Apartments in central Europe are among the least profitable investments, while the Mediterranean is at the top of preferences. According to ProfitLevel research, Athens is the second best market in Europe for real estate investment. Specifically, in the Greek capital, it takes 17.6 years for a return on investment in an apartment bought for rent […]
Tag: investments
Greek banks cancel interest on deposit accounts
The leaders of the four largest Greek banks are ready to press the button to cancel interest on all deposit products: demand, savings and current accounts. Raising negative interest rates in Europe today, even during 2022, could be a possible scenario due to inflationary pressures. However, it will probably take some time until we see […]
Record investment in Greek startups in 2021
In 2021, startups raised € 500 million in capital from Greek and foreign investors. This is almost three times more than last year (150 million euros) and ten times more than 4-5 years ago (50 million euros). Although acquisitions of Greek startups declined slightly in 2021 compared to last year, the gradual development of the […]
Amazon is now in Greece
According to Amazon on Twitter, “new local zones” will open in more than 30 major cities around the world, including Athens. The message emphasizes that “local zones, strategically located in large metropolitan areas, allow end users to immediately launch popular programs.” “We will be launching over 30 new Amazon Web Services (AWS) on-premises zones in […]
Pfizer Announces Investment in Digital Innovation and Business Services in Thessaloniki
Prime Minister Kyriakos Mitsotakis and Pfizer CEO Albert Burla opened two companies owned by the infamous Pfizer in Thessaloniki on Tuesday. These are the Global Center for Digital Innovation and the Global Center for Business Operations and Services. The investment from an international pharmaceutical corporation, fabulously wealthy from the coronavirus, will amount to 650 million […]
Greek companies are in no hurry to invest in development
According to Grant Thornton’s annual survey, Greek businessmen are reluctant to undertake any investment initiatives in the near future, despite the funding opportunities created by the recovery fund and the improved business sentiment. 6 out of 10 corporations in Greece say they do not intend to make any investments in new facilities, engineering equipment or […]
WHO report "Mental Health Atlas" against the backdrop of a pandemic
The World Health Organization has recognized the mental health situation in the world as a “global failure”. WHO considers government efforts to develop mental health services to be completely inadequate and calls for increased investment in this area, according to a report from the Atlas of Mental Health. Research by WHO experts has shown conclusively […]
Why did the forest in Varibobi catch fire?
When a fire breaks out with multiple concurrent fires, do a Google search for the area name and write “investment” next to it — the puzzle has been solved. An article in in.gr half a year ago: “The former royal estates in Tatoy serve as a magnet for attracting investment in the wider area of […]
Bitcoin fell to $ 29.2 thousand, depositors lost hundreds of billions, but immediately returned them back
Bitcoin fell below $ 29.2k on Monday for the first time since June 22, causing hundreds of billions of dollars in damage to cryptocurrency investors. Bitcoin dropped more than 6% on July 20, Ethereum fell almost 9%, and XRP fell almost 10%, according to CoinDesk data. On June 21, the value of the asset dropped […]