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Greece

Two Greek Women Ready To Conquer Mount Everest

Two Greek women are poised for their attempt to conquer the world's highest mountain, Everest, on April 5, 2019. Vanessa Archontidou, a mother of two, and her teammate Christina Flambouri have already topped the summits of the highest mountains on...

Greece Ranks 2nd in Counterfeit and Contraband Consumption in EU

Greece continues to have the 2nd highest rate of C&C (Counterfeit and Contraband, including Illicit Whites) consumption in the EU, at 19% of total consumption, KPMG said in a Project Sun key findings report prepared for the Royal United...

First Delphi Economic Forum to Feature Experts from Greece and Abroad

The first Delphi Economic Forum will be held at the European Cultural Centre of Delphi February 25 - 28 with the support of the President of the Hellenic Republic, Prokopis Pavlopoulos. The aim of the conference is to engage the finest...

No Air Carrier Interested in Acquiring Cyprus Airways

“Neither Ryanair nor Aegean company is ready to make a meaningful offer for Cyprus Airways and their terms are not in the public interest,” Cypriot Finance Minister Harris Georgiades said yesterday as the government was preparing for the worst-case...

Does Greece Overtax its Businesses?

As the Greek government negotiates with international lenders for a fresh tax relief program, a new international survey argues that Greece has just opened up a fresh “financial wound” by raising corporate tax rates. Other debt-ridden countries – Portugal, for...

A Comprehensive Overall Solution for Greece's Debt by August 15

The Troika of Greece’s creditors managed to reach an agreement with the Greek government today, that a comprehensive 'overall solution' will be sought on the issue of debt, held by banks and the state, and social insurance funds. The meeting was attended by ministers,...

Greek Management Salaries

According to the annual salary and benefit survey conducted by KPMG per sector, managers of the pharmaceutical and agrochemical sectors appear to be the “champions” in domestic entrepreneurship for 2013. KPMG’s surveys have been present in the Greek market for...

Greece's New Coalition Cabinet Sworn In

After three years of protests, strikes and riots against austerity measures and the New Democracy (ND) Conservative and PASOK Socialist parties for creating Greece's crushing economic crisis and imposing pay cuts, tax hikes and slashed pensions, a new cabinet...

PASOK Reaps The Spoils, Gains Ministers in New Greek Cabinet

After repeatedly vowing he would not do so, Greek Prime Minister Antonis Samaras has shaken up his cabinet to reward PASOK leader Evangelos Venizelos, his remaining partner, with the key posts of Deputy Prime Minister and Foreign Minister, as...

Venizelos Squeezed To Oust Papandreou

PASOK Socialist leader Evangelos Venizelos has reportedly been urged by party members to eject former Prime Minister George Papandreou, the man he replaced, for alleged financial mismanagement over 114 million euros ($149.2 million) in funds reportedly missing from party...

PASOK Finds 114.5M Euros Missing

Already not paying back hundreds of millions of euros in bank loans despite getting big grants from state coffers, the PASOK Socialist party is scrambling to find out what happened to 114.5 million euros ($149.2 million) that officials said...