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Interest Rates Rise on ECB Hike

Several Greek high-street banks announced higher interest rates on loans and deposits following a 0.25 % hike in the European Central Bank's...

Bank of Beirut Acquires Laiki Bank Australia

Laiki Bank Australia is now under the control of Lebanon's largest bank "Bank of Beirut", and changed its name. On Wednesday, April 27th it will...

Olympic Air Partners with Aviareps in Two Additional Markets

Aviareps has been chosen by the Greek airline Olympic Air to become its General Sales Agent (GSA) in Italy and the United Sates.  This...

EU Blocks Aegean Airlines & Olympic Air Merger

The European Commission has prohibited the proposed merger between Aegean Airlines and Olympic Air.  It would have resulted in a quasi-monopoly on the Greek...

OPAP Agents Plan 2 Day Strike Opposing Greek Tax Policies

Greek betting company OPAP's sales agents will go on strike on Friday and Saturday, their union said.  They are threatening further labour action unless the...

Greek Stocks’ Annual Losses Reach 35.6% in 2010

Athens Stocks moved on negative ground in the last session of the year, as the General Index ended at session lows, on a turnover...

Fitch Places Major Greek Banks on RWN

Fitch Ratings said it placed the long-term ratings of major Greek banks on rating watch negative (RWN), after placing Greece’s sovereign rating also on...

Over a Million Visitors at National Museum of Natural History’s Cypriot Exhibition

Since September 29th, 2010, when the exhibition: "Cyprus: Crossroads of Civilizations" opened to the public and up to December 4th, 1,000,748 visitors came to...

"Cyprus: Crossroads of Civilizations" at Smithsonian’s

Cyprus, the eastern-most island in the Mediterranean Sea, situated at the crossroads of Europe, Asia and Africa, has been a meeting point for many...