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Tuesday, 10 September 2024

Clothing: Small increase in retail sales in H1 – Exports continue to drop

A small increase in retail sales of clothing in the domestic market was recorded in the first half of 2024, while exports, on the other hand, continued their downward trend…

Employment: Improved outlook for Q4 – The most competitive industries

Greece’s employment prospects seem to have improved in the fourth quarter of 2024, the latest ManpowerGroup Hiring Outlook Survey showed. According to the survey, in which 524 Greek employers participated,…

Dimitriadis to “N”: The Superfund is evolving into a Public Investment Fund

The Superfund is evolving, changing and becoming a Public Investment Fund just like it is abroad, the CEO of the Superfund, Grigoris Dimitriadis, said speaking on “Naftemporiki TV”. He added…

Travlos: We will work with our European partners to secure shipping and Europe’s interests

The Hellenic Shipowners’ Association welcomes Mario Draghi’s report “The Future of the Competitiveness of the European Union”, published οn Tuesday, which recognizes the strategic role of shipping in defending European…

OTE sells Otesat – Maritel to Orbyt Global

OTE Group proceeded with the sale of its maritime communications subsidiary, Otesat – Maritel, to the related company, Orbyt Global. As the transaction, which was completed on Monday, is small…

Hatzigeorgiou το “N”: IMO has not yet found the desired alternative fuel

The inability of the International Maritime Organization (IMO) to determine a desirable fuel for shipping, in order to make the transition to the “green” era smoothly, is highlighted by the…

The 10 assets of the Athens stock market

High yields, attractive shares, strong profitability, generous dividends. These are some of the assets that the Athens Stock Exchange now offers, in an effort to attract new investors, to upgrade…

Laskaridis: Joint venture with a Chinese giant

The companies of the Panos Laskaridis group “Laskaridis Shipping” and “Lavinia Corporation” are launching a particularly dynamic and promising collaboration. The group entered into an agreement with China’s Liaoyu Group…

Skouries mining project: A major investment for Greece and Europe in progress

The transition to a zero-emissions economy, the shift to electrification and renewable energy sources, as well as progress in artificial intelligence, have spurred demand for critical mineral raw materials such…

Monday, 09 September 2024

IPTO: Focus on electrical interconnections

The inauguration of the Independent Power Transmission Operator (IPTO) in the context of the 88th Thessaloniki International Fair (TIF) was carried out by Environment and Energy Minister Theodoros Skylakakis, Deputy…

METKA acquires MT ATE for 14 million euros

METLEN Energy & Metals announced that its 100% subsidiary METKA ATE has signed an agreement for the acquisition of all shares of the company M.T. ATE. M.T. ATE was established…

American-Hellenic Chamber of Commerce highlights Greece’s significant perspectives in energy

The 8th Southeast Europe Energy Forum was organized in Thessaloniki by the American Hellenic Chamber of Commerce. In his statements to “Naftemporiki”, Alexandros Kostopoulos, secretary general of the Hellenic-American Chamber…

Sky Express: Partnership with ITA Airways, the Italian national carrier

Sky Express has announced its partnership with ITA Airways, the Italian national carrier. The new partnership further strengthens the network of strategic interline partnerships, creating new prospects for interconnecting the…

Ozdemir to “N”: We face the same challenges as Greece in the agricultural sector

German Minister of Agriculture, Cem Ozdemir, in his statement to Naftemporiki and Michalis Psilos, on the sidelines of the 88th TIF, spoke of “similar Greece-Germany challenges” in the agricultural sector.…

Energy security with strong partnerships

The Public Power Corporation’s (PPC) strategic intention to lead developments while effectively facing the current challenges was highlighted by the group’s president and CEO, George Stassis. In his speech at…

Mitsotakis to “N”: Greece will not experience austerity again

The country is not heading towards a new period of austerity, Prime Minister Kyriakos Mitsotakis stated in reply to a question by “Naftemporiki” during the press conference at the 88th…

Naftemporiki on your mobile! Instant and credible information with the new app

The website of naftemporiki.gr, one of the leading news media in Greece, provides reliable and quick information about developments in economy, markets, business, politics, sports and culture on the screen…

US Ambassador: “The transatlantic relationship is necessary”

The US is a pillar and defender of democracy and it is not going to withdraw from NATO and Europe, the US ambassador to Greece, George Tsunis, underlined addressing the…

Habeck to “N”: The business and economic cooperation between Greece and Germany is excellent

The German Vice-Chancellor and Federal Minister of Economic Affairs, Robert Habeck, commented on the economic cooperation between Greece and Germany with his statement to “Naftemporiki” and Michalis Psilos, on the…

Friday, 06 September 2024

Aegean Airlines: The deals, Olympic Air, the “setback” and the largest private investment

Aegean Airlines added another link in a long chain of business agreements aiming at its further development. The current president and main shareholder of the No.1 airline in Greece announced…

Banks: Reducing or abolishing commissions in transactions ahead of TIF

The elimination or reduction of commissions in specific categories of banking services, such as remittances and (re)issuance of cards, was announced by National Bank and Alpha Bank, following similar moves…

Out-of-court mechanism: Arrangements for initial debts at 7.52 billion – Up 50% in August

The out-of-court mechanism moved at significantly higher rates in August this year, compared to the corresponding month last year. More specifically, according to the data announced by the Ministry of…

278 -million- euro deals in the Athens office market in H1

The value of office transactions in Athens in the first half of the year stood at 278 million euros. In the same period, the new lease agreements concerned 75,000 square…

One in two newly built ships with alternative fuels

More than 50% of orderbook capacity on new vessels now have alternative fuel capability, according to Clarksons. In terms of the dual-fuel LNG vessel orders sector, they are reported to…

ELSTAT: Unemployment’s decline below 10% confirmed in Q2

The Hellenic Statistical Authority (ELSTAT) announced that its labor force survey for the second quarter of 2024 shows a decline in unemployment below 10% for the first time since 2009.…

Coastal shipping: Green transition begins from the islands of barren line

One of the main pillars of the Maritime Affairs and Insular Policy Ministry’s development policy is the green transition of shipping. For this reason, a meeting was held in the…

Record arrivals of Turkish tourists to the northern Aegean islands with the express visa program

The express visa program has brought a total of 54,373 additional Turkish tourists to the islands of the North-East Aegean since its implementation. Based on the program, tourists from Turkey…

IRIS: Over 3,000,000 citizens connected – 34 million transactions

The use of the IRIS service soared in 2024, as 1 in 2 citizens – i.e. more than 3 million – with activated web banking have now linked their accounts…

Piraeus Bank: A leading role in loans with ESG criteria

The leadership position of Piraeus Bank in the business lending market linked to sustainability is strengthened by the new Sustainability-Linked Loans Framework adopted by the Bank, Thanos Vlachopoulos, head of…

Thursday, 05 September 2024

National Bank: The reasons leading to a partial disinvestment of the HFSF

The government is aiming to maintain up to 8% in the National Bank in view of the disinvestment process that officially began on Thursday. “The intention of the Ministry of…