The 2013 Kouros Award of Sir Stelios Hatzionnou went to the Innovative Greek Company Nanobionic. The CEO George Psipsikas and his brother Managing Director Ermis Psipsikas, accepted the business of the Year Award 2013 and a 50,000 euro check from Stelios Hatzioannou at the Athens Intercontinental last night which closed the evening with a standing ovation.

A study by the Bank of Greece (BoG) reveals that successive increases in indirect taxes and VAT (value added tax) during the three years of memorandum implementation have been fueling inflation.