Greece
Business
OTE Downsizing 13% in Fixed-Line Telecommunications
In an attempt to reduce its legacy costs OTE, the largest telecommunication company in Greece announced its intent to downsize its workforce in the fixed-line business.
Chief Executive Michael Tsamaz said that 1,100 people, that is 13% of the fixed-line...
Business
A Greek Among The 100 Most Powerful People of Telecommunications
According to the GTB Power 100 list, issued by the British magazine Global Telecoms Business, Michael Tsamaz is among the 100 most powerful people of telecommunications. Tsamaz, Chairman and CEO of the Hellenic Telecommunications Organization (OTE), is ranked number 84.
Randall Stephenson, Chairman...
Greece
New Greek Satellites Aim to Increase Country’s Internet Speeds
A series of new Greek satellites from the company Hellas Sat will feature cutting-edge technology that may increase the country's internet speeds, according to the company's CEO.
Hellas Sat CEO Christodoulos Protopapas stated to AMNA that the satellites, which will...
Economy
Multinational Firms Heavily Invest in Data Centers in Greece
A number of multinational firms have invested heavily in building huge data centers in Greece over the past two years. After over a decade of being at the bottom of data gathering in southwest Europe, Greece is slowly becoming...
Europe
Greece to Manufacture New Border Surveillance Drones
A new border surveillance drone, which represents the next generation of unmanned surveillance aircraft, will be manufactured by a Greek firm.
Greece
Elon Musk’s SpaceX Set to Bring Starlink Internet to Greece
SpaceX, the space company of high-tech entrepreneur Elon Musk, plans to make its Starlink broadband satellite internet service available in Greece in the first quarter of 2021, Greek daily Kathimerini reports.
According to the report, the company has reached out...
Business
US Chief Technology Officer Michael Kratsios Eyes Greece as Technology Hub
Michael Kratsios, the US Chief Technology Officer, who accompanied Secretary of State Michael Pompeo on his visit to Greece earlier in the week, was instrumental in the signing of a ground-breaking science and technology agreement between the two nations.
Kratsios,...
Greece
Greek Journalist Wins Libel Case Against Former Government Officials
Greek journalist Thanos Dimadis recently won a long legal battle in his libel case against media representatives and officials associated with the former SYRIZA administration.
Dimadis, who also is an author and the current President of the Association of Foreign Press...
Crime
Cyprus Allegedly Sells Passports to Criminals and Fugitives, Report says
Cyprus is giving passports to criminals and people under investigation through the investment program, says an Al Jazeera report, claiming access to documents of 1400 applications that were approved between 2017-2019, a Hellas Journal report says.
The news agency's initial...
Diplomacy
Greece Appears to Bow to US Pressure, Delays Decision on Chinese 5G Network
Greece has been reluctant to use the Huawei Fifth Generation (5G) telecommunications network, although pilot programs have already taken place in Greek cities. And some analysts now attribute the Greek government's slow pace in this burgeoning sector to pressure...
Diaspora
Greek Villagers Win Top European Union Broadband Award for Creating Network
A community group from a rural area of Thessaly was given a European Broadband Award earlier in December for its ambitious work in building up a broadband network which connects 15 villages and for hosting interactive seminars to promote...
Greece
Greek Mobile Companies Pledge to Change Internet Data Charges Following Meeting with PM
Premier Kyriakos Mitsotakis held a meeting with representatives of mobile phone companies at the Prime Minister's residence of Maximos Mansion on Friday.
According to sources, the meeting focused on the digital transformation of the country, Greece's low performance in terms of global...
Greece
Sterilization Fears Force Greek City of Kalamata to Suspend 5G Network
The decision by Kalamata's city council earlier in the week to suspend their 5G pilot program on the grounds that it could be a health hazard has caused widespread condemnation in Greece.
At a time when the rest of the...
Crime
Siemens Hellas Scandal Ringleaders Receive Heavy Prison Sentences
Fourteen long year after the launch of the trial of dozens of people linked to the Siemens bribery scandal, an Athens court handed down prison sentences of 15 years to the key suspects on Monday.
Former CEO of Siemens Hellas...
Diplomacy
President Xi to Visit Athens as Chinese Interest in Greece Strengthens
Chinese President Xi Jinping will visit Greece from November 10th to 12th at the invitation of the President of Hellenic Republic Prokopis Pavlopoulos, it was officially announced on Thursday.
Xi's visit follows Greek Prime Minister Kyriakos Mitsotakis' visit to China...