With China’s presence rising in Greece, the Chinese investment company Fosun plans to build a Mediterraean tourist market for Chinese visitors, through Greece, after agreeing to buy 75 percent of the British travel company Thomas Cook’s tour operations and 25 percent of its airline business for 450 million pounds (497 million euros.)
The group’s creditors – banks and bondholders – will put up a similar amount to buy 25 percent of the tour business and 75 percent of the airline business with Fosun seeing a potential bonanza for China’s growing interest in Greece and the European Union.
Fosun is already in Greece as a partner in the plan to develop the abandoned Hellenikon International Airport on Athens’ coast, its ownership of Club Med and a minority shareholder in in the essentially bankrupt jewelry and fashion accessories firm Folli Follie.
The company said it wants to create local firms to market tourist destinations, including in Greece, and would hire tour guides and translators and and work closely with suppliers to upgrade its services.
The greatest chefs agree that in cooking, imagination is everything and not expensive ingredients and complex preparation and executions of recipes.
FALMOUTH, MA – The police in Falmouth have identified the victim in an accident involving a car plunging into the ocean on February 20, NBC10 Boston reported.
CASPAR BEACH, Calif. (AP) — A welding hammer strapped to her wrist, Joy Hollenback slipped on blue fins and swam into the churning, chilly Pacific surf one fall morning to do her part to save Northern California's vanishing kelp forests.
NEW YORK – The Greek Orthodox Archdiocese of America on December 8 announced the formation of the Advisory Committee on Mission Fulfillment for St.
LONDON (AP) — Mohamed Salah scored his 200th Liverpool goal on Saturday as Jurgen Klopp’s team came from behind to beat 10-man Crystal Palace 2-1 in the Premier League.
ROME (AP) — A fire broke out in a hospital on Rome's outskirts, killing at least three people and forcing the overnight evacuation of the smoke-filled facility and its nearly 200 patients, officials said Saturday.
UNITED NATIONS (AP) — The United States vetoed a United Nations resolution Friday backed by almost all other Security Council members and dozens of other nations demanding an immediate humanitarian cease-fire in Gaza.
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