Piraeus Bank Chief Sees Profits, Investors Return to Greece

The prospect that Greece may be emerging from the darkness of a harsh economic and deep recession is seeing international investors putting money back...

Not a Single Luxury Car was Sold in Greece in 2015

Not a single car over 300,000 euros was sold in crisis-stricken Greece in 2015 says a News Auto report. A few years ago, there were...

ELTRUN Survey Reveals E-Commerce Growing Steadily in Greece

E-commerce is growing and maturing, with Greek consumers making a marked presence in the sector, ELTRUN, the e-commerce laboratory of the Athens Economics University said...

President Anastasiades: Cyprus Will Become an Economic Miracle

Cyprus can achieve an economic miracle, stated the President of the Republic of Cyprus Nikos Anastasiades, noting that it has been done before, in 1974. In...

State Minister Gives Justice List of Illegal Loans by Former Greek State Bank

State Minister Panagiotis Nikoloudis said he gave justice a list of 1,300 illegal loans given out by former state-owned Agricultural Bank of Greece (ATE). Nikoloudis,...

Norwegian Company to Explore Crete, Ionian Sea for Oil

Greek Minister of the Environment, Energy and Climate Change Evangelos Livieratos has told the Parliament's Production and Trade Committee that the Norwegian company Petroleum...

Rise in Car Sales Hints at Economic Recovery

Vehicle sales in Greece continued to rise last month, as new vehicle registrations increased by 33.7 percent compared to October 2013, showing a shy...

DESFA Privatisation Deadline Extended to February 2018

Greece’s privatisation agency (HRADF) decided to push back the deadline for offers connected with the Hellenic Gas Transmission System Operator (DESFA), a 66% stake...

Greek Nikos Manafis Designs Car of the Future

Nikos Manafis is a graduate of the National Technical University of Athens (NTUA) school of architecture. Within the frame of his dissertation project, he...

Russia, Greece Sign Deal on TurkStream Gas Pipeline

Russia and Greece have signed a deal to create a joint enterprise for the construction of the TurkStream pipeline across Greek territory, Russian Energy...

Ellinikon Airport Refit To Create 35,000 Jobs

The redevelopment project of the former Ellinikon airport by Lamda Development company is expected to create 35,000 new job openings by 2024. These figures are based...

Why Papadopoulou Biscuits Are Different

Papadopoulos is one of the largest and most significant food companies in Greece. Its history goes back many years, when, in 1916, the first...

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