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Power Utility Says Three Companies to Continue in ADMIE Tender

Power utility PPC announced that three companies out of four that expressed interest will continue in the tender for the sale of a 24...

Alpha Bank Launches Procedure to Sell Hilton Athens Hotel

Alpha Bank announced on Wednesday the launch of a procedure to sell a majority stake (around 97.3%) in the equity capital of Ionian Hotel Enterprises...

The Emblematic Athens Hilton Hotel is Allegedly for Sale

The Athens Hilton, the emblematic hotel that has hosted countless important people and celebrities visiting Athens, is allegedly up for sale. According to a report...

Greece’s Banking Ambitions in Turkey Fading Away

The construction of the 303-million-euro ($383 million) glass diamond-shaped skyscraper in the heart of Istanbul, Turkey,  is due to be completed. The pompous building...

National Bank Completes 2.5 Billion Share Sale

The National Bank of Greece (NBG) announced on Friday it had successfully completed its equity offering, with its new shares priced at 2.2 euros each as the...

Lamda Preferred for Ellinikon Airport Project

Monday’s meeting of the HRADF Board unanimously declared Lamda Development SA the preferred investor for the acquisition of 100% of Hellinikon SA shares, after...

TAIPED Seeks Improved Bid for Ellinikon

Lamda Development has until March 26 to submit an improved bid to renovate the disused site of Ellinikon Airport after authorities rejected the Greek company's initial bid...

Rybolovlev's Backstage Deal Gets Him Skorpios

Dmitry Rybolovlev, a Russian businessman, investor, philanthropist and current owner of AS Monaco Football Club, is now the owner of Aristotle Onassis’s legendary island...

Despite Aid, Greek Eurozone Exit Fears Live

Greek Prime Minister Antonis Samaras' claim that the country's chances of being forced out of the Eurozone are dead may have been exaggerated. That's...