The European Commission has endorsed a positive assessment of Greece’s draft budget for 2025 and its medium-term fiscal plan, in accordance with the European Semester autumn package – the first…
The tripartite negotiations of the European Parliament, the European Commission and the European Council were rather difficult, however, a golden mean was finally found, thus avoiding an “austerity budget” in…
Thanks to its strategic partnership with UniCredit, Alpha Bank is an ideal ally of Greek businesses in their effort to strengthen their extroversion and competitiveness, Alpha Bank’s Chief of Commercial…
The goal of further increasing Greece’s attractiveness as an investment destination for high technology was, among other things, at the center of the meeting held between Prime Minister Kyriakos Mitsotakis…
The Foundation for Economic and Industrial Research (ΙΟΒΕ) presented a report on “The Contribution of Golf to the Greek Economy.”
The report examined the importance and benefits of the development…
Nikos Lykos, the main shareholder and head of Austriacard, may see his “creation” constantly improving its financial results (+14% in sales and +10% in net profits in the 9 months…
The Region of Crete, within the framework of the strategy for promoting the island in the US tourist market, participated in the professional event “Greek Tourism Luxury Workshop” organized in…
The budget execution for the period January-October 2024 showed a primary surplus of 13.528 billion euros, compared to a target for a primary result of 12.930 billion euros and a…
StealthGas, owned by Haris Vafias, announced record nine-month profits.
More specifically, the Nasdaq-listed company announced profits of 55.7 million dollars, up 29.3% compared to the same period in 2023 –…
The European Commission announced that Greece accepted the proposals for the Greek shipping tax regime that it had put forward.
Specifically, as stated in the relevant announcement, Greece accepted on…
Intracom Telecom, a global technology systems and solutions provider, announced a 45-million-euro investment in a state-of-the-art manufacturing facility in Kozani, Greece.
The construction is scheduled to commence in 2025 and…
The Copper Alliance and Hellas Gold have entered into a strategic partnership, with the aim of strengthening the copper market and improving Greece’s position in the global market.
Hellas Gold,…
Cosmote has undertaken the design, study and construction of seven new submarine fiber optic infrastructures in the Aegean, as part of its participation in the European Sea-Spine project, to serve…
Eurobank announced that it has entered into share purchase agreements with Demetra Holdings Plc and Logicom Services Limited pursuant to which, Eurobank has agreed to acquire 24.66% holding (101,794,409 shares)…
Taxpayers are expected to pay more than 5 billion euros per month, on average, in 2025, for direct and indirect taxes, in order to achieve the budget target of collecting…
Positive climate is recorded lately in the electrical and electronic goods market ahead of the Black Friday, which has already begun unofficially and will peak on the last weekend of…
The prime minister’s intention to tax large companies that evade taxes, as announced at an event of the Finance Ministry, is welcomed by the Athens Chamber of Tradesmen.
The president…
The cost of tax exemptions to the state budget amounts to 18.8 billion euros.
Based on the data listed in the tax expenditure report of the 2025 budget, the cases…
Contracted revenues for Dynagas LNG Partners remain steady at over 1 billion dollars.
George Prokopiou’s holding company, which is listed on Wall Street and manages a fleet of six LNG…
Fitch Ratings has affirmed Greece’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘BBB-‘ with a Stable Outlook.
Greece’s ratings are supported by income per capita levels above and governance indicators…
Tourism Minister, Olga Kefalogianni, participated in the 12th General Assembly of the Hellenic Chamber of Hotels (HCCH), where she highlighted the basic regulations for short-term rentals included in the new…
The order book of Greek interests in Asian shipyards is constantly expanding. In the last ten days, brokers from Greece and abroad have recorded 16 new orders from five Greek-owned…
Hellenic Electricity Distribution Network Operator (HEDNO) is launching a new application that will inform users immediately and accurately about the energy produced by Renewable Energy Sources.
Within the framework of…
PPC Renewables announced the construction phase of three new wind parks in Greece, with a total capacity of approximately 100MW, moving forward with the organic growth of PPC Group’s RES…
OPAP CEO Jan Karas focused on the successful implementation of OPAP’s strategy during the analysts’ briefing, emphasizing that they reflect both its strong financial performance and the upgraded products offered…
The important reforms that have been implemented to modernize the tax administration, as well as the new tools that will be put into operation in 2025 to further improve citizen…
Supermarket chains recorded a 10.1% increase in revenue and 32.5% increase in profits in 2023.
The net profit margin before taxes stood at 1.8%, slightly higher compared to 1.4% in…
The Eugenides Foundation actively participated in the discussion on the development of renewable energy sources at sea, within the framework of the “Offshore Wind Energy Greece 2024” conference on Greek…
The agreement for the sale of 20% of the subsidiary of IPTO and implementing body of the Crete-Attica electricity interconnection, Ariadne Interconnection, to State Grid International Development (SGID), was signed…
If someone reads the reports of foreign rating agencies about Greece, he will have the feeling that the economy is soaring and that Greek households are fully content – in…
The agreement for the establishment of the Islands Decarbonization Fund, a financial tool that will support the decarbonization of the Greek islands, was signed on Thursday in Naxos.
The relevant…
The new policy of the Independent Authority for Public Revenue (AADE) based on the implementation of digital tools seems to be starting to bear fruit. Revenues have increased, paving the…
PPC has completed the acquisition of the renewable energy portfolio of Evryo Group in Romania, which is controlled by Macquarie Asset Management.
This acquisition is an important milestone in the…
Five interventions in as many sectors of the economy that directly affect both the consumers and public finances were announced by the President of the Hellenic Competition Commission, Irene Sharp,…
The textile industry has been the engine of the national economy for decades, with dozens of factories located in many cities across Greece (mainly in Macedonia), significant export activity (up…
The strong interest of major international investors to operate in Greece’s Renewable Energy Sources (RES) market was confirmed once again.
More specifically, the US giant Amazon plans to invest more…
Tourism in the Cyclades sent mixed signals in the third quarter of 2024 in terms of accommodation and food service activities revenue, according to data published by ELSTAT and processed…
OPAP announced that net profit rose 14.4% to 352 million euros in January-September compared to 307.7 million euros in the same period of 2023.
OPAP’s revenues reached 1,648.3 million euros…
The port of Piraeus continues to receive pressure, but not on domestic transit, as container ships are diverted around the Cape of Good Hope due to turmoil in the Red…
A landmark year in the history of Star Bulk Carriers was 2023, when the shipping company, led by Petros Pappas, achieved the deal of the year with the absorption of…
The absorption of the Recovery Fund resources will remain the major support of the Greek economy in the next two years, according to UBS.
The Swiss investment bank remains quite…
Motor Oil analyzed the group’s strategy until 2030, noting that its goal is that its activities in the electricity and circular economy sectors will increase in scale and financial performance…
The return of Donald Trump to the White House is expected to have significant repercussions in the technology sector, starting with an increase in the prices of electronic devices, due…
Intrakat, now Aktor, has turned the page with the approval of the share capital increase of 200 million euros, which will finance acquisitions and investments in the Group’s sectors of…
Economy and Finance Minister Kostis Hatzidakis tabled the draft budget for 2025 in Parliament.
Together with the draft budget, the minister also submitted the report on tax expenditures, the reports…
Amazon has announced its investment in three new large-scale wind farms in Greece, the company’s largest renewable energy initiative in the country so far.
The farms will help meet Amazon’s…
The new regulatory framework, European and Greek, the need for businesses to redesign processes and products and commit to a future where environmental priorities are balanced with the necessary development…
DBRS is signaling a possible upgrade of Greece’s four systemic banks, following the faster-than-expected amortization of deferred taxes (DTC).
Deferred taxes are included in Greek banks’ capital, but are considered…
The reactions of the 27 Greek shipping companies listed on US markets to the victory of Donald Trump were mixed.
According to a survey by “N”, the general trend of…
The heads of systemic banks who participated in the discussion on “The new era for Greek banks”, which was organized by the Bloomberg news agency, were particularly optimistic about the…
