Europe

The Greek government is looking for more investment funds to implement the national development strategy, Economy and Development Minister Dimitris Papadimitriou said at the 12th Roadshow of the Athens Stock Exchange in London. Addressing prominent fund managers, Papadimitriou presented Greece's...

During an interview with Italian newspaper “Il Sole 24,” Jorg Asmussen, member of European Central Bank (ECB), mentioned that Greece is becoming a more attractive place for private investors. According to ECB report “Doing Business 2013,” and how easy is...

The Greek island of Skiathos, located in the northwest Aegean Sea, attracts Russian investors. According to sources, investors from Russia visited Skiathos in May, discreetly seeking vast tracts of land. The investors in question visited Skiathos on a private jet...

The newspaper Guardian reported in a recent article that “the Chinese are interested in airports, ports and railway stations. The Russians are determined to enter the energy market and investors from Qatar have made it clear that they want...

For years, construction companies in Cyprus lured Russians to invest in the Mediterranean island. Over the last decade, 40,000 Russians moved to Cyprus. They now make up five percent of the population. The lure, however, was more than just trading...

According to the Daily Mail, the disgraced Turkish-Cypriot tycoon Asil Nadir, has reportedly paid £5 million (5.7 million euros) in compensation to his devastated investors in Britain and could now fly home within months. “Broke” Nadir had no other choice;...

With international lenders pushing Greece to speed privatizations, there's interest from one country at least: Turkey. Investors from Greece's neighbor are looking to gobble up marinas and ports at bargain prices with Greece frantic to sell off entities and...

Anger is mounting in Germany as private investors claim they have been forced into a fraudulent scheme after being advised to buy Greek sovereign bonds. The investment turned out to be unsafe after the latest move to save the...

The District Commissioner of Crete, Stavros Arnaoutakis, met with Ukrainian investors in Kiev, who showed an interest in the Greek tourism sector and Cretan products. Both Ukrainian investors and the District Commissioner of Kiev said that they are going to...

Greek government’s representatives at the ASE Road Show in London will attempt to reverse the negative impressions of the previous presentation of the privatization plan. Just a day after the official Commencement of the Hellenic Republic Asset Development Fund,...

The German issue of The Financial Times noted that investors and financial markets expect Greek debt restructuring. Christian Kirchner stated in a Financial Times article: “Even an expected restructuring of the Greek debt does not shock anyone, any more. On...

Greek investments in Bulgaria are up significantly during the first quarter of 2010 on annual basis, cited by the Bulgarian news agency BTA. Greek investors brought to Bulgaria in the first three months of the year EUR 37.5 M compared...

Turkey's lira and stocks fell on Monday as the presidential election appeared headed for a runoff with incumbent president Tayyip Erdogan in the lead. The lira fell near a two-month low, and the cost of insuring exposure to the country's...

A brewery run by monks in eastern Germany has developed a new product, the world's first powdered beer. This innovative creation can be easily prepared by adding water, resulting in a foamy and full-flavored brew, complete with a frothy...

Banking giant Credit Suisse secured a deal on Wednesday to borrow up to $54bn from the Swiss Central Bank to shore up its finances as authorities try to avert a global financial meltdown. Shares in Credit Suisse fell 24 percent...