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News

China Development Bank and...

China Development Bank and Public Power Corporation to Sign...

China Development Bank (CDB) and Public Power Corporation (PPC) will sign a memorandum of understanding (MoU) on Saturday, September 9, in Thessaloniki, during a conference organized within the framework of the 82nd Thessaloniki International Fair (TIF).

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Property rates in central...

Property rates in central Athens and Glyfada rise during Q1...

While property rents continue to decline across the Greek market, leases for commercial properties on Ermou street in dowtown Athens and Metaxa street in the southern suburb of Glyfada are on the rise.

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Top countries, where it is...

Top countries, where it is easy to receive a Residence...

Purchasing a property abroad is not only an investment into real estate. If you are considering where to purchase an apartment or a house, it is best to find out the advantages, apart from being a home owner, that different countries can offer you.

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Germany’s Schaeuble Proposes...

Germany’s Schaeuble Proposes ESM Use for Investments in...

German Finance Minister Wolfgang Schaeuble is working on a proposal that would allow southern eurozone countries to tap into the single currency bloc’s bailout fund to boost investments during recession, a German newspaper reports.

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Greek Tourism Ranks 14th...

Greek Tourism Ranks 14th Worldwide in 2016

Recession-battered and bailout-dependent Greece has managed to attract up to nine million more tourists (not counting cruise ship arrivals) over the past five years, bringing the country to 14th place on the World Tourism Organization’s list for 2016.

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French President Macron to...

French President Macron to Push Eurozone Reforms from Athens

French President Emmanuel Macron will travel to Athens next month to send a message to fellow eurozone leaders about the need to strengthen the currency union, at a time when Greece is emerging from years of economic crisis, French officials said.

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Greece to Open Tenders for Oil...

Greece to Open Tenders for Oil and Gas Explorations

The Greek government has opened two tenders for offshore oil and gas blocks in the Mediterranean and Ionian Seas and has invited IOCs to submit bids.

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Greece Celebrates Lighthouses...

Greece Celebrates Lighthouses Weekend with 23 of them Open...

Greece celebrates International Lighthouse/Lightship Weekend today, Sunday, with 23 lighthouses across the country open to the public.

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Three Must-See Islands that...

Three Must-See Islands that Most Tourists Miss!

Everyone knows of the popular Greek island destinations to visit while in Greece.

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Required investment: hotel in...

Required investment: hotel in Greece

Only during the first four months this year, more than 2,6 million foreign tourists visited Greece, which is 3.2% more, compared to the same period last year.

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Greek Government to Invest in...

Greek Government to Invest in Kastellorizo Island...

Greece’s General Secretariat for the Aegean and Island Policy and the country’s shipping industry have signed a €870,000 ($1 million) contract to build a desalination plant on Kastellorizo island, according to a report by Kathimerini news daily.

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Seven-Month Government Budget...

Seven-Month Government Budget Surplus Beats Target

The Greek central government attained a primary budget surplus of 3.05 billion euros in the first seven months of 2017, beating its target by 955 million euros thanks to lower spending, finance ministry data showed on Monday.

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Attica Group Acquires Majority...

Attica Group Acquires Majority Stake in Hellenic Seaways

Attica Holdings S.A. (Attica Group) announced an agreement in principle, with Piraeus Bank and other minority shareholders for the acquisition of 39,039,833 shares in total of Hellenic Seaways Maritime (HSW) representing 50.30% of the share capital of HSW.

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Attica Bank Sells Non...

Attica Bank Sells Non Performing Loans Portfolio

Non-systemic Greek lender Attica Bank has announced the sale of a non-performing loan (NPL) portfolio, a development that was approved by the Bank of Greece (BoG), its regulatory overseer.

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Athens Metro Expansion Project...

Athens Metro Expansion Project Receives Four Bids

Four bidders have expressed interest in Greece’s tender for a €1.45 billion ($1.70 billion) project to expand the Athens metro, state-owned Attiko Metro announced on Thursday.

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