All the European investment, retail, real estate, office and industry news in English language

Wednesday | October 21 | 2020

Athens

A new border fence between Greece and Turkey will be erected by April 2021

A new border fence between Greece and Turkey will be erected by April next year to discourage migrants, Greek Prime Minister...

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The turnover of all Greek enterprises in the second quarter 2020 amounted to 58.987.931 thousand euro, recording a decrease of 25.1%...
During the six-month period from January to June 2020 compared to the corresponding period of 2019, a decrease of 80.1% was...
Greece started on Friday the bidding process for the sale of Hellenic Shipyards, the country's largest shipyard, the Greek Finance Ministry...
The average yearly household expenditure in 2019 in Greece amounted to 17,738.64 euro (1,478.22 per month), recording an increase of 2.5%,...
Aegean total number of flights operated fell by 82% in the second quarter (with a reduction of 95% and 92% for...

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15
million dollars, TileDB Series A for industry’s first universal data engine

Lidl to invest 350 million euros by 2023 in Greece

Lidl plans to invest 350 million euros in Greece by 2023 and the opening of 11 new stores, over half of...

Unemployment rate in Greece at 18.3% for June 2020

The unemployment rate in Greece in June 2020 was 18.3% compared to the downward revised 17.1% in June 2019 and to...

Alpha Bank launched a full online service for Greek companies

Alpha Bank is the first Greek bank to offer the possibility for companies to begin their banking relationship easily, quickly and...

VR Pilgrim changes the way we travel spiritually

VR360 Treasures has launched its first mobile application VR Pilgrim that takes virtual reality travel and...

The average price per hotel room in Athens crash under €100 per night

The average price per hotel room in Athens was €78.95 in January-July 2020, from €105.57 in...

Greek company InstaShop bought by Delivery Hero for €305 million

Delivery Hero announced that it has acquired InstaShop, a leading online grocery marketplace in the Middle East and North Africa.

The annual growth rate of total deposits in Greece increased to 7.7%

The annual growth rate of total deposits in Greece increased to 7.7% from 4.6% in the...

Greece: Travel receipts fell by 97.5% in June 2020

Travel receipts in June 2020 fell by 97.5% to €64 million, from €2,558 million in June...

Bulgartransgaz to participate in the Alexandroupolis LNG Terminal

The Greek company Gastrade SA announces the signing of the agreement for the acquisition of 20%...

HOFA’s contemporary art exhibition, ”XXI”, to open in Mykonos

HOFA Gallery announced the contemporary art exhibition, ”XXI”, will make its long-awaited arrival in Mykonos this...

Finacity arranges a EUR 200 million facility for Public Power Corporation

Finacity announces the closing of a trade receivables securitization program for Public Power Corporation, the largest...

Greece: Unemployment rate at 17.0% in May 2020

Unemployment rate in May 2020 was 17.0% compared to the downward revised 17.2% in May 2019 and to the upward revised...

OTE Group revenues down 3% in second quarter of 2020

The OTE Group’s consolidated revenues decreased by 3.0% in Q2’20 to €918.2mn. In Greece, revenues were...

Pizza Hut exit Greece and shut down all stores

Pizza Hut shut down all its 16 stores in Greece and 180 jobs were cut.

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SPAR Greece is continuing to increase its retail presence by partnering with independent retailers and opening more supermarkets under the SPAR Brand...
Fourlis Group announced that it will open an Ikea small shop, based on a new urban store concept, in the centre of...
Folli Follie Group announces that the bankruptcy application filed by two bondholders of the company and heard on 8 January 2020, was...
From 1 July, all entrants to Greece, regardless of nationality, must complete, at least 48 hours before travel, an electronic declaration on...
Pizza Hut shut down all its 16 stores in Greece and 180 jobs were cut. Greek news agency,...