ENGLISH EDITION

ENGLISH EDITION

Management consultants more optimistic over economic trends

Greek management consultants are more optimistic over the course of the Greek economy in the next 12 months, Hellenic Association of Management Consultants (SESMA) said in its barometer for the third quarter of 2019, as the report said that the GRe+1 general index rose to 54.2 pct from 41.3 pct in the previous quarter and compared with a 14.7 pct reading recorded in the third quarter of 2018.

15 Οκτ 2019 19:40

ENGLISH EDITION

Long term players replace speculators in Greek real estate

The profile of foreign investors buying property in Greece has changed with a growing number of long term players taking the position of speculators. This indicates that the recovery of the country's property sector is picking up, attracting investors with a steady position in the market rather than those looking for a quick gain, who often artificially inflate prices.

15 Οκτ 2019 10:28

ENGLISH EDITION

PM Mitsotakis meets with Deutsche Telekom, Enel Green Power over investments

Prime Minister Kyriakos Mitsotakis held separate meetings at his office on Monday with representatives of leading companies in telecoms and energy interested in investing further in Greece.

14 Οκτ 2019 20:42

ENGLISH EDITION

Alpha Bank announces agreement with doValue

Alpha Bank announces that, following an international competitive bidding process, it has entered into a multi-year agreement with doValue S.p.A. (“doValue Group” or “doValue”) for the servicing of a portfolio originated in Cyprus and comprising Non-Performing Exposures (NPEs) and Real Estate Owned (REO) assets, with a Gross Book Value of approximately Euro 3.2 billion.

14 Οκτ 2019 20:20

ENGLISH EDITION

Dendias welcomes EU Foreign Council's condemnation of Turkey's 'illegal activities'

"The EU spoke consistently and clearly, citing in a single voice shared European values and international law," Dendias said, referring to the Council's condemnation of what it called Turkey's "illegal activities", including drilling for hydrocarbons in Cyprus' EEZ, the bombing of NE Syria, its stance on migration, and other issues.

14 Οκτ 2019 20:11

ENGLISH EDITION

Government to retain lower VAT in 2020 for islands coping with migration flows

According to an announcement from the minister's office, Mitarakis agreed with the need to support island entrepreneurship and Greek products and the urgent need for state support to the islands, such as Chios, that had faced serious challenges due to the refugee-migration crisis in recent years.

14 Οκτ 2019 18:16

ENGLISH EDITION

Greek bankers cautious on Hercules plan; ECB stance crucial

Bank officials remain cautious about a plan Greece is working on aimed at reducing bad loans held by lenders that was approved by the European Commission last week. Although the scheme, called Hercules, was given the green light in Brussels just a few days ago, some in the industry are already talking about the need for a Hercules II plan, citing concerns about the initial proposal's ability to solve the bad loan problem faced by the financial system.

14 Οκτ 2019 10:37

Psaria

ENGLISH EDITION

Alien fish species from Red Sea the focus of study in Aegean

Greek scientists have launched an attempt to record the numbers of alien species of fish from the Red Sea that have "invaded" the Aegean, especially in the north, and to assess their impact on the environment - as well as on humans, given that some are toxic and dangerous.

14 Οκτ 2019 08:27

ENGLISH EDITION

Police bust drug-dealing operation in empty central Athens building

Police on Saturday announced the bust of a 24-hour "drugs supermarket" supplying all kinds of drugs and operating out of an empty building near the Athens University of Economics and Business, on Antoniadou Street.

13 Οκτ 2019 12:19

ENGLISH EDITION

Greek stocks end 1.99 pct higher - The general index at 855.95 points.

Greek stocks ended sharply higher in the last trading session of the week in the Athens Stock Exchange on Friday, amid a positive climate prevailing in international markets on investor optimism over a positive outcome in a trade dispute between US and China.

12 Οκτ 2019 13:24

ENGLISH EDITION

Parliament's Budget Office report: 2020 draft budget compatible with fiscal goals, uncertairties remain

The 2020 draft budget plan tabled in Parliament by the Greek government is compatible with achieving the fiscal goal for a primary surplus, the Parliament's Budget Office said in a report on Friday. However, the report noted there were uncertainties related with the room to save operating spending, the efficiency of incentives for e-transactions and the height of the growth rate.

11 Οκτ 2019 20:44

ENGLISH EDITION

Lamda to offer low prices on 10,000 Hellinikon apartments

Speaking to shareholders at an extraordinary general assembly on Thursday, Lamda boss Odysseas Athanasiou presented the company's investment plan for the 10,000 apartments that will be built in the seaside complex. Prices for most of the apartments will sell for around 3,500 euros to 4,000 euros per square meter.

11 Οκτ 2019 12:17