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Greek Restaurant in Melbourne Loses 90% of Profits After Supporting Israel

A Greek restaurant in Melbourne, Australia, named Mediterranean Greek Tavern, received an unexpected backlash after expressing solidarity with the Jewish community via Facebook. According to...

Pfizer Pouring COVID Profits into Cancer Battle, CEO Bourla Says

Pharmaceutical giant Pfizer is pouring the windfall profits from its COVID-19 vaccine into developing products to battle cancer, Chief Executive Albert Bourla said at...

10 Foundations Join Forces to Help Start-Ups, Non-Profits in Greece

The Hellenic Initiative Canada joined nine foundations in Greece to support innovative small-scale initiatives by start-ups and non-profit organizations. The grants will be awarded to...

Snapchat Launches Paid Version Hoping to Boost Profits

Snap Inc. launched on Wednesday a paid subscription version of the Snapchat app in the US priced at $3.99 dollars per month. It is dubbed...

Port of Piraeus Announces Record Profits for 2021

The Port of Piraeus reported on Monday the highest level of profitability in its history during 2021, with profits after taxes surpassing $40 million...

Non-Profits Join Forces to Create New Shelters for Minor Refugees in Athens

Two non-profit organizations announced earlier in the week that they have joined efforts to provide more safe and enabling environments for vulnerable unaccompanied minor...

Piraeus Bank Records Growing Profits During 2019

Piraeus Bank of Greece announced on Monday that it grew its net profit for the full year of 2019. This increase was aided by lower...

Eurogroup Agrees to Return €767 Million in Bond Profits to Greece

Wednesday's Eurogroup meeting in Brussels approved the return of €767 million in Greek bond profits to Greece, as well as the cancellation of the...

Greece's Port of Piraeus Records Stunning 147% Increase in Profits for 2018

The Piraeus Port Authority (OLP) announced on Friday that the company's net profit for 2018 was 147 percent higher than what it had earned...

ECB Profits from Greek Bond Holdings at €7.8 Billion

The European Central Bank has made nearly €8bn in profits from its holdings of Greek government debt, according to a written response provided by...