Business

EasyJet Says Early Travel Bookings Already up 600%

EasyJet stated on Tuesday that bookings for flights increased by more than 300% and vacation reservations grew by over 600% on a weekly basis

Rolls-Royce Names Panos Kakoullis New CFO

British aircraft engine maker Rolls-Royce will name Panos Kakoullis as its new CFO, Reuters reported on Monday. Kakoullis will start in his new role on May 3. The company hopes that the Greek-British Kakoullis, former head of audit and assurance...

PM Mitsotakis Calls for Vaccine Equity, Green Development in Conference

Greek PM Kyriakos Mitsotakis discussed coronavirus vaccine equity and his commitment to the continual modernization of the Greek economy in an online conference called "Europe 2021" on Thursday. The conference, which was organized by the German newspapers Der Tagesspiegel, Die...

Calamos CEO Touts Stock Market’s Opportunities as Pandemic Lifts

Greek-American John Koudounis, the Chief Executive Officer of Chicago-based Calamos Investments, oversees the firm’s day-to-day operations, its fiscal function and its overall performance. His responsibilities include managing operations, leading business and corporate development, and directing strategic growth initiatives. The CEO spoke to...

Nike Terminates Greek Retailers, Threatening Shops With Bankruptcy

Greek retailers have announced they are taking Nike to the European courts following the company's announcement that it will terminate its existing contracts by 2022. A spokesperson at the Dutch European headquarters of the American multinational corporation confirmed on Wednesday...

Amazon in Athens Ushers New Era of Innovation in Greece

Amazon Web Services (AWS) announced that they will soon open their first office in Athens as part of the conglomerate’s ongoing investment in Greece. The firm had previously opened a CloudFront location in the capital city and the addition of...

Greek Female Startup Founders Aim at Closing Gender Gap

A new private initiative, the Greek Female Startup Founders' Cluster of ICC Women Hellas, has embarked on a mission to promote female-led Greek startup companies, with the support of the domestic and international network of the International Chamber of...

Forbes’ “30 Under 30” List Singles Out Prominent Greek-Americans

Some prominent Greek-Americans were named recently on Forbes' "30 Under 30" List, which singles out up and coming figures in the realms of Manufacturing & Industry, Media, and Hollywood & Entertainment. The tenth-annual listing profiled 600 young entrepreneurs, scientists and...

PM Mitsotakis: “Brand Greece” Must be Refreshed This Year

Greek PM Mitsotakis believes that "Brand Greece" must be refreshed once again this year, after the worst of the pandemic is over, letting the world know once again that it is ready to "hit play again" as the nation...

Greek Shipowners Place Orders for 85 New Vessels

Greek shipowners have placed orders for 85 new vessels in the past year, according to an encouraging report released today by the Union of Greek Shipowners. These mavens of the shipping industry have invested more than $9 billion recently in...

Covid-19: Retail Stores to Reopen in Greece; 610 Cases Friday

The retail sector is set to reopen in Greece as the country has successfully battled its second wave of Covid-19 during its two-month lockdown. Starting Monday, January 18, Greece's retail sector, along with hair and nail salons, will be open...

Amazon Web Services Opens Office in Greece

Amazon Web Services (AWS) announced that they will soon open their first office in Athens as part of the conglomerate's ongoing investment in Greece. The firm had previously opened a CloudFront location in the capital city and the addition of...

PM Mitsotakis Says 2 Million Greeks Vaccinated by End of March

PM Mitsotakis said that 2 million Greeks will be vaccinated against the coronavirus by the end of March in a television interview on ANT1 with journalist Nikos Hatzinikolaou on Tuesday evening. During the wide-ranging interview the Prime Minister spoke about...

Australian Nursing Home Mogul Skips Country, Flees to Greece

Australian nursing home mogul Peter Arvanitis and his wife, Areti, slipped out of the country almost unnoticed and landed in Greece.

Greek Scientist Develops Pioneering 6G Technology

A Greek scientist is developing 6G technology after receiving a 2 million euro grant to pursue the project at Queen’s University, Belfast.