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Nemea's 'ayorgitiko' grapes flourished in 2003

  Nemea sees red again
 
Ideal weather conditions conspire and 2003 yields the finest 'ayorgitiko' wine in decades

After a catastrophic 2002, the miracle Nemea vintners hoped for arrived. For 2003 was not just a good year but one of the best in recent memory for the 'ayorgitiko' variety of wines the Pelopponesian region, formerly known as "Ai-Yorgis" (St George), is known for. Ayogiorgitiko wines, considered among Greece's most promising dry reds, often remind international connoisseurs of Merlot.


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Business Directory    
Nemea sees red again   Ideal weather conditions conspire and 2003 yields the finest 'ayorgitiko' wine in decades  
Pavlides gobbled up   Legal formality completes union of historic Athenian chocolatier Pavlides with Kraft giant  
The nature of good business   Two companies basing their successful nationwide and international trading on natural cosmetic products make a splash in the market  
         
Infrastructure    
On the fast track   Distance between Thessaloniki and Athens further "diminished" through new high-speed rails  
Hatching Greek caviar   Municipal business in lakeside region of Ioannina brings sturgeon back to Greece  
Public works’ cliff-hanger   ‘Kakia Skala’ motorway/ rail improvements, on the Athens-Corinth national axis, aim for 2004 inauguration  
         
Business In The Balkans    
Widening the net   After a stellar 2001, OTE's cellular subsidiary, Cosmote, is ready for more foreign investments  
Spreading communications   In an unprecedented show of unity, Greek telecom rivals join forces to promote growth in Balkan markets  
         
Finance    
Life after Deutsche Bank   German banking giant sells its 9.3% share of Greek EFG Eurobank Ergasias  
Banking shakeup continues   National Bank of Greece sells 11% of shares, mergers and investments abound  
The unemployment equation   As year moves to the end, joblessness is down, but employment remains an issue  
         
Shipping    
Taking the helm   Greece's Efthimios Mitropoulos elected head of the International Maritime Organisation  
Greece opens ferry market to foreign competition   Government ends cabotage to break domestic monopoly on Greece's immense coastal shipping network  
Harbouring winds of change   Hellenic Tourist Properties announces the privatization of major Attica marinas  
         
Tourism And Services    
Betting on success   Hyatt Regency ups the ante with its ongoing renovation and relaunching of the Athens Mont Parnes Casino  
Can Greece tee off?   Athens conference on opportunities and potential traps in Greece's untapped golf course market  
"United, we survive"   Ionian Hotels and Resorts network aims to boost family-run tourist businesses  
         
Greece In The Emu    
Every cent counts   State targets euro-profiteers and encourages proper use of new common currency  
         
Food & Drink Industry    
Fish farming expands to meet demand   Greek aquaculture industry leads EU in production of sea bass and bream  
Extra virgin territory   Quality over quantity holds key to export success for Greek olive oil  
Greek brews news   Highly concentrated and not as lucrative as in other EU countries, Greek beer market has potential  
         
 


    
 
 
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