News archive of January 2023
A futuristic journey with Yannis Markopoulos
Childhood drawings done by his son, a manga-style video by French multidisciplinary creative collective Sagans, a collage of global protests and movements inside the head of Yannis Markopoulos, five women from Africa dancing in slow motion: These are the images the celebrated Greek composer's songs evoked for photographer Christos Sarris, head of the creative department at the Onassis Cultural
Fitch puts Greece near rating target
Fitch Ratings upgraded Greece's credit rating to BB+ with a stable outlook on Friday, taking it to within one step of investment grade.
The upgrade reflects the country's improved fiscal outlook, reduced risks in the banking sector, structural momentum, macroeconomic outlook and the acquired speed of reforms, deceleration of inflation and stable funding costs.
EIB and HSBC deal to fund Greek SMEs
Greek companies engaged in international activities will benefit from a new 200-million-euro trade finance partnership between the European Investment Bank (EIB) and HSBC Bank Plc, it was announced in Athens on Thursday, in the presence of Deputy Minister of Development and Investment Yiannis Tsakiris.
Greece could have up to 3.5 billion barrels in fossil fuel deposits, HEREMA estimates
Greece's potential fossil fuels deposits may amount to 3.5 billion barrels of oil equivalent (BOE), according to an estimate presented by the Hellenic Hydrocarbons and Energy Sources Management Company (HEREMA) at an event to announce its new company identity and the expansion of its activities to offshore wind and the storage of natural gas and carbon dioxide.