Earlier the applications for Market Pass – Who are the beneficiaries and the retroactive up to 1,200 euros
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Earlier the applications for Market Pass – Who are the beneficiaries and the retroactive up to 1,200 euros

The Market Pass programme will start earlier than originally planned, with beneficiaries able to apply for financial aid. The measure retroactively provides for up to EUR 1,200 for eligible families, while the total budget is EUR 400 million. The government is accelerating the process to support households experiencing financial difficulties. Beneficiaries will receive the money to meet basic nutritional and supermarket needs.

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Explosive rally on Wall Street after US truce
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Explosive rally on Wall Street after US truce

Wall Street scored an explosive rally after the US-Iran truce announcement. Dow Jones was launched 2.79% at 47,882,62 units, S&P 500 won 2.34% and Nasdaq was strengthened 2.76%. Trump told Truth Social that he agreed to suspend the bombings for two weeks, while Iran agreed to open the Strait of Hormuz. Oil prices collapsed over 16%, with energy shares retreating, while Nvidia, Amazon and Tesla made profits over 2–3%.

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Additional EUR 6 million in the budget, extension of applications up to 30.09.2026
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Additional EUR 6 million in the budget, extension of applications up to 30.09.2026

The programme «Moving Electric – C’ Cycle» is reinforced with an additional EUR 6 million, increasing the total budget to EUR 66 million, according to the Joint Ministerial Decision (number 55792.04.205) published in FEK. At the same time, the deadline for the submission of new applications shall be extended by three months, until 30 September 2026, with the possibility of shortening if available resources are exhausted earlier. The Ministry of Infrastructure and Transport confirms its intention to continue operations continuously within 2026 with new financial resources.

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Turkey: Why did almost $20 billion get rid of gold and what the markets are now afraid of?
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Turkey: Why did almost $20 billion get rid of gold and what the markets are now afraid of?

Turkey went on to sell and borrow gold worth nearly $20 billion to strengthen the Turkish pound. This move had a significant impact on the international prices of precious metal, causing concern on markets. Investors now express fears about Ankara's economic choices and the potential consequences of this strategy on the long-term stability of the Turkish currency and the country in general.

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