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Thursday, 30 November 2023

Attica Group and Elefsis shipyards sign agreement

An agreement between the Attica group and the Elefsis shipyards of the Onex group is underway. According to “Naftemporiki” sources, this agreement will concern all the ships of the Attica…

Inflation falls to 3% in November – 7.7% rise in food prices

Greece’s inflation slowed significantly to 3% in November from 3.8% in October. Based on Eurostat’s preliminary data, the harmonized index of consumer prices registered a further decline to 2.4% in…

‘Rebrain Greece’-Georgiadis: Large companies offer 110 highly specialized positions

The Labor and Social Security Ministry’s digital platform “Rebrain Greece”, which is evolving into a modern interface between the supply and demand of highly skilled workers, helps Greek businesses to…

LR class for the first LCO2 carriers ordered at Hyundai Mipo Dockyard

The two medium-sized, low-pressure LCO2 (liquid carbon dioxide) carriers (with ammonia dual-fuel capability) ordered by Capital Gas Ship Management at Hyundai Mipo Dockyard will join the Lloyd’s Register classification. The…

Greek economy: Main challenges and dangers

The geopolitical developments and the war conflicts in Ukraine and the Middle East that could lead to a revival of the energy crisis, but also the uncertainty over the course…

Chatbots instead of tax officials

The chief of the Independent Public Revenue Authority (AADE), George Pitsilis, addressing the economic conference organized by “Naftemporiki”, announced the introduction of artificial intelligence platforms such as chatbots to the…

The conversion of bulk carriers to use green fuels is a complicated issue

The design of ships, and especially dry bulk carriers, presents particular challenges in decarbonizing existing ships, according to the conclusions of a forum organized by Intercargo in Athens. More specifically,…

Kotsovolos expanding in photovoltaics

Kotsovolos is expanding into the energy sector and specifically in the market of Renewable Energy Sources. More specifically, it is undertaking energy projects related to the study and implementation of…

IMO: Stylianidis stresses need to ensure the sustainability of the shipping sector

Minister of Maritime Affairs and Insular Policy, Christos Stylianidis, speaking at the 33rd session of the Assembly of the International Maritime Organization (IMO) stressed the need to ensure the sustainability…

Wednesday, 29 November 2023

‘Naftemporiki’ conference: The challenges for the economy after the upgrades

Greece has recently been upgraded in the fields of investments, exports, environment and the labor market, through the training of employees, research and innovation. These are the main points that…

5-year cruise action plan

The proposed five-year action plan of the International Cruise Association for the development of the sector in Greece focuses on five pillars, with emphasis mainly on the extension of the…

Papastergiou: Reforms and broad changes in digital governance in 2024

“The government continues to do what it knows well; to reform, improve and promote the good image of the country,”  Minister of Digital Governance, Dimitris Papastergiou, said on the sidelines…

High fares offer incentives for investments in LPG carriers

There is intense activity in the LPG carrier market as strong charters motivate shipping companies to invest in modern tonnage. More specifically, Benelux Overseas has reportedly ordered two medium-sized vessels,…

ONEX Group: Added value in the Greek economy can reach 1% of GDP

The full operation of the Elefsis and Syros Shipyards is expected to bring revenues of at least 500 million euros per year to the ONEX Group. As the president and…

Greek banks: Foreign investors “see” success stories

Banks focused on taking advantage of the current conditions and the success story during the second day of the Morgan Stanley conference held in London. It is worth noting that…

EU Commission endorses positive preliminary assessment of Greece’s request for 3.64 bln disbursement

The European Commission endorsed a positive preliminary assessment of Greece’s third payment request of 3.64 billion euros, 1.69 billion euros in grants, and 1.95 billion euros in loans, under the…

The hidden success story on which Greek businesses can build

The fourth and last panel of the Economic and Business Conference organized by ‘Naftemporiki’ was focused on the business environment, as it is formed after the recovery of the investment…

Megalou (Piraeus Bank): Reinforcement of net credit expansion in 2024

Net credit expansion will be strengthened in 2024 thanks to the strong growth rate of the economy and European resources, which are estimated to exceed 60 billion euros by 2027,…

Greece an ideal destination for Europeans seeking to purchase holiday homes

The Greek market is turning into “El Dorado” as almost 3 million Europeans are potential buyers of holiday homes. According to an analysis carried out by Elxis, a Greek company…

Papathanasis to ‘Naftemporiki’ conference: We will continue our reform program

Alternate Economy and Finance Minister, Nikos Papathanasis, highlighted the government’s commitment to reforms, as well as the network of tools it is mobilizing to implement it. “We are a reformist…

Tuesday, 28 November 2023

Skrekas to ‘Naftemporiki’ conference: Greece is an economic miracle

Greece is being upgraded and leading the way, Development Minister Kostas Skrekas said during the economic and business conference organized by ‘Naftemporki.’ “Greece, which was the black sheep of Europe,…

Ktenas to ‘Naftemporiki’ conference: Greek economy highly resilient

Greece’s economic progress and the challenges it still faces were highlighted by Mr Spyros Ktenas, general manager of “Naftemporiki” group, while opening the proceedings of the Economic and Business Conference.…

‘Naftemporiki’ conference: Greece’s economic climate after the investment grade

The climate in the economy and entrepreneurship after the recovery of the investment grade and the reforms-catalysts for the development course dominated the conference held by “Naftemporiki.” “The Greek economy…

Piraeus Bank: 97% of its total transactions held digitally

Almost all of Piraeus Bank’s transactions (97%) are now carried out digitally, its CEO Christos Megalou pointed out, speaking at the Financial Times international conference “Global Banking Summit” on “Leadership…

Piraeus Bank: 97% of its total transactions held digitally

Almost all of Piraeus Bank’s transactions (97%) are now carried out digitally, its CEO Christos Megalou pointed out, speaking at the Financial Times international conference “Global Banking Summit” on “Leadership…

Mitsotakis expresses dismay as Sunak cancels their meeting

Greek Prime Minister Kyriakos Mitsotakis expressed his dismay that British Prime Minister Rishi Sunak cancelled their scheduled meeting in London “a few hours before it was due.” The two leaders…

Shipping a key pillar on the path to sustainable global development

Shipping Minister Christos Stylianidis, speaking at the IMO general assembly in London, outlined the four issues on which the International Maritime Organization must work, in order to strengthen human capital.…

Mytilineos: Future energy model to be based on mixture of natural gas, RES and other ‘green’ products

Evangelos Mytilineos participated in the panel on Energy Transition in Greece, as part of the conference organized by Morgan Stanley and the Athens Stock Exchange, in London. Asked what the…

Taxpayers faced with tsunami of taxes in 2024

Taxpayers will be faced with high taxes and soaring prices in 2024, as, in addition to the successive “waves” of price increases in products and services, they will also have…

Monday, 27 November 2023

‘Naftemporiki’ organizes economic conference on Tuesday, November 28

“Naftemporiki” will organize an economic and business conference on Tuesday, November 28, 2023, at the Zappeion Mansion, from 11:30 to 18:30. The agenda of the conference includes economic and business…