ECB Move to Ask for 100% Coverage of NPLs to Hurt Greek Banks

A move by the European Central Bank to ask eurozone banks to set aside enough cash to cover 100% of their non-performing loans (NPLs) over...

News Broadcasts off the air in Greece as Journalists Strike

Journalists in Greece are on a 24 hour walkout, in protest of under-funding of their social security fund; which has come as a result...

Coca Cola HBC Announces Death of CEO Dimitris Lois

Coca‑Cola HBC has announced the death of its CEO, Dimitris Lois, on 2 October 2017 just weeks after announcing that he was taking a...

Piraeus Bank, EIB, EBDR, Sign €700 Million Investment Deal for Small Greek Businesses

Piraeus Bank, Greece's biggest lender, has signed a new investment deal for small and medium sized companies with the European Investment Bank (EIB), the...

Space Exploration Expert Stamatis Krimizis Awarded Theodore Von Karman Prize

Space exploration scientist and academic Stamatis Krimizis, has been awarded the 2017 Theodore Von Karman Prize - the highest distinction awarded by the International...

Greek Manufacturing Growth at Fastest Pace in 9 Years

Greek manufacturing activity expanded in September at the fastest pace in nine years, as rising demand at home led firms to hire more staff...

Israeli-Greek Sabby Mionis Sues HSBC and Falciani Over ‘Lagarde List’

Israeli-Greek bussinessman Sabby Mionis is suing whistle-blower Hervé Falciani and the HSBC bank over the disclosure of private information from his bank account, contained...

Spectacular Underwater Video of the Agia Zoni II Wreck in Saronic Gulf

Divers and specialized crews successfully pumped out all the residual fuel from the wreck of Agia Zoni II on Friday. The fuel from the small...

Greece Drops 27 Places in “Economic Freedom” 2017 Report

Greece has dropped 27 places to No.116 in the annual "Economic Freedom of the World 2017" report, conducted by the Canadian Fraser Institute in...

Greek Federation of Enterprises Urges for New Investment Policy Mix

The government and the institutions must negotiate a new mixture of investment-friendly policy, during the third review of the Greek programme, aimed at reducing...

EIB to Help Piraeus Bank in Supporting Small Greek Businesses

The European Investment Bank (EIB) has announced it will invest 350 million euros in Piraeus Bank covered bond next month, as part of efforts...

Fraport to Demand Compensation from Greece over Regional Airports

Germany’s Fraport is to demand compensation of around 70 million euros from the Greek government, for the deficient maintenance of some of the regional...

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