Golden Destiny Shipbrokers Reports Greek Shipowners Purchased 26 Vessels in October

According to data from Golden Destiny shipbrokers, Greek shipowners are slowly making their way back to the buying market, purchasing vessels for their fleets. The...

Greece Cancels DESFA Stake Sale to Azerbaijan’s Socar

The Greek government on Wednesday cancelled the sale of a 66 percent stake of the Hellenic Gas Transmission System Operator (DESFA) to Azerbaijan's Socar. The...

Athens Observatory Continuing Mars Observation in Collaboration With National Geographic

The National Observatory of Athens on Wednesday announced the continuation of its collaboration with the "National Geographic" for the observation of Mars through telescopes,...

Parliament Passes New Legislation to Simplify Initiating Business Start-ups

Draft legislation that simplifies the procedures for starting a new business was passed by the Greek Parliament on Tuesday, with Economy and Development Minister Dimitris...

New COSCO Deal Creates ‘Piraeus Free Zone’ With VAT-Free Spare Parts for Shipowners

A new program offering Greek shipowners VAT-free spare parts is in the makings as the Chinese Shipping company COSCO has struck a deal with...

Houses in Greece Will Return to their 2008 Value in 2050

The damage the economic crisis has caused to the housing market is so big that it will take until 2050 for houses to reach...

Greek Banks Propose Tax on Cash Withdrawals to Curb Tax Evasion

Greek banks have proposed taxation of cash withdrawals so that Greeks make more electronic transactions as a measure to curb tax evasion. The proposal is...

‘Love Slayer’: The New Novel by Award Winning Greek Journalist Angeliki Nikolouli

"Love Slayer" is the new novel by television host and investigative journalist Angeliki Nikolouli, released on November 7, 2016 by Kastaniotis publishing house. The book...

European Commission Report: Greek SMEs Have Declined Drastically Amidst Financial Crisis

The latest numbers released by the European Commission regarding the number of small and medium-sized enterprises (SMEs) show that in the past 7 years,...

Piraeus Bank Chief: Greek Economy Will Benefit from Trump Victory

"If the bullish sentiment that currently exists in the U.S. with the election of a new president is a reflection of reality, I think...

Greeks Still Opting to Hide ‘Mattress Money’ Instead of Depositing in Banks

It appears that the Greek government lifting controls this summer on new money entering bank accounts has done very little to actually impact the...

ELTRUN Survey: Greeks Still Not Convinced on Buying Goods Via E-Supermarkets

A recent survey by the E-Business Research Center (ELTRUN) of Athens University of Economics and Business revealed that Greeks are still not overly enthusiastic about...

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