ATHEX, the Greek bourse index, expands over 2.3 pct this week despite Friday’s drop

The Greek bourse index came off a four-month high on Friday as traders cashed in some of this week’s gains, European stock markets appeared reserved and Greek bond yields continued their ascent to top 1.50...

14/11/2019

Eurobank sells property portfolios

Eurobank said on Thursday it was selling two real estate portfolios worth a combined 84 million euros to Brook Lane Capital and plans to put a third portfolio up for sale. Eurobank, which is 2.4...

13/11/2019

Making Piraeus Europe’s biggest port

Chinese shipping giant Cosco is about to start a dialogue with the Greek government on the terms and conditions that will allow for its investment master plan for Piraeus port to expand from the currently...

13/11/2019

Interest from abroad in local properties has grown 25 pct

Demand for properties from potential foreign buyers has this year soared 25 percent compared to 2018, according to an analysis by property ad website Spitogatos. The driving force behind this flurry of investments in the...

11/11/2019

Prime Minister Kyriakos Mitsotakis to Chinese President Xi Jinping: Visit inaugurating new era in Greek-Chinese relations

Prime Minister Kyriakos Mitsotakis on Monday welcomed Chinese President Xi Jinping to Greece, expressing hope that the official visit will lead to wider cooperation between the two countries. “My recent visit to Shanghai and yours...

11/11/2019

China, Greece agree to push ahead with COSCO’s Piraeus Port investment

China and Greece agreed on Monday to push ahead with a 600 million euros investment by COSCO Shipping into Greece’s largest port, Piraeus, as part of efforts to boost its role as a hub in...

10/11/2019

China’s president Xi Jinping eyes deeper cooperation on occasion of visit to Greece

Chinese President Xi Jinping, the most important leader on the planet right now, has arrived in Athens on a two-day official visit. President Xi was met at the Athens Airport by Foreign Minister Nikos Dendias....

05/11/2019

IGI Poseidon signs MoU on Israeli gas pipeline

Israel Natural Gas Lines (INGL) is looking at building a natural gas pipeline to Europe under a memorandum of understanding signed with IGI Poseidon, it said on Tuesday.

25/10/2019

Strong interest expected for AIA’s 30 percent stake

State sell-off fund TAIPED is expecting very strong investor interest in the sale of a 30 percent stake in Athens International Airport. More than five bidders are seen tabling non-binding offers by next Tuesday’s deadline,...

25/10/2019

IOBE sees Greek 2019 growth at 1.8 percent, picking up next year

Greece’s economy will expand by up to 1.8 percent this year and pick up next year, stimulated by exports and investment, the country’s influential think-tank IOBE said on Thursday, sticking to its previous forecast. The...