As the time approaches for the meeting of Foreign Ministers of Greece and Turkey, George Gerapetritis and Hakan Fidan, respectively, the prospects of an open or an underlying political confrontation…
The Independent Power Transmission Operator (IPTO) ensures increased energy reliability in the Ionian Islands with the upgrades of the Kefalonia-Zakynthos and Lefkada-Kefalonia electrical interconnections.
The tender for the project, with…
The funds available to the food sector – industry and retail – exceed 1.2 billion euros, in order to support the development plans that have been implemented and are about…
The number of visitors at the port of Heraklion, Crete, exceeded every expectation. More specifically, the milestone of 500,000 cruise passengers was surpassed.
On Sunday 3 November, during Mein Schiff…
The tourism industry has definitively left behind the problems created by the coronavirus pandemic, while it has shown resilience to geopolitical turmoil and economic difficulties and is looking ahead to…
The Salamis Shipyards successfully completed on October 10 and 11, 2024, the reactivation work as well as all the tests on the first two Island-type patrol vessels, with the two…
The Greek proposal for the creation of an Artificial Intelligence factory in Greece will be submitted in the next few days, following the relevant call of the European Commission in…
Costamare recorded profits of approximately 80 million dollars in the third quarter of 2024.
The shipping company listed on the US stock exchange also showed stable liquidity of more than…
Debit and credit card penetration among the general population is reaching record levels.
At the same time, an increasing number of merchants use payment cards on a daily basis, even…
The Independent Authority for Public Revenue (AADE) is intensifying its controls, focusing on taxis, street markets and other categories of professionals as of the current week.
At the same time,…
Speaking at the 6th Renewable & Storage Forum, the Vice President and General Manager of Technology, System Development & Strategy of the Independent Power Transmission Operator (IPTO), Ioannis Margaris, referred…
Eldorado Gold, the parent company of Hellenic Gold, presented the updated operational goals for 2024 during the announcement of the third quarter financial results.
Focusing on Greece, the company spoke…
Enearth submitted a request for additional EU funds for the underground carbon dioxide storage in Prinos.
The company is a subsidiary of Energean that is developing the project, with a…
Athens hotels occupancy rates decreased for the fifth month in a row.
More specifically, the overall hotel demand fell by 1.2% in September compared to the corresponding month in 2023.…
Aktor is expected to purchase Prodea’s portfolio of 56 properties with a discount of 3% and an average yield of 7%.
Prodea’s properties are valued (fair value 30/6/24) at 600…
The Ministry of Development announced the approval of 271 investment projects throughout Greece, with a total budget of 858 million euros.
The approvals concern 162 investments in tourism and 109…
Ο Αγιοτόκος Πόντος καμαρώνει για πολλά παιδιά του, καθώς αποτέλεσε γενέτειρα πλήθους γνωστών και άγνωστων σε εμάς (όχι όμως και στον Παντογνώστη Κύριο) μαρτύρων.
Ανάμεσα στους Aγίους του ξεχωρίζει η…
Cosmos Group expects a high growth rate of around 30% for the period 2025-2030 with turnover reaching 115 million euros by 2030.
More specifically, turnover is seen at 75 million…
Piraeus Bank announced a record nine-month normalized net profit of 932 million euros, corresponding to 0.72 euros per share, leading to an updated target of 0.90 euros for 2024.
Net…
The Observatory of the Ministry of Maritime Affairs and Insular Policy has recorded large discrepancies in the price of fares on more than 40 coastal shipping lines in the country.…
Piraeus Bank CEO Christos Megalou may be watching the bank heading for another year of strong profitability, which will unexpectedly be confirmed on Friday, when the financial figures for the…
Greek systemic banks are expected to show resilience to the double challenge of interest rate cuts and geopolitical tensions, according to banking sources and international financial institutions.
Piraeus Bank is…
A basic condition for the introduction of more RES units that will bring cheaper electricity is the construction of more electrical networks, the president and CEO of the Independent Power…
An important milestone in the expansion strategy of IKEA and the Fourlis Group is the opening of the sixth large store in Patras, in the Top Parks Shopping Park, on…
Νaftemporiki will be at the heart of the international tourism market for the third consecutive year, at WTM London, to be held on November 5-7, 2024, which is one of…
The Piraeus Port Authority (PPA) S.A. announced historically high performances during the presentation of the third quarter financial results.
“The Company continues its upward growth, achieving historically high performances that…
Energean’s new investment in the Karish field, with the installation of new equipment that allows for a significant increase in oil production, is expected to generate a profit of 1.5…
The three placements of the Hellenic Republic Asset Development Fund (Helleniq Energy, EYDAP, EYATH), expected to take place by the end of the year, have been transferred to 2025.
This…
The better-than-expected sales in Ellinikon makes Lamda Development able to proceed with the development of the area without borrowing, except for the construction of the large shopping center, The Ellinikon…
Aktor will use the 200 million euros of its share capital increase, which is estimated to be completed by the end of January 2025, for the financing of part of…
George Prokopiou further strengthened his presence in real estate following a significant deal for Astir Vouliagmenis.
The shipowner has reached an agreement in principle with the Arabs, who control the…
“The US seeks the continuous support and strengthening of its investments in Greece. It recently invested 125 million dollars in the Elefsis Shipyards, contributing decisively to the development of the…
Without the support of nuclear power, we have no chance of meeting our climate targets on time, while Renewable Energy Sources will play a major role in electricity, especially solar…
The Hellenic Republic Asset Development Fund (HRADF) announced the signing of the agreement for the sub-concession of the right to build, operate, manage and maintain the Mega Yachts Marina in…
The Centre for Planning and Economic Research (KEPE) outlined the complex economic scenario shaped by a series of positive but also worrying developments in the Greek economy.
It also highlighted…
Greece needs to invest heavily in human capital in order to bridge its productivity gap with other European nations, Martin Bijsterbosch (Mission Chief for Greece, European Central Bank) said in…
Deputy Minister of Environment and Energy Alexandra Sdoukou stressed the importance of proactive measures ahead of winter, when demand is seen higher, during the Conference of the Central and South-Eastern…
The construction sector has recorded a positive performance since the beginning of the year, maintaining the upward trend of the last few years, according to Alpha Bank’s data. In particular,…
Minister of Development, Takis Theodorikakos, accompanied by the General Secretary of Private Investments, Stellina Siarapi, visited the Elefsis Shipyards.
According to an announcement by the Ministry of Development, Theodorikakos met…
The gap in VAT, i.e. the money lost by the State due to non-collection of VAT, has been on a steady downward trend over the last years.
According to sources,…
New employment opportunities in various roles, regardless of gender, age, work experience or educational background have been opened in Skouries. Construction work on the copper and gold mining project is…
“We are turning the page, changing everything,” the president and CEO of Intrakat, Alexandros Exarchou, said during the presentation of the company’s plans for 2.0-billion-euro investments in real estate and…
The last move was made last week by Goldenport of the Dragni family. Together with Maas Capital and Allianz Marine Services, they established MAG Offshore and acquired a total of…
The new digital portal of the Ministry of Μaritime Affairs and Insular Policy “Passenger Rights” https://passengersynanp.yna.gov.gr/ was officially launched on Tuesday, informing about the rights of passengers in maritime transport.…
The president of the Athens Chamber of Tradesmen, Giannis Hatzitheodosiou, described as positive the initiative to reduce the prices of basic consumer products following the invitation of Development Minister, Takis…
Millions of people in the European Union are being left out of the EU labor market, even as the bloc struggles to close the productivity and competitiveness gap with the…
More than 350,000 Greeks of the brain drain generation – those who left during the crisis years in search of better employment opportunities – have returned. What made them come…
Sunlight Group announced the acquisition of the remaining 45% of its French subsidiary, a member of the Olympia group and a technology company specializing in innovative industrial electrification solutions.
Through…
Greek-owned ships in the Red Sea are at greatest risk of attack by the Houthi group and remain important targets along with ships from Western countries.
According to data from…
The IRIS system is expected to be made mandatory as of March or April in the entire market, according to the Minister of National Economy and Finance Kostis Hatzidakis.
So…
