Greece
Calamos Supports GreeceCalamos Supports Greece

foreign investors

Foreign Envoys to Propose More Austerities Claiming Greece Will Have GDP Budget Gap in 2017

Foreign envoys are set to return to Athens to resume talks about Greece's austerity measures on November 14. They will discuss the alleged budget gap that they claim is looming over Athens as well as push for more austerities;...

WSJ: "PCP Capital to Buy Up Greece's Non-Performing Bank Loans"

In accordance to its last bailout package, Greece has had to put laws in place that make it easier to restructure or reclaim assets to get rid of defaulted financial loans more quickly; something in which foreign investors are...

Eldorado Gold Will Suffer Major Write-Down

Eldorado Gold announced earlier in the month that it will suspend the majority of mine construction on Greece, although it does not intent to leave the country. Now, the company said it expects to “write down the value of its...

Foreign Investors in Greece’s Banks Will Seek Reassurance from Greek Government in Upcoming Visit to Athens

According to the Greek financial newspaper Kefalaio, foreign investors holding large Greek bank shares are due in Athens on February 28th for a series of meetings with high level Greek officials, which include Prime Minister Alexis Tsipras. According to the same source,...

European Central Bank Approves Reopening of Athens Stock Exchange

The European Central Bank (ECB) approved on Tuesday a modified plan, submitted by the Greek government, to reopen the Athens Stock Exchange (ASE), a month after it was shut down due to capital controls. The ECB's final recommendation is that transactions by foreign investors will...

Greek Crisis Brings New Opportunities for Investment

Omaira Gill notes that while the Greek government scrambles to repay its debts "behind the scenes investors continue to eye Greece with interest." "If investors are looking to make cheap purchases, then Greece is the place," the Abu Dhabi-based reporter wrote in...

Foreign Investors Interested in Greece's Insurance Sector

Greece's private insurance sector that was largely damaged by the five-year recession seems to attract foreign investment. With significant loss of jobs, the private insurance sector lost 22% of its turnover, from 5.2 billion euros at the end of 2008, fell to 4 billion...

Cyprus: US Investors Interested in Ledra Palace

Archbishop Chrysostomos announced that US investors are interested in leasing the Ledra Palace hotel in the buffer zone of Nicosia. The Church holds the majority stake in the building which has now become the landmark of Nicosia. During their visit in...

Greek Vacation Homes for Sale

Foreign investors are still looking for vacation homes in Greece’s most famous travel destinations. In fact, it appears that the demand for such real estate transactions has increased, even though there haven’t been enough sales of such properties so...

Foreign Investors Re-interested in Greek Market

A pan-European survey conducted by PricewaterhouseCoopers and the Urban Land Institute (ULI) showed that hotels still remain the Number 1 choice for foreign investors who are active in the local property market. Based on the survey’s results, property market professionals...