investment
Economy
Google to Create 20,000 New Jobs in Greece
Google's investment in cloud services in Greece could contribute over two billion euros to the Greek GDP by 2030 and create twenty thousand well-paid new jobs, PM Kyriakos Mitsotakis said on Thursday speaking at the event for the presentation...
Economy
Google to Open Cloud Service Hub in Greece
Following Microsoft’s and Amazon's investments in Greece, Google is also proceeding with the development of state-of-the-art infrastructure and a regional cloud service hub.
An official announcement on Google’s investment plan is scheduled to be made on Thursday by Google Cloud...
Business
Telecom Conglomerate United Group to Invest $2 Billion in Greece
On Thursday, Telecom conglomerate United Group announced plans to invest $2 billion worth of investments in Greece up to 2027 in order to upgrade the telecoms infrastructure.
According to a government announcement, United Group's investment plan foresees the installation of...
Diplomacy
Greece and UAE Set Up $4.2 Billion Investment Initiative
Greece and the United Arab Emirates (UAE) have agreed to create a €4 billion ($4.22bn) initiative to invest in the Greek economy during a visit by Greek premier Kyriakos Mitsotakis to Abu Dhabi on Monday.
Investments will be made in...
Business
Greece Approves Fast Tracking of Microsoft Data Centres
Greece's state agency Enterprise Greece has given approval on Monday to fast-track a 100 million euros ($110 million) Microsoft investment project for three data centers in the country.
The data centers will be located at Spata and Koropi in the...
Business
Dramatic Rise of Foreign Investments in Greece
Greece marked an impressive increase of 74.3 percent in foreign direct investment (FDI) in 2021, according to Enterprise Greece
Business
Retail Giant Carrefour Returns to Greece After 10-Year Absence
French retail giant Carrefour announced on Tuesday its return to Greece after 10 years -- this time with a different partner and targeting small retailing through collaboration with local chains.
Carrefour, headquartered in Massy, France, is the eighth-largest retailer in...
Business
Deutsche Telekom, OTE to Invest Over 3 Billion Euros in Greece
Deutsche Telekom and the Hellenic Telecommunications Organization (OTE) announced on Wednesday their intention to invest more than 3 billion euros ($3.4 billion) in Greece from 2022 to 2027.
The decision, which is one of the largest investments ever made by...
Business
John Paulson: Cryptocurrency Will “Eventually Prove to be Worthless”
John Paulson, a billionaire who made his money investing in hedge funds and who predicted the huge housing crash in 2008, says all cryptocurrency, like bitcoin, is inherently "worthless" and "will go to zero."
The investor, who was one of...
Business
“All Foreign Investors Have Made Money in Greece,” Greek Development Minister Vows
Foreign investors will not lose time and money investing in Greece, Minister for Development, Adonis Georgiadis told Greek Reporter.