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investment

US Ambassador: Greece Can Rely on Entrepreneurs and Innovation for Economic Growth

Entrepreneurs could drive economic growth in Greece fairly quickly, United States Ambassador Geoffrey Pyatt said in a speech at the Thessaloniki Summit on Friday, as long as the government removes bureaucratic obstacles. The summit was organised by the Federation of...

Greek Government Blasts ‘Deliberate Obstruction’ of Hellinikon Investment

The government will not tolerate deliberate delays in investments, sources from the prime minister's office said on Wednesday, commenting on the stalled investment at the old Athens airport. "The Greek government gives the necessary time and space to the institutions...

Archaeological Council Issues yet another Postponement in Hellenikon Investment Ruling

It was the third time that the Greek Central Archaeological Council postponed a decision concerning whether or not the old Hellinikon airport, site of the biggest investment in recession-era Greece, would be ruled an archaeological site. So, one of the...

China's Investment Interest in Greece Discussed by Papadimitriou, Zou Xiaoli

Economy and Development Minister Dimitris Papadimitriou, in a meeting on Monday with the Ambassador of the People's Republic of China to Greece, Zou Xiaoli, said Greece is interested in the prospect of participation by China Development Bank (CDB) in...

Katrougalos Dismisses Reports on Qatar and its Investment Activity in Greece

Alternate Foreign Minister Giorgos Katrougalos in a statement to the Athens-Macedonian News Agency on Saturday dismissed reports that Qatar has stopped any investment activity in Greece. "It is nothing more than fake news," he said adding that such scenarios undermine...

Eldorado Miners Storm Greek Ministry (video)

Miners from the Eldorado Gold mine in Chalkidiki, stormed the Greek Ministry of Environment in Athens, demanding that the government provides the necessary permits for the Canadian company to continue its operations in northern Greece. Dozens of miners descended to...

New Democracy: Tsipras is like Hurricane Irma on Foreign Investment

Greece's main opposition party; New Democracy, reacted to the announcement by Canada's Eldorado Gold company to suspend its investment in northern Greece, by blaming government policy. Spokesman Vasilis Kikilias said that PM Alexis Tsipras'  promise of foreign investments, has been refuted. "Mr....

Eldorado Gold Suspends Investment in Greece

Canada’s Eldorado Gold Corp said on Monday it would suspend investment at its mines and development projects in Greece due to a delay in obtaining permits from the Greek government. This represents a major blow to the recent efforts of...

State Min Flambouraris: Investment in 14 Greek Airports to Be Completed in 15 Days

Investment procedures for the 14 Greek regional airports will be completed within the next 15 days before the Easter holiday and the Greek state will collect 1.233 billion euros, Minister of State and president of an Interministerial Investment Commission...

Netflix Invests $2 Billion Into European Productions

Netflix's Ted Sarandos summarized the streaming giant's philosophy at a "See What's Next" event in Berlin, when he got up on stage and said, “Great storytelling knows no geographical bounds". Sarandos has always pushed partnerships with production houses across the...