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Moody’s upgrades Greece- Greece sells bonds at negative yield for the first time

By |2020-11-08T11:36:37+03:00November 8th, 2020|Greek Business File|

From B1 to Ba3: Moody's Investors Service upgraded its credit rating for Greece with a steady outlook. The ratings agency stated the following reasons for its decision: - Ongoing reforms that support the sustainable improvement of institutions and have already presented tangible progress in areas such as tax administration, tax compliance and the fight against [...]

Greece enters national lockdown for the second time- What are the new rules

By |2020-11-07T10:26:50+03:00November 7th, 2020|Greek Business File|

On Saturday, 7th of November, Greece has entered its second national lockdown. The decision was taken after a spike in new coronavirus cases and the increasing number of hospitalized COVID- 19 patients. The total number of confirmed coronavirus cases has surpassed 50.000 with more than 700 deaths. “We need to stop this wave” Kyriakos Mitsotakis, [...]

N. Bernitsas: «I see a grid more favorable for investment»

By |2020-11-05T15:16:24+03:00November 5th, 2020|Greek Business File|

Greek Business File, September-October 2020, No 127 Interview by Antonis D. Papagiannidis N. Bernitsas: «I see a grid more favorable for investment» Notis Bernitsas appears optimistic about the course of the Greek economy. In an interview with Economics, he claims that the Mitsotakis government, in its first year, has shown a collective commitment to promote investment [...]

The birth of an idea

By |2020-10-29T17:38:38+03:00October 29th, 2020|Greek Business File|

Greek Business File, September-October 2020, No 127 by Themistocles Vokos The birth of an idea An emblematic event for the shipping community, Posidonia, proved to be a victim of the Covid-19 pandemic. Originally planned for June, Posidonia 2020 were postponed to October and then cancelled, for the first time in their long history that tried [...]

Troubled waters. Can the Greek Merchant Marine react symbolically to Turkish revisionism?

By |2020-10-23T12:18:05+03:00October 23rd, 2020|Greek Business File|

Greek Business File, September-October 2020, No 127 Geopolitics by George Prevelakis   Troubled waters. Can the Greek Merchant Marine react symbolically to Turkish revisionism? Greece has gone through a severe economic crisis during the 2010s. Currently, apart from the Covid-19 challenge, Greece faces a serious threat by her neighbouring Turkey who employs various means and [...]

Expand the private sector, support sustainable infrastructure, enhance the financial sector: EBRD ‘s new goals for Greece.

By |2020-11-30T11:59:42+03:00October 23rd, 2020|Greek Business File|

The Board of Directors of the European Bank for Reconstruction and Development (EBRD) has approved a new strategy for Greece, which will guide the Bank’s investment and policy engagement in the country during the next five years. The EBRD’s work will include measures in response to the ongoing coronavirus crisis and efforts to support economic recovery. In [...]

GREEKS ARE BACK: The forces of Hellenism are called up again

By |2020-10-20T10:24:19+03:00October 20th, 2020|Events, Greek Business File|

On October 21, Greek senior executives of large multinational companies from various parts of the world will gather in Athens. The first Conference of the "GREEKS ARE BACK" initiative will take place. "GREEKS ARE BACK" seeks to revive history. Just like Greeks abroad had a strong presence in the struggle for Greek independence, 200 years [...]

Taking advantage of strange capitalism

By |2020-10-19T17:16:52+03:00October 19th, 2020|Greek Business File|

Greek Business File, September-October 2020, No 127 Comment by Nick Papandreou   Taking advantage of strange capitalism Even the most isolated human on the planet knows we are living in unusual times. What seems surprising is the incredible robustness of the stock market and the continued growth of the indices. The US market grew by [...]

To hold and to keep away: Greece builds new fence on border with Turkey

By |2020-10-19T13:51:09+03:00October 19th, 2020|Greek Business File|

40 kilometers long, five meters high, made of steel and barbed wire, equipped with eight observatories. Construction of the new fence on the Greek northeastern border with Turkey, in the Evros Prefecture, has begun. It is expected to be completed by April, 2021. Greece is reinforcing border control along the Evros river to halt huge waves of migrants and refugees entering the country. The first part [...]

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