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Investors

Investors' Calls for Compensation Over Greek Bailout Rejected by EU Court

The European Union's General Court made public on Thursday that the private investors who wished to be compensated for the losses they endured during the Greek bailout of 2012 will not receive any compensation. The individuals who had held sovereign...

Australian Interest in Greek Investment Growing, Says Ambassador

Australia's interest in Greek investment is growing all the time, stated Australia's Ambassador to Greece Kate Logan at a meeting on Thursday with Deputy Prime Minister and Economy Minister Yiannis Dragasakis. Of particular interest to potential investors are the sectors of...

Foreign Investors Interested in Developing New Resorts in Greece

According to Enterprise Greece, the official agency of the Greek State to promote investment in Greece, many foreign investors in the sector of tourism have expressed interest in developing plots for the creation of tourist and holiday complexes, among...

Record Number of Foreign Investors Use 'Golden Visa' Scheme in Greece

Record numbers of non-EU investors are granted the "Golden Visa" scheme that entitles them to a Greek residence permit in return for major investments, new data show. Chinese top the list with 1,395 permits, followed by Russians at 429, and...

Investors Worry About New Greek 'Accident'

Investors worry about a new Greek "accident" in view of bond payments due in the summer, as the bailout program review has stalled and Greece is unlikely to receive the next loan tranche on time, a Reuters report says. Indicative...

Greece's Largest Private Debt Owner Says Greek Debt Is Much Lower Than We Think

Paul Kazarian, who owns around 4 billion dollars in value of Greek state bonds, says that the Greek debt is not as high as we are made to believe. The American-Armenian investor, founder and owner of Japonica Partners, spoke to...

CultureMin: Declaring Old Airport an Archaeological Site Doesn't Affect Future Investments

Declaring the site of the former Athens airport at Hellinikon an archaeological site will not affect the investment in any way, Culture Minister Aristidis Baltas said on Monday during a visit to Crete. The Culture Ministry’s General Directorate for Antiquities...

Foreign Investors Choose Traditional Houses in Greece

Over 600 million euros have been invested in Greek real estate by foreign investors in the 2013-2015 period, with the emphasis given to traditional summer houses, according to a Kathimerini report. Specifically, 186 million euros were invested in 2015, 250...

Alpha Bank Launches Procedure to Sell Hilton Athens Hotel

Alpha Bank announced on Wednesday the launch of a procedure to sell a majority stake (around 97.3%) in the equity capital of Ionian Hotel Enterprises SA, owner and manager of Hilton Athens hotel. In an announcement, Alpha Bank said the procedure...

Greek PM Receives Representatives of Top Investors in Greece

Greece will have "turned onto a new page" once the first review of the economic adjustment programme is concluded, according to all participants in a meeting on Friday between Greek Prime Minister Alexis Tsipras and international investors in Greece,...