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investment

Bitcoin Halving and How It Might Affect Its Price

Get ready for a major event in the world of cryptocurrency. The next Bitcoin halving is coming in April 2024. But why should Bitcoin halving matter to us? Approximately every four years, the amount of new bitcoins that enter circulation in...

Second Agency in a Week Raises Greece’s Rating to Investment Grade

Scope, the leading European provider for credit ratings, raised Greece's rating to investment grade on Friday. Scope upgraded Greece's long-term local- and foreign-currency issuer and senior unsecured debt ratings to BBB-, from BB+, and revised associated outlooks to stable, from...

Alibaba Plans $1 Billion Plus Investment in Turkey

Alibaba Group Holding LTD. is planning to invest more than $1 billion in Turkey. The news became public knowledge after the company's president, Michael Evans, told the Turkish newspaper Sabah about Alibaba's investment plans in Turkey. It was revealed that...

Greece Doubles Investment Requirement for the Golden Visa

Greece will increase the minimum value of the property that must be acquired to grant eligibility for a Golden Visa to 500,000 euros ($532,000) in certain parts of the country, according to an amendment tabled in Parliament on Wednesday. The...

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...