English

Safe Bulkers continues its fleet renewal program, completing the sale of two of its older vessels. Specifically, the company listed on the US stock exchange announced the sale of the…

The ELVIAL aluminum industry is implementing a new and double investment program, totaling 16 million euros, for the next four years. The company is also expanding into the North American…

“Naftemporiki” sets sail for the second century of its history, as today celebrates its 100-year anniversary since it was first published on March 8, 1924. Just two years after the…

A comfortable retirement is a key concern for women globally, with more women than men worried about having enough assets for retirement. For example, 53% of women aged 61 to…

Independent Power Transmission Operator (IPTO) had contacts with officials of the government of Cyprus and Israel, aiming to speed up the implementation processes of the electrical interconnection Greece – Cyprus…

Τhe Hellenic Republic Asset Development Fund (HRADF) issued a call of interest for a majority stake sale (50%+1 share) in Lavrion Port Authority SA. The Authority has the exclusive right…

The Hellenic Competition Commission (HCC) said that it has approved the sale of electronics and appliance chain Kotsovolos to Public Power Corporation (PPC). More specifically, the Commission said in a…

Exhibitors at the Posidonia international shipping exhibition, to be held at the Metropolitan Expo in Athens from June 3 to June 7, placed special emphasis on the introduction of AI…

Cruise passenger arrivals in Greece jumped to the highest level of the last 12 years in 2023, with the market expected to register new records this year. According to data…

The success of the sale of the 27% share of the HFSF in Piraeus Bank can now be recorded as a reference point for both Greek and European data. The…

Illegal gambling games have recently expanded alarmingly in Greece. According to KapaResearch’s survey in a sample of over 5,000 people conducted on behalf of the Hellenic Gaming Commission, a total…

Passenger traffic is expected to be increased by 5% in 2024 compared to 2019 – a year when there were no restrictive measures due to the coronavirus pandemic. According to…

In January 2024, the weighted average interest rate on new deposits remained almost unchanged at 0.53%, according to the Bank of Greece (BoG). The interest rate spread between new deposits…

The government has placed special emphasis on the increase of the minimum wage, which will come into force from April 1, amid high prices affecting the households’ purchasing power. The…

Business mobility through acquisitions in the IT sector and in particular in the critical business software sector is confirmed by the binding agreement of Olympia Group and another international investor…

Greece’s economic sentiment index eased to 104.8 points in October from 107.7 in January, the lowest level of the last 14 months, the Foundation for Economic and Industrial Research (IOBE)…

Bank of Greece (BoG) will distribute a dividend of 13.3 million euros to its shareholders this year for the fiscal year 2023. More specifically, it will distribute a dividend to…

“The exports of Greek wine to third countries and to the EU reached 100 million euros in a quantity of approximately 29,000 tons. In relation to the previous year, we…

Citizens’ digital transactions with the state rose 18.5% in 2023 compared to 2022. According to the data of the General Secretariat of Information Systems and Digital Governance of the Ministry…

India has shown strong interest in commercial cooperation with Greece in the sectors of shipping and transport. Specifically, the Indians are planning to develop their own “Silk Road”, as the…

Olympia Group proceeded with the shareholders of Entersoft SA, who represent 53% of the company’s share capital, in a binding agreement for the acquisition of their shares, either on a…

The sale of a 27% stake in Piraeus Bank by the Hellenic Financial Stability Fund (HFSH) was met with strong demand on Monday and has already been oversubscribed. More specifically,…

The Athens International Airport (AIA) recorded an increase in revenue and profits for 2023, while passenger traffic rose to a new historical record. More specifically, profits after taxes amounted to…

Energy supplies announced the ‘green’ tariffs for March confirming market estimates for further de-escalation of energy costs in the retail sector. The prices start from 8 cents per KWh and…

Τhe cosmetics sector in Greece is expected to grow by 4%-7% in 2024, marking a significant slowdown compared to 2023, a year in which the turnover of the sector is…

Greece’s capital markets commission has approved the prospectus for the sale of shares in Piraeus Bank owned by the Hellenic Financial Stability Fund (HFSF) with a price range of 3.7-4.0…

March is a month full of announcements concerning the Greek economy. Perhaps the most important date for citizens and especially private sector workers is March 22 when the government’s decisions…

The second highest food inflation in Europe, at least based on the list of countries that have already published the relevant data, was recorded in Greece in February. While the…

According to the annual list of the world’s top ten fleets presented by VesselValues, Veson Nautical, Japan ranks first with a fleet value of 206.3 billion US dollars in assets,…

INTRALOT announced the signing of a new agreement with Magnum Corporation Sdn Bhd, a leading gaming company in Malaysia. This agreement follows the successful outcome of an international call for…