ENGLISH EDITION

ENGLISH EDITION

How Vitex got through the pandemic, increased revenues by 8%

Armodios Yannidis, vice president and CEO of Vitex, points out to Business Daily that although last year tourism suffered heavily the shift to "Do it yourself" and the opportunities for renovations provided by the pandemic were a strong counterweight to continue growth for Vitex.

20 Απρ 2021 07:48

ENGLISH EDITION

First half of tourism lost for Greece, change needed to economic model

Retsos made extensive reference to the fact that the pandemic brought the end to a previous tourism model, which paves the way for a holistic change of the model, in combination with the funds from the Recovery Fund.

17 Απρ 2021 09:45

ENGLISH EDITION

Thrace Group: How it became a European market leader on face masks

With its new investment and addition of the new high protection mask "FFP2 Thrace Series 902 Advanced", the group ranks among the leading producers in Europe.

16 Απρ 2021 07:49

ENGLISH EDITION

Banks: Why 41 billion euros of liquidity is tied up in bonds

Banks appear unwilling to take on new risks by using every aid, every weapon, in one direction only: the consolidation of balance sheets by drastically reducing non-performing loans.

15 Απρ 2021 08:14

ENGLISH EDITION

Aegean burns through three quarters of its capital in pandemic

The Aegean group entered the fiscal year 2020 with funds of 328.4 million euros, but during the year used 250.8 million euros, ending the year with capital of only 77.58 million euros.

14 Απρ 2021 07:48

ENGLISH EDITION

The next steps for Piraeus Bank's share capital hike

According to market estimates, the International Offer, given the strong interest that has already been expressed, can be closed in a few hours, and it is certain that it will be completed within a day. On the contrary, the Hellenic Offer will remain open for 2-3 days.

13 Απρ 2021 07:48

ENGLISH EDITION

Debate on Greek debt sustainability reopens

The pessimistic predictions by Paul Thomsen and the response from Greek and European officials. The new debt sustainability analysis by the Commission and the heavy burdens from the pandemic.

10 Απρ 2021 09:45

ENGLISH EDITION

3 major projects to reshape Athens real estate map

One of the most important changes is the renovation of the old PYRKAL factory in the area of Ymittos, which includes the transfer of ministries and the creation of a park of 80 acres, as announced by Prime Minister Kyriakos Mitsotakis a few days ago.

09 Απρ 2021 07:48

ENGLISH EDITION

National Bank lowers flag in Egypt; shuts 17-branch network

The bank’s decision to close its branches and terminate its presence in Egypt was a result of the unsuccessful attempts to sell NBG Egypt due to the lack of interest.

08 Απρ 2021 07:48

ENGLISH EDITION

Impact on Greek banks from pandemic to intensify in 2021 - cenbank

Banks will have to reconsider their credit risk forecasts, while the government is called upon to find a solution to reduce the deferred tax contribution on capital.

07 Απρ 2021 09:10

ENGLISH EDITION

Dismal performance by Greece in Venture Capital investments; second last in EU

In an international survey about venture capital funds, Greece ranked 31st among 32 countries in 2020, despite efforts to "warm up" investments in start-ups.

06 Απρ 2021 07:48

ENGLISH EDITION

Greece to further support tourism sector; restaurants to open after Easter

Finance Minister Christos Staikouras stressed that "we are expanding by as much as possible targeted restart measures in the sectors that really need even more support. We are planning some additional interventions. We are trying to find the relevant funds and when we are ready we will announce the moves."

03 Απρ 2021 11:55