The Labor and Social Security Ministry’s digital platform “Rebrain Greece”, which is evolving into a modern interface between the supply and demand of highly skilled workers, helps Greek businesses to…
The two medium-sized, low-pressure LCO2 (liquid carbon dioxide) carriers (with ammonia dual-fuel capability) ordered by Capital Gas Ship Management at Hyundai Mipo Dockyard will join the Lloyd’s Register classification. The…
The geopolitical developments and the war conflicts in Ukraine and the Middle East that could lead to a revival of the energy crisis, but also the uncertainty over the course…
The chief of the Independent Public Revenue Authority (AADE), George Pitsilis, addressing the economic conference organized by “Naftemporiki”, announced the introduction of artificial intelligence platforms such as chatbots to the…
The design of ships, and especially dry bulk carriers, presents particular challenges in decarbonizing existing ships, according to the conclusions of a forum organized by Intercargo in Athens. More specifically,…
Kotsovolos is expanding into the energy sector and specifically in the market of Renewable Energy Sources. More specifically, it is undertaking energy projects related to the study and implementation of…
Minister of Maritime Affairs and Insular Policy, Christos Stylianidis, speaking at the 33rd session of the Assembly of the International Maritime Organization (IMO) stressed the need to ensure the sustainability…
Greece has recently been upgraded in the fields of investments, exports, environment and the labor market, through the training of employees, research and innovation. These are the main points that…
The proposed five-year action plan of the International Cruise Association for the development of the sector in Greece focuses on five pillars, with emphasis mainly on the extension of the…
“The government continues to do what it knows well; to reform, improve and promote the good image of the country,” Minister of Digital Governance, Dimitris Papastergiou, said on the sidelines…
There is intense activity in the LPG carrier market as strong charters motivate shipping companies to invest in modern tonnage. More specifically, Benelux Overseas has reportedly ordered two medium-sized vessels,…
The full operation of the Elefsis and Syros Shipyards is expected to bring revenues of at least 500 million euros per year to the ONEX Group. As the president and…
Banks focused on taking advantage of the current conditions and the success story during the second day of the Morgan Stanley conference held in London. It is worth noting that…
The European Commission endorsed a positive preliminary assessment of Greece’s third payment request of 3.64 billion euros, 1.69 billion euros in grants, and 1.95 billion euros in loans, under the…
The fourth and last panel of the Economic and Business Conference organized by ‘Naftemporiki’ was focused on the business environment, as it is formed after the recovery of the investment…
Net credit expansion will be strengthened in 2024 thanks to the strong growth rate of the economy and European resources, which are estimated to exceed 60 billion euros by 2027,…
The Greek market is turning into “El Dorado” as almost 3 million Europeans are potential buyers of holiday homes. According to an analysis carried out by Elxis, a Greek company…
Alternate Economy and Finance Minister, Nikos Papathanasis, highlighted the government’s commitment to reforms, as well as the network of tools it is mobilizing to implement it. “We are a reformist…
Greece is being upgraded and leading the way, Development Minister Kostas Skrekas said during the economic and business conference organized by ‘Naftemporki.’ “Greece, which was the black sheep of Europe,…
Greece’s economic progress and the challenges it still faces were highlighted by Mr Spyros Ktenas, general manager of “Naftemporiki” group, while opening the proceedings of the Economic and Business Conference.…
The climate in the economy and entrepreneurship after the recovery of the investment grade and the reforms-catalysts for the development course dominated the conference held by “Naftemporiki.” “The Greek economy…
Almost all of Piraeus Bank’s transactions (97%) are now carried out digitally, its CEO Christos Megalou pointed out, speaking at the Financial Times international conference “Global Banking Summit” on “Leadership…
Almost all of Piraeus Bank’s transactions (97%) are now carried out digitally, its CEO Christos Megalou pointed out, speaking at the Financial Times international conference “Global Banking Summit” on “Leadership…
Greek Prime Minister Kyriakos Mitsotakis expressed his dismay that British Prime Minister Rishi Sunak cancelled their scheduled meeting in London “a few hours before it was due.” The two leaders…
Shipping Minister Christos Stylianidis, speaking at the IMO general assembly in London, outlined the four issues on which the International Maritime Organization must work, in order to strengthen human capital.…
Evangelos Mytilineos participated in the panel on Energy Transition in Greece, as part of the conference organized by Morgan Stanley and the Athens Stock Exchange, in London. Asked what the…
Taxpayers will be faced with high taxes and soaring prices in 2024, as, in addition to the successive “waves” of price increases in products and services, they will also have…
“Naftemporiki” will organize an economic and business conference on Tuesday, November 28, 2023, at the Zappeion Mansion, from 11:30 to 18:30. The agenda of the conference includes economic and business…
The restoration of infrastructure in large areas of the country, after the disasters of the summer, combined with a significant number of projects in the tender process triggered changes in…
The Independent Public Revenue Authority (AADE) announced that the POS-cash register interface project is being implemented within the planned schedule. As part of the project, a total of 1,070,000 POS…
The Greek state budget recorded a primary surplus of 6.1 billion euros in January-October, up from a budget target for a surplus of 5.6 billion euros, the Finance ministry said…
Receipts from privatizations are expected to reach record highs in 2024, as revenues are expected to exceed 5.77 billion euros. It is the biggest annual performance since at least 2010,…
Greek shipping companies are strengthening their fleets with modern bulk carriers, taking advantage of the opportunities offered by the secondary market. Thenamaris ConBulk recently added a large capesize cargo ship…
Atlas Maritime expands its newbuild investment program, having agreed to build two more tankers in South Korea. More specifically, the Greek shipping company signed a contract for two suezmax (with…
The Hellenic Statistical Authority (ELSTAT) recorded an explosive increase in auctions in 2022. More specifically, auctions rose to 5,760, a decade-long record. Real estate transactions also rose as 112,283 deeds…
The Ministry of National Economy and Finance, through the “Competitiveness” program of the NSRF 2021-2027, is planning to enhance liquidity for the support of small and medium enterprises (SMEs) by…
Important issues of international shipping, including the path to decarbonization by 2050, will dominate the 33rd general assembly of the International Maritime Organization (IMO) in London, starting today. The IMO…
Shipbuilder George Prokopiou plans to turn the Skaramangas Shipyards into a center of sustainable, green development and technological innovation, oriented towards the sea. The Greek shipowner, who owns the second…
Elefsis and Neorion shipyards in Syros are turning a new page in the shipbuilding industry. The overall impact on the Greek economy from the reopening of the Elefsis Shipyards is…
Retails are cautious over their estimates on Black Friday, speaking of “relatively good performance in stores.” They explained that this year’s Black Friday cannot be compared with the previous ones…
The next stop for investors is London, where the Morgan Stanley conference will be held. The conference is organized together with the Stock Exchange, on November 27 and 28, in…
Lending linked to Environmental, Social and Governance (ESG) factors is gaining ground in the Greek shipping and banking community. Certain green or social goals are set for the shipping companies,…
Stricter rules will be applied for debtors as of 2024, with the simultaneous activation of all the measures of the Public Revenue Collection Code. Measures that, among others, provide for…
Products included in the so-called ‘permanent price reduction’ initiative showed a 15-20% increase in turnover. It is reminded that the initiative refers to the commitment to reduce prices by at…
A draft law aiming to further reduce non-performing loans in banks’ portfolios via the expansion of the “Hercules” program was tabled in Parliament. More specifically, it provides measures to enhance…
The liners are negotiating new shipyard contracts, defying the large downturn in the containership market after the two-year rally of 2021-2022, the huge order book of 8 million TEUs, and…
Hellenic Gas Transmission Operator (DESFA) is making steady steps towards a clean energy future through the continuous development of its system and the reduction of the environmental footprint of its…
The acceleration of the second electrical interconnection between Greece and Italy dominated the meeting held in Athens by the managing director of the Independent Power Transmission Operator (IPTO) Manos Manousakis…
Tsakos Energy Navigation (TEN) recorded a 160% increase in profits in the nine months of 2023, reaching 272 million dollars, while the rest of the company’s revenue reached 1.4 billion…
A strong shipping company is being created in Greece and Europe, following the green light of the Attica Group and ANEK shareholders regarding the merger of the two companies. The…
