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How a Blockchain-Based Solution to Greece’s Woes May Change Arbitration Forever
Piraeus Bank, Thomas Cook subsidiary conclude 40-mln€ financing agreement to fuel latter's expansion in GreecePiraeus Bank this week announced a financing agreement worth 40 million euros with Thomas Cook Hotel Investments, a consortium comprised of Thomas Cook plc and LMEY Investments.The Greek lender is TCHI’s primary credit institution in Greece, while the agreement aims to finance new hotel investments in the country.TCHI was established in 2018 with the intent to acquire and operate hotels in Spain and Greece, which are among Thomas Cook’s primary destinations for tour packages.The consortium’s current hotel portfolio in Greece includes only two hotels, in Crete and Rhodes, under the Sunwing brand.Thomas Cook has a massive presence in the Greek tourism sector, bringing roughly three million visitors to the east Mediterranean country so far in 2018, a figure that ranks it first among international tour operators.
Eyebrow-raising decision by Titan cement to transfer corporate listing from Greece to Belgium An abrupt announcement on Thursday evening by Titan S.A., one of the biggest cement producers in SE Europe and an industrial mainstay in Greece for decades, that it is transferring its corporate headquarters outside the country, constitutes an ominous development for business confidence in the thrice bailed-out country.Titan follows other major industrial units, such as Viohalco and Coca Cola Hellenic, which transferred their corporate operations outside Greece, ostensibly for greater tax relief and cheaper borrowing.
Plastic becoming too expensive to recycle, councils say, as giant waste mountain is discoveredPlastic is becoming too expensive to recycle, councils across Britain will on warn Saturday, raising fears that homeowners' efforts to sort through their waste may be futile. The warning by the Local Government Association comes as the Telegraph reveals mountains of plastic waste are sitting on an abandoned airfield because the local council cannot afford to send it to be recycled.The LGA, which represents more than 400 councils across Britain, is demanding that manufacturers contribute more towards the increasing cost of recycling.
Small earthquakes detected at fracking site in Lancashire
Forget Love Island – the 1970s 'Sex Raft' social experiment was where the real drama was at
Facebook pages for Women's March are elaborate scam to sell t-shirtsThe popularity of the 2017 and 2018 Women's March has led scammers to set up fake Facebook pages in order to sell merchandise, an investigation has revealed.
British-built spacecraft heads for planet Mercury