Greece is at risk of not meeting the European Commission’s goal, in the context of the Digital Decade 2030, regarding the digital readiness of Small and Medium Sized Enterprises (SMEs)…
The current account deficit increased by 1.3 billion euros in January-July 2024 compared to the corresponding period last year, while tourism receipts rose by 5.6%, rising to 10.952 billion euros.…
Astir Marina and the Yacht Club de Monaco have strengthened their cooperation with the signing of the Memorandum of Understanding (MoU), aiming at obtaining the “La Belle Classe Destinations by…
George Mylonas may see the share of Alumil, which has been active for four decades in the aluminum sector, remaining trapped below the psychological limit of 100 million euros in…
The deadline for the submission of binding bids for the acquisition of Avramar Group claim expires today, however, the process will reportedly be extended. This development is considered necessary in…
The commercial operation of the Liquefied Natural Gas Terminal in Alexandroupolis (FSRU Alexandroupolis) will begin on October 1, Gastrade’s CEO, Kostis Sifnaios, said during a visit of the Ambassadors of…
The amount of the Greek debt is revised upwards and even retroactively. In application of the new framework of rules, Eurostat imposes the inclusion of deferred interest, the amount of…
Greece’s intention to start negotiations for the supply of a fourth Belharra-type frigate as well as the promotion of a broad program of modernization of a series of ships of…
Technology is constantly developing, forcing employees to enhance their skills in order to meet the challenges of the future. In a survey conducted by kariera.gr, focused on the prevailing trends…
Terna Energy is close to this year’s highs of 19.7 euros ahead of the conclusion of the sale to Masdar. The share of the listed company on the Athens Stock…
Greece still has the highest rate of non-performing loans (NPLs) in the European Union, at 3.3% compared to an average of 1.9% in the fourth quarter of 2023. However, significant…
The fair value of Noval Property’s real estate portfolio stood at 609 million at the end of the first half, up 7% compared to the end of 2023. The investment…
Starting this year and every year, those who own boats will have to pay between 100 and 200 euros, depending on the length of the watercraft. However, the submission of…
The investment program of the Piraeus Port Authority (PPA) is progressing rapidly, following the issuance of the presidential decree, the approval of the master plan and the Strategic Environmental Assessment…
The Hellenic Republic Asset Development Fund (HRADF), a member company of GROWTHFUND – The National Fund of Greece, announced the acquisition of a majority stake of 67% in the share…
The repair of the axle system on a Suezmax type tanker, 274.2 meters long and 50 meters wide, with a total capacity of 150,000 tons, was successfully completed at Skaramangas…
The current situation of the mutual funds market is reminiscent of times before the financial crisis and it seems to be emerging as a reliable investment option. The total number…
Households and small and medium-sized enterprises will have the chance to obtain ultra-high-speed broadband connection through vouchers. These vouchers will cover the cost of acquiring the relevant service and especially…
Public Power Corporation (PPC) is advancing its plans for the creation of a data center in Attica, and specifically in the area of Spata, with a capacity of 25 MW…
Karelia Tobacco Company remains stable in its positive business course, alongside its contribution to society as a result of its sound domestic and international business activity. Victoria Karelia, president of…
Insurance premiums for ship hulls reached 9.2 billion dollars in 2023, up 7.2% compared to 2022. Ilias Tsakiris, general manager of the American Club (Europe) and CEO of Hellenic Hull,…
The process for the sale of Nova continues amid prospects that the four potential investors – two Arab telecommunications organizations and two US investment funds – will submit offers at…
GEK TERNA is expected to launch a new large investment cycle in the areas of concessions and PPPs inside and outside Greece, General Director of Business Development, Manos Moustakas, said…
The issue of hypertourism and the promotion of new destinations will dominate the 8th Posidonia Sea Tourism Forum to be held in May 2025, as the organizers of the most…
The Cruise Lines International Association (CLIA) requested in a statement that the new fee to be imposed on cruises be applied from 2026, after the start of a dialogue with…
A slight decrease was recorded in August in the handling of containers from piers II and III in the country’s largest port, Piraeus, which is managed by the Piraeus Container…
We need better visibility and more cooperation in the planning, study, financing and ultimately in the construction and operation of the projects, in order for them to have the maximum…
Eurobank and the Indian Chamber of Commerce (ICC) signed a Memorandum of Understanding (MoU) to work towards the establishment of the India-Greece-Cyprus Business Council (IGC). The MoU was signed in…
LAMDA DEVELOPMENT announced a sales contract with SKITI ENTERPRISES COMPANY LIMITED, owned by the family of shipowner George Prokopiou, for the sale of plots of land within Ellinikon, regarding the…
Cyprus announced that it approved a proposal by the Energy Ministry for the Great Sea Interconnector (GSI). The decision was finalized during the cabinet meeting. The Minister of Energy George…
By the end of 2026 or early 2027, Data4’s new data center campus in Attica region (Paiania), an investment of 300 million euros, will start operating. The CEO of Data4,…
National Economy and Finance minister Kostis Hatzidakis announced that the expansion of the “Hercules III” program by 1 billion euros is being promoted in cooperation with the European Commission so…
Alternate Minister of National Economy and Finance, Nikos Papathanasis, signed the financing agreement for the establishment of a Just Transition Development Fund by the Hellenic Development Bank. The Fund, with…
JP Morgan has reportedly received the green light from the Hellenic Financial Stability Fund (HFSF) to hold talks with the interested parties in order to have the list with the…
Greek-flagged tanker SOUNION was successfully towed to a safe location without an oil spill, under the protection of EUNAVFOR ASPIDES, while private operators are about to complete the rescue operation.…
The financial footprint of the pharmaceutical industry in the Greek economy and its overall contribution in terms of GDP is estimated at 6.5 billion euros (3.2% of GDP) in 2022,…
October brings a “haircut” of fines for those taxpayers who “confess” to tax evasion without disputing the debt arising after the tax audit carried out by the Independent Public Revenue…
Tax revenues amounted to 43,09 million euros in January-August 2024, up 1,9 million euros or 4.8% compared to the target included in the introductory report of the 2024 Budget, according…
Tourism Minister Olga Kefalogianni expressed optimism that travel receipts will reach 22 billion euros in 2024 compared to 20.6 billion in 2023. Speaking at a press conference, Kefalogianni also referred…
Α slight decline in expectations was recorded in the industrial sector, according to a survey by the Institute for Economic and Industrial Research Foundation (IOBE). More specifically, the index of…
Passenger traffic at the 24 airports managed by Greece’s Civil Aviation Authority (CAA) rose 5.4% in January-August 2024, according to provisional figures. More specifically, passenger arrivals and departures on both…
Non-performing loans have dropped from 40% in July 2019 to 7.5% in March 2024, Finance Minister Kostis Hatzidakis said during a press conference on Monday. Hatzidakis also referred to the…
“Naftemporiki” attended the 88th Thessaloniki International Fair (TIF) conveying the climate and the views of established and emerging businesses that participated. The heads of companies from various sectors spoke about…
The Greek-flagged tanker “Sounion” of Delta tankers is being towed to a safe location to the north of the Red Sea, by the Greek rescue vessel “Aigaion Pelagos”. “Aigaion Pelagos”…
Losses or meagre incomes are being reported by the majority of freelancers, according to an analysis of their tax return data. Based on the official figures, the owners of bars…
Supermarket Masoutis announced its turnover rose 16.5% compared to 2022 at the corporate level and 14.5% at the Group level while investments exceeded 25 million euros. According to its financial…
The implementation of the Digital Work Card measure has been considered particularly satisfactory based on figures showing an increase in the overtime recorded compared to the past. A typical example…
The issue of port infrastructures for the safety of coastal shipping vessels, as well as the management of their itineraries, dominated the statements of the president of the coastal shipping…
Athens seeks to maintain calm waters in Greek-Turkish relations ahead of Prime Minister Kyriakos Mitsotakis’ meeting with Turkish President Recep Tayyip Erdogan. The goal is that any differences do not…
Lamda Development remains committed to the goal of completing the first phase of the project in Ellinikon in 2026 to 2027. According to Haris Goritsas (Chief Financial Officer) and Apostolos…
