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Wednesday, 02 July 2025

Qualco Group: Acquisition of majority stake in Cenobe

Qualco Group continues its acquisition strategy, proceeding through Qualco Single Member S.A. with the acquisition of a majority stake of 50.01% of the total share capital of Cenobe S.A. Cenobe…

Greek shipowners “anchor” in Scandinavian countries to attract capital

The Scandinavian bond market is rapidly evolving into an important alternative financing resource for shipping companies, with a strong Greek presence. A key player in the most recent move is…

Intralot to acquire Bally’s International Interactive business

Intralot and Bally’s Corporation announced the approval of their entry into a definitive transaction agreement, pursuant to which Intralot will acquire Bally’s International Interactive business at an enterprise value of…

Recovery Fund: Green light for the disbursement of the sixth tranche

The EU Commission has given the “green light” to the revised Greek Recovery Plan, and Athens is now preparing to submit the request for the disbursement of the 6th tranche,…

KEFiM: How tobacco consumption can be reduced through taxation of alternative products

A new tax incentive framework that could increase motivation for the use of alternative products—such as e-cigarettes or heated tobacco products, which produce lower levels of harmful substances compared to…

FinMin: Euronext’s intention to acquire the Athens Stock Exchange is a tangible vote of confidence

“Ten years after the imposition of capital controls, a potential acquisition of the Athens Stock Exchange by Euronext constitutes a tangible vote of confidence in the stability and positive trajectory…

Intercargo participates in the 110th Session of the IMO Maritime Safety Committee

With a strong presence and active contribution to the proceedings, Intercargo, under the chairmanship of Ioannis Xilas, participated in the 110th session of the Maritime Safety Committee (MSC 110) of…

Volos makes a dynamic return to the cruise map

After the devastating floods of 2023, Volos is making a strong return to the international cruise market. The full restoration of the port paves the way for 42 cruise ship…

Athens Stock Exchange: Acquisition proposal by the Euronext Group

The Euronext Group, the largest multi-shareholder stock exchange in Europe, has confirmed earlier reports that it has begun discussions with the board of directors of Hellenic Exchanges – Athens Stock…

Tuesday, 01 July 2025

Metron: Investing in expansion and innovation – Elevators with a Greek signature in the global market

2025 is a pivotal year for Metron, which has been on an upward trajectory for 30 years, producing and distributing Greek-made elevators to the international market. The company is completing…

Bank of Greece: Deposits and loans climb higher in May

Both deposits and loans recorded positive performances in May, with the private sector recording impressively positive flows, leaving behind the negative picture of April, while stagnation is observed in the…

IPTO: Great Sea Interconnector cost-benefit study for Cyprus-Israel section presented to regulators

The cost-benefit study for the Cyprus-Israel section of the Great Sea Interconnector (GSI), which constitutes the second part of the Greece-Cyprus-Israel electricity interconnection, has been presented to the competent regulatory…

Eurobank issues 500 million euros in senior preferred debt

Eurobank Ergasias Services and Holdings S.A. (Eurobank Holdings) announced that its subsidiary Eurobank successfully completed the pricing of 500-million-euro senior preferred notes. The bond matures on 7 July 2028 and…

ELLAKTOR Group – Sustainable Entrepreneurship & ESG Footprint

ELLAKTOR Group is one of the most important infrastructure groups in Greece with a portfolio of activities in the sectors of Concessions, Property Development – Management and Hospitality. Utilizing the…

Celestyal Cruises innovates with biofuels

Cruise company Celestyal Cruises continues its dynamic course in Greece, as the company’s total contribution to the Greek economy now reaches 120 million euros. As announced during a presentation on…

Markets in a ‘zone of instability’: Outlook for stocks, dollar, gold, and oil

As July begins, global markets stand at a critical crossroads. Following a turbulent first half of the year, investors are faced with the challenge of fragile geopolitical balances, fluid monetary…

Coca-Cola: Strong footprint in the Greek economy and employment

Coca-Cola’s contribution to the Greek GDP totaled 2.2 billion euros in 2024 while it supported 50,700 jobs, according to a study by the Foundation for Economic and Industrial Research. The…

EU allocates 8 billion for growth, quality of life, environment, and tackling poverty

A package of European programs – in addition to the NSRF and the Recovery Fund – totaling 8 billion euros, which will “run” from 2026 to 2032 and will concern,…

Sichuan Airlines: Direct flights to Athens via Istanbul

A ceremony marking the launch of Sichuan Airlines’ direct flights connecting Athens with the city of Chengdu in China, via Istanbul, was held at Athens International Airport in the presence…

Monday, 30 June 2025

SΜΕs: Greece is a champion in employment, a laggard in productivity

Small and medium-sized enterprises in the countries of Southern and Eastern Europe present the highest shares of SMEs in employment and at the same time contribute significantly to Gross Value…

The Greek trend of shipping spin-offs on Wall Street

It is not just a trend, it is a strategy. Greek shipowners are following the spinoff policy for their listed shipping companies on the US stock markets. Approximately one in…

Sixty yacht crews from 19 countries are diving into the battle of the 5th AEGEAN 600

Greece is once again at the center of global sailing this summer. The AEGEAN 600 is getting ready to set off for the 5th consecutive year in the Aegean Sea.…

Greece’s tax trap: High burden, low return

Greece is once again exposed for its performance in direct taxation. On the one hand, the European Commission ranks Greece in 16th place in the EU based on “fair” proportional…

Kikilias’ stern message about coastal shipping safety

Since March 2025, at the initiative of the new Minister of Maritime Affairs and Insular Policy, Vasilis Kikilias, a comprehensive plan to strengthen security in the country’s ports has been…

Thessaly and Western Macedonia first on the list for new data centers

Greece’s prospect of becoming a regional telecommunications hub with a multitude of data center infrastructures is confirmed by the latest estimates of IPTO for the potential of the National Electricity…

New European distinctions for “Naftemporiki” – Award for its special edition on the Pontic Genocide

“Naftemporiki” received two more major European distinctions from the most important awards institution, the European Newspaper Award, participating for the third time. After the top distinction as “European Newspaper of…

Banks open up lending – the goals for loan issuance

A counterbalance to the decline in interest income for banks due to falling interest rates is expected to come from new lending in 2025, with banks anticipating continued growth in…

Piraeus Chamber of Commerce and Industry: Strengthening cooperation between Greek and Mexican businesses

A Memorandum of Understanding (MoU) aimed at strengthening business contacts between Greek and Mexican companies was signed by the president of the Piraeus Chamber of Commerce and Industry, Vasilis Korkidis,…

H&M is re-introducing itself to the Greek market

H&M has proceeded with the opening of its two emblematic stores in Greece, the flagship store at Ermou & Voulis in the center of Athens and its historic store in…

Friday, 27 June 2025

Greece: Minister Voridis and four other government officials resign over farm subsidies scandal

Prime Minister Kyriakos Mitsotakis accepted the resignation of Migration and Asylum Minister Makis Voridis after his name appeared in the farm subsidies scandal case file forwarded to Parliament last week…