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investment

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...

Lamda Development Ready to Begin Landmark Works at Hellenikon

Lamda Development is ready to begin work on its landmark project at Hellenikon. "We are ready to begin the biggest project of joint reconstruction in Europe and one of the biggest worldwide. Bulldozers will be ready to begin works...

Greek PM Tsipras Welcomes TAP Construction as Start of New Era for Greece

Radical Left Coalition (SYRIZA) Prime Minister Alexis Tsipras said Greece is entering a new era, leaving a period of instability and uncertainty behind, during his speech at the inauguration of the construction of the TransAdriatic Pipeline (TAP) in Thessaloniki....

Three Strategic Investments Worth Around 800 Million Euros Set to Start in Greece

Three strategic investments, worth around 800 million euros, designed to create more than 500 new job positions, are on the road to be included in the fast track procedures of law 3894/2010. According to a report by "Avgi" newspaper, two...

EIB Signs Loan Agreement With Creta Farm Worth 15 Million Euros

Creta Farm SA, a Greek-listed food company, on Tuesday signed a loan agreement worth 15 million euros with European Investment Bank. It is the first such agreement signed by EIB in the framework of a support programme offered by...

Greek Island of Mykonos Booming With Million Euro Business Deals

While the rest of Greece is amid social and financial turmoil, and while several ports and islands live under the fear of this year's questionable tourist season, there is one specific location in Greece that seems to be secluded...