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“Brain Gain Momentum Builds Up In Greece”

Greece is seeing its brain drain reversed into a "brain gain," a new trend triggered by the pandemic crisis and colossal investments.

Microsoft Announces Massive Billion-Dollar Investment in Greece

Microsoft President Brad Smith announced a large investment in Greece on Monday, which is expected to reach one billion euros ($1.17 billion) and -- as he noted -- shows the company's confidence in the Greek economy. As part of the...

Microsoft Reportedly Plans Massive €1 Billion Investment in Greece

Microsoft is expected to announce on Monday a massive €1bn ($1.17bn) investment in Greece for the establishment of its new activities in Europe, including cloud services, Greek media report. The announcement will be made during an event at the Acropolis...

Major Tourist Development Project to Begin on Corfu

The U.S. investment group NCH Capital has just been given clearance to begin the "Kassiopi Project," a 120 million-euro ($134 million) venture to construct a five-star tourist resort on the east coast of the Greek island of Corfu (Kerkyra). Having...

European Investment Bank Offers €200M to Support Infrastructure in Evros, North Aegean

The European Investment Bank will offer 200 million euros to Greece for the support of infrastructure works due to the recent migration-related developments on the islands of the northeastern Aegean and in Evros, it was made public on Friday. Greek...

Volkswagen Mulls Major Electro-Mobility Investment on Thassos Island

Costas Fragogiannis, Greece's Deputy Minister of Foreign Affairs, who is also responsible for the country's economic diplomacy, visited the northern Greek island of Thassos on Wednesday along with a large delegation from the German automaker Volkswagen. The two groups traveled...

Amazon Creating ''CloudFront Edge'' Site in Athens, Greece

Greek Minister of Digital Governance Kyriakos Pierrakakis met with senior executives from Amazon Web Services, a subsidiary of Amazon, on Monday to talk about the company's recent decision to invest in Greece. The talks between the Minister and the representatives...

EU Approves €233 Million Fund to Boost Greece's Ultrafast Broadband

The European Commission on Friday announced that it has approved the funding of an ultrafast broadband project in Greece worth 223 million euros. The monies will come from EU funds, that will provide fast internet access to almost 11 million...

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...