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Automobile Giant to Build Electric Cars in Greece

The automaker Next.e.GO signed a contract with Greek investment company Enterprise Greece on Wednesday expressing its intent to invest 100 million euros into an...

Brain Gain Momentum Builds Up In Greece

Following a decade-long recession, Greece is finally seeing its detrimental brain drain reversed into a "brain gain," a new trend triggered by the pandemic crisis...

Greece Receives Boosted Credit Rating from Moody’s

Moody's, the bond credit rating agency, upgraded Greece's credit rating on Friday, giving the country's market a boost amidst the Covid-19 pandemic. The country's rating...

Massive Volkswagen Investment Seen as Vote of Confidence in Greece

Greek PM Kyriakos Mitsotakis hailed on Wednesday the ambitious investment by German automaker to the island of Astypalaia a "vote of confidence in Greece." Volkswagen,...

Microsoft Announces Massive Billion-Dollar Investment in Greece

Microsoft President Brad Smith announced a large investment in Greece on Monday, which is expected to reach one billion euros ($1.17 billion) and --...

Microsoft Reportedly Plans Massive €1 Billion Investment in Greece

Microsoft is expected to announce on Monday a massive €1bn ($1.17bn) investment in Greece for the establishment of its new activities in Europe, including...

Major Tourist Development Project to Begin on Corfu

The U.S. investment group NCH Capital has just been given clearance to begin the "Kassiopi Project," a 120 million-euro ($134 million) venture to construct...

European Investment Bank Offers €200M to Support Infrastructure in Evros, North Aegean

The European Investment Bank will offer 200 million euros to Greece for the support of infrastructure works due to the recent migration-related developments on...

Volkswagen Mulls Major Electro-Mobility Investment on Thassos Island

Costas Fragogiannis, Greece's Deputy Minister of Foreign Affairs, who is also responsible for the country's economic diplomacy, visited the northern Greek island of Thassos...

Amazon Creating ”CloudFront Edge” Site in Athens, Greece

Greek Minister of Digital Governance Kyriakos Pierrakakis met with senior executives from Amazon Web Services, a subsidiary of Amazon, on Monday to talk about...

EU Approves €233 Million Fund to Boost Greece’s Ultrafast Broadband

The European Commission on Friday announced that it has approved the funding of an ultrafast broadband project in Greece worth 223 million euros. The monies...

Greece to Begin Procedures to Privatize Ten Regional Ports

The Greek government has launched the necessary legal procedures for the further commercial development of ten large regional ports in the country, according to...

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