Greece’s digital transition, which is set to absorb resources of 2.7 billion euros over the next five years, is leading to a flurry of mergers and acquisitions in the local industry comparable with a similar situation in Denmark some 10 years ago.


06.10.2021 / 04:00

Foreign investment funds discern significant investment prospects in Greece’s digital economy in terms of the further digitization of services and the property market.

23.09.2021 / 11:16

The carrier that was set up in September 2015 with share capital of 200,000 euros has a fleet of four Airbus A320 aircraft, but in those six years of operation it has failed to strengthen its financial report.

09.09.2021 / 11:21

In the first eight months of this year passenger traffic at Athens International Airport exceeded that of 2020, serving a total of 6.6 million passengers.

06.09.2021 / 04:00

A 35-million-euro investment in the industrial area of Kavala will include a unit for the production of 30 million liters of pure alcohol (ethanol) per year, using agricultural products such as corn and wheat.

30.08.2021 / 16:10

The Ministry of Development and Investments has released for public consultation a draft bill that aims to encourage investment through a series of incentives.

27.08.2021 / 21:45

The net benefit for Greece if it were to attract 100,000 digital nomads for a period of just six months is estimated at €1.6 billion, or the equivalent of 2.5 million tourist arrivals coming for a seven-day stay, according to a study released earlier this year by the MIT Enterprise Forum.

06.08.2021 / 04:44

OTE, Greece’s biggest telecoms operator, recorded significant growth in the second quarter compared to the same period last year, when results had suffered due to the pandemic.

20.07.2021 / 00:15

The creation of data centers in Greece and the networks that Greek and foreign companies develop highlight that this country is geographically apt to evolve into a fiber-optics hub.

19.07.2021 / 08:38

The cost of cellphone data has shown a remarkable decline over the last five years, heading in the opposite direction to the volume of data used in Greece, according to official figures by the National Telecommunications and Post Commission (EETT).

16.07.2021 / 14:24

Aegean Airlines has reverted to positive cash flows in the last few months, after burning between 18 and 20 million euros over the first quarter of this year and some €280 million in 2020.