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Economy

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Australia

Sydney publican Jon Adgemis’ yacht taken over by receivers

20 / 11 / 2024
The Commonwealth Bank has appointed receivers to The Yacht Pty Ltd, the company that owns Jon Adgemis' 95-foot yacht Hiilani, formerly owned by Hollywood...
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Australia

Greece and Australia’s economic relations flourish with strong growth in key sectors

30 / 10 / 2024
A recent report by Greek office of Economic & Commercial Affairs in Sydney highlighted Australia’s potential investment interest in Greece.
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Australia

Paul Nicolaou hails The Everest’s $30 million boost to NSW economy

14 / 10 / 2024
Racing punters are set to pump an impressive $30 million into the New South Wales economy as they celebrate the upcoming TAB Everest Day.
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Australia

Business Sydney’s Paul Nicolaou welcomes review of NSW Visitor Economy Strategy

10 / 10 / 2024
Millions of extra airline seats, tens of thousands of hotel rooms and a focus on tourism will transform the state’s visitor economy.
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Cyprus

Cyprus green-lights $2.1 billion undersea cable to link electricity grid with Greece

18 / 09 / 2024
Cyprus officially approved the construction of a $2.1 billion undersea electricity cable that will connect its power grid with Greece’s.
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Economy

Economist Sophie Photios estimates 50 percent chance of recession for 2024

Macquarie economist Sophie Photios estimates there is a 50 percent chance of recession this year as the “trap” of high migration unwinds.
22 / 05 / 2024
Economy

Sydney mansion by architect Alec Tzannes to smash Australian property record

The mansion, spanning 2,676 square meters—an equivalent of four standard residential blocks—offers an unparalleled view of Sydney Harbour.
10 / 05 / 2024
Australia

Postal voting and Greek economy: Hot topics at breakfast event with Greek Minister

Business Sydney held exclusive breakfast to discuss the recent reform of postal voting for Greeks abroad and the economic outlook in Greece.
27 / 03 / 2024
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Opinion

Opinion

A dark side of Greece – Part 1

05 / 09 / 2025
Unlike other more carefree summers in which financial ease more often than not corresponded to “getting away”.
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Opinion

Late disclaimer of inheritance: How it can be recognised as valid by court decision

05 / 09 / 2025
By law, an heir may disclaim within four months of learning that the estate has devolved to them and of the reason for this.
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Opinion

Low birth rates and ageing: The silent enemy of the Greek nation

29 / 08 / 2025
From the late 1990s it had become clear to Greek demographers and social scientists that the number of births in Greece was falling.
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Economy

Greece becomes new hotspot for the world’s ultra-rich

01 / 06 / 2020
Greece’s luxury holiday home market is evolving into a new hotspot for the planet’s ultra-rich despite the coronavirus and its consequences on the economy.
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Economy

Greece anticipates grants of at least 8-10 billion euros from French-German recovery plan

25 / 05 / 2020
The Greek government is expecting a growth boost of 1.5-2% of gross domestic product for the next three years through the EU Recovery Fund.
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Economy

Greeks appeal to Nicosia lawmakers for return of 300 million euros

01 / 06 / 2020
Nearly 1,000 Greeks are seeking the return of 300 million euros, which were confiscated from uninsured bank deposits by the Republic of Cyprus in 2013.
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