Greek Prime Minister Kyriakos Mitsotakis congratulated Donald Trump on his election victory on Wednesday. “Congratulations Donald Trump on your election victory. Greece looks forward to further deepening the strategic partnership…
Greece needs to proceed with its productive transformation and strengthening of its extroversion, Minister of Development Takis Theodorikakos said at the 7th Athens Investment Forum: “Greece as a Stable Development…
A supplementary budget of 400 million euros for the immediate financing of important projects and infrastructures was submitted as part of the tax bill, which was put to public consultation…
Greece can be a key growth pillar in SE Europe, the CEO of Alpha Bank Group, Vassilis Psaltis, said from the stage of the 7th Athens Investment Forum. Psaltis highlighted…
Navios Maritime Partners announced an increase in revenue which was attributed to higher profits from the bulker market. More specifically, the US listed company recorded revenue of 340.835 million dollars…
Visibility in the planning of projects, timely payment of debts from the State, realistic review of costs and incentives for the employment of new workers in the construction industry are…
Investments must be strengthened, both at national and EU level, the CEO of Eurobank, Fokion Karavias, said at the “7th Athens Investment Forum” conference, adding that the Recovery and Resilience…
Forty-five Greek companies presented the production and export prospects of Greek fruits and vegetables in Madrid, in the context of the leading international exhibition of fruits and vegetables “Fruit Attraction.”…
Terna Energy undertook the project “Monitoring system for commercial vehicles and containers” of the Action “Digital Transformation of tax and customs authorities” for the total amount of 64.280 million euros…
INTRALOT S.A. announced the undertaking of a new project between the British Columbia Lottery Corporation (BCLC), the sole lottery operator for the Government of British Columbia in Canada, and INTRALOT…
Everyone is interested in the US election results, where two different worlds and two different visions will compete. Even the listed companies on the Athens stock market are waiting for…
The rekindling of investment activity recorded in the last twelve months is spread across the entire spectrum of business activity and is not one-dimensional, a development that is particularly positive.…
Funds exceeding 78 billion euros have been invested in Greek companies over the last 12 months. As a result the market seems to be recovering its pace as well as…
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…
