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investment

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...

Greece Is Bulgaria's Third Biggest Investor

The annual report of the Economic and Trade Affairs of the Greek Embassy in Sofia reveals that Greece was Bulgaria's third largest foreign investor for 2014. Greeks poured 2.49 billion euros into the neighboring Balkan country in 2014. Only Austria and the Netherlands made more...

Greek Tourism is a Main Investment Target for Foreigners

Greece's tourism sector has become a poll of attraction for foreign investors as half of foreign investments in 2014 were made in tourism and real estate, according to Enterprise Greece member, Constantinos Angelopoulos. Greece retains its comparative advantage and...

EU Commission Launches EU Prize for Women Innovators

European Commission launched the third edition of the EU Prize for Women Innovators with the view to giving public recognition to outstanding women entrepreneurs who brought their innovative ideas to the market. The aim is to inspire other women to...

Chinese Cosco Breaking Records at Piraeus Port

Official data released by Cosco Pacific show the reason behind the Chinese company’s decision to invest in the Piraeus port. According to the data, over the last 11 months, from January to November, 2014, 2.73 million containers were handled at...

Piraeus Port Authority OKs Agreement with Chinese COSCO

After a Piraeus Port Authority (OLP) general meeting green-lighted the agreement with Chinese company Cosco regarding the latter's new 230-million-euro investment in Piraeus, Greece, the way is now open for Beijing to move ahead with its export plans in...

Philip Morris – Papastratos Agree on 25-Million-Euro Investment

Greece’s leading tobacco company Papastratos’ President and CEO Nikitas Theofilopoulos and Philip Morris International Vice President Massimo Andolina announced during a meeting with Development Minister Kostas Skrekas on Wednesday in Athens that the planned 25-million-euro investment is currently in the...