Ancient Greek Wine Ages Well

Assyrtiko wine is made from one of Greece’s finest versatile white grape varieties, indigenous to the island of Santorini. Santorini is a wine region...

Greece Dares to Hope

The Economist published one more article about Greece on May 4. This article, on a somewhat different wavelength, had the title Greek economy: Daring...

Sweet Deal For OPAP: $937.8M

Greece has sold its 33 percent stake in the gambling monopoly OPAP to a Czech-Greek consortium, Emma Delta, in a deal that will...

Mideast Buyers Grab Occupied Cyprus Properties

Despite negative expectations for  business in the Turkish-occupied part of Cyprus, mostly due to legal impediments arising from the lack of title deeds, investors...

NBG OK’s Bank Recapitalization Plan

The National Bank of Greece (NBG) has approved has approved a recapitalization plan worth 9.76 billion euros ($12.8 billion), insisting it will raise enough...

Czech Jiri Smejc Wants to Buy OPAP

The 42-year-old Czech Jiri Smejc, twice married, with two children and a fortune of over $2 billion may be the new owner of the...

Greece To Seize Tax Debtors Bank Accounts

Following in the footsteps of Cyprus, which is confiscating up to 80 percent of bank accounts over 100,000 euros ($130,000) to pay for a...

Santorini PDO Products Growing Popular

Mother nature did not bless the island of Santorini with rich soils from the very beginning, but the island's ecosystem started to flourish after...

NSN Invests in Greece

Nokia Siemens Networks, the joint venture between Finland's Nokia and Germany's Siemens, which operates in the field of telecom equipment solutions and is one...

Farmers Protest Against Photovoltaic Systems Taxation

A protest rally outside the Environment and Energy Ministry was held by Greek farmers who have installed photovoltaic systems on their cultivations in order...

One Million Russian Tourists in Greece for 2013

The commercial director of the Russian tour operator LABIRINTH, Tatyana Zotova, estimates that one million Russian tourists will arrive in Greece this year, referring...

60,000 Small Businesses to Close

According to the interview of the president of the Athens Chamber of Handicrafts, Pavlos Ravanis, to the Austria Press Agency (APA) on April 25, 60,000...

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