Economy

Greek PM Touts Vaccine Certificate Program, Tourism Recovery in 2021

Greek Prime Minister Kyriakos Mitsotakis again touted his vaccine certificate initiative during an interview with the Bloomberg news outlet on Monday. Professing that there will be a noticeable improvement in the coronavirus situation by April, the Greek leader stated...

Greek Economy to Grow by 3.5% in 2021, EU Forecasts

The Greek economy will grow by 3.5 pct this year and 5.0 pct in 2022, the European Commission said in its winter economic forecasts released on Thursday. In the report, the EU's executive said economic recovery will continue, supported mostly...

PM Mitsotakis Lauds “Significant” Strategic Partnership on Israel Trip

Greek PM Kyriakos Mitsotakis had warm words for Israeli Prime Minister Benjamin Netanyahu and the strengthened relationship between the two nations after the two leaders met on Monday. Mitsotakis praised the swift rollout of coronavirus vaccines in the state of...

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...

Greek PM Mitsotakis Sees Strong Rebound in Tourism in 2021

Greek Prime Minister Kyriakos Mitsotakis forecast a strong rebound in tourism in the summer of 2021, saying speedy vaccination drives in key markets for Greece, including Britain and Israel, will pave the way for tourists to return despite the...

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...

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...

Prospective Greece-Cyprus Ferry Service Receives No Bidders

There is no interest in reviving a Greece-Cyprus ferry service at the present time, despite some initial statements on behalf of several companies when the idea was floated in February of 2020, according to a statement issued on Friday...

Greece Proposes Safe Travel Plan for Summer

Greece proposed a safe travel plan for the upcoming summer season at a meeting of the Crisis Management Committee of the World Tourism Organization in Madrid on Tuesday. Tourism Minister Haris Theocharis presented the detailed proposal for the essential coordination...

Greece Eases Lockdown by Reopening Stores; 28 Covid Deaths on Sunday

Greece will ease the lockdown starting on Monday as it reopens retail stores to the public. On Sunday, health authorities confirmed 28 deaths due to Covid-19, bringing the standing total in Greece to 5,469. Retail stores in areas still experiencing...

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...

Capital Link Invest in Greece Forum Ends With NYSE Ceremony

More than 100 top level speakers, from the Greek and international government, business and financial communities, offered to a global audience an authoritative and insightful blueprint of the state of the Greek economy during the “22nd Capital Link Invest in...

PM Mitsotakis Meets with US Energy Secretary on Greece — US Cooperation

The spheres of Greece-US energy cooperation and US investments in Greece dominated a meeting of Greek Prime Minister Kyriakos Mitsotakis and US Secretary of Energy Dan Brouillette in Athens on Thursday. Meeting for the first time, at the Greek Prime Minister's...

Greece Will Bounce Back, PM Mitsotakis Tells Capital Link Forum

More than two thousand participants from all over the world attended the “22nd Capital Link Invest in Greece” Forum which took place in digital form on Tuesday and Wednesday. Entitled “Greece – Looking Ahead With Confidence,” the Forum was held...