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Greece

President of Euro Working Group Estimates Greece Can Tap into International Markets by 2018

Thomas Wieser, President of the Eurogroup Working Group told Austrian based ORF radio, on Saturday that his hope is that Greece can tap into international markets by spring 2018. "It is my hope that it will happen from autumn 2017 or spring 2018 that foreign...

Cyprus Expected to Return to International Markets

The Cypriot Finance Minister, Harris Georgiades claimed on Saturday that Cyprus is to return to the international markets at the end of June, 18 months earlier than it was initially expected. "This is a very positive development for us. It’s a clear...

Korres Grows In International Markets

With many Greek companies cutting back and losing revenues during a crushing economic crisis, the popular cosmetics brand Korres continued to increase its sales in international markets in the first trimester of 2013, according to the group's financial results...

Greece's Return to Markets Met with Cautious Remarks from International Press

Greece's return to tapping the international bond markets for the first time since 2014 is met with mixed remarks from the international press. In its electronic version, German magazine Spiegel reports on Greece's test run on markets as follows: "Return...

International Media and Markets Greet Passing of New Greek Memorandum

International markets have responded positively to the Greek Parliament’s decision to pass new austerity legislation, which is deemed as highly necessary for the completion of the restructuring of the Greek debt. The first positive signs came from distant Australia, whose...

Thessaloniki International Fair: The History of the Region’s Biggest Event

The Thessaloniki International Fair (TIF) is a commercial exhibition event of great importance in Greece and Southeastern Europe, taking place annually in Thessaloniki, Greece. This year, the Thessaloniki International Exhibition Center will host the from September 9th to September 17th. Thousands...

The Greek Organic Olive Oil Producer Who Won 203 International Awards

Back in the early 1990s the word "organic" meant nothing to most Greeks. Food was food and olives were olives. Sure, there were different kinds of olives -- with the ones from Kalamata being the most popular -- but...

Greece Draws €2 Billion From Capital Markets After Successfully Issuing 7-Year Bond

Athens drew €2 billion from international capital markets on Holy Wednesday, following the successful issuance of seven-year syndicated bonds. Greece "has accessed global markets today, through adverse social and economic conditions created globally by the pandemic, and succeeded," Finance Minister...

Cyprus to Tap Markets With its First-Ever 30-Year Bond

Cyprus has mandated investment banks to manage a double bond issue comprising a 5-year and a 30-year, euro-based bonds, the country's Ministry of Finance announced on Tuesday. This will be the first time Nicosia will borrow money on the international...

Greece's Aegean Airlines Adds Seven New International Destinations

Aegean Airlines will begin service to seven new international destinations from its hub in Athens in 2019, it announced in a statement on Wednesday. According to the company, Athens will be directly connected to Marrakesh, Casablanca, Ibiza, Valencia, Sarajevo, Tunis...

BoG Governor Stournaras: 'We Need To Shield The Greek Economy Against International Turmoil'

Bank of Greece (BoG) governor Yannis Stournaras in an interview with Greece's 'Parapolitika' newspaper on Saturday stressed the need to shield the Greek economy against international turmoil. "The international economic climate is not so friendly as some believe," Stournaras noted,...

The Green Success Story of the Thessaloniki International Fair

We all know how crucial our times can be, regarding the issue of environment and climate change. Our planet is in danger, so putting Earth and its environment at the top of our priorities is as important as ever. That’s...

Greek Bond Yields Rise Amid International Tensions

International market strife over U.S. sanctions on Russia and Turkey has had a knock-on effect with Greek bond yields breaking the four-percent mark on Thursday. The bad news comes as Greece prepares to officially exit from its bailout program on...

More International Scrutiny for Greece

As eurozone finance ministers prepare to meet on Friday, Greece is expecting international creditors to inspect the country more often after its bailout ends in August. In comments to the U.K.'s Financial Times on Thursday, Greek Finance Minister Euclid Tsakalotos...