Greece
Economy
China Development Bank and Public Power Corporation to Sign MoU in Thessaloniki
China Development Bank (CDB) and Public Power Corporation (PPC) will sign a memorandum of understanding (MoU) on Saturday, September 9, in Thessaloniki, during a conference organized within the framework of the 82nd Thessaloniki International Fair (TIF).
The conference, entitled "Investment...
Diplomacy
PM Tsipras in Beijing for China's "Belt and Road" Summit
Prime Minister Alexis Tsipras is travelling to Beijing on Thursday to attend the "Belt and Road Initiative Forum II" initiative of China from April 25 to 27.
The initiative, which aims at regional collaborations and connectivity at the intercontinental level,...
Greece
First Greek Bank Joins UN Initiative for Sustainable Banking
Greece's Piraeus Bank and twenty-five other leading global lenders from five continents are re-defining financial institutions’ purpose and business model to align the sector with the UN Sustainable Development Goals (SDGs) and the Paris Climate Agreement, the lender announced...
Economy
World's Biggest Bank Comes to Greece
The world's biggest bank, the Industrial and Commercial Bank of China (ICBC), is coming to Greece, being the second Beijing bank with interests here after the China Development Bank.
ICBC, with €3.2 trillion ($3.9 trillion) in total assets, has officially applied...
Economy
Piraeus Bank CEO Christos Megalou: 'Greece is Heading Towards Normality'
"The banking sector in Greece is at its best since the crisis started in 2009-2010," Christos Megalou, CEO of Piraeus Bank, said in an exclusive interview to the Greek Reporter.
Speaking in New York to Anastasios Papapostolou, the chief of...
Economy
China's Investment Interest in Greece Discussed by Papadimitriou, Zou Xiaoli
Economy and Development Minister Dimitris Papadimitriou, in a meeting on Monday with the Ambassador of the People's Republic of China to Greece, Zou Xiaoli, said Greece is interested in the prospect of participation by China Development Bank (CDB) in...
Greece
China to have Dynamic Presence in Thessaloniki International Fair
China will have a dynamic presence in the 82nd Thessaloniki International Fair, with the participation of over 200 exhibitors and businesses, as it is the honored country this year.
With a substantial presence in more than 6,000 square meters, the...
Business
Agreement Between Chinese Bank and Greek Power Corp. to be Signed in Thessaloniki
A cooperation agreement between the China Development Bank (CDB) and the Greek Public Power Corporation (PPC) to be signed in Thessaloniki this week highlights the investing ties between the two countries in the Greek recession era.
The CDB / PPC...
Greece
Tsipras: We are Strengthening Strategic Cooperation Between Greece and China
We are strengthening the strategic cooperation between Greece and China, Prime Minister Alexis Tsipras posted on Twitter upon his arrival to Beijing. "Arriving in Beijing for the Belt And Road Forum, we are strengthening the strategic cooperation between Greece...
Economy
Russia Calls on Greece to Join BRICS Bank
Russian Deputy Finance Minister Sergei Storchak called on Greece to join BRICS bank, an association of five major emerging national economies: Brazil, Russia, India, China and South Africa, during an interview with Greek news agency ANA-MPA. Referring to the...
Business
Development Ministry: Political Uncertainty Halts Investments
Investors intending to place their money in Greece are waiting for the political uncertainty to clear, said Deputy Development Minister Notis Mitarakis. However, he added, some applications for entry into the fast-track system continue to come in.
"There is a...
Greece
Detailed Plans for the Ellinikon Development Project
Lamda Development, the company that bought the land of the old Athens airport, presented the plans for the architectural project in the coastal area of Ellinikon on Tuesday, June 24. The company’s CEO Odysseas Athanasiou stated that construction work...
Economy
China Calls on Economic Experts to Plan Reaction on Potential Greek Euro Exit
As Greek elections on June 17 come closer and the world's financial agencies are not certain what plan is more possible - exit or remaining in the Eurozone - the EU, the IMF and many powerful countries around the...
Economy
Greek Power Grid Operator Seeks Chinese Funding
Greece's power grid operator ADMIE has signed a non-binding agreement with China Development Bank as it looks for fresh capital to finance infrastructure projects.
State-controlled ADMIE and China Development Bank signed a memorandum of understanding, aiming to help the Greek...
Business
Greek and Chinese Companies Sign Four Collaboration Agreements
Greek and Chinese companies signed four collaboration agreements in Athens on Thursday, before the completion of the second Greece-China Action Plan work group meetings.
Action Plan 2017-2019 aims to promote economic cooperation between the two countries, and the effective combination...