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Trade

Greece Sends Frigate to the Red Sea to Protect Shipping

Greece announced on Thursday it is sending a frigate to the Red Sea to participate in the multinational force led by the United States to protect shipping following recent attacks by militias from Yemen. Ten countries have already expressed an...

Silver in Ancient Greece Unlocked Trade and Built Democracy

The minting of silver into coins in ancient Greece highlighted the trading talents of Greeks and paved the way for the formation of democracies in the 5th century BC, a new scientific study says. According to a project called SILVER...

The Rio-Antirrio Bridge: an Engineering Marvel that Changed Greece

The Rio-Antirrio Bridge was opened on August 7, 2004 one week before the opening of the 2004 Summer Olympics in Athens. Within almost two decades, it changed the economic landscape in Greece. The Rio-Antirrio bridge, which connects the Peloponnese with...

Campaign Against Trade in Wild Animals Launched in Greece

A campaign against the trade in wild animals has been launched in Greece following the death of a rare white tiger cub earlier in the week. Hasija, the female cub, was euthanized on Monday after experts deemed that the animal...

Greek Exports Increase by 37% Year-On-Year, Setting New Record

Greek exports in all major sectors set a new record in 2022, rising by double digits in the eleven months between January and November, according to the data released by the Hellenic Statistical Authority (ELSTAT) on Monday. In the January–November...

Funeral Services Join Black Friday Hype in Greece

The business world's "Black Friday" hype has now begun to engulf consumers in Greece, who are eager to take advantage of the special sales offered annually by retailers. The Black Friday phenomenon began in the United States, as the day...

CIA Chief Meets Russian Counterpart in Turkey

The CIA chief met his Russian counterpart in Turkey on Monday. The Kremlin verified that the Central Intelligence Agency (CIA) Director William Burns met face-to-face with Sergey Naryshkin, the head of Russia’s Foreign Intelligence Service (SVR RF), in the...

Greek Toy Manufacturers Urge Support To Unlock Exports Potential

In a market dominated by international franchises and illegal knock-offs, the Greek toy manufacturing industry has stood its ground and continued its long-standing flourishment, providing consistent quality and creative originality to millions of customers in Greece and abroad. Robust over...

EU Posts Large Trade Surplus as Imports Drop in 2020

The Eurozone's trade surplus posted record numbers in June, swelling to 21.2 billion euros ($25 million) as the bloc experienced a corresponding record decline in the importation of goods due to the Covid-19 pandemic, according to a recent report...

World’s Largest Shipping Conglomerate Reports Robust Business in 2020

The CEO of the world's largest shipping company, Moeller-Maersk A/S, spoke to reporters at a press conference on Wednesday at the company's headquarters on the Esplanade in Copenhagen, Denmark. The shipping and logistics company published its second quarter figures today,...