November 8, 2019

The Bank of China has opened its first branch in Athens, Greece. The Bank of China is one of the four largest state-owned banks in China, with total assets of $ 3.09 trillion and some 311,000 employees.

By opening a branch office in Greece, the Bank of China signals its...

November 4, 2019

Dolphin Capital Investors has secured the required building permits for the construction of the Kilada Hills tourist resort in the Argolis area in Greece.

On Friday 1 November, the Greek Minister of Development and Investment, Adonis Georgiadis, attended a special event...

November 1, 2019

The Hellenic Republic Asset Development Fund (HRADF) recently tendered the first stage of the privatization of a 30% share in Athens International Airport (AIA).

Expressions of interest have been submitted by 10 leading investment consortia, including some of the larges...

October 11, 2019

On October 9th, Greece borrowed € 487.5 million in 13-week treasury bills at a negative interest rate of -0.02%.

The Greek Public Debt Management Authority announced on Wednesday that during the three-month T-bill auction, Greece secured €487.5 million by selling 13-wee...

September 24, 2019

On Friday, 20 September, the Louis Hotels Group of Cyprus announced the sale of five Greek hotels to the Blackstone Group. The total value of this sale is reported at €178.6 mln. Louis Hotels operates 26 hotels and resorts in Greece and Cyprus.

The five hotels are:

  • T...

September 6, 2019

On Tuesday, 3 September, Eldorado Gold Corporation announced that it received electromechanical installation permits for its Skouries project and an installation permit for its Olympias mine from the Greek Ministry of Energy and Environment. In addition, Eldorado’s per...

September 2, 2019

Following a period of eight years where Greek housing prices have been falling, improving economic conditions have led to a significant rise in apartment prices for 2019.

Apartment prices in Greece have increased on average by 7.7% in the second quarter of 2019 in compa...

July 9, 2019

Kyriakos Mitsotakis is Greece’s new Prime Minister following New Democracy’s election victory with an outright majority with 158 seats in the 300-seat Parliament. New Democracy captured 39.8% with 158 seats, while Former Prime Minister Alexi Tsipras’ SYRIZA party won 3...

July 9, 2019

Airbnb, the online accommodation platform, announced that total reservations in Greece reached $ 1.4 billion in 2018. Greece is ranked 14th nationally in terms of total reservations income, after Brazil and ahead of The Netherlands. Airbnb’s success in Greece shows the...

June 18, 2019

The NGI Explorers Programme is part of the European Commission’s Next Generation Internet initiative. Under this Programme, European researchers and innovators will have the opportunity to visit the United States to work on research or innovation projects.

Europe’s...

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