Inflation in the U.K. remains the most severe of all major economies and is still well above the Bank of England’s 2% target. But data Wednesday showed the rate fell to 7.9% in June on an annual basis, from 8.7% in May.

In a historic day, EuroAsia Interconnector has awarded Nexans, a leader in the design and manufacturing of cable systems and services, the submarine cable contract valued at €1.43 billion for the section of the EuroAsia Interconnector that connects Cyprus and Greece.

Builder sentiment in the market for single-family homes rose 1 point in July to 56, according to the National Association of Home Builders/Wells Fargo Housing Market Index.

For the first time in 13 years, housing ministers met in 2022 at an informal EU ministerial meeting on housing in Nice. The result confirmed that we have entered an era of renewed public action on housing, a new dynamic accelerated most recently by the pandemic and the impact of the war in Ukraine.

Crisis-hit Chinese property giant Evergrande has revealed that in 2021 and 2022 it lost a combined 581.9bn yuan ($81.1bn; £62bn).

German Chancellor Olaf Scholz took office with a promise to tackle the country's housing shortage by building 400,000 homes each year.

The EU has urgently called on aluminum and zinc companies, including Mytilineos, to look into the possibility of producing base metals for semiconductors, after China announced plans to limit exports of gallium and germanium, the FT reports.

Six bids were submitted in the tender process regarding the award of a service concession contract for the financing, operation, maintenance and exploitation of the Attica Road for a period of 25 years.

The sale of 1.6 million shares of the company was announced by Castellano Properties, a company of Ilias Gotsis interests and members of his family.

Mayors in East Coast cities of New York are relaxing zoning rules that can stand in the way of converting buildings from offices to residences, and in some cases, offering generous tax incentives to developers who build new homes.

About 5.6 million passengers traveling via Frankfurt Airport in June 2023, increase of 11.3% yoy, first-half passenger volume up 29.1%, Fraport’s Group airports worldwide continue to achieve double-digit growth.

The contract for the first 250 electric buses in Athens and Thessaloniki was signed after the "green light" from the 6th Level of the Audit Court in the pre-contractual control.

Lamda Development's shopping centers are a "pole of attraction" for visitors to our country from abroad and for Greeks as well.

A contractual agreement for the upgrading of the railway was inked among the Greek State and the Railway Infrastructure Manager (O.S.E.).

With some employees resisting employers' plans to return them to the office, the three-day-a-week hybrid model of physical presence appears to be the golden ratio.