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Friday, 19 January 2024

Gibraltar Maritime Day: An institution for the maritime industry held in Piraeus

The “GIBRALTAR MARITIME DAY” was organized for the first time in Greece, and more specifically in Piraeus, at the historic Piraeus Marina Club, by Level Communications, for the Government of…

Greece a hub for production, transport and consumption of hydrogen

Greece’s role in supplying Europe with hydrogen is very important, the CEO of Hydrogen Europe, Jorgo Chatzimarkakis, said in the framework of the Greek House Davos 2024, both as a…

Logistics center with unlimited exploitation prospects in Evia

A logistics facility, unique for Greece, has opened its doors in Vassiliko, Chalkida, offering port infrastructure with unlimited possibilities for the development of business activities, in relation to the supply…

The financial offers for the concession of BOAK to open on January 25

The political leadership of the Ministry of Infrastructure and Transport announced that the opening of the financial bids of the temporary contractor for the construction and operation of the Northern…

The port of Thessaloniki resilient to the effects of the Houthi attacks

The developments in the Red Sea have not significantly affected the port of Thessaloniki despite the fact that the Houthi rebels’ attacks have cost in time and money. “A third…

Thursday, 18 January 2024

Intralot extends lottery contract with La Marocaine Des Jeux et Des Sports

Intralot announced the extension of its contract with La Marocaine Des Jeux et Des Sports (MDJS), the state lottery offering sports betting and other games of chance in Morocco. According…

The main challenges of the yachting industry

The war conflicts in Ukraine and the Middle East, the soaring prices in Europe and the lack of marinas in Attica are the main problems of the yachting industry, according…

Spitogatos: Real estate prices on an upward trajectory

Property prices for rent and sale rose across the country at the end of 2023, according to a research by Spitogatos Insights based on the Spitogatos Price Index (SPI). More…

Electrical and electronics sector preparing for new generation of products

The electrical and electronics sector is being prepared for the new generation of products, following the convergence of the energy sector with the retail sector and the expansion of artificial…

Profits for Greek banks even after interest rate cuts

Banks see positively the possibility of a reduction in interest rates, even a small one, in 2024, since they consider it would stimulate credit expansion and therefore enhance the sustainability…

Mitsotakis outlines plan to render Greece an exporter of green energy

Prime Minister Kyriakos Mitsotakis outlined the government’s plan to render Greece an exporter of green energy at least to the Balkan countries during his participation in a round table discussion…

Greece’s real estate a pole of attraction for international investors

Greece is in an advantageous position, given the conditions, in the global luxury real estate market, according to the fourth annual report Luxury Outlook by Sotheby’s International Realty. The report…

Crete-Attica electricity interconnection seen at the end of the year

The electricity interconnection between Crete-Attica is being implemented faster than similar projects in other EU countries, according to the Independent Power Transmission Operator (IPTO). Based on the program, the conclusion…

Freight rates for transporting a container from China to Europe up 160%

Freight rates for transporting a container from China’s ports to Europe have increased by 160% since January 1, as ships are forced to reroute around the southern tip of Africa,…

Lavrion Port Authority: Higher 2023 revenue

Lavrion Port Authority said that its revenues rose 44% in 2023. More specifically, revenues amounted to 6.5 million euros compared to 6.3 million euros in 2022, while the fiscal result…

Greek House Davos: The key role of the Balkan ports

The huge prospects of the ports of the Balkans and the role they  can play towards the economic development of the states of the wider region dominated the talks in…

Wednesday, 17 January 2024

Piraeus Chamber of Commerce and Industry proposes a “cap” on fares

The Piraeus Chamber of Commerce and Industry, as a body that represents import and export trade in the country’s largest port, asked for the Greek government’s intervention to the European…

Greek shipowners are back after a two-year absence

“Greek shipowners are back”. After a two-year absence, the world’s largest shipping nation made a strong comeback in 2023, topping both new vessels and secondhand ship purchases. According to official…

DEI blue: Over 2,000 charging points nationwide

The network of publicly accessible DEI blue chargers nationwide is constantly growing. At the end of 2023, DEI blue charging points exceeded 2,000 throughout the country, facilitating electric vehicle drivers…

Jumbo: Sales soar in 2023; to pay extraordinary dividend of 0.60 euro per share

Jumbo Group announced a 14% increase in its 2023 sales, breaking the 1.0 billion euro threshold and the management’s estimate for a 12% growth rate in the year. Sales increased…

Mitsotakis departs for Davos: His contacts and the agenda

Prime Minister Kyriakos Mitsotakis will visit Davos, Switzerland, to attend the World Economic Forum. According to government sources, Mitsotakis is expected to stress that Greece emerges as a force of…

Commercial Hub receives building permit, opening the way for the construction of Greece’s largest shopping center

The road opens with the issuance of the building permit for the main construction works of the Commercial Hub, one of the developments in Elliniko, which includes the shopping center,…

Greece to tap the markets with the reissuance of the 5-year bond

The Public Debt Management Agency (PDMA) will proceed on Wednesday with the reissuance of the 5-year bond that was auctioned in April 2023 with the aim of raising 250 million…

Gambling Games: Turnover rises to 32 billion euros in 11-month period

Gambling Games recorded an upward trend in the 11-month period of 2023, according to the data of the Hellenic Gaming Commission (HGC). More specifically, the total turnover that includes all…

Minister of Maritime Affairs to visit Ankara

The Minister of Maritime Affairs and Island Policy, Christos Stylianides, is visiting Ankara on Wednesday, in order to meet with Turkish Interior Minister Ali Yerlikaya. Talks will focus on the…

Yemen’s Houthis confirm they attacked “Zografia”

The Houthis officially took responsibility for the missile attack against the Greek-owned cargo ship “Zografia” which was heading to Israel. Their spokesman Yahya Saree confirmed in a statement that the…

Tuesday, 16 January 2024

Hatzidakis stresses need for a common EU energy policy

“The energy crisis highlights in a compelling way the need for a common European energy policy. The needs of the economy impose a common policy,” Minister of National Economy and…

Inflationary pressure on supermarkets’ turnover – the products with the steepest price rise

Inflationary pressures continue to affect the supermarkets’ turnover as consumers opt for cheaper purchases and increasingly turn to private label products. According to the data of the research company Circana…

Greek-owned dry bulk carrier attacked by missile off Yemen

The Greek-owned dry bulk carrier ZOGRAFIA was attacked by a missile while transiting the Red Sea to the north, 76 nautical miles northwest of the port of SALEEF, Yemen. Serious…

Credit expansion seen higher in 2024; it could reach up to 8 billion euros

Credit expansion this year will be clearly better than last year, according to market representatives, adding that it could reach up to 8 billion euros. The main reasons are the…