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Grivalia Hospitality agreed to acquire 80% of Nafsika SA, lessee of Asteria Glyfadas Grivalia Hospitality has undertaken to repay 12.3m of existing obligations to a private lender, while an agreement for the deposit into custody of 80% of Nafsika S.A. shares in favour of Grivalia Hospitality was also concluded.

Government announces relief measures for those affected by wildfires

The government will compensate homeowners and owners of production units whose houses or property has been damaged or destroyed by the wildfires raging around the country, a cabinet meeting chaired by Alexis Tsipras decided.

Top court issues temporary freezing order for Enel Hellas wind farm project in Evia

The ministry has approved the companys environmental conditions for the wind farms in question, as well as the environmental conditions for their construction and operation.
DEUTSCHE WELLE

Eurozone growth smashes forecasts

Eurozone growth smashes forecastsThe economies of the 19 countries sharing the euro currency expanded by more than previously forecast, as a slew of positive data suggest that the recovery in the bloc is well on track.
USA

Trump attracts criticism after again blaming "both sides" for Charlottesville violence

Trump attracts criticism after again blaming "both sides" for Charlottesville violenceUS President Donald Trump has reverted to blaming "both sides" for the deadly violence last weekend in Charlottesville, Virginia. Politicians from both parties in the US were quick to react, rejecting Trumps position.
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Aegean Airlines and Gulf Air announce partnership

ir travelers can now codeshare on flights from Bahrain, via Athens.

A total of fifty five wildfires reported in the last 24h in Greece

A fire in eastern Attica and particularly between Kalamos and Microhori. 72 fire engines with a 180-member crew, 58 firemen on foot, 100 soldiers assisted by three Canadairs and six water dropping helicopters.

Eastern Attica wildfire manageable

Fire brigade said that only small fires continue burning on its perimetre.

Attica Group to buy 50.3% in Hellenic Sea Ways for EUR 30.6mn

The transaction is pending regulatory approvals.

Regling: Greece can become a success story

ESMs chief said in an op-ed to a German newapaper.
ΤΟURISM
Passenger arrivals in Fraport-run Greek airports jump 14.1 pct in year-to-date

Passenger arrivals in Fraport-run Greek airports jump 14.1 pct in year-to-date

International passenger traffic in the 14 regional airports managed by a Fraport-led consortium posted a 14.1 percent jump in the first seven months of the year.
ΒΑΝΚS
Moody΄s: The agreement between Attica Bank and Aldridge is Credit Positive

Moodys: The agreement between Attica Bank and Aldridge is Credit Positive

Attica Bank has the highest level of NPEs among Greek banks, as defined by the EBA, at 61.5% of gross loans as of Q117, which Moodys sees at 43% post the transaction.
ARTICLE
10 thoughts for tech founders, 10 years after the first major Greek-Startup exit

10 thoughts for tech founders, 10 years after the first major Greek-Startup exit

Some days it seems unbelievable but it has been a full decade since selling Kariera.gr, the company we founded in 1997 along with Fanis Rigas, to CareerBuilder.com, in what was the first major exit for a startup made in Greece. By Theofilos Vasileiadis.

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