HIG Capital invests in another storage center, in northern Greece
Investment firm HIG Capital is creating one of the largest logistics groups in Southeast Europe.
Greens beat Efes, as Reds go down at Barcelona
Panathinaikos defeated Anadolu Efes in Athens on Tuesday to stay joint fourth in the Euroleague, while Olympiakos suffered a road loss at Barcelona on Wednesday.
Government accuses multinationals of ‘greedflation,’ expands price controls to baby formula
Greece’s center-right government announced price controls on baby formula Wednesday, accusing multinational suppliers of imposing unjustifiably high prices on the country’s consumers.
USA, Greece and Turkey: Interdependent relationships
Developments in relations between Greece and Turkey, between Greece and the United States, and between the United States and Turkey show how interdependent they all are.
Rise expected in deposit rates
US investment bank Jefferies predicts a further increase in interest rates on time deposits in Greece for 2024, favoring a shift from ordinary savings accounts to time deposits.
ATHEX: Rise goes on with banks leading way
The fifth consecutive session of gains for the benchmark at Athinon Avenue took it to yet another five-month high on Wednesday.
Mitsotakis optimistic on F-35 approval and tackling soaring prices
“We are not close to going to The Hague, but we are certainly not as far as we were a year ago,” says Prime Minister Kyriakos Mitsotakis on relations with Turkey in an interview on Wednesday on state-run broadcaster ERT. Among other topics, Mitsotakis discussed foreign policy and combating soaring prices.
Government unveils bill on minimum tax rate for multinationals
The Greek government on Tuesday presented a draft law to integrate a European directive on implementing a minimum tax rate on mutinational enterprises and large-scale domestic groups which could lead to a supplementary tax of up to 15% on profits.
Illegal construction and climate crisis
The climate crisis has shown how criminal illegal and anarchic construction has been for Greece.
Drop in both exports and imports
Greek exports fell 12.2% in November, on a decline of 7.5% in the 11 months from January to November 2023, though their value exceeded 47 billion euros, the second-highest ever recorded.