Greek Market

A few months ago, Qatari investors acquired a portfolio of Greek commercial properties worth 125 million euros, including a package of five or six gigantic stores in major Greek cities. According to George Mantzavinatos, managing partner at Doha Properties WLL, his company...

The most expensive brands in the Greek market, Hermès, Dior, Prada and Louis Vuitton, appear to be doing well in regards to sales and profits, despite the financial crisis that has troubled the country for more than 5 years....

Official data shows that Greeks are back in the market for buying cars. Compared to the previous May, this year's car sales during the same month have almost doubled. In May 2013, Greeks bought 6,837 cars. In May 2014,...

The critical omnibus reform bill that needed to release a delayed €10.5 billion installment from Greece’s international lenders was approved by the Greek parliament in the early morning hours of Monday. The bill corrects many injustices that used to exist...

Only just a few days before the commercial launch of the new Skoda Octavia in the Greek market, the public is given the opportunity to see it for the first time at the biggest shopping malls of Athens and...

SOCAR and Greek government have started the negotiations on privatization of Greek gas company DEPA, said President of SOCAR Rovnag Abdullayev, APA-Economics reports. To him, Azerbaijan is on the threshold of purchase of a large gas company: ‘All the issues...

Athens Stock Exchange ends 4.7% lower on Monday, weighed down by the news the Greek government has failed to get any bids for the sale of gas company Depa and only a single bid for Desfa. These two companies were...

After a massive sell-off in bank shares, particularly National Bank and Eurobank (-30%) which dragged the Greek stock market significantly lower in the aftermath of Sunday΄s decision to postpone a merger plan between the two banks, the General Index...

The takeover of the port of Piraeus by the Chinese company Cosco, which was fought by unions, is proving to be a money-maker, expected to bring in 5.1 billion euros ($6.59 billion) by 2018, or about 2.5 percent of...

If you're thinking buying a holiday home in Greece, there's no better time than now. The country's crushing economic crisis and devastating austerity measures have made real estate prices plunge. The drop in the prices of holiday homes in Greece...