Short-Term rentals adjust in 2026 as booking windows shrink
A phase of adjustment is expected for the Greek short-term rental market in 2026, as international geopolitical uncertainty, inflationary pressures, and changes in travel behavior reshape bookings, wh ...
Ownership of Starbucks in Greece shifts to new operator
According to the announcement, the position of CEO was held by Yiannis Marinopoulos, who is set to return to the family business. The Starbucks network in Greece and Cyprus, which began operations in ...
GEK TERNA sees 56.3% profit growth as backlog surpasses €9B
GEK TERNA delivered strong financial performance in 2025, reporting significant growth across all key metrics.Strong Financial PerformanceThe Group’s consolidated revenues reached €3.855 billi ...
AVAX teams up with DYPA to enhance apprenticeship opportunities for youth
The Greek Public Employment Service (DYPA) and AVAX have announced a collaboration aimed at providing high-quality vocational training and apprenticeship opportunities for young people up to 29 years ...
United Group unveils 600km terrestrial cable linking Athens and Thessaloniki
The project was implemented by United Fiber, a subsidiary of the Group, and forms part of the company’s broader strategy to expand its regional fiber-optic network.The new cable spans a total of 6 ...
AI enters Greek digital tutoring: MoU signed by Ministry of Education and Microsoft
The memorandum initially provides for the integration of Artificial Intelligence (AI) into the Digital Tutoring Platform, through the creation of a free digital assistant for nationally examined forei ...
TotalEnergies, Masdar launch $2.2B renewable energy JV
The joint venture, in which both parties will hold equal stakes, will combine the existing onshore energy assets of the two companies into a single platform for the development, construction, ownershi ...
UPS announces voluntary exit program for thousands of drivers
The courier company announced that early retirement compensation offers will be limited to up to 7,500 drivers, as part of a settlement with the union, which had strongly opposed the company’s initial ...
Major infrastructure projects in Acharnes by the Attica Region
A major infrastructure investment exceeding €35 million is underway in the Municipality of Acharnes, led by the Region of Attica, focusing on flood protection, road upgrades, and urban renewal.At ...
New equilibria in property markets: insights into investor behavior
As highlighted in the 2025 report by the Governor of the Bank of Greece, interest from both buyers and investors remains active; however, the market appears to be entering a phase of more balanced gro ...
European expansion on hold for Miiro Hotels
According to the company’s CEO, Neena Gupta, speaking to Skift, no new openings are planned at least until the end of 2027, as management adopts a more cautious approach following the rapid expansion ...
Masoutis nears closure on AFOI Kontzoglou takeover
The transaction involves the acquisition of exclusive control by Masoutis S.A. and spans three key markets: wholesale supermarket sales, retail sales, and the provision of supply chain (logistics) ser ...
PHĀEA and Hotel Investment Partners enter strategic collaboration
Hotel Investment Partners (HIP) is a long-term institutional investor in the hospitality sector and one of the leading resort owners in Southern Europe, with capital sourced from Blackstone and GIC. I ...
Approved computational tool for building energy performance and classification
The platform, which utilizes the calculation engine of the TEE-KENAK software, has been positively evaluated and approved as a suitable computational tool for conducting the relevant assessments, foll ...
Political stability crucial for Greece’s economy, says Bank Governor Stournaras
As he emphasized, “In periods of heightened uncertainty, political stability is a decisive factor for economic resilience. The experience of recent years demonstrates that political stability and a pr ...