MYTILINEOS Energy & Metals announced the signing of an Memorandum of Understanding (MoU) with South Korean SK E&S (SK E&S), an international company that can organically connect renewable energy, clean…
Systemic banks are expected to record high interest income that will reach 2.5 billion euros in the third quarter.
Although the interest rates for Greek banks are stabilizing, since the…
Dramatic events in the Middle East could take a turn for the worse, leading to higher oil prices with global repercussions.
The price of Brent for December delivery rose 3.67%…
A batch of economic figures are expected over the next period that will determine whether there is fiscal room for any new interventions in 2023 and 2024.
The submission of…
Independent Power Transmission Operator’s (IPTO) Ten-Year Development Program 2024-2033 provides for investments that will reach 5.7 billion euros, with the strategic priority of strengthening international interconnections and domestic electricity transmission…
Plastics Thrace is proceeding with the implementation of the 5-year Strategic Sustainable Development Plan based on six strategic axes, each of which is broken down into specific actions, actions and…
Greek Deputy Foreign Affairs Minister Kostas Fragogiannis and his Turkish counterpart, Ambassador Burak Akçapar, will meet in Athens on Monday.
The two ministers will discuss the positive agenda of collaboration…
Greece’s largest cities, Athens and Thessaloniki, changed mayors in the repeat local elections held on Sunday.
Voting took place in the country’s regions and municipalities where no single party candidate…
The Hellenic Republic Asset Development Fund (HRADF) decided to terminate the international tender process for the sale of 65% of the share capital of the company “DEPA Commercial S.A.” it…
Cruise ships traveling in the Eastern Mediterranean seem to be diverted to Greek and Turkish destinations, in order to keep a safe distance from the Israeli-Palestinian conflict, which is escalating.…
Import prices “dropped” in August, fostering expectations for price de-escalation in other sectors. More specifically, a big drop (-60%) was recorded in the prices of the electricity and gas supply…
Prime Minister Kyriakos Mitsotakis repeated his support for Israel and its right to self defence in an emergency teleconference of European People’s Party (EPP) leaders to discuss the terrorist attacks…
Greece has reportedly sent a Navy ship to the Eastern Mediterranean region, according to BBC, which is actually going to be stationed off the Israel-Lebanon border.
“Naftemporiki” has confirmed the…
Greece was among the first countries to successfully complete the repatriation of its citizens from Israel, the foreign ministry said in an announcement on Friday. This was due to the…
The Hellenic Financial Stability Fund (HFSF) seems to be receiving encouraging signals regarding the disinvestment strategy so, after Eurobank, it can also proceed with other banks.
The next bank seems…
Greece is on alert after the rapid developments in the Middle East and the impact that it may have on issues such as migration and the economy.
The attacks carried…
The marble industry seems resilient despite the negative effects that continue to exist in the market due to China’s restrictive measures to deal with COVID19.
More specifically, sales remained stable…
Shipowners and tanker market analysts assess the direct and indirect consequences of the Israel-Hamas war. All eyes are now turned on the volatility of oil prices, but also on Iran,…
Piraeus Bank announced a new voluntary exit scheme, offering compensation of up to 180,000 euros or 220,000 euros for a sabbatical leave option.
The program is focusing on the bank…
Turkey must choose whether to side with the EU, NATO and their values or with Russia, Iran, Hamas and Hezbollah, EU Commission Vice-President Margaritis Schinas stressed in his speech at…
Many tanker and container transport companies are examining their activities to the ports of Israel, due to the increased risk from the resurgence of the Israeli-Palestinian conflict.
Vessel traffic in…
Celestyal is temporarily changing its route on its award-winning ‘Three Continents’ cruise until the end of November 2023, while closely monitoring developments and maintaining constant communication with the Israeli authorities.…
The ‘Huawei Europe Enterprise Roadshow 2023’ was recently held in Thessaloniki and Athens offering the attendees the opportunity to learn about the latest innovative solutions and products.
This year’s event…
Freight rates and insurance premiums for ships entering the new sea corridor that Ukraine has “set up” have skyrocketed after the end of the joint initiative with Russia in the…
The decarbonization of shipping, as well as the financial aid of the Greek shipowners in the affected areas of Thessaly, dominated a meeting between Prime Minister Kyriakos Mitsotakis and the…
Sunlight Group Energy Storage Systems, a member of Olympia Group and a global technology company specializing in innovative industrial mobility batteries for the intralogistics sector as well as Energy Storage…
The per capita expenditure on food dropped by 5.8% at 1,825 euros in 2022 in comparison with 2009, the year before the start of the first fiscal crisis in Greece,…
Greek National Defense Minister Nikos Dendias, Bulgarian Minister of Defense Todor Tagarev and Romanian Deputy Minister of Defense Simona Cojocaru co-signed a letter for the extension of NATO’s Fuel Pipelines…
Flexible forms of private and public financing are needed so that the global shipping industry can move from the current uncertainty to a predictable phase of “green” transition, Minister of…
Star Bulk Carriers recorded last year a significant improvement in its ESG performance, combined with its strong financial results.
According to the US-listed company’s managing director, Petro Pappas, Star Bulk…
