The turnover of small and medium-sized retail companies in Greece has been shrinking at an annual rate of 5 percent since 2013, while the number of shutdowns in the period from 2008 to 2013 reached 30,000. This translates into a 16 percent total reduction in shops, climbing to 28 percent in Attica, a National Bank of Greece report on retail sector SMEs showed on Wednesday. Source Kathimerini
The United States imposed sanctions on a Russian port service agency and Chinese firms for aiding North Korean ships and selling alcohol and tobacco to Pyongyang in breach of U.S. sanctions. Source: Reuters
il production from Tullow Oil’s offshore Tweneboa, Enyenra and Ntomme (TEN) field in Ghana is expected to hit full output capacity of 80,000 barrels a day by 2020. Source: Reuters
Iraq and Turkey must reach a deal with the Kurdistan Regional Government (KRG) first in order to export oil from the Kirkuk fields in northern Iraq via Turkey. Source: Oil Price
