Greek business
Economy
National Bank Chief Katseli Speaks Positively about Greek Banking Sector Post Recapitalization
Luca Katseli, chief of the National Bank, addressed the annual Clinton Global Initiative Congress in New York, and spoke about Greece's position after the completion of Greek bank recapitalization this year.
"The Greek banking sector will be in a position to...
Business
Visiting MEP's Urge Greek Government to Speed Up Completion of Major Projects
A team of eight MEPs from several countries and parliamentary groups visited Greece as part of a finding mission organized by the European Parliament's Committee on Budgetary Control.
The team of MEPs appealed to Greek authorities on Friday to speed up...
Europe
First ‘Ellada Pantou’ Festival to Take Place in Finland
The Social Cooperative Enterprise "Ellada Pantou" (Greece All Over) in collaboration with the Finnish-Greek Societies Federation based in Finland --18 Finnish-Greek clubs with up to 1850 members -- and the Hellenic Association of Finland has organized the 1st “Ellada Pantou”...
Business
Greek FinMin Christodoulakis Urges Business World to Invest in Greece
Greek Finance Minister Nikos Christodoulakis invited the business world to participate actively in the country’s effort to complete investments totaling up to 100 billion euros by 2020, during a speech at a debate organized by the Athens Chamber of...
Business
UK Feta Cheese Sales Go Through the Roof Amidst Greek Financial Crisis
The Greek financial crisis has caused great damage both to the country and its people, however, it has also given certain sectors the opportunity to flourish. While Greece is sinking deeper into recession, several of its traditional products have found...
Business
Greek Govt to Ease Capital Controls on Businesses
In a meeting on Friday, the Bank of Greece (BoG) along with Greek government representatives agreed to give businesses a breath of air.
Many imports to Greece have been held up as Greek businesses have been unable to pay them due...
Greece
Greeks Never Lose Their Humor; Funeral Home Named 'Schaeuble'
Greeks are known for their humor and their ability to maintain it even in the most difficult situations. When that humor combines with business ideas, then the result is even more spectacular.
For example, the owner of a funeral home...
Business
Basic Necessities and Luxury Goods Purchases Show Increase
Greeks have already suffered through seven days of capital controls, imposed after the government's decision to call a referendum. The controls prohibit citizens from withdrawing more than 60 euros per day and making any transactions with foreign companies and...
Business
Hellenic Petroleum to Submit Offer for Exploration Rights in Ionian Sea
Hellenic Petroleum will submit an offer in a tender for hydrocarbon exploration rights in field 1 of northwestern Ionian Sea, which has raised doubts from Albanian authorities.
Addressing a general shareholders' meeting, Hellenic Petroleum CEO Grigoris Stergioulis said the company has discussed the...
Greece
Undeclared Work in Greece Reaches 13.22%
As part of the “ARTEMIS” business plan, Greek companies were audited between September 2013 and February 2015 in order to determine how many Greeks were doing undeclared work. As it turns out, 13.22% of the audited companies were employing...