Kostis Hatzidakis
Business
Shares of Athens Airport Make Spectacular Debut in the Stock Exchange
The Athens International Airport (AIA) shares made a spectacular debut on the Athens Stock Exchange on Wednesday, with its price rising more than 14 percent in midday transactions in heavy trading of more than 50 million euros.
This follows after...
Business
Demand for Athens Airport Shares Exceeds 8 Billion Euros
Demand by domestic and international investors for shares in Athens International Airport exceeded 8.0 billion euros ($8.7 billion) Greek authorities announced on Friday.
According to the country’s privatization agency Hellenic Republic Asset Development Fund (HRADF) the initial public offering of...
Greek News
Greece Announces Support Measures for New Parents
Greece announced a package of measures for new parents aimed at helping families cope with the rising cost of living and tackling the demographic problem facing the country.
Minister of National Economy and Finance Kostis Hatzidakis and Minister of Social...
Economy
Greece Gets New Credit Rating Boost from Moody’s
Late Friday, the ratings firm Moody's gave Greece's economy a significant vote of confidence by raising the country's credit rating by two notches.
Moody's said it was upgrading Greece's rating from Ba3 to Ba1, with a stable outlook. It stopped...
Economy
Greece Raises €3.5 Billion from 15-year Bond Issue
Greece on Tuesday successfully completed a 15-year syndicated bond issue, raising 3.5 billion euros ($3.86 billion) at an interest rate of 4.45%.
Bids submitted exceeded 13.4 billion euros, of which 11.6 billion in cash and 1.8% in bond swap.
The Greek...
Business
Greece Raises Minimum Wage For Third Time Since 2020
Greece will raise the minimum wage from April 1 for a third time, Prime Minister Kyriakos Mitsotakis said on Friday, as high inflation takes a toll on household incomes.
“I am under no illusions. I know that wages in our...
Greek News
Greece Unveils Labor Bill with Emphasis on Working Hours Flexibility
Greece unveiled a new labor bill which the government says it aims to increase competitiveness through more flexible working hours.
Environment
Greece Launches Massive Reforestation Program
The Greek Minister of the Environment and Energy Kostis Hatzidakis recently announced the launch of Greece's largest reforestation campaign.
The reforestation effort would lead to the planting of over 30 million trees over a period of 10 years.
Planting will start...
Environment
Greek Environmental and Energy Ministry Buys Electric Cars and Bicycles for Staff
Greece's Environment and Energy Ministry received the first electric cars and bicycles that will be used exclusively by the ministry's staff on Friday.
Environment and Energy Minister Kostis Hatzidakis stated "We have an ambitious green agenda and we must prove...
Environment
Greece Vows to Wage War Against Plastic Pollution
The Greek government announced a campaign on Wednesday to tackle pollution from plastics, and promised to completely ban single-use plastics by June of 2021.
"Thirty-nine tons of plastic waste end up in the sea in Greece (every day) and a...