Greek Government Vows to Speed Up Hellinikon Project

Prime Minister Kyriakos Mitsotakis held a meeting concerning the development of the former Hellinikon airport on Thursday with representatives of Lamda Development, the firm...

Capital Controls to Be Lifted by the End of September, 2019

The Bank of Greece and the Greek government are ready to completely lift capital controls in Greece, media reports suggested on Thursday. The restrictions to capital...

Greece’s Borrowing Costs Hit New All-Time Low

Greece’s borrowing costs have tumbled to a record low on Wednesday, reflecting hopes among foreign investors that the new government will be able to...

How Will Turkey’s Purchase of the S-400 Affect Relations With Greece?

Turkey received its first shipment of an advanced Russian missile defense system earlier this month, ignoring repeated warnings from Washington and fueling concerns about...

Renowned NASA Scientist Stamatios Krimigis Returns to Take Post in Greece

Greek-American space scientist and professor Stamatios Krimigis has been head-hunted to work as a pro bono adviser to Greece's Ministry of Digital Governance, Minister...

FaceApp Craze Sweeps Across Greece Despite Privacy Warnings

"FaceApp," a mobile application for iOS and Android which automatically generates highly realistic transformations of faces in photographs, has swept Greek social media over...

Greece’s Highest Court Lifts Obstacles to Hellinikon Development

Greece's highest administrative court, the Council of State, on Tuesday issued a series of rulings which remove obstacles to the multi-million-euro development of the...

Turkey Defies EU Sanctions, Vows to Continue Drilling off Cyprus

The Turkish Foreign Ministry issued a statement on Tuesday morning, commenting on EU Foreign Ministers' decision to go ahead with the first sanctions against...

Greece Nabs 20,000 Undeclared Airbnb Lodgings

Greek authorities on Sunday revealed that they have tracked down some 20,000 undeclared short-term rental properties on the Airbnb platform which had not been registered...

Greece’s Piraeus Bank Explores Asian Pacific Partner for Shipping Financing

Piraeus Bank, Greece's largest lender, announced last week that it is exploring a potential strategic partnership opportunity with a major Asian Pacific financial conglomerate,...

EU Suspects Turkish Drilling Ship “Fatih” has Started Operation Off Paphos, Cyprus

Turkey has shown that it will not go back on its intention to begin drilling for oil and natural gas in the eastern Mediterranean,...

New Greek Energy Minister to Revive Helliniko and Skouries Projects

The new government’s Energy and Environment Minister, Costis Hatzidakis, has said that two of Greece’s biggest investment projects that have been stalled or blocked...

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