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Wednesday, 01 November 2023

Minster of Maritime Affairs Stylianidis stresses need for EU funds to renew the coastal fleet

Minster of Maritime Affairs and Island Policy, Christos Stylianidis, during his meeting with the Association of Banking and Financial Executives of Hellenic Shipping, stressed the need to attract capital to…

Greek Finance minister Hatzidakis unveils nine initiatives

National Economy and Finance Minister Kostis Hatzidakis presented a series of initiatives for the transition to an economy based on the quantitative and qualitative increase of investments, as well as…

Tuesday, 31 October 2023

French Ambassador: Great opportunities for Greek investments in France

French Ambassador, Laurence Auer, called on Greek businessmen, especially in the field of high-tech start-up companies, to invest in France, during a press conference held at the French embassy, in…

DELTA: Expands its portfolio with the acquisition of Cold Sin

DELTA is re-approaching the domestic ice cream market after 17 years of “absence” following the acquisition of the “Cold Sin” company. The company, based in Lamia, is the official national…

Greek premier Mitsotakis announces changes on freelancers’ taxation

We are firmly focused on reforms,” Prime Minister Kyriakos Mitsotakis said during the cabinet meeting on Tuesday, stressing that what he announced during the Thessaloniki International Forum (TIF) on tax…

Intracom Telecom: Preparing a comeback to the Greek market

Intracom Telecom, a company that produces high technology and integrated products (hardware and software), seeks to relocate to Greece, as 70% of its annual turnover comes from abroad. Ioannis Poulos,…

Greek banks are preparing 3-billion-euro bond issuance

Greek banks will proceed with the issuance of bonds, mainly Senior, amounting to 3 billion euros in 2024 against their MREL (Minimum Requirement for Equity and Eligible Liabilities) targets, which…

Two Chinese rating agencies upgrade Greek economy – Congratulations from the embassy

The Embassy of China sent a congratulatory notice to the Ministry of National Economy and Finance, after Greece’s credit rating was upgraded by two of China’s largest credit rating agencies.…

SEV: Competitive energy costs critical for the industry

Despite their occasional reduction, energy prices are high and are expected to remain at these levels. Therefore, ensuring a predictable and competitive energy cost for energy-intensive businesses in the face…

Ambassador Xiao Juncheng: More Chinese investors after the Chinese investment grade in Greece

The recent upgrade of Greece’s credit rating to investment grade by two Chinese rating agencies will lead to more Chinese investors coming to Greece, Chinese Ambassador Xiao Juncheng said during…

Greek-Chinese conference: “An ancient path to modern prosperity”

China Media Group organized the event “An Ancient Path to Modern Prosperity” – “Belt and Road” Dialogue between China and Greece in a central hotel in Athens. The Chinese group…

Monday, 30 October 2023

Naftemporiki and China Media Group sign memorandum of cooperation

The Group of Naftemporiki and China Media Group (CMG) signed a memorandum of cooperation on Monday in the framework of a Greek-Chinese conference entitled “An ancient path for modern prosperity”…

Increased orders for newbuilt LR2 tankers

There has been much talk in recent years about the container ship order book and the imbalances that will come to the market from multiple newbuilt deliveries amid sluggish demand.…

“Thess INTEC” contribution to Greece’s digital transformation

The presidential decree for the 4th generation Science and Technology Park “Thess INTEC” in eastern Thessaloniki is expected by the end of November. Meanwhile, the additional Strategic Environmental Impact Study…

Inflation and entrepreneurship

It is known that the level of inflation affects the purchasing power. When inflation is high, the value of money decreases over time, delaying the implementation of investments, as their…

HFSF launches sale process for the disposal of its stake in Alpha Services and Holdings

The Hellenic Financial Stability Fund (HFSF) launched a formal sale process for the disposal of its entire stake in the share capital of Alpha Services and Holdings S.A. In an…

Freelancers: Changes in the taxation system – The measures to combat tax evasion

The Ministry of National Economy and Finance is proceeding with the radical change of the taxation system for freelancers and the self-employed together with the implementation of measures to combat…

Listed companies distributed 3 billion euros in 10 months

The listed companies’ cash distributions to their shareholders reached 3 billion since the beginning of the year after the last cash distribution of 200 million (1.47 euros/share) by Jumbo last…

E-commerce: Positive prospects; storage, transport and digital transformation the main challenges

The e-commerce sector is expected to grow significantly in the coming years and this is an opportunity as well as a challenge, according to the conclusions of the Panhellenic Research…

Food, energy and fuel continue to trouble the financial staff

The risk of higher electricity bills and more expensive fuel together with soaring food prices are three factors that have sounded the alarm to the government. Three ministries – National…

Foreign Ministry sources: Greek initiative for a humanitarian sea corridor to Gaza

Greece is considering the possibility of creating a sea corridor in order to bring humanitarian aid to Gaza, according to diplomatic sources. “Greece, which from the first moment stressed the…

Friday, 27 October 2023

Greece recognized as the world capital of ship management

Athens / Piraeus participation among the largest shipping centers in the world lays on ship management. According to research by DNV and Menon, Greece is recognized as the world capital…

Skaramangas and Elefsis Shipyards a great opportunity for Greek economy

The resumption of the two major shipyards and their cooperation with the shipping cluster is a great opportunity for the Greek economy. Under the guidance of leading shipowner George Prokopiou,…

Shipping: Greece wins gold medal in terms of capacity

Greek shipowners have the largest commercial fleet in the world in terms of transport capacity, while at the same time they own the second largest in terms of value. According…

Trade Estates: It will distribute 90% of its profits

Trade Estates will proceed with the distribution of 90% of the company’s net annual profits, instead of the 50% that Real Estate Investment Companies are required to distribute as a…

DIS and ION Join Forces to Elevate Chocolate Industry with SFA mobile cross platform “b-anywhere

DIS is excited to announce a partnership with ION, the iconic Greek chocolate company, celebrated for its legacy of delectable crafting chocolate treats for over 85 years. This collaboration signifies…

AADE to integrate AI in the fight against tax evasion

A total amount of 100 million euros from the “Digital Transformation 2021-2027” program of the NSRF will be channeled to the digital strengthening of the Independent Public Revenue Authority (AADE).…

Natural gas taxes spark tension

Bulgaria’s gas tax has sparked tension in a period of intense volatility in energy prices. More specifically, Bulgaria has imposed an extraordinary tax of 10 euros/MWh on Russian gas transported…

Hellenic Cables: Submarine cable supply contract with Seaway 7

Hellenic Cables and Seaway7 signed a deal for the EastAnglia 3 offshore wind farm being developed by Scottish Power Renewable. According to an announcement, the partnership demonstrates Hellenic Cables’ commitment…

Public: More than 100 million online and physical visits in the last year

Public has recorded over 100 million online and physical visits to the stores as well as to Public.gr over the last year. According to the company, more than 70% of…