country dropped to 33rd place among 128 states, from 32nd last year. Greece scored highly in criteria such as access to higher education, health, life expectancy and access to healthcare, but lagged other countries with a similar gross domestic product in domains such as personal freedom and choice and access to basic education. Greece’s marks in the area of personal freedom and choice were among the lowest in the social progress index, ranking the country between the Ukraine and Yemen. Greece also lags considerably in terms of “tolerance toward migrants,” due to the recent refugee crisis that led to shortages in available resources.
Hellenic Exchanges Athens Stock Exchange SA on Monday reported consolidated net after-tax group profits of 1.5 million euros for the first half of the year against 3.2 million a year earlier – i.e. a reduction of 52 per- cent. The group’s H1 turnover was 13 million euros, versus 14.9 million last year, or a decrease of 12 percent. The average daily traded value amounted to 58.9 million euros, compared to 76 million euros in H1 of 2016, a 22 percent reduction. The average capitalization of the Greek capital market increased by 15.7 percent compared to the first half of 2016 (47.5 billion against 41.1 billion euros). Market liquidity, as measured by turnover velocity, dropped to 31 percent in January-June this year, against 46.3 percent in 2016, while daily average turnover was 85.5 million shares this year from 127.3 million shares in the first half of last year.
Mining funds. The mining sector is continuing with the implementation and planning of investments adding up to 1.7 billion euros by 2020, even though its return index is far lower than in 2010. Half the sector’s firms are no longer profit-making, but mining is attracting foreign direct investment thanks to Greece’s rich range of resources.