rally in Athens late Tuesday marking the eighth anniversary of the murder of teenager Alexis Grigoropoulos by police officer Epaminondas Korkoneas. More than 20 people have been detained so far in connection with the disturbances. It was revealed Tuesday that the Legal Council of the State upheld a decision to award 800,000 euros in damages to Grigoropoulos’s mother and sister. The pair had demanded 2.7 million euros when they launched the legal action against the state in 2013. [EPA]