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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...

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,...