Greece Holds Highest Unemployment Rate
Today, EU statistical firm Eurostat published a report that revealed Greece remains the highest member, regarding unemployment rates.
Bank of Cyprus Reports Profit
Bank of Cyprus will soon decide if it will advance to a share capital increase by the end of June, after the financial institution declared its first profit in seven quarters.
Greek Ministry of Education Offers Int'l Student Video Contest
The Greek Ministry of Education and the Educational Radiotelevision have created a video contest for youth titled, "Kalimera. One day in your city. Greece and you.", concerning learning the Greek language and living abroad.
Best Restaurants with Spectacular Views List Includes Strofi
Buzzfeed compiled a list of worldwide restaurants with the most spectacular views, and Athenian estiatorio Strofi made the list!
One-Third of Athens Shops Close
A census of all downtown Athens businesses on March 2014 found that out of 6,377 of businesses operating in downtown Athens, 1,986 are closed. That's 31.2%.
- Written by E.Tsiliopoulos
Cyprus Holds First Massive PRIDE Parade
Cyprus held its first gay PRIDE parade in Nicosia on Saturday, where thousands rallied for LGBT equal rights.
Figures Refute Government Success Story
Basic indicators and qualitative data show that Greece is still in the mire of economic stagnation, if not decline, refuting the government's success story.
- Written by E.Tsiliopoulos
June Heralds Privatization Rush
June is a month heralding a bevy of privatizations and concurrent investments, from which the government expects a lot to bolster the ailing economy.
- Written by E.Tsiliopoulos
Piraeus & Geniki Bank Announce Merger
On Friday night, Piraeus Bank announced its merger with Geniki Bank, which it already controls by 99.94%.
Tirana Cathedral Inaugurated
The new Orthodox Cathedral of Albania, dedicated to the Resurrection of Christ was inaugurated on Sunday, in the country's capital Tirana.
- Written by E.Tsiliopoulos
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- Written by E.Tsiliopoulos
- Written by E.Tsiliopoulos
- Written by E.Tsiliopoulos
Greek Manufacturing Begins Growth
Α survey by Markit financial information service shows signs of life in Greek factory activity.
ECB to Cut Interest Rates
ECB head, Mario Draghi, is expected this coming Thursday to reduce the rate at which commercial banks borrow from by 0.10% (from0.25% to 0.15%) in order to encourage business lending.
Port Profits Lure Investors
The revenue from the country's 12 largest ports reached 192 million euros in 2013, a little over the figure for 2013. Of these Piraeus generated 180 million euros. At the same time profits rose from 32.8 million to 40.9 million euros.
Alpha Bank Authorizes New Workers Union Agreement
Today, Alpha Bank's workers' union confirmed the authorization of a new two-year agreement, and a ratification of a new single organization for all bank employees.