Economy

Greek exports in all major sectors set a new record in 2022, rising by double digits in the eleven months between January and November, according to the data released by the Hellenic Statistical Authority (ELSTAT) on Monday. In the January–November...

The recovery of the economy in Greece from the COVID-19 crisis was strong, supported by the continuation of reforms, the Organisation for Economic Co-operation and Development (OECD) said in an Economic Survey on Greece released on Tuesday. It warned, however,...

  Technology companies Apple and Tesla are supposedly facing one of their most frustrating periods of business operations as their shares tumble amid supply-related issues. Supply delays messing up these well-known tech giants emanate from their production lines in China, recording...

Core Scientific, one of the largest bitcoin miners registered in the US, is filing for bankruptcy. The Texas-based company filed for bankruptcy on Wednesday. The firm said that it would continue mining bitcoin whilst it works out a restructuring deal...

Greece was named this week the top economic performer for 2022 among selected OECD nations by the Economist magazine. The Economist ranked Greece according to five key indicators in its analysis of 34 OECD countries. Greece fared the best in...

The Bank of England has unveiled plans to keep a lasting legacy alive with the circulation of new banknotes featuring King Charles III in mid-2024. The United Kingdom's central bank made the first public announcement on the design in the...

On Monday, the prime minister of Greece, Kyriakos Mitsotakis, announced a ten percent subsidy for every household's food purchases to help counter the burden of inflation. The funds from the subsidy are estimated at around 650 million euros ($690.82 million)...

The 48.5 percent acquisition deal of Greek fintech startup Viva Wallet by American banking giant JP Morgan has been completed.

Flatshares gain ground in Greece, according to new data, as an increased number of Greeks are willing to share their accommodation with more people amidst the current cost-of-living crisis. Greek online platforms which aim to connect people from across the...

Eldorado Gold, the Canadian mining company, announced on Thursday that the exploitation of the gold and copper deposits at the Skouries mine in Halkidiki, Greece can now go forward as the board approved the investment decision and a facility...

In a year of global uncertainty and strife, one unlikely stock has flourished amidst it all. A mining company in Indonesia soared to heights unseen anywhere else on the planet, edging up an incredible 1,595 percent and proving there...

Greece is set to overcome Italy and become Europe's second-largest olive oil producer after Spain according to a new research report published recently. The Italian Institute for the Agricultural and Food Market of Ismea estimates that olive oil in Italy...

The prospects for the Greek economy and investments will be at the forefront of discussion at the Capital Link Invest in Greece Forum, which will be held at the Metropolitan Club in New York on December 9th. “Sustaining Growth &...

Greece is becoming a European hub of liquefied natural gas (LNG) as demand grows in the wake of the war in Ukraine, PM Kyriakos Mitsotakis told an international conference on LNG held in Athens on Wednesday. Mitsotakis presented the new infrastructures...

The world’s wealthiest female billionaires are quite diverse. Some were born into wealthy families, while others produced their own fortunes. The "Forbes List of Billionaires" and the "Bloomberg Billionaire Index" each provide regular insights into who the five hundred most...