The new natural gas power plant being developed by a joint company of Motor Oil and GEK Terna is expected to be put into trial operation in the summer, while its commercial operation is expected by early fall, Motor Oil sources said in the context of the general meeting of shareholders. The new unit has…
The US State Department on Thursday reacted to threats against Cyprus from the Lebanese militant group Hezbollah which warned the Mediterranean island that it could become a target if it allows Israel to use its territory in any conflict between the two sides.
Business mergers and acquisitions are a catalyst for the Greek economy.
Making the reduced VAT rate for taxis – from 24% to 13% – permanent, as announced by the National Economy and Finance Ministry, “proves the government’s willingness to actively support the sector of taxi drivers,” Infrastructure and Transport Minister Christos Staikouras said on Thursday.
Sklavenitis Cyprus has announced the integration of Papantoniou Supermarkets into its network.
Greek energy company Energean on Thursday announced an agreement to sell its portfolio in Egypt, Italy and Croatia to Carlyle International Energy Partners for a price of up to $945 million (880 million euros) and not less than $820 million (€763 million).
The Greek Foreign Ministry expressed its solidarity with the “brother people” of Cyprus in the wake of threats issued by Hezbollah on Wednesday against the island nation’s government.
Illegal boarding, or ticket dodging, remains ever present on Athens’ public transport, as there are currently only 38 inspectors for the entire Attica region.
The failure to properly manage waste is one of the Greek state’s many enduring shortcomings.