Greek News
Greeks vs. Chinese – Who is winning in the ‘battle’ of ship ownership?
Greek shipowners are second to none in the area of second-hand ship purchases, leaving their Chinese competitors behind in the race, with 2021 proving to be the best...
Turkish Lira: New negative record – Reaches “10 to $1” due to Inflation
The Turkish pound almost hit the level of 10 per dollar, setting another negative record as – higher than expected – US inflation data intensified concerns about...
Lira’s slump leaves Turks searching for hard-to-find medicines
Turkish patients are finding it increasingly difficult to access key drugs, with producers blaming the shortages on an inflexible pricing system for medicines that exposes them to...
PM Mitsotakis tells Forbes economic growth in Greece could exceed 6.1% in 2021
Prime Minister Kyriakos Mitsotakis said economic growth in Greece could exceed 6.1% in 2021, speaking via teleconference with Forbes Media President Steve Forbes. The video of the...
U.S Embassy in Greece – Global Entrepreneurship Week (GEW)
From November 8-14, 2021, the U.S. Embassy in Athens will commemorate Global Entrepreneurship Week (GEW) by showcasing activities in support of entrepreneurship, innovation, and economic growth throughout Greece. Supporting...
Bank of America revises Greek economy growth to 8.6% from 5.6%
American investment house Bank of America is revising its valuation upwards for the Greek economy. On the occasion of last week’s data for the third quarter GDP and...
Mitsotakis: “Halki is becoming an international model of green growth and circular economy” (video)
“From today, Halki and the Dodecanese will be places of dynamic investments in the energy sector. Halki is becoming an international model of green growth and circular...
Greece signals climate law ready for approval
Greece is ready to approve the country’s first climate law this week to help meet targets of reducing harmful emissions by 55% by 2030 and climate...
Greek shipping ‘giant’ Tsakos to invest 500 mln euros in Greece in solar park project
The Tsakos family is making an impressive opening in the field of Renewable Energy Sources (RES) in Greece, as it plans to invest an estimated half a...
Mitsotakis – Mohammed bin Salman meeting: “We have 5 billion euros for you. Where do you want us to invest them?”
The Saudi leadership is ready to launch a big investment plan in Greece, according to what the Crown Prince Mohammed bin Salman pledged during the meeting he...
Brexit: European Fishing’s Dependence on British Waters (infographic)
Nearly a year after the conclusion of the trade agreement between the European Union and the United Kingdom, the issue of fishing remains a major source of...
Tesla Joins the Trillion-Dollar Club (infographic)
While the car manufacturer’s market capitalization has been edging closer towards the $1 trillion mark for some time, it took an unprecedented order of 100,000 Tesla cars...
Meta’s Oculus Leads Virtual Reality Headset Shipments (infographic)
It is the virtual reality product that will supposedly transform Facebook into the Meta(verse). Meta Inc., then called Facebook Inc., began its venture into virtual reality in...
Where Paying Bills Is A “Future Me” Problem (infographic)
While short- and long-term credit dealings are as old as human civilization and credit cards as we know them have been around since the 1950s, fintech firms...
Turkey’s currency reels under economic pressure
Turkey’s currency on Thursday plumbed record lows as Ankara reeled from the twin blows of being placed on a terrorism financing and anti-money laundering watch list and...
It turns out the world still needs coal – Analysis
Readers may remember President Biden ran on shutting down coal mining as part of his overall campaign against fossil fuels. And as President, Biden has called for a transition away...
Inflation Woes Plague Developed Nations (infographic)
Strong economic recovery following the lockdown era of the coronavirus pandemic has caused the price of goods and services to rise since the start of 2021 in...
Greece sold the most (36.% rise) cars in the EU in the first 9-month-period
New car sales in the European Union in the first 9 months have so far managed to maintain the positive sign, but it seems that things will...
Mitsotakis: Pfizer’s investment in Thessaloniki is a historic moment for the country (video)
The Prime Minister, Kyriakos Mitsotakis, was in Thessaloniki where he attended the inauguration of the new facilities of the global Center for Digital Innovation and the global...
Turkish Lira falls to historic low
The Turkish lira plummeted to a historic low against the US dollar today amid concerns over the credibility of monetary policy and the strengthening dollar. The exchange...