Greece
Economy
Greek Bailout Went To Wealthy, Investors
More than 75 percent of the 207 billion euros ($277.58 billion) that has so far come in through two bailouts to prop up Greece's battered economy isn't going to social services and citizens, but to banks and wealthy investors,...
Greece
Greek Island of Ithaca to Become High Class Resort
Australian investors are planning to build a luxurious resort on the southern shores of the Greek island of Ithaca, which will host villas, marinas and golf courses.
The investors’ plans for the project have already been posted on the company’s...
Diplomacy
PM Mitsotakis Aims to Rebrand Greece at the UN Climate Summit and General Assembly
Prime Minister Kyriakos Mitsotakis will seek to rebrand Greece by launching a charm offensive during his presence this week at the UN Climate Summit and General Assembly in New York.
In scheduled meetings with world leaders, opinion makers and the...
Greece
BlackRock Postpones Indefinitely €300 Mln Investment Project in Greece
BlackRock has indefinitely postponed an investment project in Athens; that is estimated at 300 million euros, due to continuous hurdles put forth by leftist groups and bureaucracy.
Since 2007, BlackRock, one of the largest investment management companies globally, has been...
Economy
Founding Member Andrew Liveris Explains "The Hellenic Initiative" (Video)
Dow Chemical CEO, President and Chairman, Andrew Liveris, talks exclusively to Greek Reporter about "The Hellenic Initiative," a global non-profit, non-governmental initiative which aims to provide critical funding to sustain organizations that can help inspire entrepreneurship, business development and investment...
Greece
Deal Reached for 50% Haircut – Full Text of Euro Summit Statement
All eyes in Greece were firmly fixed on Brussels last night as the latest attempt by EU leaders[...]