World Bulletin / News Desk
The memorandum of understanding was signed as French President Emmanuel Macron -- in Greece on an official visit -- told reporters: "We were, we are and we will be here."
The second day of Macron’s visit focused on economic issues, with more than 140 French and Greek businesses -- among them oil giant Total and construction firm Vinci -- meeting in Athens.
“Today we can say with certainty that the country is turning a page," Greek premier Alexis Tsipras said in his address at the Stavros Niarchos Foundation Cultural Centre.
Tsipras said unemployment had dropped to 22.1 percent but insisted this remained unacceptable for an EU and Eurozone member.
Greece has been financially burdened since 2010 when it signed its first economic bailout deal with international creditors.
Tsipras, having opposed the tactics of previous governments, came to power in 2015 with pledge to kick out the country’s creditors and halt all austerity measures, only for Greece to become the recipient of a third bailout deal.
The Greek leader said attracting investment was the government's main target in its efforts to lead the country out of the crisis and exit the bailout program in August 2018.
"Greece now presents a real opportunity, following such a huge reform effort," he said, noting that no other European country had carried out such extensive reforms in such a short time.
“You won’t regret it,” he told the assembled businesses.
BIST 100 index rises 0.44 pct while US dollar/Turkish lira rate falls to 3.49
The day before, the dollar had rallied against both main rivals and the Dow reached a fresh record high after the US central bank kept alive the chance of a December increase in American borrowing costs.
Monthly index sees decline of 3.4 pct, according to Turkish Statistical Institute
BIST 100 index decreases 0.31 pct while US dollar/Turkish lira rate rose to 3.51
Frankfurt equities sagged despite a rally for shares in German heavy industry giant ThyssenKrupp, which announced a deal with Indian group Tata to merge their steel operations in Europe.
BIST 100 index drops 0.02 pct while US dollar/Turkish lira rate stands over 3.48
The move was seen as a bid to weather US-imposed sanctions on the embattled country.
Regulators decided in May to fine Banco Popolare di Vicenza a total of 11.2 million euros ($13.4 million), the ECB said in a press release.
BIST 100 index rises slightly 0.09 pct while US dollar/Turkish lira rate falls to 3.43
BIST 100 index rises 0.10 pct while US dollar/Turkish lira rate stands around 3.46
Borsa Istanbul's BIST 100 index goes down 0.89 pct at close, USD/TRY rate stands around at 3.44