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Friday, 15 September 2023

Hatzidakis: Greece firmly on fiscal stability and reform path

Finance Minister Kostis Hatzidakis attended the informal Eurogroup meeting held together with Ecofin, in Santiago de Compostela, Spain. Hatzidakis underlined that Greece remains on the path of fiscal stability and…

The Prime Minister’s agenda in TIF; cabinet reshuffle ‘on hold’

All eyes are turned to Prime Minister Kyriakos Mitsotakis’ speech in the Thessaloniki International Fair (TIF) on Saturday after the unprecedented disasters caused by the floods in Thessaly and the…

Environment, costs and geopolitical tensions on the shipping radar

The significant challenges after the implementation of a stricter regulatory framework about the environment, rising financial costs and geopolitical tensions in the shipping industry were highlighted during the London International…

BoG governor warns of a more unfavorable banking and macroeconomic environment

The favorable conditions which contributed to the increase in profitability over the last years are not going to continue in the future, Bank of Greece Governor (BoG) Yannis Stournaras warned…

Israeli market opens for Greek watermelons, tomatoes and zucchinis

After kiwis, the Israeli market also “opens” for Greek watermelons, tomatoes and zucchinis. More specifically, with its document, the Department of Plant Protection of the Ministry of Agricultural Development and…

Moody’s: One swallow does not make a summer

Prime Minister Kyriakos Mitsotakis is expected to arrive in Thessaloniki on Saturday for his keynote speech, while at the same time the country is trying to heal its wounds following…

Transport problems put further pressure on the supply chain in the aftermath of floods

The supply chain is facing additional problems in the aftermath of storm ‘Daniel’ in Thessaly, as road and rail transports are not carried out due to problems in the national…

Government mulling compulsory insurance of buildings and business activities

The government is mulling the compulsory insurance of buildings and business activities or the provision of strong incentives, in the context of the new review of the mechanism for dealing…

Food prices sending mixed signals

The latest data on the duration and intensity of food inflation are sending mixed signals, since on one hand price increases of imported food seem to recede, but on the…

Strategic cooperation between Vodafone Greece and Public

Vodafone Greece and Public joined forces in a new strategic partnership, focusing on the development of a network of commercial partnerships, leveraging both the dynamics of the brands and the…

Thursday, 14 September 2023

ELSTAT: Turnover of enterprises down in July

The turnover of enterprises in all sections of the economy amounted to 110.519 billion euros in the second quarter of 2023, recording a decrease of 1.8% in comparison with the…

Attica Motorway: GEK TERNA wins tender for financing, operation, maintenance and exploitation

The Hellenic Republic Asset Development Fund (HRADF) announced GEK TERNA S.A. as the preferred investor, with a financial offer of 3.27 billion euros, in the tender process for the award…

Intracom Telecom undertakes the expansion of EOLO SpA’s FWA network in Italy

Intracom Telecom announced that EOLO SpA, an Italian telecommunications operator focusing on ultra-broadband in sub-urban and rural areas, selected its WiBAS™ G5 dual-BS base station device for the expansion of…

Port of Piraeus: 85% jump in cruise passengers in 8 months

The Piraeus Port Authority (PPA) participated with its own stand in the European cruise exhibition “Seatrade Europe, Cruise & River Cruise Convention 2023”, which took place from September 6-8 in…

Between the Scylla and the Charybdis of the European Emissions Trading System

Pact Capital AG (Geneva, Switzerland), the sustainability arm of Holt Global Group is from now on offering its services for Greek power and manufacturing companies to help them understand the…

Storm ‘Daniel’ delivers blow to Thessaly’s industrial sector

Storm ‘Daniel’ caused a trail of devastation to the industrial-manufacturing businesses of the Thessalian plain, leaving behind dozens of flooded factories, mainly in the regional unit of Larissa. There are…

Peter Livanos’ Ecolog: Implementing plan for 60-ship CO2 carrier fleet

Peter Livanos’ Ecolog is proceeding with the implementation of its planning for a fleet of 60 ships that will transport liquefied CO2. Ecolog was founded to develop a global CO2…

Athens stock market slides amid volatile climate

A volatile climate that does not leave much room for optimism in the Athens stock market amid concern over the repercussions of the recent floods in Thessaly and the effects…

Mitsotakis to focus on civil protection; government reshuffle postponed

The government holds a series of meetings ahead of Prime Minister Kyriakos Mitsotakis’ speech at the Thessaloniki International Fair (TIF) on Saturday. The scenarios for government reshuffle seem to have…

Hatzidakis- Hellenic Bank Association: Measures to support loan holders and 50 million euros for infrastructure

The National Economy and Finance Ministry seeks a coordinated effort by the private sector for the rapid restoration of the serious damage caused by the severe weather conditions in Thessaly.…

Wednesday, 13 September 2023

TIF: Mitsotakis’ speech on Saturday, at 20:00

Prime Minister Kyriakos Mitsotakis will hold a speech on Saturday, September 16, at 20:00, at the “Ioannis Vellidis” Conference Center, as part of the 87th Thessaloniki International Fair (TIF). On …

Infrastructure Ministry: The three key elements of its planning

With a special provision voted today in the Parliament, the Ministry of Infrastructure and Transport will proceed with the planning and implementation of urgent repair works in areas affected by…

MSC entering the port of Hamburg

The proposal of the shipping giant Mediterranean Shipping Company S.A. for the acquisition of 49.9% of the shares of Hamburger Hafen und Logistik (HHLA), the managing company of the port…

Economic crises and unpreparedness the main problems of shipping

Difficult conditions prevail in the domestic coastal shipping, as no solution has been given to the chain problems it has been facing over many years, with the responsibilities falling both…

DEPA Commercial tender for gas procurement in Moldavia

DEPA Commercial S.A. was the winner of the tender, submitting the most competitive bid among the other participants, that ENERGOCOM conducted on September 5, 2023, which is expected to significantly…

Ursula von der Leyen: The future of industry must be built in Europe

In the 2023 State of the Union address, European Parliament President Ursula von der Leyen focused on clean energy and the investigation into possible unfair competition from China. “We have…

Greek banks to freeze all payments for flood-stricken in Thessaly

Greek banks seem to have decided a freeze on all payments until December 31, 2023 for all the flood-stricken people in Thessaly, while they are expected to specialize the support…

Restoration of damage to be financed by reallocation of funds totaling 2.25 bln euros

The restoration of the damage caused by the floods in Thessaly will be financed by the reallocation of resources available to Greece, such as the two NSRFs as well as…

Critical dates for the government; local administration elections and reshuffle

The government is focusing on its future moves following the successive crises. The next few weeks will be critical for the advancement of a number of important issues. The first…

Thessaly floods to trigger a ‘storm’ of price increases

The huge disaster that the primary sector of Thessaly suffered after the recent floods is expected to trigger a “storm” of increases in food prices as the market would strive…