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Greek business

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 SA, owner and manager of Hilton Athens hotel. In an announcement, Alpha Bank said the procedure...

ICAP: More Greek Businesses Run by Women in 2015

Women are steadily gaining ground as business leaders and entrepreneurs, with the percentage of women executives in Greece totaling 21.07% in 2015, up from 19.6% a year earlier, a survey by ICAP showed on Wednesday. The survey said that governments...

Greek-Australian Miner Turns Pastry Chef after Terrible Accident

Greek-Australian opal miner Ilias Katsapouikidis was working with his grandfather on detonating explosives in 2003, when he had a terrible, nearly fatal accident. All he remembers is seeing a white light, however, his grandfather who was present at the...

Greek Souvenirs Loved by Thousands of Australians

Nadia Synetou studied Communications Design, focusing on Graphic Design at Pratt Institute in New York. After graduating she returned to Greece and found herself in a difficult situation since the country’s economy was deteriorating fast. The crisis had especially...

Greek Deputy Tourism Minister to Attend 2nd Greek Tourism Workshop in Iran

The 2nd Greek Tourism Workshop will be held in Tehran on January 12, 2016. The event will be held in a luxury hotel of the Iranian capital and it will be attended by the Deputy Tourism Minister Elena Kountoura. The...

Traditional Greek Coffee Still a Firm Favourite Despite New Varieties on Offer

Greece's traditional 'boiled' coffee - known in the country as Greek coffee - remains a firm favorite within the country of avid coffee drinkers and continues to hold its own against 'newcomers' like espresso or cappuccino, the head of...

Thirty Greek Food Companies to Attend Foodex Exhibition in Saudi Arabia

Thirty Greek companies are expected to present their products at the international FOODEX SAUDI 2015 exhibition, taking place in Jeddah, Saudi Arabia. Greek products have not yet infiltrated the Arab Market, therefore the exhibition will offer the perfect chance...

Report: Greece Becomes a Tougher Business Environment Compared to Last Year

Greece fell two places to 60th, from 58th place last year, in World Bank's list of 189 countries setting up and operating businesses. The Doing Business 2015 report by World Bank, records reforms made by the countries which made it...

New Start-Up Introduces Next Generation Greek Souvenirs

Greek Way, the promising new start-up of Stelios Kerastas and Kostas Siolas, recently introduced a different kind of tourist gift concept. The two young and promising founders came up with four themed mini suitcases, in which signature Greek product-treats and...

Greek Private Sector Loses 19% of its Workforce in 5 Years

The Greek private sector suffered a heavy blow in the last five years (2009-2014), according to new research conducted by Grant Thomson firm. In these five years the Greek private sector lost 19% of its workforce, thereby increasing unemployment...