disbursed as an advance payment, while another 24 million will be paid upon the completion of the transaction and the remaining 2 million will be deposited in an escrow account for a period of 12 months. Pearl Island, or Isla Pedro Gonzalez, is one of the biggest private islands of Panama’s Las Perlas Archipelago, with an area of 13.23 square kilometers.
Athens-listed Mytilineos Group topped the chart of Greek companies for the fifth year in a row and was second among European firms in the Environment, Social and Governance (ESG) Bloomberg Survey, with a score of 78.1 percent. It was also classified at Level B in the water resource management category of the global sustainable development initiative CDP, in which Mytilineos participated for the first time. will not hesitate to take any necessary policy steps, the country’s prime minister said yesterday, a day after President Recep Tayyip Erdogan met with top economy officials to discuss volatility in the lira currency. The lira has fallen as much as 10 percent so far this year, adding to a double-digit slide last year. Investors have cited fears about growing authoritarianism following a failed coup in July and concern that Erdogan’s resistance to higher rates has prevented the central bank from more aggressive tightening. The government has been keen to dispel any suggestion the central bank is less than independent. “We evaluated measures at yesterday’s meeting, and we discussed what needs to be done,” Prime Minister Binali Yildirim told reporters. When asked about central bank measures, he said: “As the central bank is independent, it would be wrong for me to announce. I can say that the central bank will not hesitate to take any necessary measure in the face of any circumstances.”