Marousi

US investment fund CVC Capital is rapidly evolving into the biggest foreign investor in Greece, as it is currently in negotiations for the acquisition of an 80% stake in Ethniki, Greece's biggest insurer, for about 450-460 million euros.

«Είμαστε όλοι συγκλονισμένοι»

OTE telecom will be implementing two new voluntary redundancy programs at the end of the month.
The programs concern more than 400 employees across the various departments and subsidiaries of the group and will cost a total of 55 million euros, or about €130,000 per departing employee on average.

OTE Telecom, Greece's biggest telecoms operator, reported on Thursday a 3.6 percent rise in core profit thanks to increased data traffic and usage of broadband services amid the coronavirus lockdown.

A blood donation drive being coordinated by the government, a charity and a hospital in a bid to respond to the heightened need for blood due to the coronavirus pandemic got under way at the Athens Olympic Stadium (OAKA) in Maroussi, northern Athens, on Tuesday. 

The landmark Stavros Niarchos Foundation Cultural Center (SNFCC) on Athens' southern coast announced on Friday its decision to suspend operations in order to protect staff and visitors from the spreading Covid-19 virus.

Telecoms market leader Cosmote is set to launch the modernization of its cellphone network next month, based on the new contract it has signed with Ericsson. Cosmote will also begin working on the creation of Greece's first fifth-generation (5G) network.

Colombian superstar Maluma is coming to Greece to perform concerts in Athens and Thessaloniki, with Greek singer Eleni Foureira as his special guest.

Members of the Rouvikonas anarchist group smashed the entrance to the headquarters of the Motor Oil company in northern Athens on Tuesday.

The incident occurred shortly after 12 noon in the suburb of Maroussi. Police arrived at the scene after the vandals had made off, leaving behind several sledgehammers they had used to damage the building's facade.

Greece's biggest telecoms operator OTE posted a 9.4 percent rise in fourth-quarter core profit on Wednesday thanks to growing business at its home market.