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Economic future may look rosy but Greeks are struggling now

Georgios Papandreou, the founder of the Greek political dynasty, once said: “the numbers are up but the people still suffer”. It is a quote that would fit quite easily to …

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Greek banks exposure in the shipping sector more than €8 billion

Shipping revenues have grown by 20 per cent in four years, and Greek banks’ exposure in the shipping sector is in excess of €8 billion, most of it in foreign …

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End of an era for Melbourne Greek restaurant Hellenic Republic

George Calombaris has announced he is closing the doors of his Hellenic Republic restaurant in Melbourne after he was forced to pay back $7.8 million to his staff. The former …

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A Greek Australian behind $100m redevelopment plan for Perth’s mall

An investment, promising to change the face of Kardinya suburb in the city of Melville, Perth, is underway, spearheaded by Greek-Australian businessman Con Berbatis. Following 27 years without major works, …

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Athens Stock Exchange places Greece among the world’s top performing markets for 2019

The Athens Stock Exchange (ASE) gained 43.91 per cent in a sustained rebound between January and October and stands at the top of the world stock market performance charts for …

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Dora Moses named Women’s Small Business Champion at Northern Multicultural Small Business Awards – but everyone walks away a winner

There were two Greek finalists at the Northern Multicultural Small Business Awards: Dewdrops Early Learning Centre and Westgarth Pharmacy. Truth be told, Neos Kosmos was there in the hope that they …

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The IMF says Australian economy is worse than Greece, but that’s only on the surface

Greece’s economy has stabilised and is on the road to recovery. But just as things are getting better for Greece, the Australian economy has been exposed in a damning report …

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Greek shipping pride and maritime tradition, and how shipping noted an 800 per cent boost during debt crisis

Long-known as the most extroverted of Greece’s industries, shipping has managed to weather the Greek economic crisis, charting a continued path to success, growing in size, while also paying 800 …

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Shipping, a growing industry linked to the Greek identity

When pondering why Greeks are so involved in shipping, the answer seems obvious. A country of peninsulas and an archipelago, it is hardly a surprise that men of the Aegean …

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Greek fish and chips shop in Victoria scores national award!

Fish loving Victorians will rejoice to the news that Australia’s best fish and chips shop, according to a country-wide competition, is right at their doorstep. The Golden Flake at the …

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