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Tuesday, 27 Αυγούστου 2024

UN condemns the Houthi strike on a Greek-owned ship – SOS for the Red Sea

“We unequivocally condemn the attacks on the vessel, which endanger the ecosystem, the people and the seamen,”  the UN said referring to the Houthi attack on the Greek-flagged tanker Sounion,…

“The employment conditions in the PPA and the contribution to the Greek labor market”

Since 1972, when diplomatic relations between Greece and China were established, the two countries enjoy good relations. During the last decade Greece and China have increased their cooperation, especially in…

The performance of Greek refineries on the spotlight

Investors are turning to the corporate figures of the two refineries, with Motor Oil making the debut on Wednesday (28/8). On Thursday (29/08) is the turn of Helleniq Energy, announcing…

BioNTech to “N”: We are preparing vaccines for other cancers besides lung cancer

The news that trials of the world’s first mRNA vaccine for lung cancer have begun in patients spread quickly in the previous days with experts talking about “groundbreaking” possibilities and…

Price rises brewing for Greek consumers

A series of price increases is expected to affect family budgets as of September. More specifically, new increases in basic products such as oil, dairy products, fruit and vegetables are…

“Greece ranks 16th in terms of household net disposable income”

On the occasion of two articles published by KEPE regarding the salaries, wages and purchasing power of Greek citizens and especially families with children, the Ministry of National Economy and…

Greek budget: Tax revenue climb 2.19 billion above the target in 7 months

Tax revenues rose by 2.19 billion euros compared to the target in the period January-July 2024, according to the state budget execution data, on a modified cash basis. More specifically,…

Monday, 26 Αυγούστου 2024

Intralot extends its contracts in Ireland and the Netherlands

Intralot announced that its subsidiary in Ireland, Intralot Ireland Ltd., has signed a three-year (3) contract extension, through November 2027, with Premier Lotteries Ireland DAC (PLI). This extension allows Intralot…

Greek shipowners sign long-term charter agreements

Greek shipowners are capitalizing on the demand of container ship charterers for multi-year contracts. The crisis in the Red Sea has drastically changed the landscape of the containerships market. At…

Tourism a blessing and a curse at the same time

We are at the peak of the tourist season and the first conclusions, not so much about the financial results, but about the problems that have accumulated in the sector,…

The plan to raise salaries in the private sector – Collective labor agreements is the key

Only 31.6% of workers in the private sector are covered by a Collective Labor Agreement, something that negatively affects wages. This is a result of the financial crisis and memoranda,…

“Daleela” will continue to connect Greece – Cyprus

Cyprus decided to extend the Agreement for the execution of the Cyprus-Greece Maritime Passenger Connection for a further 3 years (2025, 2026, 2027). It is noted that this particular line…

Bank of Cyprus to return on the Athens stock exchange as soon as September

Bank of Cyprus has been absent from the Athens stock market for almost eleven years and six months. However, this is expected to change, as the “renewed” and freed from…

Aspides operation: Greek-flagged vessel Sounion still on fire; no signs of oil spill

The Greek-flagged ship Sounion has been on fire since August 23 after an attack by Yemen’s Houthis with no obvious signs of an oil spill, EU Red Sea naval mission…

Mitsotakis at TIF: Measures are contained due to the implementation of new fiscal rules

The implementation of the new fiscal rules narrows the margins of the financial staff for granting benefits in the next period of time, in view of the Prime Minister’s speech…

Water shortage in Greece: EYDAP enhances the water supply network of Athens

The Athens Water Supply and Sewerage Company (EYDAP) has resorted to the extra sources of water supply to enhance the network due to the prolonged water shortage. “These are the…

Greek government’s plans to enhance the supply of rental houses

The housing crisis – skyrocketing rents and lack of housing supply – is one of the issues that Prime Minister, Kyriakos Mitsotakis, will raise at the upcoming Thessaloniki International Fair…

Friday, 23 Αυγούστου 2024

Papastratos: Extroversion strategy – Higher exports by 58 million euros

Papastratos’ financial results  moved upwards in 2023, reflecting the company’s extroversion strategy but also the dynamics of the investments it has made in recent years for its evolution into a…

C3is (Haris Vafias): Turnover soars to record high

C3is Inc., owned by Haris Vafias, seems optimistic that it can cope with the risks and challenges that accompany the shipping market. “The shipping industry is at a critical juncture…

RescEU: Production of the new Canadair starts

The European Commission announced that the production of 12 new DHC 515 firefighting aircraft, an improved version of the Canadair 415, is underway. These aircraft will be permanently stationed in…

AADE to launch digital audits on licence plates, customer lists and property owners in September

The Independent Public Revenue Authority (AADE) is speeding up the procedures for the implementation of a series of new digital audits as of September. From next month, the digital control…

Cosmote TV and Netflix: Two services with one subscription

Telekom Group’s collaboration with Netflix through COSMOTE TV is expanding. COSMOTE TV subscribers will be able to enjoy even richer television and film content, earning a 2.0-euro discount, having the…

Kotzamanidis: The beginning, the stock rally and the 23-million-euro gains

The company was listed on the Alternative Market of the Athens Stock Exchange with a turnover of 7.1 million euros and net profits of 1.1 million euros. The gradual expansion…

PPA: The port’s workplace safety regulations are fully in line with current legislation

The regulations of the Piraeus Port Authority SA are fully harmonized with the current legislation for the protection of health and safety in the workplace, according to a statement by…

Lakki Leros: Restoration of the port with a budget of 800,000 euros

The project of restoring the port of Lakki on the island of Leros, where passenger ferries of the Piraeus-Rhodes line approach, has been included in the National Recovery and Resilience…

Andriopoulos: From McDonalds and Superfast to Dimand; the stock rally and the 180-million-euro profits

Dimand’s share has recorded an impressive rally, which exceeds +20% on the Athens stock exchange, having climbed from 8 euros to nearly 10 euros in two months. The founder and…

Athens – Piraeus a step higher as a global shipping center

The Athens/Piraeus ecosystem showed its strength in the field of ship management, gaining a place in the list of the world’s leading shipping centers. The survey, prepared on an annual…

Thursday, 22 Αυγούστου 2024

Banks: The reasons why stress tests will be stricter in 2025

The banking industry will face a “perfect storm” from the beginning of 2025 with the next, stricter stress tests that the European Banking Authority (EBA) will carry out together with…

How Greek workers became the poorest in Europe, even compared to Bulgaria

Why is purchasing power in decline when GDP is rising and unemployment is falling? This is essentially the big question and the thorn of the Greek economy. An economy that…

Greek-flagged tanker Sounion abandoned after Red Sea attack

An unmanned surface vehicle (USV) was successfully neutralized on Thursday morning by a frigate located at the site, which had been called to provide protection, at the request of the…