News archive of March 2018

Spanoulis becomes the Euroleague player with the most assists ever

Vassilis Spanoulis became the Euroleague's number one player in assists, but Olympiakos lost in overtime at Malaga, while Panathinaikos comfortably beat Valencia at home on Friday.

Unicaja Malaga beat Olympiakos 87-85 in an ever-so-tight encounter in Spain that the Reds will feel they should have won.

Ermou Street regains its spot on big international retailers' radars

Retail spaces on Ermou, Athens's main shopping street, are being purchased at prices unseen since the outbreak of the financial crisis, as the rebound of property prices in the area (which started in 2016) and the increasing tourism flow to the capital stir memories of better times.

GEK Terna raises 120 mln via seven-year bond issue

The issue of GEK Terna's new seven-year bond this week was a profound success, with the Athens-listed group raising 120 million euros at a rate of 3.95 percent.

Xenia hotel and hot springs up for sale on Kythnos

On Monday state sell-off fund TAIPED will publish an invitation for expressions of investor interest in the abandoned Xenia hotel unit on the Cycladic island of Kythnos - complete with hot springs.

Arnold Schwarzenegger Underwent an Emergency Cardiac Surgery

Actor and former California governor Arnold Schwarzenegger underwent an emergency cardiac surgery in Los Angeles, TASS reported.

Doctors were planning to change the catheter valve of 70-year-old Schwarzenegger, but complications have occurred. According to TMZ, doctors have estimated that Arnold should be immediately operated. Surgery has lasted for several hours.

PPC plant sale process set to begin in May, end in October

The bill on the sale of Public Power Corporation's lignite-powered units is expected to be put up for consultation next week, with its submission to Parliament to follow, after the draft has been completed by the Energy Ministry in cooperation with the European Commission's Directorate-General for Competition.

Warn of a Strong Wind in 17 Districts and Sofia on Saturday

On Saturday clouds, mostly medium and high, will increase  from west to east. It will blow a mild to moderate wind from the south-southwest, which will intensify in the afternoon and night through Sunday, especially in eastern Bulgaria and the areas north of the mountains.

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