The Hellenic Initiative Offers Cash Prizes to Greeks Making a Difference
The Hellenic Initiative, or THI, is offering support to Greek entrepreneurs hoping to make a positive impact on the world through their second annual Venture Impact Awards (VIA). Last year, during the...
View ArticleThessaloniki International Fair: The History of the Region’s Biggest Event
The Thessaloniki International Fair (TIF) is a commercial exhibition event of great importance in Greece and Southeastern Europe, taking place annually in Thessaloniki, Greece. Thousands of visitors...
View ArticleElon Musk Tweet Causes Cryptocurrency to Go Up 1000%
Elon Musk caused a 1000% surge in the price of the Shiba Floki cryptocurrency after tweeting an image of a Shiba Inu dog, captioning it “Floki has arrived.” The image is actually of Musk’s newest...
View ArticleEconomic Freedom in Greece Improving, Albeit Slowly
Greece has made its way up four positions in the Global Economic Freedom Index since 2019, but this movement establishes the country in just the 78th place out of 165, according to the Fraser...
View ArticleAMC Will Begin to Accept Cryptocurrency as a Form of Payment
AMC, currently the largest movie theater chain in the world, will begin accepting Bitcoin and other forms of cryptocurrency as payment for movie screenings and concessions. The company’s CEO, Adam...
View ArticleGreek Delivery Giant Efood Faces Major Backlash Over Worker’s Rights
Efood, Greece’s largest food delivery service, sent out a text message to 115 of their employees urging them to become freelancers, possibly accepting no benefits and less stable employment, or lose...
View ArticleWhy an American Think Tank Brands Bitcoin ‘a Scam’
An American think-tank called the Gravel Institute recently released a new video explaining why it believes Bitcoin is a scam akin to a Ponzi scheme. Writer and economist Doug Henwood spoke in the...
View ArticleMoody’s Upgrades the Four Largest Greek Banks
The credit agency Moody’s upgraded on Monday the long-term deposit ratings of the four biggest Greek banks, and said that the outlook for all of them is positive. The upgrade, “driven by their...
View ArticleEfood Delivery: From Financial Success To Self-Inflicted Disaster
It took Efood delivery less than three years to become one of the most successful Internet startups in Greece — but less than one day to turn into the ultimate disaster story. When a text message to...
View ArticlePinduoduo Founder Suffers Biggest Loss of Wealth in the World
Pinduoduo founder Colin Huang has suffered $27 billion in losses — the biggest decrease in wealth in the world this year. Huang founded Pinduoduo, also known as PDD, a Chinese technology platform...
View ArticlePM Mitsotakis Exalts Greek Economy in Meeting New York Leaders
Greece’s Prime Minister Kyriakos Mitsotakis said on Thursday in New York that the growth of the Greek economy may exceed an impressive 5.9 percent for the entire year. In an interview for Bloomberg...
View ArticleTwitter Will Let Accounts “Tip” Each Other with Bitcoin
The social media platform Twitter announced on Thursday that it will begin allowing its users to send and receive Bitcoin payments. The introduction comes as part of the company’s wider effort to...
View ArticleGreece Sells Majority Stake of Public Power Corporation
Greece’s Public Power Corporation (PPC) is expected to complete a share capital increase plan worth around 750 million euros by early November, following a decision reached by its board on Thursday....
View ArticleChina Decrees All Cryptocurrencies, Including Bitcoin, Illegal
China’s central bank declared all transactions involving Bitcoin and other virtual currencies illegal on Friday, stepping up a campaign to block use of unofficial digital money. Chinese banks were...
View ArticleGreece’s OTE Sells Stake in Telekom Romania
Greece’s Hellenic Telecommunications Organization (OTE) announced on Thursday it sold its 54 percent stake in Telekom Romania Communications to Orange Romania. It announced that the final equity...
View ArticleDisgraced Cable Magnate John Rigas Passes Away at 96
Greek-American John Rigas, the cable television and telecommunications magnate who was prosecuted for fraud in 2002, died on Thursday, September 30 at the age of 96. He had been released five years ago...
View ArticleElon Musk’s Tesla Electric Car Sales Skyrocket
Elon Musk’s Tesla has stunned pundits by selling 241,300 electric cars in the US — a total of 102,000 more vehicles than the same quarter last year. It’s the most Tesla has ever sold in a quarter. The...
View ArticleSecret Offshore Wealth of World Leaders Exposed in Pandora Papers
The secret offshore wealth of more than 300 world leaders, politicians and billionaires was exposed in the “Pandora Papers” on Sunday in one of the largest ever leaks of financial data. The documents...
View ArticleMark Zuckerberg Loses $7 Billion in Hours After Facebook Goes Down
Facebook founder Mark Zuckerberg has lost an alarming amount of personal wealth, taking him down $7 billion dollars in mere hours on Monday. This fall comes after a whistleblower stepped forward to...
View ArticleElon Musk Posts New Photo of His Puppy and Dogecoin Surges Again
A cute photograph of Elon Musk’s new Shiba Inu puppy, Floki, posted on Twitter on Monday spurred a host of Dogecoin spinoff cryptocurrency coins to rise in value. Dogecoin, which first utilized the...
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