Investments

The economic crisis that hit Greece in 2008 destroyed many businesses, big and small, leading hundreds of thousands of Greeks to bankruptcy and unemployment. The austerity that followed the bailout programs led to tight household budgets, making most sectors...

The United States has a “strategic interest” in investing in Greece after the country comes out of the economic crisis, said U.S. Ambassador to Greece Geoffrey Pyatt on Monday. The U.S. official spoke in a digital forum conference held in...

Greece has become a friendlier and more credible country in terms of business and investments, Prime Minister Alexis Tsipras said addressing the Delphi Economic Forum on Friday. The country has become "less bureaucratic, with a modern tax system, uniform and...

China's growing presence in Greece through major investments and the purpose of this large scale initiative, is the subject of a new report by the Institute of International Economic Relations (IIER). The report, titled "Chinese Investment in Greece and the Big Picture...

The Greek government’s turn towards realism has raised hopes that foreign and domestic investors would grab the opportunity to transform Greece's economy and help bring the country out of the decade-old crisis. Already three massive investment projects are promising to...

Tourism is Greece's most productive industry, steadily growing over the past four years. The World Travel & Tourism Council (WTTC) says that a new boom in Greek tourism is expected in the next decade. Services account for about 80% of...

Greece will have exited the bailout program in the summer of 2018, Prime Minister Alexis Tsipras said in a videotaped message to the 19th Annual Capital Link Invest in Greece Forum in New York, on Monday. Tsipras said that Greece...

U.S. Ambassador to Greece Geoffrey Pyatt on Thursday said he believes that 2018 will be a turning point for Greek economy, provided the country creates an investment-friendly environment. Pyatt spoke at an event organized by the European Public Law Organization...

Hedge fund manager, Kyle Bass, believes that Greece will come out of the crisis and investors will pour billions into its economy once the government changes, according to a CNBC report. The founder and chief investment officer of Hayman Capital...

Two of Greece’s biggest projects -- together valued at about 11 billion euros -- have stalled on bureaucratic and legal wranglings, raising questions about the country’s ability to draw investments, says a report in Bloomberg. The report focuses on two...