GEK TERNA denied press reports saying that it was planning the acquisition of TERNA Energy.
“GEK TERNA S.A. announced that following unsubstantiated market rumors and relevant press reports regarding potential…
Interest in capesize vessels is particularly strong this year, with Greek shipowners playing a leading role.
In the nine months of 2023, a total of 97 capes changed hands, 33…
DESFA adopts the new model of LNG auction process for the commitment of unloading slots at the Revythoussa terminal, with the main features being the ability to allocate capacity over…
Finance Minister Kostis Hatzidakis outlined six initiatives to support the banking sector, during his speech at an event entitled “EU Banking Sector for Southern Europe” held by the Hellenic Bank…
The battle between the major construction groups for the concession contracts continues with the Northern Road Axis of Crete (BOAK), while the competition for the Attiki Road attracts the interest…
Climate interest rates, i.e. interest rates that could incorporate housing loan subsidies as well as business loans for housing purposes, for homes and buildings that would deal with climate change,…
Economic activity is expected to suffer a slight slowdown in the short term, due to the decline in agricultural and livestock production in the areas directly affected by the floods…
Producers live with the fear of olive theft, following the recent incident when 37 tons of olive oil from the Agricultural Olive Oil Cooperative in Polygyros were stolen. The damage…
If a shipowner today orders a ship to be built in a top-class Chinese shipyard, he will receive it after 3.5-4 years.
In general, China’s major yards, which have also…
The increase in the cost of servicing the public debt leads to a deterioration in the general government’s balance sheet due to the side effects of interest rate increases by…
The applications of small and medium-sized enterprises (SMEs) submitted for financing of investment projects within the framework of the NSRF 2021 – 2027 “Green Transition of SMEs” package of actions…
Mytilineos Energy & Metals announced on Thursday the signing of a contract with Quinbrook Infrastructure Partners for the construction of a 373 MW solar farm in the UK.
Quinbrook Infrastructure…
The “green” investments of the Maria Angelicoussis Group are yielding tangible results and this is confirmed by the recent acquisition of four modern VLCCs by Maran Tankers.
The vessels emit…
Leading representatives of the shipping industry, including Minerva Dry, will proceed to the design of a kamsarmax type bulk carrier that will be able to use methanol and wind propulsion…
Expansion of electronic transactions, reduction of cash circulation, use of digital technology as well as intensive controls are among the measures that the government will take in order to combat…
Bank representatives discussed the issues of bad loans, bonds, financial results, and their further expansion in a conference call with the managing directors of banking institutions.
The discussion between the…
Stability in production, improved prices, further strengthening of extroversion but also strong concern due to ongoing inflationary pressures, price increases and increasing competition are the main conclusions of the 9th…
Antonis Papadimitriou, president of the Onassis Foundation and member of the Board of Directors of the Global Maritime Forum, addressed the major dilemmas of shipping companies regarding investments in new…
The international shipping industry has to balance between the aging of its fleet year by year and the ‘murky’ landscape around “green” technologies and alternative fuels.
Although on the rise,…
The Greek government will follow a limited borrowing strategy in 2024. The target for raising funds from the markets next year is set at around 7 billion euros versus 9…
Banks and general government organizations are benefiting from their deposits at the Bank of Greece (BoG), due to high interest rates. On the contrary, the central bank is flirting with…
Greece on Wednesday successfully auctioned 3-month Treasury bills issue with the interest rate of the issue set at 3.9%, up from 3.72% of the previous auction.
Public Debt Management Authority…
Greece is shrinking, growing old, dying and not giving birth.
According to the Hellenic Statistical Authority (ELSTAT), the number of live births amounted to 76,541 (39,558 boys and 36,983 girls)…
The Athens Stock Exchange recorded a new drop (-1.96%) on Tuesday, losing all its gains following the elections of May 21, and returned to the levels of May 19 and…
The ECB sees significant resistance in businesses to invest in the green transition, while the high cost of financing deteriorates the climate. At the same time, an important problem recorded…
The European Union aspires to build a “green customs wall” imposing tariffs on imports of carbon-intensive products, as part of the goal of rendering Europe the first climate-neutral continent.
Based…
Drug shortages are the result of four factors, according to pharmacists, who hope that the new app will bring the situation under partial control. However, the president of the Panhellenic…
Foreign Minister George Gerapetritis during his intervention at the meeting of EU Foreign Ministers in Kyiv stressed the “immense repercussions” of a possible collapse of the agreement with Russia on…
Over the past ten days, Vafias Group has carried out a barrage of investments in newly built and modern second-hand ships, continuing the expansion of the fleet.
According to shipping…
