Greek-Russian Businessman Ivan Savvidis Buys 3 Historic Newspapers

Dimera Company, owned by prominent businessman Ivan Savvidis, bought three Greek newspapers at an auction held at an Athens court. The Greek-Russian businessman, who among...

Greek Court Confirms Transfer of Lambrakis Media Group to Vangelis Marinakis

A Greek first-instance court on Monday confirmed the transfer of ownership of the Lambrakis Media Group (DOL) to businessman Vangelis Marinakis as the highest...

EU’s Moscovici: IMF Deal on Greece ‘Very Positive’ for Markets

The International Monetary Fund's approval of a one-year 1.6 billion euros loan for Greece was a "very positive signal for the markets," the EU's...

Special Secretariat for Private Debt Management to Set up Online Platform to Track Down...

Banks and authorities in Greece are teaming up to try to create an asset register for debtors, including tracking money that was sent abroad...

Greek Homes Lose a Third of their Value in 5 Years

The Greek economic crisis has hit the housing market hard as new data for the 2009-2014 period show that the median value of Greece's...

Mission (Almost) Impossible: Getting a Loan from a Greek Bank

Liquidity in the Greek economy has reached new lows as banks are unable to reduce bad loans that have reached 105 billion euros. According to...

Greece’s Privatization Fund Announces Successful Sale of Thessaloniki’s Modiano Indoor Market

The sale of the landmark Modiano indoor market was announced by Greece's privatization fund Hellenic Republic Asset Development Fund (HRADF) on Tuesday. “HRADF expects another...

Officials Planning WiFi for 20 Popular Archaeological Sites and Museums in Greece

Twenty of the most important Greek archaeological sites and museums will have Wi-Fi internet access as of this summer, the Greek Culture Ministry announced...

Piraeus Bank New CEO Races to Reach Target for Reducing Bad Loans

Christos Megalou, the new chief executive officer of Piraeus Bank SA is trying to make up for lost time, says a report in Bloomberg. Megalou...

Google Funds Greek Research on Digital Journalism

Google has announced that it will fund the research at the Aristotle University of Thessaloniki on the future of digital journalism. The research will be...

Greek Retail Chains Opening Stores in Tax-Friendly Romania

Large Greek retail chains see a great window of opportunity in Romania where consumer incomes are increasing while value added tax in food and...

Israel’s Oil Refineries in Discussions to Possibly Buy Gas from Greece’s Energean

On Sunday Israel's Oil Refineries (ORL) announced it is engaging in discussions to buy 17 billion cubic meters of natural gas from the Greek...

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