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Marinopoulos Stores to Operate Under Sklavenitis Logo

According to a recent letter sent by Stelios Sklavenitis owner of the supermarket chain, Sklavenitis, to the newly acquired Marinopoulos, part of the stream-lining...

Domino Effect: Marinopoulos Supermarket’s Financial Woes Cause Surge in Bounced Checks

As the woes of Marinopoulos supermarket chain continue to play out while creditors are waited on to implement the Sklavenitis takeover, August saw a surge in...

Over 100 Russian Companies at Thessaloniki Business Forum as Greece-Russian Business Relations Strengthen

With over 100 Russian Companies taking part in a Russian-Greek business Forum in Thessaloniki over this weekend, many mutual business relations between the two...

Cyprus and Egypt Sign Deal for Gas Transfer via Pipeline

According to Reuters, on Wednesday in Cyprus the Cypriot Energy Minister, Yiorgios Lakkotrypis and Egyptian Petroleum Minister, Tarek El Molla signed a deal detailing...

Sklavenitis to Take Ownership of Rival Supermarket Chain Marinopoulos

According to the Greek newspaper Kathimerini, Sklavenitis is to sign a memorandum of understanding (MoU) on Wednesday with the creditor's bank of its struggling...

Safety Concerns Rise as Businesses Closing in Athens Center Leaves Immigrants Unemployed

According to recent data released by the Chamber of Commerce and Industry, the city center of Athens has seen an increase in businesses closing...

First 6 Months of 2016 Bring Another 16,994 Greek Business Closures

Greece's Ministry of Economy, Development and Tourism pointed to the closure of 16,944 businesses in the first six months of 2016, following the closure of...

Greece: Dozens More Companies Set to Tank by the End of 2016

Market experts analyzing the financial crisis in Greece have said that they believe that around 50 significant companies can be expected to go bankrupt...

Cyprus Could Attract Investment Fund Managers Following Brexit

Cyprus could attract investment fund managers following the UK decision to leave the EU, Cyprus' Investment Funds Association President, Angelos Gregoriades has told CΝΑ. The decision...

Greek Companies Among the Best Workplaces in Europe

Five Greek companies made it to the list of 100 Best Companies - Great Places to Work. The official awards ceremony took place in...

Greece’s Biggest Supermarket Chain, Marinopoulos, Risks Default

Greece's biggest supermarket chain, Marinopoulos, is currently undergoing restructuring in a inopportune time, as there appears to be a growing friction between suppliers and creditor banks. Suppliers,...

Greek Authorities Investigate Ericsson Staff Over Corruption Scandal

On Sunday the Swedish telecom giant, Ericsson, announced that Greek authorities have summoned seven unnamed former employees on suspicion of corruption. The announcement comes just...

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