The developments in the Red Sea have not significantly affected the port of Thessaloniki despite the fact that the Houthi rebels’ attacks have cost in time and money. “A third…
Intralot announced the extension of its contract with La Marocaine Des Jeux et Des Sports (MDJS), the state lottery offering sports betting and other games of chance in Morocco. According…
The war conflicts in Ukraine and the Middle East, the soaring prices in Europe and the lack of marinas in Attica are the main problems of the yachting industry, according…
Property prices for rent and sale rose across the country at the end of 2023, according to a research by Spitogatos Insights based on the Spitogatos Price Index (SPI). More…
The electrical and electronics sector is being prepared for the new generation of products, following the convergence of the energy sector with the retail sector and the expansion of artificial…
Banks see positively the possibility of a reduction in interest rates, even a small one, in 2024, since they consider it would stimulate credit expansion and therefore enhance the sustainability…
Prime Minister Kyriakos Mitsotakis outlined the government’s plan to render Greece an exporter of green energy at least to the Balkan countries during his participation in a round table discussion…
Greece is in an advantageous position, given the conditions, in the global luxury real estate market, according to the fourth annual report Luxury Outlook by Sotheby’s International Realty. The report…
The electricity interconnection between Crete-Attica is being implemented faster than similar projects in other EU countries, according to the Independent Power Transmission Operator (IPTO). Based on the program, the conclusion…
Freight rates for transporting a container from China’s ports to Europe have increased by 160% since January 1, as ships are forced to reroute around the southern tip of Africa,…
Lavrion Port Authority said that its revenues rose 44% in 2023. More specifically, revenues amounted to 6.5 million euros compared to 6.3 million euros in 2022, while the fiscal result…
The huge prospects of the ports of the Balkans and the role they can play towards the economic development of the states of the wider region dominated the talks in…
The Piraeus Chamber of Commerce and Industry, as a body that represents import and export trade in the country’s largest port, asked for the Greek government’s intervention to the European…
“Greek shipowners are back”. After a two-year absence, the world’s largest shipping nation made a strong comeback in 2023, topping both new vessels and secondhand ship purchases. According to official…
The network of publicly accessible DEI blue chargers nationwide is constantly growing. At the end of 2023, DEI blue charging points exceeded 2,000 throughout the country, facilitating electric vehicle drivers…
Jumbo Group announced a 14% increase in its 2023 sales, breaking the 1.0 billion euro threshold and the management’s estimate for a 12% growth rate in the year. Sales increased…
Prime Minister Kyriakos Mitsotakis will visit Davos, Switzerland, to attend the World Economic Forum. According to government sources, Mitsotakis is expected to stress that Greece emerges as a force of…
The road opens with the issuance of the building permit for the main construction works of the Commercial Hub, one of the developments in Elliniko, which includes the shopping center,…
The Public Debt Management Agency (PDMA) will proceed on Wednesday with the reissuance of the 5-year bond that was auctioned in April 2023 with the aim of raising 250 million…
Gambling Games recorded an upward trend in the 11-month period of 2023, according to the data of the Hellenic Gaming Commission (HGC). More specifically, the total turnover that includes all…
The Minister of Maritime Affairs and Island Policy, Christos Stylianides, is visiting Ankara on Wednesday, in order to meet with Turkish Interior Minister Ali Yerlikaya. Talks will focus on the…
The Houthis officially took responsibility for the missile attack against the Greek-owned cargo ship “Zografia” which was heading to Israel. Their spokesman Yahya Saree confirmed in a statement that the…
“The energy crisis highlights in a compelling way the need for a common European energy policy. The needs of the economy impose a common policy,” Minister of National Economy and…
Inflationary pressures continue to affect the supermarkets’ turnover as consumers opt for cheaper purchases and increasingly turn to private label products. According to the data of the research company Circana…
The Greek-owned dry bulk carrier ZOGRAFIA was attacked by a missile while transiting the Red Sea to the north, 76 nautical miles northwest of the port of SALEEF, Yemen. Serious…
Credit expansion this year will be clearly better than last year, according to market representatives, adding that it could reach up to 8 billion euros. The main reasons are the…
2023 closed positively in terms of cruise ship calls to Greek ports. Awaiting the data published by the Hellenic Ports Association every year, Theodoros Kontes, director of Majestic International Cruises,…
A proposal that reportedly leaves all possibilities open regarding the placement of Piraeus Bank, was presented by BofA as an adviser to the Hellenic Financial Stability Fund (HFSF). BofA’s proposal…
The government expects revenue of 700-800 million euros from the listing of the Athens International Airport (AIA) to the Athens Stock Exchange, which is expected to take place in mid-February,…
Greece plans to submit two requests with the aim of disbursing a total amount of 6.9 billion euros from the Recovery and Resilience Facility, both in grants and loans, within…
“Greece’s return to investment grade, last year, marks the return to normalcy and the beginning of a new effort to enhance the prosperity of the Greek people,” Bank of Greece…
Prime Minister Kyriakos Mitsotakis will travel to Davos, Switzerland on Wednesday, January 17, to participate in the Davos World Economic Forum. The prime minister will have meetings with leading business…
Αccording to information from shipping brokerage sources, Brave Maritime Corp has just received four new state-of-the-art ammonia transport ships, each with a capacity of 40,000 cubic meters from the Hyundai…
The Swedish company Diaverum announced its entry into the Greek market with the acquisition of a network of 6 clinics for the provision of kidney care services. Diaverum is an…
US funds have recently targeted the liquefied natural gas markets and the shipping sector. Floating storage and regasification units (FSRUs) hava attracted the US interest, as the US now controls…
General Director EFPIA (European Federation of Pharmaceutical Industries and Associations, Belgium) Natalie Moll, speaking to “N”, explains the problems that the new pharmaceutical legislation will bring to all member states…
The European Commission is planning bold measures to strengthen businesses, in order to face competition problems. But above all, providing incentives to companies so as not to get lured by…
Τhe annual growth rate of technology absorption in Greece stands at +10%, according to the conclusions of internal investigations by the competent European bodies. Makis Savvidis, representative for Greece in…
The Minister of National Economy and Finance, Kostis Hatzidakis, is departing for Brussels in order to participate in the Eurogroup and Ecofin meetings. The Eurogroup meeting will be held on…
What politics sometimes cannot achieve, economy can. And this is probably what JP Morgan had in mind when it coupled the markets of Athens and Istanbul in its future plans.…
Jamie Dimon, CEO of JP Morgan, expressed his worries over the prospects of the global economy. And when Dimon worries, so does much of the Wall Street investment community and…
Iran-backed Houthi rebels have stepped up their attacks on merchant ships in the Red Sea over the last days, targeting them with missiles or drones. The Port of Piraeus, “which…
The Development Ministry approved the incentives to Microsoft for the implementation of a strategic investment of three data centers, with a total budget of 976.168 million euros (without VAT). More…
The Sanoptis Group, one of the largest providers of ophthalmological services in Europe, is investing in Greece. More specifically, the Swiss group Sanoptis is investing in Private Day Care Units…
Greek start-up Harbor Lab continues its expansion as it announced that it has joined forces with Great Eastern Shipping, India’s largest private shipping company. “This agreement marks the beginning of…
As of November 2024, Celestyal Journey will visit four new countries (Qatar, UAE, Bahrain and Oman) and six new ports (Doha, Bahrain, Dubai, Khasab, Sir Bani Yas and Abu Dhabi)…
The Greek-owned tanker St. Nikolas, sailing under a Marshall Islands flag, that had been seized after a court order by an Iranian group of five gunmen off the coast of…
The number of ships in the ONEX Group Shipyards is constantly increasing. A total of 500 ships of all kinds, Greek and foreign, have completed their repair work at the…
The Greek pharmaceutical biotechnology company GENESIS Pharma signed an agreement with Deciphera Pharmaceuticals for the exclusive distribution of Ripretinib in 14 markets of Central and Eastern Europe. Based on the…
The absorption of European programs and the financing of “green” shipping dominated the meetings of Minister of Maritime Affairs Christos Stylianides with officials of the European Commission, in Brussels, from…
