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Louis Group sells 5 Greek hotels to Blackstone
On Friday, 20 September, the Louis Hotels Group of Cyprus announced the sale of five Greek hotels to the Blackstone Group. The total...
Sep 24, 20191 min read


Eldorado Gold Receives Skouries and Olympias Installation Permits
On Tuesday, 3 September, Eldorado Gold Corporation announced that it received electromechanical installation permits for its Skouries...
Sep 6, 20191 min read


Bank of Greece reports 7.7% rise in Greek housing prices
Following a period of eight years where Greek housing prices have been falling, improving economic conditions have led to a significant...
Sep 2, 20192 min read


New Democracy wins outright majority in the July 2019 Greek elections
Kyriakos Mitsotakis is Greece’s new Prime Minister following New Democracy’s election victory with an outright majority with 158 seats in...
Jul 9, 20192 min read


AirBnb reports $ 1.4 billion in 2018 reservations in Greece
Airbnb, the online accommodation platform, announced that total reservations in Greece reached $ 1.4 billion in 2018. Greece is ranked...
Jul 9, 20192 min read


NGI Explorers sends Europe’s best Internet talent to the USA
The NGI Explorers Programme is part of the European Commission’s Next Generation Internet initiative. Under this Programme, European...
Jun 18, 20191 min read


Hellenic Chamber of Hotels launches first Greek accelerator for Tourism and Hospitality Innovation
The Hellenic Chamber of Hotels (HCH) launched CapsuleT, the first Greek accelerator exclusive to the tourism and hospitality sectors of...
Jun 18, 20191 min read


Greek Government plans increase in national minimum wage
A key structural reform implemented by Greece as conditionality for its 2010 bailout was reducing the national minimum wage. This policy...
Jan 7, 20194 min read


Eurobank announces acquisition of Grivalia Properties
Eurobank, Greece’s third-largest lender, has announced the acquisition Grivalia Properties REIC. Grivalia Properties is the leading Greek...
Nov 28, 20182 min read


Wyndham Hotels & Resorts expands in Greece
Wyndham Hotels and Resorts has announced the opening a new Wyndham Grand Hotel on Crete by the summer of 2019. The company has partnered...
Oct 19, 20181 min read


Forest Fires in Greece
On Monday, 23 July catastrophic forest fires broke out in the Attica region of Greece. The fires took place at Kineta, to the south-west...
Jul 25, 20181 min read


Hellenic Telecoms raises € 400 mln at 2.375%
In an encouraging sign for the Greek economy, the Hellenic Telecommunications Organisation (OTE) raised € 400 million in a four-year bond...
Jul 13, 20181 min read


HIG announces strategic investment in Aldemar Hotel Group
Harvard Investment Group (HIG) has announced a strategic investment partnership with Aldemar Group. HIG has agreed to invest in 2 Aldemar...
Jul 4, 20182 min read


Greece launches € 400 million Equifund
The government of Greece, with the support of the European Investment Bank (EIB), the European Investment Fund (EIF) and the European...
Apr 16, 20183 min read


EIB launches € 1 billion "Loans for SMEs and MidCaps" credit line to Greek banks
The European Investment Bank (EIB) has launched a € 1 billion "Loans for SMEs and MidCaps" credit line to Greek banks. The loans will be...
Apr 28, 20172 min read


EBRD provides €186.73 million credit line to Fraport Greece for infrastructure upgrade
The EBRD is providing €186.73 million in long-term funds to Fraport Greece, the holder of a 40-year operating concession for 14 regional...
Mar 28, 20172 min read


EBRD pledges € 300 million for renewable energy investments in Greece
The European Bank for Reconstruction and Development (EBRD) has pledged to invest up to € 300 million in renewable energy investments in Gre
Mar 10, 20172 min read


EBRD invests € 10 million in Loulis Mills
The European Bank for Reconstruction and Development (EBRD) has completed its first transaction in the agribusiness sector in Greece by...
Jan 19, 20171 min read


Hilton Hotel Property in Athens Sold for € 76 million; Temes and Dogus Group win Tender
The Hilton Hotel, a landmark in central Athens, has been sold by Alpha Bank to Home Holdings, an investment consortium comprising TEMES...
Oct 27, 20161 min read
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