As expected, Fitch Ratings affirmed the ‘BBB’ credit rating for Greece last Friday, leaving no mark on proceedings at Monday’s bourse session at Athinon Avenue. Instead, it was a number of corporate moves anticipated that will likely leverage some foreign funds, benefitting the entire market, with energy stocks being at the heart of the action …
[InTime News] A clandestine soccer fan club that masqueraded as a cultural and historical society has been uncovered in central Greece and a man suspected of running it has been arrested, authorities said Monday. While fan clubs are not illegal they have to be formally registered. Instead, the club raided by the organized crime squad …
[Handout/Hellenic Police] Nearly a dozen people have been arrested for illegally hooking their homes up to the power grid and other alleged offences during raids on Roma camps west of Athens, police said Monday. Power network employees who accompanied police in Friday’s raids disconnected and removed a total eight kilometers of cables used for illegal …
File photo. European Union foreign ministers have expressed concern during the Foreign Affairs Council in Brussels over the discovery of a drone boat off the Greek island of Lefkada, according to Greek diplomatic sources. Foreign Minister George Gerapetritis briefed his counterparts on the incident, with several ministers requesting updates once the Greek investigation is completed …
[InTime News] Health Minister Adonis Georgiadis has condemned as fake a photo circulating online that allegedly depicts him in a “private moment,” warning that anyone claiming the image is authentic will face legal action. In two social media posts, Georgiadis said he believed the image had been generated using AI. “Whoever shares this photo and …
Blackstone will acquire Greek e-commerce platform Skroutz from CVC Capital Partners Fund VII, CVC has said. The deal values the Greek company, including debt, at about €635 million, a person familiar with the matter told Reuters. The transaction will see CVC doubling its initial investment in the e-commerce platform, the person added. Skroutz’s founders are …
[Yiannis Liakos/InTime News] Members of the public visiting the Athens court complex in Ambelokipi faced long queues Monday due to new security measures introduced after an elderly gunman was able to get in and shoot up the premises last month. Visitors must now negotiate airport-style x-ray scans to enter the complex, which led to people …
[Shutterstock] The lack of specialized technical personnel is one of the biggest problems facing Greek businesses. The new Technical Academy by the Federation of Hellenic Enterprises (SEV) aims to fill this gap. Its programs cover a wide range of high-demand specialties, such as industrial electrical engineering, energy and natural gas, welding, metallurgy, maintenance of electromechanical …
Greek corporate affairs professionals are not only concerned about the geopolitical unrest in the world and the regulatory uncertainty, as are their peers abroad, but also about domestic political uncertainty, having the experience of the decade-long crisis of the 2010s, a survey by About People researchers has found. The poll, presented on Thursday at the …
Visitors take part in an art workshop at the exhibition “Frida Kahlo: Beyond the Icon” immersive, with a combination of traditional exhibits, digital installations and virtual reality to immerse viewers in her life and works, at the Hellenic Cosmos cultural center in Athens, Sunday. [Louisa Gouliamaki/Reuters] Source link