The Black Sea Trade and Development Bank (BSTDB) this week announced its intent to invest 31.1 million euros in a bond issued by Hellenic Petroleum S.A. (Hel.Pe), Greece’s largest refining…
The Greek economic sentiment index rose in July to 98.2 points, up from 94 points in June, the highest level since February 2015, the Athens-based Foundation for Economic and Industrial…
Tourism arrivals to Greece reached 11 million in the first half of 2017, according to figures supplied this week by the Greek Tourism Confederation’s (SETE).
Specifically, arrivals by plane or…
A European Commission spokeswoman on Tuesday reiterated that the EU executive has full confidence in Greece’s national statistical service (EL.STAT) between the years 2010 and 2015 “and beyond”, in reaction…
A Greek pole vault champion has filed a 538,000-euro lawsuit against the management of the state-owned Athens Olympic Stadium (OAKA) alleging that a serious injury he suffered more than a…
A three-justice appeals court in Athens on Tuesday handed down a two-year suspended sentence against the former head of Greece’s statistics bureau (EL.STAT) after finding him guilty on one of…
By A. Tsimplakis [email protected]
The Greek Tourism Confederation’s (SETE) research arm, SETE Intelligence, forecasts a continuing bright future for the east Mediterranean country’s all-important tourism sector, as its most recent…
Former Greek prime minister Antonis Samaras was received by the president of Chinese multinational Cosco, Xu Lirong, during the former’s ongoing visit to China this week.
Samaras was briefed on…
By A. Tsimplakis [email protected]
Three strategic investors with a presumed interest in the troubled Neorion shipyard on the island of Syros were cited last week during a ministerial-level meeting in…
The leftist-rightist coalition Greek government has rejected a demand by the main opposition to establish a Parliamentary committee of inquiry focusing exclusively on the first half of 2015 — the…
The latest celebrities enjoying a Grecian vacation this period – as social media will attest to – are Kris Jenner, in the company of the Hilfiger couple, Tommy and Dee…
Greek Finance Minister Euclid Tsakalotos called on the IMF to clarify its position vis-a-vis its participation in the ongoing third Greece bailout program by the end of December, in comments…
A continuous increase in tourism arrivals to Greece over the last few years has also boosted demand for holiday homes in the country, German financial daily Handelsblatt reported from Athens…
By A. Tsimplakis [email protected]
The “honeymoon phase” in relations between Chinese multinational Cosco and Greece’s privatization fund (HRADF) regarding the Piraeus Port Authority (PPA), which the former assumed last August,…
Main opposition New Democracy (ND) party on Sunday demanded explanations over what it calls relations between Prime Minister Alexis Tsipras and Venezuela, following a same-day front-page newspaper article alleging that the…
Grivalia Properties on Friday announced the completion of a share capital increase for its subsidiary, Grivalia Hospitality SA, worth 60 million euros.
According to a press release, Grivalia Properties announced…
Ninety-three archaeological sites and monuments around Greece will remain open during the evening hours on Tuesday, Aug. 7, as part of events coinciding with August’s full moon, with concerts, theatrical performances…
Visiting Turkish Economy Minister Nihat Zeybekci met in Athens on Friday with his Greek counterpart, Dimitri Papadimitriou, and Alternate Foreign Minister Giorgos Katrougalos, who holds the international trade relations portfolio at the…
Aqua Vista Hotels group’s Acqua Vatos Paros, the chain’s first unit in the Cyclades island chain, opened with a 100 vacancy this month.
The resort was fully renovated within 90…
Fourteen provincial airports around Greece now managed by a Fraport-led consortium continue to post higher passenger traffic in the first six months of the year, with the overall increase put…
By L. Kalamara [email protected]
The eyebrow-raising figure of 200 million euros has been invested in Greece-based start-ups between 2010 and 2016, a development that borders on the stunning when considering…
The start price for seven nationwide broadcast licenses in Greece was set on Friday at 35 million euros by an independent watchdog authority, according to a letter sent to the…
Greece’s independent public revenues authority has reportedly commence an urgent sample audit of some 2,500 hotels in the country, amid the current height of the summer tourism season.
Tax auditors…
Main opposition New Democracy (ND) party on Friday followed the Communist Party (KKE) and centrist Potami party by withdrawing its MPs from this week’s Parliamentary debate, with all three parties…
An Athens appeals court on Friday found a one-time minister in a late 1990s socialist PASOK government guilty of money laundering charges.
The court ruled that 450,000 deutschmarks transferred by…
By T. Tsiros [email protected]
With a more-or-less successful first foray into the capital markets since 2014 this week behind it, the leftist-rightist coalition government in Athens now has a full…
The political thermometer equaled the temperatures in downtown Athens this week, with main opposition New Democracy (ND) leader Kyriakos Mitsotakis referring “impudence” and “arrogance” on the part of Prime Minister…
By T. Igoumenidi [email protected]
Six high-rise buildings (above 200 meters from the sea level) and various types and sizes of cutting-edge residences are an integral part of the Helliniko real…
Titan cement group on Thursday announced H1 2017 financial results showing a 6.9-percent increase in consolidated turnover compared to the same half of 2016, as the former reached 773.8 million…
The general secretariat for trade and consumer protection, a state entity, on Thursday issued a circular to try and clear up which categories of self-employed professionals and businesses in the…
