Thomas Cook on brink of collapse as 180,000 risk being stranded
Thomas Cook (TCG.L) on Friday confirmed that it was seeking an extra £200m in funding in order to stave off a collapse of the travel operator —...
Greek News
Total, ExxonMobil, Repsol & ELPE in Crete and the Ionian Sea
Four bills ratifying a number of leases for the concession of exploration and exploitation of hydrocarbons in four maritime areas in Crete and the Ionian Sea were...
The government guarantees EUR 9 billion through a pillow for the banks
The Greek government is attempting to make use of the EUR 37 billion pillow to help banks try to reduce their “red” loans in their portfolios. The...
Greek bonds hit new historic low breaking the 1.4% threshold
Greek Finance Minister Christos Staikouras is in London today to speak to foreign investors in the framework of the 14th Annual Greek Roadshow of the Athens Stock...
Lamda Development takes over 100% the Hellinikon Project, in strategic move
Lamda Development is moving ahead with an extraordinary general meeting to raise its share capital to 650 million euros and take over the 100% the former airport at...
The 11 professions most in demand in Greece, according to SEV
The Hellenic Federation of Enterprises (SEV) released a report presenting the 11 professions it considers to have the highest prospects for full-time employment for job seekers under...
EU order for Apple to pay €13bn tax bill to Ireland “defies reality and common sense”
The European Union’s order for Apple to pay €13bn in back taxes to Ireland “defies reality and common sense”, the company said today as it and the...
Over a quarter million people visited the 84th TIF in Thessaloniki
Over 250,000 people passed the gates of the 84th TIF in Thessaloniki this year for the third consecutive year, according to official data released. The large attendance...
The US exports more oil than Saudi Arabia
The U.S. briefly became the world’s No. 1 oil exporter as record shale production found its way to global customers, and there are prospects for more....
China: De-Dollarization bid continues amid Trade War
As the trade war rages on, China’s de-dollarization bid continues. The trade war is taking a toll on the US and Chinese economies. China seems to...
TAP Pipeline: The land returns to its owners in Greece, Albania & Italy
The land reclamation process in Albania, Greece and Italy has already taken place or is currently nearing 97% of the total TAP gas pipeline route, according...
Greek teachers lowest paid in OECD member states
The new school year officially kicked off today, September 11, with thousands of teachers taking their posts in elementary, junior and senior high school across the country....
iPhone Share of Apple Sales Drops to 7-Year Low (infographic)
Today Apple will hold its annual launch event at its headquarters, where it will show off its newest iPhones and gadgets. The event has been held every...
Predicted Hard-Brexit Job Losses Across Europe (infographic)
A study by Leuven University in Belgium has predicted that the 1.2 million jobs will be lost across Europe in the case of a hard-Brexit. Unsurprisingly, the...
PM Mitsotakis tours 84th TIF Fair
Prime Minister Kyriakos Mitsotakis visited the opening day of the 84th Thessaloniki International Fair (TIF) on Saturday, where he toured the exhibition accompanied by TIF-Helexpo President Tassos...
Greece has the worst unemployment rate in EU28 for degree holders
Greece has the highest unemployment rate for university degree holders among the EU28 in 2018, according to a survey by the Development Policy Center of the General...
Greek 10-Y bonds reach record low at 1.53%
Greece’s 10-year bond yields reached a historic low at 1.53 percent on Thursday September 5, according to over-the-counter interbank yield quotes for this government bond maturity. The...
Cyprus: €2,5bn Russian loan repaid two years early
Cyprus has fully repaid a €2.5 billion loan from Russia, secured in 2011 by the previous administration, Finance Minister Harris Georgiades said on Monday. Georgiades announced the...
How long are Europeans predicted to work in their lifetime? (infographic)
Eurostat released an interesting forecast about how long a person can expect to be active in the European labour market during his or her life. The data,...
China files case against US Tariffs at WTO amid Trade War
The US Trade Representative stated on 27 August that it was increasing the rate of additional duties from 10 to 15 percent for those Chinese imports...