business

Joy in The Time of Coronavirus: Greece Divided Over Carnival Ban

2020 will certainly be a year to remember Greece's Carnival festivities, and the reason is that, for the first time in many decades, the country will not hold any Carnival festivities whatsoever. Well, at least, not any officially organized festivities. Thursday's...

Greek Unemployment Rate Falls to New Record-Low Levels

The Greek unemployment rate fell to 16.5 percent of the workforce in November of 2019, the latest month for which official data is available. The unemployment rate during the same month in 2018 was 18.6 percent, dropping to 16.6 percent in...

Canadian Customer-Care Firm to Create 600 Jobs in Athens, Greece

The Canadian firm ''24-7 Intouch'' announced recently that it aims to expand its operation in Europe, creating more than 600 jobs in Athens, Greece. The customer care and technology company said in a press release that it will open its...

Greece to Begin Procedures to Privatize Ten Regional Ports

The Greek government has launched the necessary legal procedures for the further commercial development of ten large regional ports in the country, according to an announcement issued on Friday. Finance Minister Christos Staikouras and Shipping and Island Policy Minister Giannis...

Greece Enables Non-EU Entrepreneurs to Come and Do Business in the Country

An amendment facilitating the entrance of foreign, non-EU nationals who are entrepreneurs to Greece was brought before the Greek Parliament on Tuesday. The amendment, which is attached to the Foreign Ministry's draft legislation entitled "Regulations for the United Kingdom's withdrawal...

Economic Sentiment Index in Greece Reaches Pre-Crisis Levels

The economic sentiment index in Greece rose to 109.5 points in December, from 107 in November, the Greek Foundation for Economic and Industrial Research (IOBE) announced in a report on Thursday. This is the highest level seen since November of...

Athens Continues to Increase its Share of Greece's Tourism Market

According to recent data, the city of Athens continues to increase its share in Greece's tourism market, establishing itself solidly as a tourist destination all on its own. The latest news bulletin from the Institute of Greek Tourism, known as...

''Macedonia the Great'': Greece's New Official Trademark for Macedonian Products

The new, official commercial trademark which will be used for all products originating from Macedonia, Greece was presented during the Thessaloniki Summit on Thursday. This move is part of 2018's Prespa Agreement and the resulting implications it caused in commerce, as...

More than 50 Greek Wines Presented at Shanghai’s ProWine China Fair

Οver fifty labels of Greek wines were presented at the Shanghai International Trade Fair for Wines and Spirits, called "ProWine China," which opened its doors on Tuesday and will run until Thursday, November 14. The Greek pavilion, organized by ''Enterprise...

China's President Xi Arrives in Athens for Three-Day Official Visit

The President of the People's Republic of China Xi Jinping arrived in Athens on Sunday afternoon, beginning his official, three-day visit to the Greek capital. President Xi arrived in Greece just a few days after Greek Prime Minister Kyriakos Mitsotakis...