Public Revenue €1.7 Billion Below Target in First 8 Months
Public revenue dropped in the January-August period, creating a “hole” of 1.7 billion euros in the 2017 budget.
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Greek National Opera and Energy Group Initiative for...
The Engie Foundation has signed an agreement with the Greek National Opera, to sponsor the access of opera productions to underprivileged children. The Foundation is a subsidiary of Engie Energy Group.
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Greece Secures 15 Prizes at World Luxury Spa Awards 2017
Greece won fifteen awards at the 2017 World Luxury Spa Awards; a division of the World Luxury Hotel Awards, which highlights the world’s finest spas.
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Aegean Airlines Reports Rebound in Second Quarter Earnings
Aegean Airlines reported a rebound in second-quarter earnings on Tuesday, due to improved load factors and higher sales.
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Greek Real Estate Market Outlook 2017
Athens has ranked 29th among the 30 capital cities which are being annually assessed by global real estate industry experts during the compilation of the ULI- PwC Europe 2017 publication.
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NBG Report Calls for Upgrade in Greek Hotels, to Boost...
Tourism is Greece’s heaviest -and only growing- industry generating millions for both private businesses and the state, but apparently it is in need of an upgrade.
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Macron Urges European Investment in Greece to Counterbalance...
French President Emmanuel Macron urged European firms to step up their investments in Greece to help reduce the country’s growing reliance on non-European countries, notably China.
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Tilos Becomes the First Greek Island to Achieve Energy...
The Greek island of Tilos became the first in the Mediterranean to be fully self-sufficient for its energy, thanks to strong investment in renewables. Its success is a lesson for all island communities in Greece.
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Astir Palace Hotel Becomes First “Four Seasons” in Greece
Astir Palace Vouliagmeni S.A. have announced plans to bring the first Four Seasons hotel to Greece, on the Astir Palace peninsula.
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Trans Atlantic Gas Pipeline Construction to Start Soon in...
The construction of the Trans Adriatic gas Pipeline (TAP) in the Kastoria region of northwestern Greece, is expected to start in coming months, according to the mayor of Kastoria, Anestis Angelis.
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5,000 Greek Properties Under the Electronic Auction System...
SYRIZA-led government’s promises that no house will be repossessed and sold by the banks, the new system of online real estate auctions will begin in September.
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Alpha Bank Analysis Sees Return of Confidence in Greek...
A gradual return of confidence in the Greek economy following the completion of the second review is becoming increasingly apparent, according to a report by Alpha Bank economic analysts on Saturday.
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Greece Achieves Anaemic Economic Growth in Second Straight...
The Greek economy grew, albeit aneamically, for the second straight quarter, provisional figures released Friday showed.
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Piraeus Bank Announces Profits Up 14% in First Half of 2017
One of Greece’s major banks, Piraeus Bank, announced on Wednesday that pre-tax profits for the first half of 2017 were 549 million euros, showing a 14 percent increase from last year.
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Tourism-related real estate dominant on European map
Greece is the dominant European market for investors looking for high returns in tourism-related luxury property, new market data have highlighted.
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