Main opposition SYRIZA-Progressive Alliance leader Stefanos Kasselakis met with the vice-president of the European Commission, Margaritis Schinas, in Brussels. According to SYRIZA sources, Kasselakis stressed the importance of promoting a…
Dramatic developments in the Middle East and the issue of civilians in Gaza will be discussed at the International Humanitarian Conference, organized by French President Emmanuel Macron, on Wednesday, in…
The Hellenic Republic Asset Development Fund (HRADF) received one offer for the property in the Sani area, Kassandra municipality, Halkidiki Regional Unit. The offer was submitted by the company “Sani…
The organization of the Economic – Business Conference of Naftemporiki, which will be held on November 22, 2023, at the Zappeion Mansion, is in the final stretch. The main thematic…
The Greek banking sector has positive prospects, according to the Bank of Greece (BoG) Financial Stability Report published on Wednesday. More specifically, the Greek sovereign’s return to investment grade mitigates…
The VLCC market seems to be entering a strong upward cycle, as environmental regulations and geopolitical conditions will lead to lower speeds and, by extension, limited tonnage supply. “The real…
The Greek shipowners are increasing the rate of new shipbuilding projects. After a two-year period of slowdown, mainly due to the uncertainty surrounding the new green fuels, Greek shipowners’ orders…
The Competition Commission gave the green light to Intrakat for the acquisition of all the shares of Aktor. Following the approval, Intrakat Group’s vision of creating a strong pillar in…
Prime Minister Kyriakos Mitsotakis will participate on Wednesday in the international humanitarian conference in Gaza, which is being held at the initiative of French President Emmanuel Macron in Paris. It…
Insurance companies have paid the largest amount of compensation since 1993. According to a report compiled by the Hellenic Association of Insurance Companies (HAIC), money paid for property damages inflicted…
The president and managing director of Mytilineos, Evangelos Mytilineos, speaking at a conference organised by think tank ‘Kyklos Ideon’, said he was positive about the prospect of a parallel trading…
The Hellenic-American Chamber of Commerce and the Leadership Committee organized an event in order to inform young people, aged 17-28, about the developments in the labor market and the prospects…
The Greek National Tourist Organization (GNTO) will continue its tourism campaign, focusing on the human factor as well as sustainability, the General Secretary of the Organization, Dimitris Fragakis, said on…
Greek exports amounted to 38.0 billion euros in the period January-September 2023, recording a decrease of 6.4%, i.e. 2.6 billion euros compared to the corresponding period of 2022, when they…
Prime Minister Kyriakos Mitsotakis met with European Investment Bank (EIB) president Werner Hoyer on Tuesday in Athens. The meeting took place on the occasion of the signing of the agreement…
Bank of Greece governor Yannis Stournaras underlined the importance of re-examining tax exemptions, explaining that “the country needs revenue.” Addressing a conference organized by ‘Kyklos Ideon’ think tank, Stournaras reiterated…
Agreements for the construction of bulk carriers by Greek shipowners are increasing this year, with interest mainly focused on medium-sized kamsarmax vessels. New orders have reportedly been placed by TMS…
“Naftemporiki” organizes the Economic – Business Conference entitled “Up-grading Greece”, which will take place on Wednesday 22 November 2023, 11.30-18.30, at the Zappeion Mansion. The main topic of the conference…
Most visitors to Greece in 2024 will be British, taking the lead again after several years, Tourism Minister Olga Kefalogianni said in an interview with “Naftemporiki” in the framework of…
The Independent Public Revenue Authority (AADE) has carried out 67,000 audits from the beginning of the year until October 31, in an effort to combat tax evasion. During the audits,…
The joint venture Terna-Intrakat was declared temporary contractor by Egnatia Odos S.A. for two projects, with a total budget of approximately 160 million euros (including VAT), related to the operation…
“We are building shipyards for the Greek shipowners,” the president and CEO of the ONEX Shipyards & Technologies group, Panos Xenokostas, said during the signing of the financing agreement for…
Grid Telecom, a subsidiary company of Independent Power Transmission Operator (IPTO), and the Operator of the Electricity Transmission System of Bulgaria, ESO EAD, signed a Memorandum of Cooperation aiming at…
The board of directors of the Association of Banking & Finance Executives of Hellenic Shipping met with high-ranking officials of the Korea Shipowners’ Association (KSA) and the Korea Institute of…
Prime Minister Kyriakos Mitsotakis spoke on the phone with US Secretary of State Antony Blinken and discussed the latest developments in the Middle East as well as the humanitarian aid…
Travel operators and tourism representatives are sending positive messages for 2024, following their contacts in the World Travel Market, which opened its gates in London on November 6. They even…
A C-130 aircraft of the Hellenic AirForce carrying humanitarian aid for Gaza civilians landed at Egypt’s El Arish airport on Monday. The Greek Ambassador to Egypt received the humanitarian aid…
Aegean Airlines announced that the Hellenic Republic notified of its intention to exercise the rights granted by all the warrants it holds on the company’s shares on November 3, 2023.…
After the official announcement of the final agreement between PPC and Kotsovolos, amounting to 200 million euros, a new landscape is formed in electrical and electronics market both those directly…
The World Travel Market 2023, one of the largest tourism exhibitions in the world, opens its gates on Monday. The Greek National Tourism Organization (GNTO) will be present in the…
The index of business expectations in Information Technology and Software Development showed a slight deterioration, according to the data of the Foundation for Economic and Industrial Research (IOBE). More specifically,…
Public Power Corporation (PPC) announced an agreement with Currys for the acquisition of Kotsovolos with a price that corresponds to an enterprise value of 200 million euros, on a debt…
Greece and China have a strong economic relationship, Prime Minister Kyriakos Mitsotakis stressed during the meeting he had with Chinese President Xi Jinping, while pointing out the strengthening of the…
The Ministry of Development imposed on Thursday a fine of 2 million euros on two multinational companies for unfair commercial practices. More specifically, Development Minister Kostas Skrekas imposed the maximum…
The need to stimulate connectivity investments in the Balkan region, especially in the railway network, dominated the second day of the proceedings of the International Forum on Interconnectivity in SE…
Dry bulk carriers’ total operating expenses rose from 5% to 9% in 2022 in the various ship categories, with the largest increase of 9% recorded in Handysize ships, according to…
Desquared company is planning the further development of its products aiming at the global market, after its entry into the share capital of Deutsche Telekom (main shareholder of OTE) as…
Minerva food company is proceeding with the spin-off of the activity of feta and white cheese production and the creation of a new company, which last year showed its resilience…
Minister of Shipping and Insular Policy, Christos Stylianides, and the managing director of the Finnish shipyard “Marine Alutech OY AB”, Niko Haro, signed a contract, in the presence of the…
Greece could constitute a bridge between the EU and China for a more balanced relationship due to cultural ties and geopolitical position. Prime Minister Kyriakos Mitsotakis is paying an official…
Deputy Foreign Minister for Economic Diplomacy and Openness Kostas Fragogiannis, accompanied by the general secretary of international economic relations and openness Maira Myrogianni, will visit China on Thursday. Fragogiannis will…
Agreements for the purchase and sale of oil product tankers have been increasing over the last weeks, and Greek shipowners are once again playing a leading role. “The market for…
Public Power Corporation (PPC SA) has successfully completed the obligations undertaken towards the Greek government for the sale of Greek-power forward products to third parties during the last three years.…
Infrastructure and Transport Minister Christos Staikouras will accompany Prime Minister Kyriakos Mitsotakis to Beijing during his official visit to the People’s Republic of China (PRC) on Thursday. The minister will…
The government imposed objective criteria for the taxation of self-employed people who, until now, declare extremely low incomes, aiming to deal with tax evasion. The government’s package of interventions incorporates…
Motor Oil Group presented its subsidiaries VERD and Green Oil (Prasino Ladi). VERD was founded in 2005 and operates in the production and marketing of biofuels. The company has a…
Minister of National Economy and Finance, Kostis Hatzidakis, and the Japanese Ambassador to Greece, Yasunori Nakayama, signed the Greece-Japan Double Taxation Avoidance (DTA) Treaty and the accompanying protocol. The treaty…
The bill of the Environment Ministry that was submitted to public consultation includes legislative regulations that pave the way for the completion of the Master Plans of the country’s ports.…
Tetra Pak Hellas aims to expand its activities related to food processing along with their packaging. The company already counts 40 years of activity in the Greek market and in…
Bank of Greece (BoG) governor Yannis Stournaras estimated that interest rates will not continue to rise, adding that their de-escalation will begin as of mid-2024. In an interview to the…
