Fitch revises Greece’s credit outlook to positive
Credit ratings company Fitch has revised Greece’s outlook to positive from stable, although it kept the country’s rating at BB, two levels below investment grade.
W Costa Navarino to open this summer
W Hotels Worldwide is entering the Greek market with the first W hotel being created at the Costa Navarino complex, according to a joint announcement by Marriott International Inc and TEMES SA.
Cypriot battle with money laundering
Cyprus has made some progress in combating money laundering and terrorist financing by partially complying with recommendations set out by the Financial Action Task Force (FATF), according to a report by the Committee of Experts on the Evaluation of Anti-Money Laundering Measures and the Financing of Terrorism (MONEYVAL).
A helping hand for the homeless
Members of the Greek Red Cross hand out food and blankets to homeless people in Piraeus, south of the capital, amid a cold snap, Thursday.
False prophets
A week has passed since pupils returned to classes but the noisy scaremongering against the decision to open schools following the winter break has yet to dissipate.
Mild quake rattles Lakonia and Messinia
A mild tremor shook areas of Lakonia and Messinia in the Peloponnese in southern Greece on Friday at 7.40 p.m.
Future global center of Pontian Hellenism unveiled
A global center for Pontian Hellenism, to be built on the site of the former airport at Elliniko, southern Athens, was unveiled this week at an event in the Greek capital held at the Mikis Theodorakis Cultural and Conference Center.
ATHEX: Stocks gains of 4.73% in past week
The Greek stock market’s rising sequence in recent days came to a predictable end on Friday, though the profit-taking, which had been expected, was particularly mild and appeared to end about halfway through the session, as the benchmark recovered about half of its earlier losses.
Sifting through taxpayer data
The tax administration is asking commercial lenders to supply it with additional data on bank accounts, taxpayers’ loans, interest paid and dividends distributed by the end of February.
German-Greek cooperation agreements signed
The German-Greek Chamber of Commerce and Industry in Athens and the Athens Chamber of Manufacturing (BEA) signed on Wednesday a memorandum of cooperation for joint initiatives and actions in favor of small and medium-sized enterprises.