English

Friday, 25 July 2025

EIB grants 250 million euros to EYDAP for investment projects

The Athens Water Supply and Sewerage Company (EYDAP) is proceeding with the signing of a loan agreement of 250 million euros with the European Investment Bank (EIB) to support its…

Cosmetics: Increase in sales, exports; plant-based products on the rise

Total cosmetics sales in Greece have recorded a continuous increase in value over the last years, despite the inflationary pressures and the increase in the prices of cosmetic raw materials…

AADE to roll out new electronic transit application on July 28

The new electronic transit application for recording the entry and exit of trucks and buses at all customs offices of Greece’s land border checkpoints will become fully operational on July…

Vodafone (Greece): Revenues slightly up in Q1

Vodafone’s subsidiary in Greece announced that its revenue recorded a marginal increase (0.9%) during the first quarter of its 2025 – 2026 financial year (April 2025 – March 2026). According…

Athens stock exchange: Tariffs and financial results in focus – All eyes on Metlen

The Athens Stock Exchange enters the last session of the week, while the short-term trend continues to be affected by the investment climate abroad. The General Index, which closed on…

Avramar: Consensus solution doomed to fail – Promoting reorganization in operation

The lending banks have reportedly proceeded with the decision to authorize the board of directors of Avramar to initiate the necessary actions for its operational resolution process, making use of…

Fraport: New campaign for the travel experience in Greece

Fraport Greece is promoting a new campaign for the multidimensional role of the 14 regional airports under its management, which it describes as “modern gateways to a world of authentic…

Greece sends salvage vessel “Giant” to the Red Sea

The ultra-modern salvage vessel “Giant” in the port of Piraeus, which in collaboration with the Hellenic Association of Tugboat Owners – Rescue Vessels – Anti-Pollution Vessels for Offshore Support, will…

Shipping: The “Greeks” lead the way in green transition

The acceleration of the green transition is changing the rules in the shipping sector – and Greek shipowners seem ready to respond. With 8% of the fleet already compatible with…

PPA: New distinction as one of the most sustainable businesses in Greece

The Piraeus Port Authority S.A. (PPA S.A.) received a distinction from the QualityNet Foundation for the fourth consecutive year, recognizing it as one of the most sustainable companies in Greece.…

Thursday, 24 July 2025

Two investment schemes express interest in tender for the concession of Greek State Lotteries

Growthfund announced that two investment schemes have submitted expressions of interest in the international tender process for the concession of the exclusive right to produce, manage, operate and promote the…

Hellenic Duty Free Shops: Sales up 19%; distributes dividend of 40 million euros

Sales at Hellenic Duty Free Shops (Duty Free Shops SA) soared in 2024, and despite the “upheavals” in profitability, the company will distribute a “golden” dividend of 40 million euros…

New regulation for commission-free withdrawals in effect from August 11

The new legislative regulation on bank commissions regarding cash withdrawals from ATMs will come into effect on August 11, 2025, as provided for in the amendment of the Ministry of…

Aegean Shipping – Vitol partnership expands

Aegean Shipping Management, owned by Georgios Melissanidis, reinforces its business  collaboration with Vitol, the world’s largest independent oil products trader, by signing a long-term charter agreement for five more tankers.…

Hisense Hellas introduces UX TV for the first time in Greece

Hisense is strengthening its presence in the Greek market with the launch of the first television with RGB backlight technology, available for the first time in Greece. According to the…

Naftemporiki is digitizing 101 years of political and economic history

“A project of national and historical significance is on track of implementation by Naftemporiki: The digitization of our newspaper’s Archive, which has already completed 101 years of existence.” The digitalization…

Eurobank denies reports; there is no scenario for reducing ATMs

Eurobank denied reports about scenarios of reducing the number of ATMs in its network. According to sources speaking to “N”, Eurobank assured that “we are not thinking nor have we…

Targeted measures to help exports deal with US tariffs

Targeted support measures for export sectors affected by adverse trade disruptions, such as US tariffs, are proposed by a study by the State Budget Office in Parliament. The study highlights…

The effects of Trump tariffs on Greek agricultural products

The potential imposition of 30% tariffs on products imported from the European Union to the US is expected to have a strong knock-on effect on Greek fresh agricultural products and,…

Wednesday, 23 July 2025

Divergence between Greece and the eurozone in housing loan demand

Demand for business loans increased in both Greece and the Eurozone in the second quarter of 2025. In contrast, demand for mortgage loans from Greek households continues to decline —…

METLEN secures £34.8 million new UK EPC contracts for solar and storage projects

Metlen has signed two new contracts for the Engineering, Procurement and Construction (EPC) of renewable energy projects in the UK, further strengthening its presence in the country. The total value…

Government mulls new measures to support citizens – Announcements expected at TIF

Prime Minister Kyriakos Mitsotakis’ announcements at the Thessaloniki International Fair (TIF) on September 6 and 7 are expected to be finalized after August 15. As August draws to a close,…

Athens stock exchange: “Sign” of return after US-Japan agreement

The Athens Stock Exchange is expected to receive a “signal” from the foreign markets, with the US-Japan trade agreement improving investor sentiment. Although the Greek market has had two consecutive…

Tourism Minister Kefalogianni visited Santorini, Sikinos, Folegandros and Anafi

Minister of Tourism Olga Kefalogianni visited Santorini, Sikinos, Folegandros and Anafi as part of the ongoing dialogue with local communities and public entities on the specific islands, following the signing…

Coastal shipping and yachting, fundamental elements of Greek maritime tradition and tourism

Aiming at promoting and strengthening the country’s maritime tourism, the Hellenic Chamber of Shipping is paying tribute to coastal shipping and yachting. The President of the Hellenic Chamber of Shipping,…

SKY express: 33% jump in international passenger traffic in Q2

SKY express recorded a steady upward trend in the second quarter of 2025 in Greece and abroad. The company’s total passenger traffic increased by 16% compared to the corresponding period…

Tourism: Revenues reach 4.352 billion in the first 5 months – Arrivals exceed 7 million

A total of 7.089 million foreign tourists “landed” in Greece during the five-month period from January to May 2025, boosting travel receipts to 4.352 billion euros, according to data announced…

Generali Hellas announces acquisition of Euroclinic Group

Generali Hellas announced the signing of an agreement for the acquisition of the Euroclinic Group from Akkadia Holdings Limited. The investment is part of the strategic plan “Lifetime Partner 27:…

Tuesday, 22 July 2025

How to bridge the investment gap

The Foundation for Economic and Industrial Research (IOBE) proposed a framework to boost investments, as well as the timely and effective implementation of the loan component of the National Recovery…

Cosmos Sport announces strong 2024 financial results

Cosmos Sport announced an increase in its financial figures in 2024. According to the published balance sheet for the fiscal year from February 1, 2024 to January 31, 2025, the…