Business

Optima Bank shares oversubscribed by more than 5 times!

The share capital of Optima Bank's public offer was oversubscribed 5.1 times, setting the final sale price of the bank’s…

16 hours ago

OPAP fined €24.5m by Hellenic Gaming Commission

The Hellenic Gaming Commission (HGC) has fined Greek gambling group OPAP €24.5m (£21.3m/$26.0m) for breaching elements of Greek law, ruling…

1 day ago

Financial Times: The devastating impact of Bad Weather Daniel on feta Production

The Financial Times describes the situation that has developed in Greece after the deadly storm Daniel, which hit Thessaly, focusing…

1 day ago

Moody's Upgrades Cyprus's Ratings by Two Notches to Baa2, Changes Outlook to Stable

Moody's Investors Service on Friday raised its ratings on the Government of Cyprus by two notches, to Baa2, and changed…

4 days ago

Greece's Piraeus port reports record turnover, profits

Greece's Piraeus Port Authority S.A. (PPA S.A.), which runs the country's largest port, posted record-high profits and turnover in the…

6 days ago

AB Vassilopoulos is opening its first supermarket in Mount Athos!

With an abundance of new private products in key categories, which have Delhaize Ahold Group brands, greater promotion of…

1 week ago

European inflation set to remain 'too high for too long: Central Bank chief

European Central Bank remains determined to reach inflation target of 2%, says governor Although inflation continues to drop, it is…

1 week ago

Greece auctioning 625 million euros in T-bills on Wednesday

The Public Debt Management Agency (PDMA) announced last Friday that on Wednesday it will auction 26-week treasury bills in book…

1 week ago

Cyprus Halloumi Cheese Exports Surge in Q1 2023, Accounting for 20% of Total Product Exports

In the first quarter of 2023, Cyprus experienced a remarkable surge in its halloumi cheese exports, with a significant share…

1 week ago

Zara's "Greek miracle"

The Inditex group of the Ortega family, which became synonymous with "fast fashion" and developed into a multi-billion global "empire"…

2 weeks ago

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