raeus improved 2.23 percent and Alpha notched up 1.18 percent. Mytilineos rose 1.72 percent, but Hellenic Exchanges fell 2.75 percent and Folli Follie surrendered 2.12 percent. In total 60 stocks posted gains, 46 took losses and 21 closed unchanged. Turnover amounted to 43.5 million euros, up from Friday’s 25.6 million. In Nicosia the general index of the Cyprus Stock Exchange advanced 0.27 percent to close at 66.54 points. tober to December after two straight quarters of growth, with its performance in the last quarter of 2016 turning out worse than expected. The seasonally adjusted flash estimates showed a 0.4 percent decline in economic output in the fourth quarter.
Germany will back a plan to strengthen carbon prices, a senior official said yesterday, ahead of a meeting of European Union environment ministers on balancing the needs of industry with cutting emissions in reforming the carbon market. EU member-states such as Germany, Italy, Austria and Greece are prioritizing measures to ensure that regulation does not drive big industry abroad, while poorer, coal-reliant nations in Central and Eastern Europe are keen to get the most generous provisions possible to help modernize their economies.