Italy’s Enel is expected to finalize a deal by May for the sale of around a 50% stake in its Greek renewables unit to Australia-based Macquarie Group, two sources close to the matter said on Thursday.
The electronic supermarket basket is getting smaller and smaller, as price increases lead consumers to order fewer products, the same as what happens when they visit a physical store.
The City of Athens has been granted a 25-year lease on a historic building on the corner of downtown Stadiou and Santaroza streets that once housed Greece’s first National Printing Office, it was announced on Thursday.
Four issues mostly concern investors with regard to Greek banks, says Goldman Sachs in a report, while reiterating its positive attitude toward the sector’s prospects in view of the first-quarter results.
The government has taken significant steps to reduce the national debt, to attract investments and create new jobs, and to support households and the country needs to stay on that path, Prime Minister Kyriakos Mitsotakis told the Delphi Economic Forum on Friday.
The US confiscated Iranian oil on a tanker at sea in recent days in a sanctions enforcement operation, three sources said, and days later Iran seized another oil-laden tanker in retaliation, according to a maritime security firm. The vessel is managed by Greece-based Empire Navigation.
Greece’s Court of Audit has given the go-ahead for the construction of a new stadium for Athens soccer club Panathinaikos.
Greece has not yet obtained investment grade because, obviously, the elections are coming up, the director of the economic office of the prime minister, Alex Patelis, said at the Delphi Economic Forum this week.
Earlier this year, astronomers announced that a tiny world beyond Neptune with a diameter about one-third that of Earth’s moon possessed a Saturn-like ring that should not be there. It now turns out that there are two such “impossible” rings.
Piraeus Port Authority Chairman Zenggang Yu described last year as one of the most successful in the history of the port of Piraeus, speaking at the 8th Delphi Economic Forum on Friday.