Business
Business
First Woman to Own a Cannabis Store in Ontario Is a Greek-Canadian
The CANVAS cannabis store in Ontario is expanding, with a new location in Mount Dennis in Toronto and its Greek-Canadian owner will donate 50 per cent of profits from its opening days to a local food bank.
The community-focused CANVAS...
Business
Airlines Flout EU Rules by Offering Vouchers Instead of Refunds for Cancelled Flights
European airlines and at least ywelve EU countries, including Greece, have asked the EU to suspend its rules which require that travelers of cancelled flights due to the coronavirus can teceive a refund within seven days.
Since the outbreak of...
Business
Demand for Greek Real Estate from Chinese Investors Peaks Despite Coronavirus
Chinese investors' demand for Greek real estate continues to be strong and has actually peaked during the coronavirus crisis, as Greece is considered to be safer than other countries in this regard due to its low infection rate.
A study of...
Business
Greeks Resort to Cutting Hair at Home as Black Economy Thrives Amid Lockdown
“I don't believe it,” says hairstylist Giannis Dionysopoulos of the the poll which showed that visiting the barbers or the hairdressers is a top priority for Greeks once the lockdown is lifted.
Dionysopoulos, whose shop in the town of Pyrgos...
Business
Greek Fruit Exports Boom as Consumers Worldwide Turn to Healthier Products
The coronavirus pandemic and the unprecedented havoc it has caused across the entire world has dealt an enormous and unprecedented blow to nations' economies.
However, one agricultural sector seems not only to be emerging from the crisis without a scratch...
Business
Up to 65 Percent of Greek Hotels Face Bankruptcy, New Report Warns
Up to 65 percent of Greek hotels face bankruptcy due to the coronavirus lockdown, a study by the influential Hellenic Chamber of Hotels warned on Monday.
In a teleconference, Alexandros Vasilikos, the president of the Chamber, said that "it will...
Business
Greek Restaurants Around the Globe in Battle to Survive Coronavirus
Shockwaves are rippling through the restaurant industry worldwide amid mandated curfews, closings and other restrictions aimed at slowing the spread of the coronavirus.
Greek restaurants are present in almost every corner of the globe, regardless of any and all differences...
Business
Which Retail Stores Remain Open in Greece After Coronavirus Restrictions
The government announced that retail shops will shut down as of Wednesday, with the exception of their e-services and related at-home delivery divisions, as part of efforts to contain the spread of the coronavirus in Greece following a global...
Business
Coronavirus Outbreak: Greece to Shut All Stores, Quarantine Foreign Visitors
The Greek government announced new measures to combat the spread of coronavirus on Monday, including the closure of shops as of Wednesday and the quarantine of all incoming arrivals to the country for the duration of two weeks.
The quarantine...
Business
Athens Stock Exchange Tumbles as World Markets Infected by Coronavirus Panic
The Athens Stock Exchange plunged 13.39 percent on Monday, as investors worldwide react to the coronavirus and the oil price war launched by Saudi Arabia overnight.
OPEC and Russia added to the worst one-day crash in crude prices in nearly 30...
Business
Greek Winemakers Team Up to Save Endangered Greek Grapevine Varieties
Winemakers from across Greece have pooled their efforts recently to save a total of eleven endangered grapevine varieties which are threatened with extinction in the country.
The team believes that these efforts to save the Greek grapevine varieties serve as...
Business
Delphi Forum to Promote Greece's Delphic Maxims
The Municipality of Athens and the Delphi Economic Forum have collaborated to launch a campaign to promote Greece’s Delphic maxims – the ancient aphorisms inscribed at Delphi – internationally.
On the occasion of the 5th Delphi Economic Forum in March,...
Business
Greek Exports at Record Highs in 2019 Despite Global Turbulence
Greece's export performance set new historical records in 2019, the Panhellenic Exporters' Association and the Center for Export Research and Studies announced on Friday.
The increase is mostly due to the upward trend of Greek exports to the other nations...
Business
Greek Exports Show Signs of Standing Strong Against Global Turmoil
Greek exports have shown signs of withstanding external pressure and the economic and political turmoil that characterizes today's global economy.
This was obvious according to the latest figures available concerning the country's exports for 2019, as published recently by the...
Australia
Fall & Rise: Australia’s Newest Beer Is a Tale of Greek Persistence
Two Greek friends, both immigrants to Australia who shared a passion for home-brewed beer, joined forces recently in Melbourne for a daring project to launch their own brand in the over-saturated Australian market.
Petros Gyftopoulos, a chemical engineer by training,...