The 79th Session of the UN General Assembly in New York was concluded and Greece had the opportunity to hold very important meetings, as the country’s international footprint is extremely…
Greece ranked second worldwide in terms of optimal procurement strategy in Public-Private Partnership (PPP) projects, according to the “Benchmarking Infrastructure Development 2024” Report of the World Bank, Alternate Minister of…
George Stassis may have seen the PPC share close to the highest levels of the last 10 years (12.5 euros) while at the same time proposing as a “gift” the…
TERNA ENERGY announced its revenues rose 42.5% and net profit 41.0% in the first half of the year, as a result of increased installed capacity and more favorable wind conditions,…
Greek banks are gathering strong investment interest at the Bank of America’s three-day conference held in London, which confirms the full recovery of the domestic sector – as reflected in…
Greece’s paper industry, one of the most important industrial branches of the Greek economy, strives to cope with the enormous pressure as a result of higher energy costs affecting energy-intensive…
Thessaloniki Port Authority (ThPA) announced a 62.3% increase in net profits after taxes in the first half of 2024. In more detail, according to its financial data, the Group’s total…
The Public Debt Management Agency (PDMA) is starting the procedures for determining the borrowing program for the next year without significant differences compared to the current year. The target is…
Provisions concerning the taxation of small pleasure boats of the second category have been included in the amendment submitted to the bill of the Ministry of National Economy and Finance…
The fire extinguishing operation on the tanker “MV Sounion”, carrying 150,000 tons of oil, off Eritrea is in progress. According to exclusive information from “Naftemporiki”, three fires have been extinguished…
The number of non-performing loans has decreased significantly, Alternate Finance Minister Nikos Papathanasis said during the discussion in the competent committee of the Parliament of the “New Development Program of…
The approval of Attica Bank’s Share Capital Increase, totaling 735 million euros, was approved by the extraordinary general meeting of shareholders. In particular, the Bank’s shareholders approved a Share Capital…
The Ministry of Labor is preparing a road map that will lay the foundations for changes and interventions in the field of Collective Agreements in six months after the approval…
Aegean Airlines announced the cancellation of certain flights due to developments in the Middle East. More specifically, Aegean is canceling all scheduled flights to and from Tel Aviv Ben Gurion…
Greece’s financial staff and the European Commission are about to conclude talks on the new 4-year Fiscal-Structural Plan ahead of the submission of the Fiscal Structural Plan in Brussels early…
Dynagas LNG Partners, listed on the US stock exchange, and owned by George Prokopiou, announced that it plans to sell securities worth up to 350 million dollars. More specifically, in…
PPC Group announced the conclusion of an agreement-collaboration framework with the Copelouzos and Samaras groups for the acquisition of a RES portfolio of 66.6MW in operation, the acquisition of RES…
Consultations on the new institutional framework for Real Estate Investment Companies have been concluded and the government’s decisions are now awaited. The new framework aims, among other things, to make…
In recent decades, the whole world has been operating in an increasingly complex geopolitical environment with the global players deploying strategies in order to protect their security. Trade disruptions are…
Navios Maritime Partners’ share price has risen at a nine-year high. The Wall Street-listed shipping company, owned by Angeliki Fragou, which, through mergers of its companies, created one of the…
An important milestone in Attica Bank’s path towards full consolidation and restructuring is expected to be achieved on Wednesday with the approval of the 735-million-euro share capital increase by the…
“The de-escalation of inflation in the Greek market as well as in the international market is a fact. We see this trend from February onwards,” Apostolos Petalas, General Manager of…
The project of the Greece-Cyprus electricity interconnection is on track as the pending issues seem to have been finalized. According to sources, the Ministry of Environment and Energy is about…
The Hellenic Navy and the Armed Forces are turning the page in the context of the implementation of the “Agenda 2030” following the acquisition of the four Belharra frigates. National…
Prime Minister Kyriakos Mitsotakis met with the President of Turkey Recep Tayyip Erdogan in New York. The two leaders’ meeting was attended by the foreign ministers of the two countries,…
By Vassilis Korkidis, President of Piraeus Chamber of Commerce and Industry Small and medium sized enterprises in the wider Piraeus area continue to be on a development trajectory, while at…
The turnover of businesses in the retail sector showed a positive sign in July, according to the data announced by the Hellenic Statistical Authority (ELSTAT). For the enterprises in retail…
The last “barrier” for the promotion of the National Program for the Development of Offshore Wind in the Greek seas has been overcome. The first tender is expected to be…
The Draghi report has no chance of succeeding, said Evangelos Mytilineos, President and CEO of Metlen Energy & Metal as well as President of the Pan-European Association Eurometaux. As he…
Tourist arrivals increased but average expenditure per trip decreased, the President of the Panhellenic Federation of Hoteliers, Yiannis Hatzis, said in an interview with Naftemporiki TV, following the data of…
The management of Profile is reaping the fruits of its strategy in the fintech market, as shown by the financial results of the first half of 2024. The company said…
MEGA Disposables SA, one of the largest production units of personal hygiene products in Europe, which maintains 100% of its production in Greece, announced record sales and exports in 2023.…
The UAE ambassador in Athens, Ali Obaid Al Dhaheri, confirmed the interest of the United Arab Emirates in strengthening bilateral ties with Greece and especially in the economic sector. Speaking…
PPC Group received important distinctions in seven categories at the Developed Europe and Emerging EMEA Equities awards. The awards were organized by the internationally recognized publishing house Institutional Investor, specializing…
A total of 17,982,600 foreign tourists visited Greece in the first seven months of the year, boosting travel receipts to 10.953 billion euros, according to data released by the Bank…
The LNG adoption in the containership market remains strong, due to the attractiveness of the fuel price but also slower than expected production of green methanol. Shipbrokers noted to “Naftemporiki”…
Tikun Olam Greece, the first medical cannabis company in Greece, announced it has been awarded the GACP (Good Agricultural and Collection Practices) certification for the cultivation and production of medicinal…
There are 12 sectors of the Greek economy, in which employment increased during the second quarter of this year and essentially helped the unemployment rate to drop (9.8%) to single-digit…
A 33% tax on profits that exceed by 20% the average of the period 2018-2021 is expected to be imposed on refining companies. The money that will be raised is…
The European Commission issued the decision approving the EU financial contribution for the implementation of the project “Alexandroupolis Independent Natural Gas System (INGS)”, in the context of the Operational Program…
Progress has been recorded in the infrastructure projects built by Lamda Development in Ellinikon. In the largest of the projects, the construction of the 1.5 kilometer underground avenue of Poseidonos,…
The value of the Greek business software market is estimated at 400 million euros, and it is expected to double over the next 5 years, reaching 1 billion euros. These…
After the meeting between Prime Minister Kyriakos Mitsotakis and Cyprus President Nikos Christodoulidis, a Framework of Understanding was signed between the two countries, for the promotion of the Cyprus-Crete Electricity…
A spike in technological investments has been recorded lately with telecom providers leading the trend. More specifically, OTE has announced one of the largest investment programs, followed by Nova and…
Frigoglass announced it signed a legally binding agreement for the acquisition of foreign companies. The binding agreement concerns the Spanish companies Tricorporación, S.L. and World on – Premise España, S.L.,…
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 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…
