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pessimistic

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ATHEX: Benchmark dips to new 2-month low

ATHEX: Benchmark dips to new 2-month low Stock markets across Europe reflected the pessimistic view that there may be a possible escalation in the war in Eastern Europe, while the rally of global interest rates and the soaring inflation continued to eat away at the value of money. The Athens bourse suffered fresh losses on Thursday, […]

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Greek CFOs among most pessimistic of Europeans

Greek CFOs among most pessimistic of Europeans A survey of chief financial officers in 18 European countries by consultants Deloitte has found widespread pessimism over short-term business prospects, with Spanish and Greek CFO topping the list, as 66% and 53%, respectively, said they do not see any immediate prospects of improvement. This confirms the prevailing […]

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Inflation rate hits record highs

Inflation rate hits record highs Reality has exceeded even the most pessimistic estimates, based on which inflation in the eurozone was expected to rise in June to 8.4%, as according to Eurostat’s announcement on Friday inflation in the euro area reached 8.6%, setting a new all-time high. The figures for Greece are even more worrying, […]

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Cypriots turn more pessimistic

Cypriots turn more pessimistic Economic sentiment deteriorated in Cyprus in June due to weaker business confidence in services, industry and retail trade. The Economic Sentiment Indicator (ESI) compiled by the University of Cyprus’ Economic Research Center (ERC) declined by 1.4 points in June dropping to 99.8 points compared with 101.2 points the month before. “The […]

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The fall of the US Republic

The fall of the US Republic Sometimes I am not sure if I became a historian because I am pessimistic by nature, or if I became pessimistic because I am a historian. These days one does not have to be pessimistic to worry about political developments in many countries. I am not the only one […]

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Greeks more pessimistic on pandemic

Greeks more pessimistic on pandemic As consumers, the Greeks appear more pessimistic than those in other countries in their assessments of when fear of the coronavirus pandemic will cease to affect their way of life, according to the “Future Consumer Index” survey conducted by Ernst & Young (EY) Greece for 2021. At the same time, […]

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