A total of 27% of the Greek population spent more than 40% of their disposable income to cover housing costs, giving Greece a negative lead compared to the rest of…
Greek shipowners are the driving force of the secondary market of bulk carriers this year, as they are involved in the majority of acquisition deals, mainly of large ships.
In…
Greece’s current account deficit decreased in January-September, while Greek tourism outperformed, with tourist arrivals jumping 17.3%, leading travel receipts to 17.9 billion euros, according to the Bank of Greece (BoG).…
International financial institutions place Greek assets high in their investment options, renewing their confidence in the Greek economy.
The positive assessments of foreign financial institutions are based on:the high…
Kostas Kontogiannis, CFO of Skroutz and Andreas Petropoulos, CEO of Convert Group gave an interview to “Naftemporiki” about the evolution of omni-channel commerce and the strategic role of data analytics…
The final draft of the 2024 budget that will be submitted to the Parliament on Tuesday will include high growth rates, higher income through increases in wages, pensions and a…
Entrepreneurship in Greece is faced with significant challenges in an unstable and volatile international geopolitical environment.
Among the main challenges are the increased energy costs, inflationary pressures and the lack…
High operating costs, lack of liquidity and difficult access to financing are the three main problems faced by the country’s small and medium enterprises (SMEs).
A total of 94% of…
Greece is in the spotlight, with long-term perspectives and great returns, following the success of the National Bank share offering and UniCredit’s investment into Alpha Bank.
The acquisition of the…
DEPA Commercial’s board gave the green light for the company’s participation in the development of the first thermal electricity production unit in Albania, marking the expansion of its activities.
DEPA…
The shipping industry raised to the international community the issue of possible lack of sufficient quantities of green fuels for shipping, in the framework of the implementation of the goals…
The reduction of the environmental footprint of shipping and the means by which it will be carried out has been at the top of the agenda of the international maritime…
A 2.8 billion dollar credit facility, which advisers to the transaction said is the “largest commercial debt financing” in the global shipping industry, has been secured by Peter Livanos’ GasLog.…
Technical companies, through the Association of Greek Contracting Companies (SATE), are warning the leadership of the Ministry of Infrastructure about the possibility of not being able to smoothly implement the…
The Minister of National Economy and Finance, Kostis Hatzidakis, spoke of an extremely positive development for the National Bank and the banking system, after the completion of the public offering…
Greece sets the bar high in terms of the national energy and climate goals, with the mineral raw materials playing a crucial role. These are mainly the minerals and metals…
A public offering of National Bank of Greece (NBG) shares by the Hellenic Financial Stability Fund (HFSF) was oversubscribed eight times, with the share price estimated at 5.30- 5.44 euros.…
Finance Minister Kostis Hatzidakis presented a package of support measures totaling 352 million euros for 2.3 million citizens in order to help them cope with higher cost of living.
The…
The cycle of rising interest rates has ended and the cost of borrowing is expected to start falling in 2024, UBS analysts said during the presentation of the annual report…
As of January 1, 2024, deposits, remittances, movements through e-banking, electronic wallets, vouchers and even coupons will be automatically investigated, as the Tax Office will be immediately informed about the…
Alpha Finance “sees” room for further growth of Real Estate Investment Companies, taking into account the positive prospects of the real estate market, the possible reduction of interest rates from…
Lamda Development is examining the offers of Terna (GEK Terna group), Metka (Mytilineos group) and Intrakat – Aktor for the construction of the Riviera Galleria on the beach front of…
The Hellenic Financial Stability Fund (HFSF) decided, due to high demand, to increase the disposal of the National Bank of Greece (NBG) shares.
The Fund also announced that it will…
“Hamas is not fighting for the Palestinians, but it is stabbing the Palestinian people in the back,” Israel’s ambassador to Greece, Noam Katz, said in an interview with ‘Naftemporiki’, 40…
Star Bulk recorded revenues of 685.8 million dollars from the operation of its fleet in its nine-month period. The US-listed holding company of Petros Pappas reported a net profit of…
The Hellenic Financial Stability Fund (HFSF) has a 18% percentage in National Bank of Greece, about 27% of shares in Piraeus Bank and shares in Attica Bank.
The next step…
Greece’s state budget recorded a primary surplus of 6.084 billion euros in January-October, up from a 1.746 billion surplus target and a primary deficit of 350 million euros in the…
Μinister of Maritime Affairs Christos Stylianidis outlined the immediate priorities of the ministry in his speech at the Piraeus Maritime Club.
Officials in Brussels, he said, have begun to understand…
Tοurism Minister Olga Kefalogianni presented the main actions of the National Recovery and Resilience Plan for tourism development.
She pointed out that the foundations are being laid and the conditions…
Dr John Coustas’ Danaos Corporation is fully shielded against the weak containership market, securing, in fact, new long-term charters, while growing its footprint in the bulk carrier industry.
In its…
