Economic activity in Greece significantly recovered in 2021, as real GDP grew by 8.3%, marking one of the best performances in the euro area, according to the Bank of Greece' Financial Stability Review: May 2022.

Clarifications on the future of the energy sector have been announced by Intrakat.

Since the start of the COVID-19 pandemic, business leaders have been looking forward to a time when consumer behavior would return to some kind of normality. Just when it looked like we might be reaching that moment, the world has been plunged into yet more crisis.

Gnosis Investments and Selina announced the opening of the first Selina Hotel in Paros.

Alstom, global leader in smart and sustainable mobility, has signed a contract to supply 130 Coradia Stream High Capacity (HC) electric double-deck trains to Landesanstalt Schienenfahrzeuge Baden-Württemberg (SFBW) for the Baden-Württemberg network, in Germany.

An over-the-top modern mansion in Bel Air was listed for $87.8 million for an auction this week. But the highest bid came in just under $45.8 million, according to the home’s seller, dermatologist-turned-developer Alex Khadavi.

The new upgraded train carriages ETR 470 was launched to service the Thessaloniki - Athens route which will now have a total travel duration of 3 hours and 55 minutes.

ECE Real Estate Partners have successfully sold Haid-Center Linz to institutional investors in a 130 million EUR transaction.

"Yes" to sustainable real estate investments but with strict criteria such as the pre-lease agreement of the building, the bankers argued based on the strategy followed nowadays by the country's financial institutions.

Hines, the global real estate firm, announced that Hines European Property Partners (“HEPP” or the “fund”), its new diversified, open-ended core-plus fund focused on key European markets, has secured c. €800 million of equity commitments from investors at its first closing, less than three months after the fund’s launch.

HELLENIC PETROLEUM Holdings S.A. announced its 1Q22 consolidated financial results, with Adjusted EBITDA at €99m (+54%) and Adjusted Net Income at €4m.

Shares of two Greek companies were added to the MSCI Greece index as announced late last night.

The Executive Summary of the Financial Stability Review was posted on the Bank of Greece website. The Review is published twice a year by the Financial Stability Department.

Utilizing the right financing tools and development programs is expected to play a key role in the business world after the Covid-19 pandemic, according to an analysis by Nepa Economic Consulting.

Deka Immobilien has exchanged contracts to secure the purchase of a new building project in the Paris metropolitan region of Île-de-France for €160 million.