ENGLISH EDITION

ENGLISH EDITION

Hercules plan changes in rush to meet crucial conditions

Talks are continuing on ways to improve a plan being put together by Greece to help banks reduce bad loans, called the Hercules proposal, in a bid to prevent it from being a lost opportunity for the country and its financial system.

21 Οκτ 2019 11:26

ENGLISH EDITION

Dep. Defence Min Stefanis says the defence sector is also a lever of growth

The minister said that the defence becomes a lever of growth and noted that the target is for Greece to turn into a reconstruction centre for Chinook helicopters " We have the second largest fleet in Europe" he noted. He also said that the budget for the Armed Forces will not be reduced and finally he referred to the government’s four priorities for the national defence.

21 Οκτ 2019 10:23

xristostaikouras

ENGLISH EDITION

FinMin Staikouras sends message of "realistic optimism" over the course of Greek economy

In his meetings with representatives of the international investing community, with his counterparts, the heads of the institutions and senior officials of IMF, Staikouras presented the targets, already being applied in the first three months of the new government, noting the markets and the institutions' positive reaction. He also focused on the main axes on which the roadmap for the country's economic course will be based.

21 Οκτ 2019 09:07

ENGLISH EDITION

We do not invite any economic migrant to Greece, gov't spokesman Petsas says

"We do not invite any economic migrant to come to the country" stated government spokesman Stelios Petsas adding that those that will 'invest' money to come to Greece by traffickers will lose their money because they will be sent back.

20 Οκτ 2019 10:11

mitsotakis_brussels

ENGLISH EDITION

Mitsotakis: EU leaders adopted Greece's position on managing migration

Prime Minister Kyriakos Mitsotakis expressed satisfaction along with other EU leaders for the agreement reached with Britain over Brexit, at a press conference following the European Council summit on Friday. "There was satisfaction, relief and sadness, as most of the European countries did not wish this development," Mitsotakis said, but he expressed the hope that the British parliament ratifies the agreement.

19 Οκτ 2019 13:09

ENGLISH EDITION

Lamda Development adds new player in Hellinikon project

Lamda Development on Friday announced another important addition to the group formed ahead of the start of works in the Hellinikon project. Lamda said that the board of directors of the company resolved the sale of the total number of remaining own shares held by the company, to the company under the commercial name 'ORYMIL SA'.

18 Οκτ 2019 19:55

ENGLISH EDITION

Greece outpaces Europe on real estate investments

Commercial and residential real estate investments in Greece jumped by more than 120 percent in the first half of the year, the fastest growth rate seen across Europe, according to consultants Savills. The increase is mainly due to buying activity from listed real estate investment companies that spent some 320 million euros, versus 120 million euros in the same period a year earlier, on acquiring offices, hotels, and retail stores.

18 Οκτ 2019 10:20

ENGLISH EDITION

Germany's RWE eyes offshore wind parks in Greece

Germany energy group RWE has expressed an interest in developing offshore wind parks in Greece, more than a decade after its unsuccessful attempt to work with power company PPC on creating coal-powered units.In talks held in Athens earlier this week, RWE officials said they view the Greek market favorably as part of plans to expand in renewable power globally.

17 Οκτ 2019 14:24

ENGLISH EDITION

PM Mitsotakis in Brussels for EU Summit

Greece Prime Minister Kyriakos Mitsotakis is in Brussels, where he will take part in the European People's Party (EPP) Summit and afterwards attend the EU Summit. Mitsotakis intends to raise the migration issue and underline the need for the sharing of the burden among EU member-states.

17 Οκτ 2019 11:45

ENGLISH EDITION

Twin purpose hotels pick up in Athens

Investors are turning buildings into multi-purpose accommodation units in central Athens in a bid to get on top of sharply rising real estate prices. Hybrid, or multipurpose, hotels are becoming more popular in the Greek capital as the era of quick profits from short term property rentals is coming to an end.

16 Οκτ 2019 13:20

ENGLISH EDITION

FinMin Staikouras in Washington to attend IMF and World Bank meeting

Finance Minister Christos Staikouras is heading to Washington to attend the annual meeting of the International Monetary Fund (IMF) and the World Bank. On the sidelines of the meeting, the minister will meet with new IMF Managing Director Kristalina Georgieva, the next European Central Bank (ECB) President Christine Lagarde and the U.S. Under Secretary of State for Economic Growth, Energy, and the Environment, Keith Krach.

16 Οκτ 2019 12:20

ENGLISH EDITION

State calls on property owners to complete cadaster registrations by Oct. 31

From Tuesday through the weekend, 500,000 emails will be sent to owners who have been remiss in six regions of Greece. Authorities warned there will be no more extensions to the filing, which is part of a longtime effort by several governments to update the official land registry.

15 Οκτ 2019 23:35