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investment

China Shows Increasing Interest in Various Greek Market Sectors

China is showing a growing intent in investing in the Greek market. Just a few weeks ago China's China Machinery Engineering Corporation (CMEC) signed an agreement with Greece's Public Power Corporation (PPC), while a few days ago 24 percent...

Tsipras: Greece Is on the Threshold of Growth

"Greece is on the threshold of growth," Greek Prime Minister Alexis Tsipras said on Thursday addressing an event of the European Investment Fund and the European Investment Bank for the signing of the EquiFund. Tsipras added that the economic indicators...

Government Approves Casino Permit for Elliniko Park

As soon as the details are finalized for the privatization of the former Elliniko international airport site, Greeks can expect to see construction commence. According to sources, the government has announced the approval of a casino permit, which is...

6 U.S. Investments in Greek Tourism

American tourists are giving a vote of confidence to Greece with an increase in U.S. companies willing to invest in Greek tourism. Oaktree Capital Management and Goldman Sachs Asset Management -- along with businessmen Spyros and Andreas Andreadis --...

Tsipras: Creditors Should Reward Greece's Efforts in Reform With Offer of Debt Relief

Prime Minister Alexis Tsipras urged Greece’s creditors to recognize the efforts made by the country to achieve fiscal consolidation by offering debt relief, during his address at an event to mark the 100th anniversary of the Union of Greek Shipowners,...

Mayor Boutaris Hopes New İzmir-Thessaloniki Ferry Will Help Greek-Turkish Social and Economic Relations

Besides the tension between Greeks and Turks that has been running deep for generations, lately, there has been many efforts to curb hostilities and develop a type of friendship between the neighboring countries on both social and economic levels. From incidences...

Greece Ranks as Fourth Largest Investor in Bulgaria

According to information released in a report by the Greek embassy's economic trade and affairs bureau, Greece is ranked as the fourth largest foreign investor in Bulgaria. Many Greeks find Bulgaria and attractive prospect for both business and pleasure, as the...

Union of Centrist Leader V. Leventis in NY to Attract Investments [video]

Greek MP Vasilis Leventis, who heads the Union of Centrists party, is in New York to attend the two-day Concordia Summit titled "The Future of Europe". The event runs from September 19-20 and deals with challenges that Europe is...

Turkish-Cypriot Real Estate Agents Say Buying Greek-Cypriot Homes Is Big Risk for Investors

As the UN-led Cyprus Talks hope to soon resolve the Cyprus Issue and reunify the island, returning Greek-Cypriots to their land and properties in the northern third of the island that covers almost 40 percent of the total island, Real...

EC Proposal for Cyprus and Greece to Fully Seize Investment Opportunities

The Commission proposes to maintain the EU co-financing rate of 85% for Cyprus and to extend the "top-up" mechanism, which can benefit Greece. The financial and economic crisis had a profound impact on national and regional budgets in many Member...