Business

According to the latest data published recently by the Bank of Greece, the foreign capital flowing into Greece to buy properties during the first six months of 2019 showed a staggering increase of 49 percent compared to the same...

According to a recently-published study by the Institute of the Greek Tourism Confederation (INSETE), employment in the tourism sector reached record-high levels in Greece during the third quarter of 2018. More specifically, fully 10.6 percent of the total workforce in...

The Greek government announced on Thursday that the long-delayed opening of the bidding process for the lone casino license of the €8 billion Hellinikon resort project will be take place on October 4. Development and Investments Minister Adonis Georgiadis said...

According to the latest figures published by Eurostat on Thursday, the Economic Sentiment Indicator (ESI), which was already on an upward trajectory, increased even more in Greece in August. Previously scoring 101 points in June and 105.2 in July on...

Greek state bond prices continued their downward rally on Wednesday, with the 10-year bond yield falling to a new all-time low of 1.811 percent. Greece's borrowing costs rallied to the bottom after the government announced the full abolition of capital...

The oldest Greek cafe in Australia is now up for sale, in what will be just the second time it has changed hands in 100 years! But it may mark the end of an entire era of Greek cafes...

John P. Calamos, Sr., the Founder, Chairman, and Global Chief Investment Officer of Calamos Investments, recently issued a white paper titled ''Strategies for Market Volatility and Rising Uncertainty.'' The white paper, provides a timely update on Calamos' views on asset...

According to the latest figures published recently by the Bank of Greece, tourists visiting Greece during the first half of 2019 spent an average of 15.9 percent more money than they had spent during the same period of 2018. This surprisingly good...

According to a study which was recently conducted and published by Greece's Center of Planning and Economic Research, three out of every ten businesses that began their operations between 2008 and 2018 failed to survive. The overall failure rate for...

Pantelis Gassios, counselor for economic and commercial affairs at Greece's embassy in Egypt announced recently that eight Greek companies will participate in this year's ''Big 5 Construct Egypt'' exhibition, which will take place from September 2-4 in Cairo. ''Enterprise Greece...

Yorgaki, (which means "The little George" in Greek) is the one and only traditional Greek coffee shop, or kafeneia, in all of Paris. And it is a place where Greek tradition meets the unique elegance of France. Located in the...

The Greek authorities launched recently the campaign dubbed ''Apodixi, Please'', meaning ''Receipt, Please'', in order to inform tourists on how to ask for a receipt from business owners, in order to reduce tax evasion in the country. As the website...

What does an American from Pennsylvania have to do with Greek olive oil? Quite a lot, these days. And Greece produces a lot of olive oil: more than all but two other countries in the world. This small nation...

Greek shipping dominates in the European Union with 53 percent of vessels belonging to Greek tycoons, while at the same time Greek ships account for 21 percent of the global fleet, according to Naftemporiki newspaper. The figures come from the...

His All-Holiness Ecumenical Patriarch Bartholomew I, the spiritual leader of 300 million Orthodox Christians worldwide, on Friday received the 2019 ECOS® Award for exceptional leadership in environmental protection. The Ecumenical Patriarch received the prestigious award in honor of his lifetime...