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Saturday, 06 September 2025

Prime Minister Mitsotakis’ announcements at the 89th TIF

“I will not make promises, nor give money that does not exist,” Prime Minister Kyriakos Mitsotakis said at the beginning of his speech at the 89th TIF. Greece has gone…

Friday, 05 September 2025

Greece: Trade deficit at 19.48 billion in 7 months – 5.3% drop in exports

The Greek deficit of the trade balance fell 0.5% to 19,482.9 million euros from January to July 2025 in comparison with 19,572.6 million euros in the corresponding period of 2024,…

Investors give vote of confidence to Contships Logistics

Contships Logistics, owned by Nikolas Pateras, has reaffirmed its momentum in international shipping financing, successfully completing a supplementary bond issue of 75 million dollars in the Nordic market. It concerns…

ELSTAT: Greece’s economy grows by 1.7% in Q2

Greece’s growth rate fell below 2% in the second quarter of the year, according to the provisional data from the Hellenic Statistical Authority (ELSTAT). More specifically, the Greek economy grew…

OPAP is committed to innovation and the upgrade of customer experience

OPAP’s commitment to innovation and the upgrade of the customer experience, through the use of digital technologies and tools, was highlighted by OPAP’s CEO during the presentation to analysts. After…

Association of SA & Entrepreneurship: Proposals for addressing Greece’s housing crisis

The Association of SA & Entrepreneurship (SAEE) submitted its proposals for addressing the housing crisis in Greece. According to the statement, “the housing crisis in Greece is currently one of…

AKTOR: Higher turnover and strong liquidity in the first half of 2025

AKTOR’s positive financial performance continued dynamically in the first half of the year. According to the group’s announcement, the figures confirm the sound business planning and the management’s goals for…

C3is reports increased fleet; zero borrowing

C3is Inc., owned by Harry Vafias, has grown its fleet by 230% and it now seeks to capitalize on the stability offered by zero debt, despite the challenges of the…

Social Hub by Routelab: The role of infrastructure in sustainable ports

The Social Hub by Routelab event “Green Ports and the Future of Sustainable Shipping” was held with great success at the port of Kyllini. The CEO of the Port of…

FAMAR Group completes the acquisition of a MiP Pharma unit in Germany

FAMAR Group announced the completion of the acquisition of MiP Pharma’s sterile pharmaceutical production unit in Homburg, Germany, acquiring full ownership control of the unit. According to the announcement, the…

Alpha Bank: Tourism portfolio reaches 2.5 billion euros

Alpha Bank’s total tourism portfolio amounts to 2.5 billion euros, with the bank financing emblematic tourism projects in the country. Alpha Bank continues to play a leading role in supporting…

Thursday, 04 September 2025

PPC Group participates in the European research project SOLARIS

PPC Group is participating in the European research project SOLARIS, which aims to develop more efficient, reliable and profitable operation and maintenance strategies for photovoltaic (PV) systems across Europe, according…

Greeks take the lead in shipbuilding

The Greek orderbook remained at impressively high levels for yet another month, confirming the leading role of Greek shipowners in global shipping. According to the latest report by Xclusiv Shipbrokers,…

OPAP on track to meet 2025 targets

Driven by Joker, Eurojackpot and Online Gaming, OPAP is on track to meet the goals set by its management for 2025. The listed company showed an increase in turnover and…

Trade Estates launches an investment plan of 156.4 million euros

Trade Estates REIC aims to strengthen its portfolio by 31.8% at 760 million euros (Gross Fair Value) in 2028, having planned investments of 156.4 million euros for the next three…

September is a month of opportunities for Greek banks

September is a ‘hot’ month for investment developments in Greece’s financial sector. A critical three-day period begins on Thursday in New York for Greek banks as they will participate in…

METLEN joins FTSE 100 index – Confidence in the company’s vision and ability

Metlen Energy & Metals joined the FTSE100 index, as confirmed by FTSE Russell in a statement. More specifically, the global provider of index and benchmark solutions said that the Burberry…

Is Greece–Cyprus power link switched off?

The Greece–Cyprus power interconnection project — plagued by setbacks — took on a new twist yesterday following a revelation by the President of the Republic of Cyprus. Speaking to journalists,…

Shipping: Artificial Intelligence takes the helm

The global market for autonomous ships and advanced maritime technologies is expected to reach 165.61 billion dollars by 2030, according to analysis by Allied and Lloyd’s. This figure reflects the…

How resilient is Greek tourism?

“Greek tourism continues to show signs of dynamic growth,” the Secretary General of SETE and President of INSETE, George Vernikos, said on Naftemporiki TV. As he noted, there is an…

A golden decade for shipping

The next decade is predicted to be a “golden” one for the shipbuilding industry, with global orders for new ships, according to estimates by Goldman Sachs Global Investment, reaching 441…

Wednesday, 03 September 2025

Cosmote Telekom: Expansion of partnership with Globalstar at the Nemea Satellite Communications Center

Globalstar, one of the world’s largest providers of satellite infrastructure and technologies, is expanding its collaboration with Cosmote Telekom, doubling the capacity of its satellite station at the state-of-the-art facilities…

Heracles: 6.5 MW solar power plant fully operational at its factory in Evia – 6 million investment

HERACLES Group launched the operation of another large photovoltaic station at the premises of its factory in Milaki, Evia, following the corresponding installation at the Volos unit in May, enhancing…

Stournaras: Financial education a pillar of development policy

The importance of financial literacy and financial education of young people was emphasized by the governor of the Bank of Greece, Yannis Stournaras, in his speech at the educational conference…

FinQuest 2025 (Alpha Bank) competition rewards AI applications

Applications for Alpha Bank’s international innovation competition FinQuest 2025 are open until September 22. The theme of the competition is artificial intelligence (AI) and the cash prize of the winner…

Alarm over vulnerabilities in non-bank financial institutions

Liquidity mismatches, use of leverage and interconnectedness remain vulnerabilities of non-bank institutions that can affect financial stability, the European Systemic Risk Board said in a new report. The ESRB published…

Reduced expectations for the new spatial planning for renewable energy sources

Market players “see” limited benefits in the special spatial plan for RES currently being drafted. The revision of the special spatial plan for Renewable Energy Sources constitutes an obligation of…

Optical fiber: FTTH penetration at 56%

At a rate that exceeds the European average, FTTH networks (optical fiber to homes and businesses) continue to develop in Greece, without, however, bridging the gap with the rest of…

World’s top ports see strongest expansion in nearly a decade

Despite geopolitical tensions and trade tariffs, the world’s leading ports recorded the strongest expansion in nearly a decade in terms of container traffic in 2024, with an 8.1% increase and…

Kafounis (ESEE): Less than 50 companies cannot support the entire sector

“What is worrying is that a few dozen very large companies are showing a remarkable increase in turnover, while thousands of small and medium-sized companies are striving to survive,” pointed…