Greek inflation rate at 5.4% in March 2023 according to Eurostat

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19.04.2023

Inflation in Greece was 5.4% in March 2023 (from 6.5% in February) according to data published by the European Statistical Authority.

Pancreta Bank inks deal to acquire HSBC's operations in Greece

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19.04.2023

Pancreta Bank SA inks an in principle agreement with HSBC Continental Europe ("HSBC") to acquire the latter's operations in Greece.

The Arsakeio Lodge project to be launched shortly

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19.04.2023

The project of the Arsakeio Lodge in the center of Athens will be launched shortly after being freezed for almost three years.

New international tender announced for the Innovation Center in Athens

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19.04.2023

A new public international tender for the creation of the Innovation Center in Athens has been announced by the General Secretariat for Research and Innovation (GSIC) of the Ministry of Development and Investments.

London’s housing market figures spell out the misery the city is facing

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19.04.2023

Sales and construction completion levels for newly-built properties in London have plummeted to their lowest level in around a decade as buyers dry up for the capital, in the latest sign that the city’s housing market is in crisis.

Famous buildings worldwide that became embroiled in legal battles

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13.04.2023

Following the news that Tate Modern has lost its lengthy court battle against Neo Bankside residents over privacy, there can be found other buildings that became the subject of legal disputes as well according to dezeen.

Piraeus Bank becomes the first Greek systemic bank to freeze mortgage linked interest rates

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11.04.2023

Piraeus Bank, responding to the issue of the heavy burden on family income due to the rise in international interest rates and the broader inflationary pressures, is proceeding with the implementation of a new program to reward borrowers with current mortgages of variable interest rates, regardless duration and currency.

Construction entrepreneur Georgios Bombolas took his terminal breath aged 95

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11.04.2023

The engineer, entrepreneur and publisher Georgios Bombolas passed away at the age of 95.

Total weight of goods carried by road freight vehicles up 6.9% in 3Q2022

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07.04.2023

The Hellenic Statistical Authority announced the results of the road freight transport survey for the third quarter of 2022.

Fitch Ratings upgrades Mytilineos' IDR to BB+

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07.04.2023

Fitch Ratings has upgraded Mytilineos S.A.'s (MYTIL) Long-Term Issuer Default Rating (IDR) to 'BB+' from 'BB'. The Outlook is Stable.

Lamda's Experience Park in Ellinikon is adding on its sustainable standards

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07.04.2023

Firmly committed to the principles of sustainability that are at the heart of its strategy for the development of the new "green" city of Hellinikon, LAMDA Development is implementing one of the largest transplants ever made in Greece.

The biggest hurdles spotted in short-term rentals

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07.04.2023

Airbnb is the first and largest short-term rental platform.

Premia Properties announced doubled profitability from operations

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07.04.2023

PREMIA Properties ("PREMIA" or the "Company") announced its financial results for the year 2022. o Addition of twenty-three (23) properties, optimizing the structure and diversification of the Group's investment portfolio.

Greek hotels turnover has marginally jumped above 2019 levels in 2022

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07.04.2023

Greek hotels turnover has marginally jumped above 2019 levels according to the annual survey for the hotel industry in 2022, carried out by ITEP on behalf of the Hellenic Chamber of Hotels.

Eldorado Gold Closes €680M Project Financing Facility for the Development of Skouries

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06.04.2023

Eldorado Gold Corporation (“Eldorado” or the “Company”) and its wholly-owned subsidiary, Hellas Gold Single Member S.A. (“Hellas”), announced that Hellas has satisfied all necessary precedent conditions and has closed its previously announced €680 million project financing facility (the “Facility”) for the development of the Skouries Project in Northern Greece (“Skouries” or the “Project”).