Greece received two positive signals from international credit rating agencies on Friday, as Scope Ratings upgraded its sovereign rating and Moody’s turned its outlook positive.
Scope raised Greece’s long-term rating from BBB to BBB+, with a Stable outlook. Moody’s kept...
At least two European refining customers have been told they will receive no Saudi Aramco crude oil in October 2026 following an attack on Saudi Arabia’s East-West pipeline, Bloomberg News reported citing people familiar with the decision. The reported cuts...
New Balance has grown into one of the world’s most recognizable athletic brands, but the company remains closely associated with the Greek-American family that transformed it from a tiny Boston shoemaker into a multibillion-dollar business.
Jim Davis, the longtime chairman...
Turkey’s gold-stashing habit is drawing renewed scrutiny from officials who say hundreds of billions of dollars in household wealth remain outside the formal financial system, limiting bank funding and complicating efforts to control inflation and external imbalances.
The practice, known...
Greece posted one of the strongest tourism performances in Europe this year, as shifting Mediterranean travel patterns pushed more visitors toward Southern European destinations, according to UN Tourism.
International arrivals in Greece rose 15% in the first half of 2026...
Nearly nine in ten people in Greece (87.1%) struggled to make ends meet in 2025, the highest share recorded anywhere in the European Union, according to new figures released by Eurostat, the statistical office of the EU. The finding...
Travelers arriving in Athens and Thessaloniki will soon pay more for fixed-price taxi rides between the airports and city centers.
In Athens, the daytime fare will rise from €40 ($46) to €50 ($57). The nighttime fare will increase from €55...
Greece now borrows more cheaply than France despite its heavier debt burden, a reversal that reflects sharply different trends in public finances and government funding needs. On Tuesday, Greece's 10-year government bond yield closed at about 4.29%, compared with...
The National Bank of Greece will cancel 11.58 million of its own shares on September 17. The move will reduce the number of outstanding shares and change the bank’s capital structure.
NBG bought the shares through its share buyback program...
Liberty Ships, first built during World War II, transformed the Greek shipping industry.
By Lia Mageira
“Your safety altogether depends upon the sea.”
Xenophon, 4th century BC, Greek historian and philosopher.
During World War II, between 1941 and 1945, a total of 2,711...
Greece continues to be a steady pole of attraction for international television productions, reinforcing its tourism profile in neighboring Italy. At the center of this interest is the implementation of an extensive television mission on behalf of the popular...
America’s hidden millionaires are not concentrated only in Silicon Valley, Wall Street, or the ranks of famous billionaires. Tax-record research points to a much larger class of wealthy Americans who built fortunes through privately owned businesses, including law firms,...
A new chapter has begun for Greece’s telecom leader as Deutsche Telekom moves to fully align OTE Group’s corporate identity with its global brand. The German powerhouse is introducing its iconic magenta "T" alongside—and gradually in place of—Cosmote, one...
For most of the last decade, the story out of Greece was who was leaving the country. Now there is a smaller, quieter story about who is actually arriving, and it involves considerably larger bank balances. Chris Rokos, the...
