Business
Business
EU Travel Groups Urge New Europe-Wide Coronavirus Protocol, Banishing of Quarantines
In response to a patchwork of rules and quarantine regulations across the European continent, aviation authorities from several European nations are now calling for a unified response to the coronavirus.
The groups ACI -Europe, Airlines for Europe (A4E) and ATA...
Business
Greece's Growth Rate to Reach 7.5% in 2021 According to New Projections
Finance Minister Christos Staikouras and Alternate Minister Theodoros Skylakakis on Monday brought a draft for the 2021 state budget before Parliament.
The plan envisages a robust economic growth rate of 7.5 percent for the next year, and features a series...
Business
Microsoft Announces Massive Billion-Dollar Investment in Greece
Microsoft President Brad Smith announced a large investment in Greece on Monday, which is expected to reach one billion euros ($1.17 billion) and -- as he noted -- shows the company's confidence in the Greek economy.
As part of the...
Business
Microsoft Reportedly Plans Massive €1 Billion Investment in Greece
Microsoft is expected to announce on Monday a massive €1bn ($1.17bn) investment in Greece for the establishment of its new activities in Europe, including cloud services, Greek media report.
The announcement will be made during an event at the Acropolis...
Business
Kelly Vlahakis-Hanks: Good, Green and Profitable
Kelly Vlahakis-Hanks, CEO of ECOS, talks about expanding her company while practicing some of the best work and environmental ethics.
How can a company have an award-winning green operation, pay one of the highest minimum wages to its employees, manufacture in the...
Business
Female Greek Farmer Makes a Name from Chios to Maldives
Her love for her homeland and determination to create a pioneering business on her native island of Chios have opened the doors to unimaginable international potential for young Greek farmer Argyro Koutsouradi and her rapidly growing, organic aromatic herb...
Business
US Chief Technology Officer Michael Kratsios Eyes Greece as Technology Hub
Michael Kratsios, the US Chief Technology Officer, who accompanied Secretary of State Michael Pompeo on his visit to Greece earlier in the week, was instrumental in the signing of a ground-breaking science and technology agreement between the two nations.
Kratsios,...
Business
Capital Link Webinar on Greece and Foreign Investment
Capital Link is organizing a webinar on Tuesday which will showcase the need for boosting Foreign Direct Investment (FDI), as the coronavirus pandemic threatens to drag both the global and Greek economy to a new, deeper recession.
The Webinar titled...
Business
Greek Airbnb Rentals Shift Business Model to Defy Covid Crisis
Short-term property rentals in Greece, already affected by market saturation and competition from new and cheaper nearby markets in 2019, saw their bookings devastated in the first half of 2020 as Covid-19 made its impact.
However, looking at the results...
Business
Saudi Arabia Places Full Embargo on Turkish Products
In what is seen as another knockout blow to Turkey's already tottering economy, Saudi Arabia has lowered an embargo against all of the products which once flowed into the kingdom from that country.
According to a report from the newspaper...
Business
Number of British Businessmen Seeking Greek Citizenship on Sharp Rise
The number of British businessmen looking to acquire citizenship from countries offering visa-free access to the European Union has risen sharply, investment migration firms say, as prospects of a post-Brexit trade deal between Britain and the bloc darken.
Investment immigration...
Business
Concordia Wraps Up 2020 Summit with Leadership Awards
Hundreds of policymakers, executives, NGO leaders and representatives from more than 90 countries participated in the 10th Concordia Annual Summit which closes on Friday.
The five-day digital event, which over the years has become a landmark in political, economic and...
Business
Founders of Greek Luxury Goods Empire Folli Follie Jailed
The founders of Folli Follie, the luxury goods manufacturing and retail company, were led into a Greek jail on Wednesday, pending trial on a number of charges, including fraud, money laundering, market manipulation and forgery.
According to the indictment, the...
Business
The Greek Organic Olive Oil Producer Who Won 203 International Awards
Back in the early 1990s the word "organic" meant nothing to most Greeks. Food was food and olives were olives. Sure, there were different kinds of olives -- with the ones from Kalamata being the most popular -- but...
Business
Capital Link Webinar Highlights Greece's Growing Corporate Bond Market
Capital Link is organizing a roundtable webinar on Greece's domestic corporate bond market on Tuesday with the participation of prominent Greek entrepreneurs and market specialists.
The webinar, titled “The Greek Domestic Corporate Bond Market Grows Strong”, is part of a...