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…
The ports of Piraeus in Greece and Port Said in Egypt are the ones facing the biggest impacts of the Red Sea crisis in the Eastern Mediterranean region, according to…
Greece’s fiscal targets for the period up to 2028 will be ‘locked’ at the end of the month, while it seems that there is no scope for new negotiations to…
Lamda Development’s total cash receipts from real estate sales in Ellinikon from the beginning of the project until late August amounted to 776 million, of which 297 million correspond to…
Moody’s and the potential upgrade of Greece’s credit rating to investment grade is in focus on Friday. The US rating agency is the only one that keeps the Greek debt…
A new attempt will be made to rescue the Greek-flagged tanker “Sounion” in the Red Sea, which remains anchored at 72 nautical miles west of Hodaida, Yemen. After the failed…
THEON INTERNATIONAL PLC (THEON), a leading developer and manufacturer of customizable night vision and thermal imaging systems for defense and security applications and EXOSENS, a high-tech company focused on providing…
The Independent Public Revenue Authority (AADE) will offer a new service to citizens as of September 13. This is the possibility of declaring a foreign IBAN account, maintained within the…
Tsakos Energy Navigation’s contracted revenue for the coming years amounts to 2 billion dollars, while dividends to shareholders for 2024 are higher by 50% compared to 2023. The NYSE-listed company,…
TITAN Group announced the creation of a Sustainability-Linked Financing Framework, in alignment with its goals for reducing greenhouse gas emissions, which have been validated by the Science Based Targets initiative…
Energy-RES-Hydrogen, shipping-ports, thermal tourism, industrial products for smart buildings, are some of the sectors in which the 88th TIF, with Germany as the Honored Country, lays the foundations for the…
An investment gap that can reach as much as 5 billion euros has been recorded in the upgrade of water supply networks, especially if the lack of rain continues as…
Greece, Bulgaria and Romania’s Energy Minister decided to send a joint letter to the European Commission in order to ensure a more immediate reaction in periods of sharp rise in…
Ο υπουργός Εξωτερικών των ΗΠΑ Άντονι Μπλίνκεν θα συναντηθεί με την πολωνική ηγεσία αυτή την Πέμπτη 12 Σεπτεμβρίου για να βρουν κοινούς στόχους για τον πόλεμο στην Ουκρανία, σε μια…
French company Data4 has announced the creation of a new data center campus in Attiki (Paiania region), an investment of 300 million euros. It is part of its total expansion…
Attica Group’s turnover shows an increase in both geographical areas of activity (Greek shipping and international shipping) in the first half of 2024. More specifically, consolidated turnover rose 29.9%, reaching…
Leading Greek shipping companies renew their fleet by selling their oldest ships. Costamare of Kostis Konstantakopoulos, Star Bulk of Petros Pappas, Maran Dry of the Maria Angelikoussis group, but also…
Cruises are a success story for Greece, having contributed 1.4 billion euros to the Greek economy by 2022, the Cruise Lines International Association (CLIA) said, adding that it has made…
Evangelos Mytilineos, managing director of Metlen Energy & Metals and president of Eurometaux, sees the impact of Draghi’s proposals on European industry as positive. In his post on social networks…
INTRALOT S.A. announced that its subsidiary INTRALOT Australia has signed an extension of its contract with Lotterywest, the state lottery in Western Australia, for an additional two years and with…
AEGEAN announced that it continued to grow, offering 5.4 million seats, 9% more than in 2023, with passenger traffic up 8%. Growth was balanced between the international network with 2.6…
The United States invest in Greece’s success, US Ambassador to Greece George Tsunis said in an interview with “Naftemporiki” and Michalis Psilos, adding that he’s proud of the work the…
Trastor AEEAP will enter the Cyprus market following the acquisition of an emblematic mixed-use property, under the name Labs Tower, valued at 39 million, with the prospect of further strengthening…
A series of new shipbuildings has been recorded lately following the summer slow period. According to Lloyd’s data, a total of 123 orders, with a total value of more than…
