Greece
Baby boomers and first-time travelers are shunning Europe’s summer hotspots in favor of ‘coolcations’
Baby boomers and first-time travelers appear to be driving a so-called “coolcations” trend, shunning Europe’s peak summer hotspots in favor of cooler climes — such as the Nordic and Baltic countries. Extreme summer heat, combined with cost and overcrowding concerns, are affecting where people choose to go on vacation. For some, the appeal of booking […]
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How to ‘tariff-hedge’ your European portfolio, according to TS Lombard
As Europe faces the prospect of tariffs on its exports to the United States, TS Lombard has advised investors in the region on how to “tariff-hedge” their portfolios. U.S. President-elect Donald Trump warned ahead of his election win that he would introduce a blanket tariff of up to 20% on all imports . This week […]
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France’s political chaos drives borrowing costs to the same level as Greece’s for the first time
People walk along the Chatelet Les Halles area of Paris during the snowfall of Storm Caetano. Sopa Images | Lightrocket | Getty Images France’s brewing political crisis is spilling into financial markets with the country’s borrowing costs hitting the same level as debt-ridden Greece’s for the first time on record Thursday. The spread — the […]
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World’s largest olive oil producer says ‘liquid gold’ prices on track to halve from record levels
Jure Susac, a Bosnian olive farmer from the western-Herzegovinian town of Ljubuski, delivers his pickings to an oil-mill in Capljina, during harvest season, on October 29, 2022. Elvis Barukcic | Afp | Getty Images Spain’s Deoleo, the world’s largest olive oil producer, says one of the most challenging moments in the industry’s history appears to […]
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China, India and more: Veteran investor shares his take on emerging markets right now
Emerging markets have been making headlines this year, with growing economies, populations and consumer demand all garnering the attention of investors — but not all EMs are created equal. China in particular has been of concern, given uncertainty over how its economy will perform looking ahead. George Boubouras, managing director for research, investment and advisory […]
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Here’s where American Airlines is adding flights to Europe in summer 2025
Boeing 787-9 Dreamliner, from American Airlines company, taking off from Barcelona airport, in Barcelona on 24th February 2023. JanValls | Nurphoto | Getty Images As social media feeds make their seasonal shift from the Parthenon to pumpkin patches, airlines are busy preparing for the 2025 Europe travel season, a bet that strong demand for international […]
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Photos show massive wildfire raging in Greece as residents near Athens forced to flee homes
Greek authorities on Tuesday issued an evacuation alert for the seaside town of Nea Makri in eastern Attica, as firefighters continued to battle a massive blaze burning through the Athens suburbs. Hundreds of European firefighters, backed by fire engines and waterbombing aircraft, have sought to contain the country’s worst wildfire this year. The fire began […]
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Trying to cut back? These 10 places are deemed the ‘best’ places for an alcohol-free trip
Years ago, the manager of a hotel in Koh Samui, Thailand told me about an unusual booking that he once received during the middle of the night. A traveler had flown his entire family via private jet from Brunei to the Thai island after learning upon landing in Brunei that it is a “dry country” […]
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Want to cash in on emerging markets? Buy these ETFs, portfolio manager says
Interest in emerging markets has been growing and investors are now looking out for sectors and stocks best placed to benefit. “Emerging markets are too important to ignore,” says Malcolm Dorson, a senior portfolio manager at the U.S.-headquartered Mirae Asset, which has around $600 billion in assets under management. “Emerging markets have a multi-decade story […]
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Greece defends new six-day working week legislation, says it’s an ‘exceptional measure’
The Parthenon temple is seen empty due to heatwave in Athens, Greece on June 12, 2024. Costas Baltas | Anadolu | Getty Images The Greek government has defended its new six-day working week policy, saying it is an “exceptional measure” that would only be applied in “specific circumstances.” Greece introduced in early July new regulation […]
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