Piraeus Bank announced a record nine-month normalized net profit of 932 million euros, corresponding to 0.72 euros per share, leading to an updated target of 0.90 euros for 2024. Net…
The Observatory of the Ministry of Maritime Affairs and Insular Policy has recorded large discrepancies in the price of fares on more than 40 coastal shipping lines in the country.…
Piraeus Bank CEO Christos Megalou may be watching the bank heading for another year of strong profitability, which will unexpectedly be confirmed on Friday, when the financial figures for the…
Greek systemic banks are expected to show resilience to the double challenge of interest rate cuts and geopolitical tensions, according to banking sources and international financial institutions. Piraeus Bank is…
A basic condition for the introduction of more RES units that will bring cheaper electricity is the construction of more electrical networks, the president and CEO of the Independent Power…
An important milestone in the expansion strategy of IKEA and the Fourlis Group is the opening of the sixth large store in Patras, in the Top Parks Shopping Park, on…
Νaftemporiki will be at the heart of the international tourism market for the third consecutive year, at WTM London, to be held on November 5-7, 2024, which is one of…
The Piraeus Port Authority (PPA) S.A. announced historically high performances during the presentation of the third quarter financial results. “The Company continues its upward growth, achieving historically high performances that…
Energean’s new investment in the Karish field, with the installation of new equipment that allows for a significant increase in oil production, is expected to generate a profit of 1.5…
The three placements of the Hellenic Republic Asset Development Fund (Helleniq Energy, EYDAP, EYATH), expected to take place by the end of the year, have been transferred to 2025. This…
The better-than-expected sales in Ellinikon makes Lamda Development able to proceed with the development of the area without borrowing, except for the construction of the large shopping center, The Ellinikon…
Aktor will use the 200 million euros of its share capital increase, which is estimated to be completed by the end of January 2025, for the financing of part of…
George Prokopiou further strengthened his presence in real estate following a significant deal for Astir Vouliagmenis. The shipowner has reached an agreement in principle with the Arabs, who control the…
“The US seeks the continuous support and strengthening of its investments in Greece. It recently invested 125 million dollars in the Elefsis Shipyards, contributing decisively to the development of the…
Without the support of nuclear power, we have no chance of meeting our climate targets on time, while Renewable Energy Sources will play a major role in electricity, especially solar…
The Hellenic Republic Asset Development Fund (HRADF) announced the signing of the agreement for the sub-concession of the right to build, operate, manage and maintain the Mega Yachts Marina in…
The Centre for Planning and Economic Research (KEPE) outlined the complex economic scenario shaped by a series of positive but also worrying developments in the Greek economy. It also highlighted…
Greece needs to invest heavily in human capital in order to bridge its productivity gap with other European nations, Martin Bijsterbosch (Mission Chief for Greece, European Central Bank) said in…
Deputy Minister of Environment and Energy Alexandra Sdoukou stressed the importance of proactive measures ahead of winter, when demand is seen higher, during the Conference of the Central and South-Eastern…
The construction sector has recorded a positive performance since the beginning of the year, maintaining the upward trend of the last few years, according to Alpha Bank’s data. In particular,…
Minister of Development, Takis Theodorikakos, accompanied by the General Secretary of Private Investments, Stellina Siarapi, visited the Elefsis Shipyards. According to an announcement by the Ministry of Development, Theodorikakos met…
The gap in VAT, i.e. the money lost by the State due to non-collection of VAT, has been on a steady downward trend over the last years. According to sources,…
New employment opportunities in various roles, regardless of gender, age, work experience or educational background have been opened in Skouries. Construction work on the copper and gold mining project is…
“We are turning the page, changing everything,” the president and CEO of Intrakat, Alexandros Exarchou, said during the presentation of the company’s plans for 2.0-billion-euro investments in real estate and…
The last move was made last week by Goldenport of the Dragni family. Together with Maas Capital and Allianz Marine Services, they established MAG Offshore and acquired a total of…
The new digital portal of the Ministry of Μaritime Affairs and Insular Policy “Passenger Rights” https://passengersynanp.yna.gov.gr/ was officially launched on Tuesday, informing about the rights of passengers in maritime transport.…
The president of the Athens Chamber of Tradesmen, Giannis Hatzitheodosiou, described as positive the initiative to reduce the prices of basic consumer products following the invitation of Development Minister, Takis…
Millions of people in the European Union are being left out of the EU labor market, even as the bloc struggles to close the productivity and competitiveness gap with the…
More than 350,000 Greeks of the brain drain generation – those who left during the crisis years in search of better employment opportunities – have returned. What made them come…
Sunlight Group announced the acquisition of the remaining 45% of its French subsidiary, a member of the Olympia group and a technology company specializing in innovative industrial electrification solutions. Through…
Greek-owned ships in the Red Sea are at greatest risk of attack by the Houthi group and remain important targets along with ships from Western countries. According to data from…
The IRIS system is expected to be made mandatory as of March or April in the entire market, according to the Minister of National Economy and Finance Kostis Hatzidakis. So…
Greece’s major infrastructure projects, from highways to energy infrastructure and logistics are financed by syndicated loans, in which all or most of the systemic banks participate. The distribution of the…
On November 19th and 20th, maritime professionals from across the Hellenic region and beyond will converge in Athens for the highly anticipated Hellenic Maritime Forum. This prestigious event promises to…
Entersoft proceeded with the acquisition of the majority share package (60%) in INTELIQUA. According to the company, this agreement strengthens Entersoft’s presence in the rapidly growing field of digital solutions…
The price of apartments is about to double over a 10-year period, according to the GEOAXIS Apartment Values Observatory, a certified real estate appraisal company in Greece. Based on the…
In addition to supporting social policy, the government has committed to channeling some of the extra revenues collected by combating tax evasion to the further reduction of taxes, Economy and…
White smoke has reportedly come out of the Avramar bailout case, as according to “N” sources, the credit institutions seem to have settled on a preferred investor. As “N” has…
O Σέρχιο Αγουέρο έβγαλε το καπέλο στον Λαμίν Γιαμάλ και μάλιστα φρόντισε να τον τοποθετήσει πιο ψηλά και από τον Βινίσιους Τζούνιορ της Ρεάλ Μαδρίτης. Ο παλαίμαχος άσος της Μπαρτσελόνα,…
The chairman of the Hellenic Federation of Enterprises (SEV), Spyros Theodoropoulos, referred to the challenges faced by Greek entrepreneurship during the General Assembly of the Federation. In his speech, Theodoropoulos…
Switching energy providers with the consent of the citizens through the Gov.gr Wallet is about to be implemented over the next few days, according to Digital Governance Minister Dimitris Papastergiou.…
Greek households hold deposits of 7.2 billion euros in foreign banks, which ranks our country in third place – after Cyprus and Luxembourg – in the pan-European ranking of countries…
Titan Group is seeking the inclusion of its investment, under the name IFESTOS, with a budget of 584 million euros, in the law on strategic investments, in order to achieve…
The TUI FutureShapers Greece program promotes “innovation, sustainability and creativity in the critical sectors of tourism, gastronomy, culture and other important sectors,” the president of the Greek National Tourist Organization…
Naftemporiki was born 100 years ago and it still is such an important publication for Greece, US Ambassador to Greece, George Tsunis, said in an interview with Michalis Psilos in…
The Greek-owned fleet firmly holds the world lead, according to UNCTAD data. The fleet of Greek interests ranked first in terms of carrying capacity and total value in 2023. Asia’s…
Greece’s place on the energy map, as well as the policies, tools and investments required to achieve the goals of the green transition dominated the 5th thematic section “Energy, Green…
We are speeding up the reforms, channeling all European and national resources to support society and the sustainable development of the economy for more jobs, Alternate Minister of National Economy…
The “Tanker Operator of the Year” award was received by Tsakos Energy Navigation (TEN), owned by Nikos Tsakos, within the framework of the International Tanker Shipping & Trade Awards, which…
Hungarian Ambassador Zsolt Sandor in an interview with Naftemporiki, spoke in detail about bilateral relations, immigration within the Union, but also about the Hungarian Presidency of the Council of the…
