Business

Greek authorities on Thursday detailed the restrictions of public travel to be put in place starting at 6.00 AM on Saturday and published a list of the businesses that which will be allowed to continue working during the three-week...

A new European Commission report released on Thursday stated that it expects the Greek economy to contract by 9.0 percent this year, but rebound, growing by 5.0 percent in 2021,  due to the economic upheaval caused by the coronavirus...

The close ties between U.S. President Donald Trump and his Turkish counterpart Recep Tayyip Erdogan are once again in the spotlight a few days before the presidential elections. In two separate reports, The New York Times and Reuters highlight the...

Greek Prime Minister Kyriakos Mitsotakis announced on Thursday that another three regions will be placed on lockdown, including Greece's second-largest city of Thessaloniki, due to the recent spike in the number of coronavirus infections. "You see what is happening all...

Greece was one of the European countries that has been proven to be most successful in protecting jobs during the second quarter of 2020, when the labor market was so severely tested throughout the European Union by lockdowns to...

The CEO of Mohegan Entertainment, Mario Kontomerkos, announced on Wednesday that the gigantic casino development in Hellinikon would be ready within 36 months after building licenses are issued, while reassuring the public that his company is ready to take...

Saudi supermarkets are pulling down Turkish products and replacing them with products from Greece, Egypt and Morocco as the Kingdom's authorities have called for a sweeping boycott of “everything Turkish.” Social media users are posting photographs from supermarkets where products...

Prime Minister Kyriakos Mitsotakis held a video conference on Tuesday with the president of The Hellenic Initiative, Andrew N. Liveris, and the president of The Hellenic Initiative of Australia, Nicholas Pappas. During the meeting, the PM noted the strong ties...

Greece is seeing its brain drain reversed into a "brain gain," a new trend triggered by the pandemic crisis and colossal investments.

Kelly Vlahakis-Hanks, CEO of Earth Friendly Products (ECOS), an eco-friendly cleaning product company with products made in carbon- and water-neutral facilities, was recently named by the prestigious "Entrepreneur" among the 100 most powerful women of 2020. According to Entrepreneur the...

Greece will return to primary surpluses beginning in 2022 after reporting higher primary deficits and public debts in 2020, the International Monetary Fund said in its "Fiscal Monitor Report," released on Wednesday. The IMF based its 2020 forecasts on the...

A new event promoting Greek business innovation, called Elevate Greece, sponsored by the Ministry of Development and Investment, was held on Tuesday. The new platform, meant to be “the gateway to our country’s innovation ecosystem”, was presented by Minister of Development and...

The Hellenic Gaming Commission accepted the financial proposal of Mohegan Gaming & Entertainment (MGE)-GEK TERNA as provisional winner in the bidding process for the concession of a casino license in the Hellinikon project. "Everything proceeded as planned and with an...

The tourism giant Thomas Cook, reorganized after its bankruptcy and now owned by Fosun Tourism, a subsidiary of the Fosun Group, owned by Chinese billionaire Guo Guangchang, says that Greece still tops their list when it comes to destination...

In a sign of greatly heightened tensions between the Arab world's greatest power and Turkey, Saudi Arabia on Tuesday called for a sweeping boycott of "everything Turkish" after a statement by Turkish leader Recep Tayyip Erdogan criticized the policies...