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Thursday, 21 Αυγούστου 2025

Fires on ships a major issue for global shipping – Critical warning for Greek ports

Following a series of fires that have broken out in 2025 on container and vehicle transport ships, such as the WAN HAI 503 and MSC ELSA 3 in the Indian…

The Athens stock exchange after the bailouts – How far has the Greek stock market advanced?

Seven years after the bailouts, the Athens Stock Exchange managed to make steps forward with considerable effort and sacrifices. More specifically, it has left behind the investment difficulties and become…

Wednesday, 20 Αυγούστου 2025

Greece’s economic situation seven years after the bailouts

It has been 7 years since Greece has left behind the memoranda. The narrative at the time was that we were entering a new era, that “the difficult times are…

Bank of Greece: Tourist arrivals down 1.7% – Receipts up 8.8%

In June 2025, the current account recorded a deficit of 1.2 billion euros, compared with a surplus in the corresponding month of 2024, due to the deterioration of the balances…

IPTO uses drones to coordinate fire fighting operations

The unmanned aerial vehicles (drones) of the Independent Power Transmission Operator (IPTO) contributed to the coordination of the operations of the Fire Department to extinguish the recent fires in Attica…

The “recipe” for success in using Artificial Intelligence – A guide for employers and employees

Practical guidance for both organizations adopting Artificial Intelligence and professionals who want to adapt and evolve in the era of genetic and agentic AI is offered by the research of…

Greece: Seven years without memorandum – The largest business deals

Greece’s business landscape has changed as a result of a series of important agreements in the post-memorandum period characterized by a series of important agreements. From emblematic acquisitions and decisive…

Stock Market: Energy stocks on the rise – Returns up to +63%

One of the “protagonists” of the current rally on the Athens Stock Exchange seems to be the energy sector, which continues to offer significant returns to shareholders. In particular, 5+2…

Koumpenas to “N”: Cruise sector shows positive performance in 2025

“The performance of the cruise sector is exceptionally good,” said George Koumpenas, operations director of Celestyal Cruises and president of the Association of Cruise Ship Owners and Maritime Agencies  (EEKFN),…

SK Group acquires full ownership of ELVO to expand defence production and exports

SK Group acquired full ownership of ELVO, manufacturer of specialized military and civilian vehicles. The acquisition underlines SK Group’s long-term commitment to the country – strengthening domestic industry, promoting innovation…

Tuesday, 19 Αυγούστου 2025

Economou: New order for 4 LNG carriers totaling 1 billion dollars

A large shipbuilding program for LNG carriers and dual-fuel containerships is being run by the TMS group owned by George Economou. The latest order, worth one billion dollars, is in…

Salamis Shipyards delivers four new pre-equipped blocks of the French frigate “Admiral Castex”

Salamis Shipyards completed and delivered four pre-equipped blocks for the third FDI frigate of the French Navy, the “Admiral Castex.” As emphasized in a statement issued by Salamis Shipyards, the…

Cyprus and Bulgaria boosted Eurobank’s profits

The Bulgarian and Cypriot markets played a decisive role in Eurobank’s profits in the first half of the year, as CEO Fokion Karavias admitted during the briefing for international analysts…

Restaurant revenue down as tourists opt for ready-to-eat meals and street food

The “Greek summer” is expected to have a small footprint in the revenues of restaurants this year, as the ready-to-eat meals and street food have reduced the turnover of traditional…

Athens stock market: Total value of listed companies up by 44.8 billion euros

The aggregate capitalization of the approximately 150 companies listed on the Athens stock market amounts to just over 148 billion euros. An amount seen again in May 2008, that is,…

Holiday home prices record a 10% jump

The sale price of newly built holiday homes are recording an increase of more than 10% compared to 2024, according to an analysis by Elxis-At Home in Greece, a company…

Strong volatility in the bulk carrier market

The dry bulk carrier market continues to move on a trajectory of intense volatility, influenced by geopolitical developments, trade uncertainties and China’s stance, while Greek shipping companies listed in the…

Monday, 18 Αυγούστου 2025

Budget shows a primary surplus close to 8 billion in Jan-July – Tax revenues exceeded 40.5 billion

A surplus of 2.188 billion euros in the state budget balance was recorded in the period January – July 2025, compared to the target for a deficit of 1.961 billion…

Cargo growth while freight rates fall: Strong performance for the global container market

Container shipping is going through a period of contradictions, as data shows increased cargo traffic in ports but at the same time intense pressures on freight rates. At the port…

Kikilias: Greek shipping offers high salaries and promising career prospects

The high salaries and prospects offered by a career in Greek shipping are highlighted by Minister of Maritime Affairs and Insular Policy, Vassilis Kikilias, with a new spot on social…

Eldorado Gold appoints Christian Milau as president – Focus on Skouries project

Eldorado Gold has announced the appointment of Christian Milau as President, effective September 12, 2025. Milau has 25 years of experience in finance, capital markets, and mining, with expertise in…

Crediabank confirms discussions for the acquisition of HSBC Malta

CrediaBank S.A. confirmed that it has entered into exclusive discussions with HSBC Holdings plc and has been identified as preferred bidder regarding the potential acquisition of HSBC’s 70.03% shareholding in…

XRTC Business Consultants: Modernization of Greek coastal shipping

Greek coastal shipping is at a turning point of historical importance, according to the annual report of XRTC Business Consultants, under the guidance of its founder and CEO, George Xiradakis.…

Greek economy: All eyes on TIF, budget and two rating agencies over the next days

Α new round of meetings is expected to begin this week ahead of the Thessaloniki International Fair (TIF) and the announcements to be made on September 7, with the aim…

Thursday, 14 Αυγούστου 2025

Okeanis Eco Tankers on a steady, profitable course

Okeanis Eco Tankers Corp., owned by the Alafouzos family, remained on a profitable path, according to data released by the shipping company for the second quarter and the first half…

National Bank of Greece accelerates its digital transition

National Bank’s transformation program – a significant part of which concerns digitalization – is underway, and is expected to be completed in the first quarter of 2026. Greek banks seem…

Global geopolitics shakes the tanker industry

The global tanker market is undergoing constant upheaval, due to geopolitical developments and Western sanctions. According to analysts, from the surge in demand for Aframax after the Russia-Ukraine war and…

Athens Stock Market: The 13 stocks driving the August rally

Τhirteen stocks appear to be leading the August rally on the Athens Stock Exchange, which in eight sessions has offered an average return of more than +6%. In fact, it…

Moody’s: Positive forecasts for Greek banks come with caveats

Moody’s forecasts for Greek systemic banks are cautiously optimistic, in terms of their assets, capital position, and interest income. Asset quality Moody’s analysts see continued improvement in the asset quality…

Piraeus Bank’s plans after Competition Commission clears Ethniki Insurance acquisition

Piraeus Bank is ready to strengthen its presence in the insurance sector through a shareholding relationship after the Competition Commission gave the green light for the acquisition of Ethniki Insurance.…