ENGLISH EDITION

ENGLISH EDITION

The challenge of returning 15 bln euros in cured debt to banks

According to bank executives, out of the 60 billion euros of NPLs that have been securitized by banks and sold (or will be sold in the near future) to debt receivables companies, about 10 - 15 billion euros can become sustainable and up-to-date, through substantial restructuring, paving the way for their return to banks.

14 Οκτ 2021 07:48

ENGLISH EDITION

Battle between OTE and PPC on optic network concerns government

Limited investments by OTE's competitors in optical fibers allowed OTE management to believe that it would prevail in the era of optical fibers.

13 Οκτ 2021 09:34

ENGLISH EDITION

Greece's internet slips again on global performance rankings

The average internet speed is 29.7 Mbps in Greece, the survey shows, adding that it takes 23 minutes to download a 5 GB movie. In Iceland, the same movie size can be downloaded in 3 minutes, while in Hungary and Spain it takes 6-7 minutes.

12 Οκτ 2021 08:39

ENGLISH EDITION

NetCompany acquires Intrasoft International for 235 million euros

The Danish company will pay cash of 166.8 million euros and will transfer 18 million euros of its shares with the transaction expected to be completed within the last quarter of the year after the necessary approvals have been granted. 

09 Οκτ 2021 11:18

ENGLISH EDITION

Eurobank CEO: Greece to see the strongest growth since the sixties

The head of Eurobank underlined the very positive climate for the economy, the consolidation of the banks and the large amount of available funds for investments.

08 Οκτ 2021 07:48

ENGLISH EDITION

ElvalHalcor plans 100 mln euros of investments to boost global presence

New investments will further upgrade the production capacity of the plant in Oinofyta from 350,000 tons per year - or about a 1,000 tons per day - to 520,000 tons by 2023. All these moves are made at a time when demand for specialized aluminum products is growing at a galloping pace worldwide as aluminum emerges as the metal of the future.

07 Οκτ 2021 07:51

ENGLISH EDITION

French deal to boost Greek defense industry by up to 2.5 billion euros

Based on the information available so far, the French programs cost: 3.5 billion euros for the Rafale plus 5 billion for the Belharra, making a total of 8.5 billion euros.

06 Οκτ 2021 07:51

ENGLISH EDITION

2022 budget: Greek economy seen returning to 2019 levels

According to the draft budget report, a key factor in boosting economic activity in 2022 will be the Greek Recovery plan, with spending from the fund forecast to exceed 5 billion euros per year by the end of the implementation period.

05 Οκτ 2021 07:51

ENGLISH EDITION

The Greek Freak's energy drink coming to Greece before the end of 2021

The Love Company Hellas has undertaken the exclusive distribution of the product in Greece and Europe of Ready Nutrition products that features Giannis Antitokoumbo.

04 Οκτ 2021 07:51

ENGLISH EDITION

Greece's population has declined by up to half a million since 2011

The four regional units with a significant increase (greater than 6 pct) were all islands with reception centres for refugees and migrants (Dodecanese islands, Chios, Lesvos and Samos).

03 Οκτ 2021 12:06

ENGLISH EDITION

Greece-France strategic defense collaboration agreement tabled in parliament

On Friday, Greece and France have informed the Committee of Permanent Representatives about the signing of their partnership agreement in the field of security and defence, and according to a European diplomatic source that it will make the further contribution to European defence and Euro-Atlantic security possible.

02 Οκτ 2021 11:40

ENGLISH EDITION

New French player eyeing Greece’s fiber optic networks

Infravia, which has a stake in fiber optics infrastructure, data centers and other high technology companies in Europe, is interested in developing a Fiber to the Home (FTTH) network that will provide wholesale services to providers.

01 Οκτ 2021 07:51