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Friday, 06 June 2025

Mylonas: The challenges in financing energy projects – National Bank’s initiatives

The CEO of the National Bank of Greece, Pavlos Mylonas, highlighted the bank’s initiatives to support the energy transformation of the economy, as well as the challenges in financing energy…

Wednesday, 04 June 2025

METLEN completes acquisition of Most Energy’s energy trading business in Bulgaria

METLEN announced it has signed a non-binding agreement to enter the process of the acquisition of a 75% stake in the energy trading business of Most Energy JSC. Renewable assets…

Piraeus Bank: Collaboration with Qualco for a digital platform for mortgage loans

Piraeus Bank has entered into a shareholders agreement with technology provider Qualco, for the development of a digital solutions platform, initially focusing on the mortgage sector. The platform will be…

Greek shipping registry continues to lose ground

The Hellenic Statistical Authority (ELSTAT) data showed a new plunge for the Greek merchant fleet and especially for commercial ocean-going shipping vessels. In particular, the fleet of large ships with…

Ideal: Deals and additional 100 million euros in capital strength

Another piece in the ‘puzzle’ of the next day is about to be placed by Lambros Papakonstantinou, who continues his moves to expand and grow Ideal Holdings. The experienced manager,…

Energy Commissioner: Increasing RES is the only path to a more competitive EU

The acceleration of the energy transition, measures for faster licensing of RES projects, reduction of energy taxation and lower tariffs constitute the main priorities of the European Commission in the…

Celebration for the 120th anniversary of the Piraeus Chamber of Commerce and Industry

The celebration for the 120th anniversary of the Piraeus Chamber of Commerce and Industry was held at the historic Chamber’s Mansion, bringing together a large number of businessmen, representatives of…

Greece leads the cruise industry

With steady steps and impressive growth, Greece is establishing itself as one of the leading cruise destinations in the Eastern Mediterranean, strengthening both its tourist image and the national economy.…

GEK TERNA: Revenue and operating profitability surge thanks to concessions

GEK TERNA announced an impressive increase in turnover and operating profitability in the first quarter of 2025. More specifically, consolidated revenue amounted to 989.4 million euros, recording a 49% increase…

Mytilineos: Metlen’s headquarters will remain in Greece – METKA’s listing on the Stock Exchange under consideration

The Athens Stock Exchange will soon be upgraded to a developed market, with significant capital inflows from America, Europe and Greece, in connection with geopolitical developments, of course, said Metlen…

Tuesday, 03 June 2025

Angeloudis: TUI cruise ships in Thessaloniki from 2026

The German tourism giant TUI has expressed its interest in including Thessaloniki in its cruise ship program from 2026, as announced by the mayor of Thessaloniki, Stelios Angeloudis. The above…

Luxury home prices hit a new record – A maisonette purchased in Vouliagmeni for 40 thousand euros per square meter

Prices are reaching a new record on the Attica coastline, and especially in the Vouliagmeni area, which is called “the jewel of the Athenian Riviera”. A typical example is the…

Greek National Tourism Organization promotes Greece in Italy

A total of 45 executives from Italian travel agencies visited Lefkada and Corfu as part of two familiarization trips (fam trips), organized by the Greek National Tourism Organization (GNTO) office…

OECD: 2% growth in 2025 and 2.1% in 2026

The Greek economy will continue to grow, recording growth rates above 2% both this year and in 2026. However, the new Trump tariffs combined with the relaxation of external demand,…

Ideal Holdings-Share capital increase aiming to raise capital of 48 million euros

Ideal Holdings is setting more ambitious investment goals. The listed company announced that it is proceeding with a capital increase by issuing up to 8 million new shares. The company’s…

Gerapetritis: “Greece is a major energy hub”

“Greece, through targeted and coordinated efforts in recent years, has become a major energy hub, contributing decisively to national and European energy diversification and security,” Foreign Minister George Gerapetritis emphasized,…

Vafias Group joins the 100 plus club

The Vafias Group recently joined the closed club of shipping groups with fleets of 100 ships and more, which has five shipping companies under its “umbrella”, three of which are…

PPC Group: Notable improvement in ESG performance

PPC (Public Power Corporation) has achieved a notable improvement in its ESG performance, according to the evaluation by the internationally recognized organization ISS. PPC’s overall performance score increased to 47.04…

Matt Paxton (SCA) to “N”: The challenging future of US shipyards

Trump’s plan to revive the American shipbuilding industry is supported by the president of the Shipbuilders Council of Athens (SCA), Matt Paxton, who emphasized the need for a national strategy…

Interministerial Strategic Investments: “Green light” for 4 new investments of 780 million euros

Four new investments worth 780 million euros in the sectors of energy, networks, innovation and tourism were approved by the Interministerial Committee for Strategic Investments, at its third meeting for…

Monday, 02 June 2025

June is a critical month for the Greek economy

June is a critical month for Greece with very important announcements and decisions. The OECD is expected to announce new assessments for member states, the European Commission will publish its…

George Mylonas: 2+1 goals from the sale of 5% in Alumil

The plan of Alumil’s comeback, which has recently been under strong pressure due to loan obligations, is underway. The main shareholder and founder of the listed company, George Mylonas, which…

Three challenges for shipping amid US-China naval battle

The global shipping community faces three major challenges, according to Maria Bertzeletou, senior analyst at Signal Group. The global shipping industry may maintain steady momentum into 2025, with Asia leading…

Hardalias met with Shanghai mayor Gong Zheng on further cooperation

Regional Governor Nikos Hardalias and the Mayor of the city of Shanghai Gong Zheng agreed on three key directions for the further expansion of cooperation in a climate of friendship,…

Stock Exchange-Profitability: Which listed companies are speeding up and which are slowing down

The profitability of listed companies may show signs of high resilience in the first quarter of 2025, with the data so far indicating a net result of 1.981 billion euros…

Banks: A 40-billion-euro “gem”

The Athens Stock Exchange’s banking index has been at its highest level since November 2015, with the sector being the main “protagonist” (and) of this year’s course, having recorded a…

National Bank: 6.4 billion euros for higher added value

“We are very selective in how we will utilize the excess liquidity (6.4 billion euros) based on how we will obtain greater value for the bank and its shareholders,” National…

Tsunis to “N”: How the US supported the success story of Greek shipping

The strategic importance of Greek-US cooperation in shipping, as well as the leading role of the Greek shipowners, was highlighted by the former US Ambassador to Athens, George Tsunis, in…

Lamda Development: Acceleration of projects, strong cash flows, new leases and zero debt

Lamda Development’s revenue from residential developments in the first quarter of 2025 amounted to 66 million euros, an increase of 116% compared to the corresponding period last year, according to…

OPAP: At the forefront of the digital evolution

“OPAP remains at the forefront of digital evolution,” according to Chairman and CEO Jan Karas. OPAP is launching investments focused on gaming experience, with an emphasis on new solutions, mobile…