Workers of the country's public power corporation are to start rolling 48-hour strikes from Tuesday at midnight, their labor union GENOP announced on Monday.
The action, which is being held to protest the government's plans to shut down all of the country's lignite-powered plants starting next year.
On Monday, the government announced the creation of a national fund to promote the transformation and modernization of industry. The registered capital is 147.2 billion yuan ($ 21.02 billion), according to a message from CRRC Corporation Ltd., one of the fund's shareholders. It has a total of 20 companies and the Ministry of Finance is the largest shareholder with 15.29%.
Fourteen years after a judicial inquiry was first launched, the trial into the 1997 Siemens bribery scandal concluded on Tuesday with an Athens court finding 22 of the original 64 defendants guilty of a range of crimes, including money laundering. The sentences are expected to be announced on Friday.
Italy's biggest natural gas distribution company, Italgas, is on the verge of entering the Greek market.
Kathimerini understands that Europe's third largest gas distributor is very close to reaching an agreement with fellow Italian Eni Gas e Luce for the acquisition of the latter's portfolio in the Greek gas grid.
The Greek stock market enjoyed a day of solid gains on Thursday, with banks and Coca-Cola recording considerable growth and trading volume confirming that Athinon Avenue enjoyed wider investor interest than usual. Thursday's growth added a remarkable 1.2 billion euros to the bourse's capitalization.
Technology entrepreneurs in China are taking advantage of the digital economy boom in the country, amassing a huge fortune in 2018, according to a report.
21% of the 56 new Chinese billionaires for 2018 came from the technology sector, while only 7% came from the real estate industry, an industry that traditionally creates the richest Chinese entrepreneurs.