Demand Down, Greek Wine Sales Hit

Greek wine is among the best in the world, but has failed to crack international markets because of a lack of promotion, and now...

Billionaire Sahenk Buys Into Flisvos Marina

Looking to expand Internet operations. Ferit Şahenk, the Chairman of Turkey's Doğuş Holding conglomerate and one of the country's wealthiest people with a fortunate...

More Sunday Openings for Greek Stores

Facing a bleak Christmas and holiday period as workers await more pay cuts and tax hikes, Greek retailers will be allowed to open on...

Family Feud Threatens Panathinaikos Basketball

The President of Greek basketball power Panathinaikos quit in disgust on Dec. 7 after he accused his family, who had put him in the...

Bank of Greece Sees Recovery Coming

Although crushing austerity measures have hurt workers, pensioners and the poor across the board and Greece is struggling to get out from under a...

Turkish Airlines Betting On Thessaloniki

Buoyed by increases in business in the 18 months since it began flying from Istanbul directly to Thessaloniki, Turkish Airlines said it would add...

Qatar Air Schedules Athens-N.Y. Flights

With airlines cutting back on service to and from Athens and fewer direct flights to the United States, Qatar Airways said that it will...

Internet Addicts 5.1 Million Greeks

More than 5.1 million Greeks -55% of the population- are spending an average of 17.1 hours a week on the Internet, a ratio higher...

Arsenis Says Greece Energy Reserves Overstated

Kriton Arsenis, a Member of the European Parliament of the PASOK Socialists, accused Greek politicians and journalists of misrepresenting Greece's energy reserves possibilities and...

NEOSET Furniture Files for Bankruptcy

One of the biggest furniture companies in Greece, NEOSET, has filed a bankruptcy petition, another victim of the country's crushing economic crisis as austerity...

Greece, Cyprus Underwater Line for Israel’s Electricity

Greece and Cyprus have agreed to an Israeli request to lay a power cable to Europe via the two Mediterranean nations. According to the Jerusalem...

Greek Media Company is Closing Down

After 32 years of operation, Liberis publications are forced to close down as they didn't manage to get a rescue loan from the bank....

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