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Over 100 New Cases of Covid-19 Signals Critical Point in Greece

Health authorities have recently announced 110 new cases of Covid-19 in Greece, with the country now entering a critical turning point in trying to stop the spread of the virus. According to a report released by Greece's National Public Health...

Pizza Hut Shuts Down Operations in Greece After 12 Years

Pizza Hut, the American restaurant chain and international franchise, announced on Thursday that it is closing down all its 16 stores in Greece with immediate effect. Pizza Hut Greece sources told the Athens Macedonia News Agency (AMNA) that operations in...

Greek Economy to Receive Enormous Boost From EU Recovery Plan

  The Greek economy will receive a major boost over the coming years from the historic European Union decision to create a recovery fund, titled the "Next Generation EU" plan, agreed upon earlier this month, according to Bank of Greece...

PM Mitsotakis Tells Parliament Greece One of the "Winners" in EU Agreement

    In an address to the Greek Parliament on Tuesday, Prime Minister Mitsotakis praised the deal the country received as part of the gigantic relief package cobbled together by the EU in order to lessen the economic effects of the...

Greece's Cruise Ship Sector Will Reopen on August 1 This Year

  The reopening of Greece's cruise sector beginning on August 1 was confirmed by Tourism Minister Haris Theoharis in a letter to the International Cruise Association and the three largest cruise companies which operate in Greece, including MSC Cruises, Costa,...

Greece Records 6-Billion Euro Primary Deficit for First Half of 2020

  The Greek state budget recorded a primary deficit of 6.101 billion euros in the first half of 2020, from a budget target for a primary surplus of 313 million euros and after a primary surplus of 381 million in...

Cruise Ship Industry in Greece May Ramp Up in September

  The adoption of new European coronavirus directives to be observed by passengers and crew on cruise ships in Greek ports, still does not translate into the universal opening of the cruise sector in Greece, officials cautioned on Monday. The new...

European Tourism Gets off to Rocky Start in Summer of 2020

  Tourism in this unsettling Summer of 2020 is experiencing some rocky patches just a month or so after most European countries opened their gates to travelers from abroad after the long coronavirus lockdowns. Thierry Breton, the EU's internal market commissioner,...

Envolve Presents Seventh Annual Awards to Greek Entrepreneurs

  On Monday, July 20, Envolve Entrepreneurship announced the four winners of the 7th Envolve Award Greece, a competition that awards start-ups and early-stage businesses in Greece. Hosted by TV personality Sakis Tanimanidis, the award ceremony took place in Athens...

Greek PM Lauds EU Coronavirus Grant Package

    "We are returning to Athens with an overall package that exceeds 70 billion euros, an unprecedented sum for our country," Prime Minister Kyriakos Mitsotakis said on Tuesday, in a press conference following the marathon European Council meeting in Brussels,...

Libra Accuses Ex-Employee of Fraud Resulting in Half a Billion Damage to Business Conglomerate

In an extraordinary case before the Nicosia, Cyprus, court, the Libra Group, a diverse international business active in 35 countries, including Greece, accuses a former employee of being the perpetrator of a scheme that resulted in a loss of almost...

Can Greece Become a Filming Hub? New Incentives Attract International Productions

With Mickey Rourke currently filming in Aegina and few more international projects lined up for the summer, Greece is in the process of making further improvements to its highly successful 2018 incentive scheme for audiovisual productions, with the aim...

Elon Musk's Tesla Establishing Firm Roots in Greece, Looking to Hire Staff

Brilliant technology entrepreneur Elon Musk is now looking to have his brainchild company Tesla, Inc. branch out further into Greece, with the pioneering company already looking to hire staff in order to establish itself solidly in the country. The promising...

Greek-Australian Architectural Firm Wins Melbourne Prize

The team at Andronas Conservation Architecture in Melbourne, Australia recently received the esteemed Melbourne Prize for its renovation of the State Library of Victoria. Essential services such as providing the leaders of the large project with heritage advice during the...

Financial Gurus in Lively Columbia University Debate on US Debt, Deficit

More than 1,700 policy makers, economists and students tuned in earlier in the week to watch a webinar debate on the US debt and financial deficits organized by the Columbia Business School. Jared Bernstein, former chief economist and economic adviser...