January 13, 2020

The Hellenic Ports Association (ELIME) announced a 14% increase in cruise ship arrivals and a 16% increase in passenger traffic in Greece in 2019. 
Cruise ship arrivals in 43 Greek ports reached 3,899 ship arrivals in 2019, up from 3,410 in 2018. Passenger arrivals r...

January 13, 2020

Bulgartransgaz has announced the purchase a 20% share in Greece’s Gastrade S.A. Gastrade is a project company owned by Copelouzos Group and the Natural Gas Company of Greece (DEPA). This investment confirms Greece’s attempt to transform itself into an energy transport...

December 9, 2019

Navigator Consulting will be available for meetings until Thursday, 12 December in New York.

Navigator Consulting will participate in Capital Link's 21st Annual Capital Link Invest in Greece Forum which will take place at the Metropolitan Club in New York City on Monday...

November 28, 2019

The rapid rise in Greek tourism arrivals has been accompanied by a major increase among Greek apartment and villa owners listing their properties on Airbnb. This has prompted the Greek government to take action, given the role hotels play in the Greek tourism market, a...

November 15, 2019

Following the collapse in September of tour operator Thomas Cook UK, its German subsidiary, Thomas Cook GmbH, has announced that it has cancelled all its scheduled trips for 2020.

Thomas Cook Germany is the second-largest tour operator. It’s cancellations leave 660,000...

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...

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