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investment

Toronto Economic Forum to Connect Greece and Canada

The Hellenic Initiative Canada is partnering with the Delphi Economic Forum of Greece for the inaugural Toronto Economic Forum, a conference that will bring together government and business representatives from Greece and Canada. The conference will take place on October 17-18...

Greece Announces Preferred Investor For Igoumenitsa Port

On Thursday, Greece's privatizations agency named an Italian-led consortium as the preferred bidder in the sale of a majority stake in the port of Igoumenitsa, situated in the northwestern part of the country. Italy's Grimaldi Euromed S.p.A. along with Greece's...

Google to Create 20,000 New Jobs in Greece

Google's investment in cloud services in Greece could contribute over two billion euros to the Greek GDP by 2030 and create twenty thousand well-paid new jobs, PM Kyriakos Mitsotakis said on Thursday speaking at the event for the presentation...

Google to Open Cloud Service Hub in Greece

Following Microsoft’s and Amazon's investments in Greece, Google is also proceeding with the development of state-of-the-art infrastructure and a regional cloud service hub. An official announcement on Google’s investment plan is scheduled to be made on Thursday by Google Cloud...

Telecom Conglomerate United Group to Invest $2 Billion in Greece

On Thursday, Telecom conglomerate United Group announced plans to invest $2 billion worth of investments in Greece up to 2027 in order to upgrade the telecoms infrastructure. According to a government announcement, United Group's investment plan foresees the installation of...

Greece and UAE Set Up $4.2 Billion Investment Initiative

Greece and the United Arab Emirates (UAE) have agreed to create a €4 billion ($4.22bn) initiative to invest in the Greek economy during a visit by Greek premier Kyriakos Mitsotakis to Abu Dhabi on Monday. Investments will be made in...

Greece Approves Fast Tracking of Microsoft Data Centres

Greece's state agency Enterprise Greece has given approval on Monday to fast-track a 100 million euros ($110 million) Microsoft investment project for three data centers in the country. The data centers will be located at Spata and Koropi in the...

Dramatic Rise of Foreign Investments in Greece

Greece marked an impressive increase of 74.3 percent in foreign direct investment (FDI) in 2021, according to Enterprise Greece

Retail Giant Carrefour Returns to Greece After 10-Year Absence

French retail giant Carrefour announced on Tuesday its return to Greece after 10 years -- this time with a different partner and targeting small retailing through collaboration with local chains. Carrefour, headquartered in Massy, France, is the eighth-largest retailer in...

Deutsche Telekom, OTE to Invest Over 3 Billion Euros in Greece

Deutsche Telekom and the Hellenic Telecommunications Organization (OTE) announced on Wednesday their intention to invest more than 3 billion euros ($3.4 billion) in Greece from 2022 to 2027. The decision, which is one of the largest investments ever made by...