business

2018 was another record-breaking year for tourism as Greeks went abroad approximately eight million times between January 1 and December 31. According to the latest figures available from the Bank of Greece, trips abroad saw an increase of approximately 300...

The super-luxurious yacht named ''Icon'' has been in Greece's Mykonos island since Friday and it has already managed to amaze residents and tourists with it's luxury and beauty. The 68-meter long yacht owned by a Dutch company named ''ICON YACHTS'',...

China’s Cosco shipping consortium is expected in the coming days to re-submit its multi-million-euro investment plan for Piraeus to the country's Committee of Planning and Development of Ports. The submission will include the company's comments on the previous report issued by...

The Federation of Hellenic Associations of Travel & Tourism Agencies revealed on Friday that thus far, an increase of approximately fifteen percent has been recorded in bookings by Greeks for Easter vacations in Greece or abroad. The booking figures seen...

Greece officially joined the ''Cooperation between China and Central and Eastern European Countries'' Group, which had been known as ''16+1,'' on Friday. At the end of Friday's session, Greece will officially become the seventeenth member of the ''16+1'', which will...

Greece's Labor Ministry plans to introduce over the following days the ''Valid Reason Principle'' into Greek law regarding workers losing their jobs due to redundancy. The new bill will soon come before the Greek Parliament for a discussion and a...

Greece’s Electricity Distribution Network Operator (DEDDIE) sent a clear warning on Friday that Greece's largest island, Crete, will experience power blackouts in the summer unless special measures are taken. DEDDIE sent an open letter to the Public Power Corporation, the...

Local businessmen from the Ionian island of Zante (Zakynthos) are demanding the full reopening of the iconic Navagio Beach, which has remained closed since last year over safety concerns. Pavlos Kolokotsas, the mayor of the island, is under increasing pressure from...

Greece's Agricultural Development and Foods Ministry announced on Wednesday that it gained an exemption from an approximate ten percent levy on Greek feta cheese from the US' Trump administration. The American government plans to impose tariffs on EU products worth...

According to the latest data published by the Bank of Greece on Wednesday, the foreign capital flowing into the country to buy properties in January 2019 showed a staggering increase of 155.7 percent over the same month in 2018. This...