business

The high prices owners demand from businessmen to pay for rent at Mykonos' highstreet of Matogianni, has led many businesses to shut down. Residents of the popular Greek island say that some owners ask for outrageously high prices, which include, apart...

The Turkish Energy Minister, Fatih Donmez, in an interview with the Turkish TV on Friday, said that his country is ready to send a second drill-ship outside its national jurisdiction in the Eastern Mediterranean. Turkey has already caused concerns in...

The Greek shipping has risen to first place in the world as measured by the value of its vessels, the ''VesselsValue'' data company announced earlier this week. Shipping vessels owned by Greek companies reached $105 billion (€92 billion) in value in...

Pericles Panagopoulos, the 83-year old Greek shipping magnate, died in the early hours of Tuesday, according to a social media post made by a member of his family. Panagopoulos was born in 1935 and is considered one of the most...

More than four thousand Greek businesses which have the terms "Macedonia" or "Macedonians" either in their brand names or in their descriptions, are now concerned about what the future might bring. According to Greece’s Kathimerini newspaper, 182 total businesses in Greece have brand...

Local authorities from Greece’s largest prefecture of Attica revealed this week that they plan to promote wedding tourism in the region in the coming year. The announcement was made at the unveiling of Attica's strategic plan for tourism for 2019. Speaking with the...

A German-based Greek start-up company founded by Greek entrepreneur Kostas Tzoumas was bought by the gigantic Chinese company Alibaba earlier this month for approximately €90 million. The start-up, named ''Data Artisans'', founded in 2014 by the Greek graduate of Athens’...

According to new data published by the Organization for Economic Cooperation and Development (OECD) on Tuesday, Greece was among the nine countries out of all 36 Organization members to raise business taxes during the last decade. The nominal tax rate...

A Turkish couple used a donkey and wheelbarrows to carry their groceries this week as a protest against the newly-introduced nationwide law instituting charges for plastic bags in Turkey. The two people used this unique and picturesque means to express...

The annual winter sales period for shops across Greece is expected to start this year on Monday, January 14, 2019. The special sales will run until Thursday, February 28, 2019, according to an official announcement issued on Monday by the Athens...