Gastrade creates offshore unit that will supply Greece with LNG imports amid rising demand, says Managing Director, Konstantinos Spyropoulos.
Construction will officially start this week on the Alexandroupolis floating LNG terminal, which is due to become operational at the end of 2023. A new law is set to simplify RES ...
Economic sentiment reached record levels in January, while major inward investment deals confirm Greece’s attractiveness as a place to do business.
A record share capital raise by state-controlled utility PPC brought the company for €1.35 billion to boost its ambitious RES investment programme. The latest growth estimates for 2021 exceed 7%.
This week saw the official launch of Greece’s national recovery plan, dubbed “Greece 2.0”, which will channel funds totalling €57.5 from the EU Recovery & Resilience Facility and private investments into strategic ...
A slight improvement in economic sentiment and a rise in industrial production offer some cause for optimism despite the pandemic, while a boost in economic activity is expected from January ...
A ratings upgrade from Moody’s signalled the markets’ confidence in the long-term prospects of the Greek economy, however short-term growth looks increasingly elusive as the country enters a three-week ...
While a minimum of €3.5 billion worth of investments are required to meet Greece’s ambitious 2030 wind energy target, “they are realistic and can be achieved,” says Panagiotis Papastamatiou CEO of ...
The impact of the pandemic continues to filter through to the economy, however a major investment in cloud computing and an ambitious masterplan for the green transition hint at a ...
Greece’s new National Development Plan will be delivered by the end of September, says Minister of Development and Investments Adonis Georgiadis. Set to be a lever for the country’...
Energy Sector Powers Up
Growing infrastructure network is supporting improved growth prospects.
Investment Boom Follows Lull
Greece Investor Guide
A daily dose of news and trends about the Greek economy & highlights of business and investment opportunities.
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Greece’s Organisation for Economic Co-operation and Development (OECD) anticipates that Greece will end 2022 with 6.7% growth 📈, and estimates that recent efforts by the government will help to recover the country’s investment grade. In particular, the tourism sector’s recovery
In another major boost for Greece’s infrastructure, 2 railway projects 🚃 amounting to over €200 million are getting underway, signaling the development of key infrastructure upgrades to the country’s railway network. One of these projects is the Rhododafni - Rio project,
Greek start-up Blueground has had an excellent year, raising $180 million 💶 with $140 million from financing via a share capital increase from investment companies including WestCap, Geolo Capital, Prime Ventures and the Greek fund VentureFriends. The company has a presence
Greece’s cosmetics 💄 exports are set to break records, possibly reaching €500 million by the end of the year! According to data from ELSTAT, processed by the organization Enterprise Greece, Cyprus, the U.K., and France are believed to be key destinations in the coming 5 years.
Changes are on the way for Mykonos’ tourism industry 🏝️! The Greek state has announced plans to subsidise the creation of a 192-bed hotel developed by AGC Equity Partners, providing €6.6 million in the form of tax exemptions. The total amount of this project lands
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