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Wednesday, 26 March 2025

The critical role of marine insurers in “net zero”

Marine insurers are stepping up efforts to adapt to the requirements set by the International Maritime Organization (IMO) for the decarbonization of shipping by 2050, providing data-driven insights and supporting…

47 projects to shield Europe with raw materials – Greece participates with gallium

The European Commission has approved a list of 47 Strategic Projects aimed at strengthening domestic strategic raw materials capabilities. These are located in 13 Member States, including Greece which participates…

Monday, 24 March 2025

Digital Governance Ministry and ESEE collaborate to identify SMEs problems

The need for the “mapping” of the complex problems faced by small and medium-sized enterprises (SMEs) in their long period of digital transition was the focus of a meeting held…

Mitsotakis visits Interior Ministry; outlines government priorities

“I see that through a series of initiatives, the state and the public sector are changing for the better,” Prime Minister Kyriakos Mitsotakis said following his visit to the Interior…

Paulson raised more than 400-450 million euros from the Athens Stock Exchange in a month

It is estimated that the major investor John Paulson has raised more than 400-450 million euros from the Athens Stock Exchange in the last month, as he sold his shares…

Hotels are “protagonists” in real estate investments – Which areas are on the “radar”?

Hotels are leading the rising demand for real estate, and not only in the popular areas of Greece, but also in other parts of the country that are less known…

Athens stock exchange: OPAP, Coca Cola, PPA shares outshining

OPAP shares stand at new 17-year highs, climbing above 18.2 euros for the first time since 2008. The high dividend (1.4 euros/share), combined with optimistic estimates for the current fiscal…

Improving cruise port infrastructure

The Association of Cruise Ship Owners and Maritime Agencies informed the European Commissioner for Sustainable Transport and Tourism, Apostolos Tzitzikostas, about the activity and importance of cruising in Greece and…

Property price rally to continue in 2025

The apartment price index reached historic highs in late 2024, with newly built properties leading the way, while older properties are following at a slower pace. The steady upward trend…

Diana Shipping enters the LPG carrier market

Diana Shipping enters the LPG carrier market, becoming a strategic partner of the Ecogas Holding AS consortium. The newly formed consortium has an 80% stake in two 7,500 cbm LPG…

Thessaloniki port: Investment plans proceed; boosting the cruise industry

The expansion of Pier 6 at the port of Thessaloniki, an investment of hundreds of millions of euros, is expected to proceed immediately, within the next few months after the…

Greek defense industry seeks a share in Europe’s rearmament

Greece is seeking its role in the new European defense map, proposing the exploitation of opportunities for investment in innovation, cutting-edge technologies and strategic alliances. Greek defense companies, at least…

Friday, 21 March 2025

OPAP launches investments to further strengthen its network 

ΟPAP’s top priority is the continuation of investments for the further development of its network, as the management of the listed company emphasized during the briefing for analysts. The company…

Minerals: What does Greece’s subsoil produce – What is their value? 

The mining sector leaves a strong footprint on the Greek economy, IOBE underlined during the presentation of a study on the economic and social footprint of the Hellas Gold investment.…

Hellenic Cables to supply and install power transmission cables for the Dunkerque Offshore wind farm

Hellenic Cables, the cables division of Cenergy Holdings, has been awarded a turnkey contract by Réseau de Transport d’Électricité (RTE) in a joint venture with Asso.subsea for the Dunkerque Offshore…

Diplomatic sources: Express visa programme for Turkish citizens on Greek islands renewed

The European Commission has approved the renewal for one more year, from 1 April 2025, of the short-stay visa program for Turkish citizens and their family members on the Aegean…

Kikilias: Europe must understand the comparative advantage of Greek shipping 

The Minister of Maritime Affairs and Insular Policy, Vasilis Kikilias, spoke about the comparative advantage of Greek shipping, which is a pioneer and leading force worldwide and holds 60% of…

IPTO’s new data center set to launch

IPTO’s plans to expand its activity in the data center sector are in progress, with the beginning being made with a new 40 MW unit in Kryoneri. According to competent…

Manousakis (IPTO): Strong will for the continuation of the Great Sea Interconnector

The President and CEO of IPTO, Manos Manousakis, stressed the high geopolitical value of international electrical interconnections during his speech at the 8th annual conference, Cycle of Ideas. As he…

Real estate market rally continues in 2024

The real estate market rally continued in 2024, according to the Bank of Greece (BoG). More specifically, apartment prices rose at an average annual rate of 8.7%, compared to an…

Energean: New drilling in Israel in 2026

Energean is moving ahead with a new drilling program in the Israeli sea in 2026, the company announced to the London and Tel Aviv Stock Exchanges. The first two wells…

Eldorado Gold interested in new investments in Greece

Canadian Eldorado Gold is interested in new investments in the mining sector in Greece, according to the president of Hellas Gold (a subsidiary of Eldorado), Christos Balaskas. Eldorado Gold’s interest…

Tuesday, 18 March 2025

IPTO: Request for inclusion of the new Greece-Italy interconnection in Projects of Common and Mutual Interest of the EU

The Independent Power Transmission Operator (IPTO) and the Transmission System Operator of Italy (Terna) are jointly submitting a request for the inclusion of the new electricity interconnection between Greece and…

Metlen establishes defense hub in Volos

Metlen is expanding the Volos industrial complex and is establishing an important defense hub in Greece. Specifically, METLEN signed a preliminary agreement to purchase a 19-stremmas property within the 1st…

PPC: New photovoltaic plant in Bulgaria

PPC Group is expanding dynamically in the Bulgarian Renewable Energy Market, following the launch of the construction of a new photovoltaic plant with batteries, with a total installed capacity of…

Ports: 5.6% increase in passenger traffic in the third quarter of 2024

The total passenger traffic in Greek ports increased by 5.6% in the third quarter of 2024 compared to the third quarter of 2023, while an increase of 2.6% was observed…

Hatzitheodosiou to “N”: In Greece, over 65% are indirect taxes

“In Europe, there are 50% direct taxes and 50% indirect taxes, while in Greece over 65% are indirect taxes,” Giannis Hatzitheodosiou, President of the Athens Chamber of Tradesmen, said in…

Beauty products fill the digital basket: Online shopping for cosmetics is gaining ground

The digital channel in the cosmetics sector is on the rise, recording positive performance, especially among the younger Greek consumers. The transition to online shopping is clear, showing the strong…

Cybersecurity threats on the rise-Security gaps in shipping

Cybersecurity threats are increasing rapidly at all levels and the shipping industry could not be an exception to the new scourge of the times. Against the backdrop of the malicious…

Tzitzikostas from Rotterdam: Cruises are the main driving force of the European economy

ΕU Commissioner for Sustainable Transport and Tourism, Apostolos Tzitzikostas, paid an official visit to the port of Rotterdam. Tzitzikostas was also the keynote speaker at the European Cruise Summit in…