BUSINESS

the-force-that-can-help-amazon-s-workers-amazon-s-shoppers
THE NEW YORK TIMES

As an inveterate Amazon shopper whose spending with the company soared to embarrassing heights during the pandemic, I have thought about the ethics behind those smiling boxes a whole lot recently. And I regret to say that my hottest take is irritatingly tepid: It’s complicated.


mytilineos-new-ppa-in-australia
BUSINESS

Mytilineos SA is strengthening the position of its Renewables and Storage Development (RSD) Business Unit in the international energy market by starting a cooperation in Australia with QEnergy (part of ION Holdings) for a power purchase agreement (PPA), the Greek group announced on Monday.

pandemic-year-deals-major-blow-to-aegean-turnover
AIR TRANSPORT

Aegean, Greece’s biggest airline, reported on Monday a 74% drop in turnover in the fourth quarter of 2020, with flights down 61% and passenger traffic sliding 77% because of the second lockdown.

white-dragon-set-for-takeoff
ENERGY TRANSITION

“White Dragon”, the Greek plan for the production of environmentally friendly hydrogen as fuel, aspires to secure financing from the European Union as an Important Project of Common European Interest in the context of the Hydrogen Europe program.


lamda-secures-funds-needed-for-elliniko
BUSINESS

Lamda Development has signed the necessary contracts to complete all transactions concerning the financing scheme for the Elliniko project’s first investment period, totaling 2.5 billion euros.

A woman wearing a protective mask walks by a shop on the first day of the re-opening of retail stores, amid the coronavirus disease (COVID-19) pandemic, in Athens, Greece, April 5, 2021. [Louiza Vradi/Reuters]
NEWS

As retail trade partially opened on Monday, targeted measures to the tune of 130 million euros in support to around 100,000 businesses that remain closed (excluding catering, which will be financed through the European Union’s National Strategic Reference Framework / ESPA) were announced by Finance Minister Christos Staikouras.

cyprus-kicks-off-new-registry-declaring-true-company-owners
NEWS

A new digital registry obliging Cyprus-based companies to declare their true owners puts the east Mediterranean island nation in line with European Union regulations against terror financing and organized crime, the country’s commerce and energy minister said on Tuesday.


grecotel-buys-five-hotels-on-mykonos-corfu
TOURISM

The Daskalantonakis-Grecotel group has announced the completion of its acquisition of five new hotel resorts on the islands of Mykonos and Corfu with a total of 1,800 beds for 61 million euros.

deree-offers-online-course-in-business-english
ECONOMY

Deree, the School of Graduate and Professional Education of the American College of Greece, will as of Tuesday be offering an online course on business English skills for professionals.



People wearing masks wait to enter a shop on the first day of the re-opening of retail stores, amid the coronavirus disease pandemic, in Athens, Monday. [Louiza Vradi/Reuters]
ECONOMY

Greece will provide more financial aid to businesses hit by coronavirus restrictions in April, the finance minister said on Monday, as shops reopened despite surging case numbers that have put health services under severe strain.


wolt-prepares-to-deliver-groceries-too
BUSINESS

Finnish startup Wolt is expanding into the Greek retail market through the Wolt Market service that came about a few months after the creation of its subsidiary, Wolt Market Greece.

restaurants-bars-to-get-e330-mln-boost
CORONAVIRUS

The government will provide €330 million in aid to restaurants, bars and cafés to buy enough supplies to cover the first two or three months after their reopening.