Business
Business
G7 to Impose Tax on Multinational Corporations in Historic Agreement
The G7 agreed to impose a global minimum corporate tax rate of at least 15% on multinational corporations, like Facebook, Google and Amazon.
Business
IMF: Greek Economy to Grow 3.3% in 2021; By 5.4% in 2022
A new report from the International Monetary Fund (IMF) released on Wednesday estimated that the Greek economy will grow by 3.3% this year.
Business
Greek and Israeli Firms Announce New Cannabis Venture in Greece
Greek cannabis cultivation company Hellenic Dynamics has partnered with Israeli company Kanabo Research Limited, it was announced on May 24.
Business
Cinobo, the Greek Movie Streaming Alternative to Netflix
The first Greek platform to be purely dedicated to streaming, made a brave launch in spring 2020 and has already exceeded expectations.
Business
Loungers Now Four Meters Apart on Greek Beaches to Promote Safety
Greek beaches now offer loungers placed at least four meters apart for safety as part of its campaign to make vacationing as safe as possible
Business
Port of Piraeus Officials See Promising Summer for Cruise Tourism
Piraeus, Greece's largest port, is looking forward to a much improved cruise tourism season over last year, according to Port officials.
Business
US Travel Interest to Greece Skyrockets
The US Ambassador to Greece, Geoffrey Pyatt, said that US travel interest in Greece has skyrocketed as American Airlines add new flights
Business
EU Approves New Greece – Cyprus Ferry Link
The European Union has approved a new summertime Greece - Cyprus ferry link, according to a report out of Cyprus on Wednesday.
Business
Interconnector Gas Pipeline Between Greece, Bulgaria Delayed
The Interconnector, or IGB, the proposed gas pipeline between Bulgaria and Greece, has been delayed until June of 2022.
Business
US Giant Mondelez Acquires Greek-Founded Chipita for $2 Billion
Mondelez International acquired Chipita, a leader in the bakery product and snacks in central and eastern Europe, for around $2 billion.
Business
EU Decides to Ease Restrictions for Non-EU Travelers
In an extremely welcome sign for Americans and others, the EU agreed on Wednesday to ease Covid-19 travel restrictions for non-EU travelers.
Business
Facebook to Launch Its Own Cryptocurrency, Called “Diem”
Facebook is to launch cryptocurrency Diem as the Covid-19 pandemic forced the world to stay home, and eCommerce transactions increased
Business
Greek-American Banker Says “Smart Businesses Will Survive” Pandemic
Nancy Papaioannou spoke with Greek Reporter this week in a wide-ranging, exclusive interview on doing business in the post-pandemic world.
Business
Greece Hopes to Double Tourism Revenues Over 2020
As Greece tourism finally reopens to the world on Friday, officials hope to double the amount of tourists -- and revenues -- over 2020.
Business
Hellinikon Casino to Be Completed in 36 Months Says Mohegan
Construction of the casino at Hellinikon will be completed in 36 months, said CEO of Mohegan Gaming and Entertainment (MGE) Ray Pineault