Thessaloniki bus drivers join action with Thursday walkout
Bus drivers in the northern port city of Thessaloniki will be walking off the job for five hours on Thursday, in action similar to their Athens colleagues.
Clouds are gathering over Elliniko
Material price hikes, a sharp increase in borrowing costs and Lamda’s own teething problems, as it strives to strengthen its structures and staff, are some of the challenges the management has recently faced.
Prime minister reaffirms strategic relationship
Greece’s strategic relationship with the United Arab Emirates was the main subject of a meeting between Prime Minister Kyriakos Mitsotakis and UAE Foreign Minister Sheikh Abdullah bin Zayed Al Nahyan during a visit by the latter to Athens on Monday.
Donohoe in Athens, meeting with Mitsotakis and Staikouras
Eurogroup President Paschal Donohoe, Ireland’s minister for public expenditure, national development plan delivery and reform, is due to participate in a conference on the Greek economy titled “Resilience, Progress, Perspective” in Athens on Tuesday.
TBI profits post 29% increase in 2022
TBI Bank on Monday reported net profits of 35.5 million euros in 2022, up 29% from the previous year.
Germany wants more chipmakers, but they won’t come cheap
Intel, the Silicon Valley chipmaking giant, paved the way last year when it picked the eastern German city of Magdeburg as the site for its first semiconductor factory in Europe, pledging to invest 17 billion euros (about $18.3 billion) — provided that Berlin throw in nearly 7 billion euros in subsidies.
Cyprus sees more tourism cash in January
Revenue from tourism in Cyprus amounted to €45.6 million euros in January 2023, significantly surpassing the revenue from tourism in January last year, as well as in January 2019, a record year for Cypriot tourism.
BC Partners acquires Metropolitan College
BC Partners on Monday announced the signing of an agreement to acquire the majority equity stake in Metropolitan College and IEK AKMI, two top education centers in Greece, for an undisclosed sum.
Fresh incident of teen violence reported
In the latest incident of teen bullying, two boys aged 15 and 14 were arrested over the weekend and taken to a local police precinct for abusing two other minors, aged 14 and 12, in the northern suburb of Kifissia.
ATHEX: Stock market posts fourth day of growth
Energy and bank stocks led the Greek stock market to its fourth consecutive session of price growth on Monday, albeit on a relatively low turnover.