The Japanese rating agency Rating and Investment Information (R&I) announced that it has upgraded Greece’s Foreign and Domestic Currency Issuer Ratings to investment grade BBB-, with a stable outlook.
In…
HelleniQ Energy Holdings through its subsidiary, HelleniQ Renewables, acquired a portfolio of photovoltaic projects, with a total capacity of 211 MW, developed in Romania by Mytilineos Energy & Metals.
More…
The bank’s new network has been enriched following the absorption of the Greek branch of HSBC.
Transitional work began Friday noon, after the final merger agreement was signed, and continued…
Prime Minister Kyriakos Mitsotakis is visiting Cyprus on Monday. It is the first visit of the Greek Prime Minister in Cyprus after his re-election.
Mitsotakis will meet with the Cyprus’…
HP is renewing its profile in Greece and Cyprus, Nikos Christakis, Managing Director of HP in Greece and Cyprus, said in an interview with “Naftemporiki” adding that the company’s goal…
The performance of the Greek banks based on the stress test was positive, according to European Banking Authority (EBA).
Greek banks were very close to or even exceeded the European…
Costamare has created a shipping group with assets valued, for the first half of 2023, at 5.3 billion euros. The company has extended its investments beyond containerships, including a fleet…
The “roller coaster” in the commodity exchange keeps the cost of basic raw materials high, while pressure on other operating costs, such as energy and transport, remains high.
Competition between…
More than 5 million cruise passengers are expected at Greek ports this year, close to pre-pandemic levels.
“The forecast for this year is 5.06 million cruise passenger arrivals in Greek…
The Independent Public Revenue Authority (AADE) will launch a tax raid in September and proceed with seizure of income, deposits and assets of thousands of debtors to the State.
AADE…
Citizen Protection Minister Notis Mitarakis submitted his resignation to Prime Minister Kyriakos Mitsotakis for personal reasons.
According to an announcement from the prime minister’s press office, Mitarakis will be replaced…
Defense Minister Nikos Dendias has asked the Hellenic National Defence General Staff chief, General Konstantinos Floros, to conduct an urgent administrative inquiry into the fire in Nea Anchialos and the…
Climate Crisis and Civil Protection Minister Vassilis Kikilias, during a press conference on Friday, spoke of a “difficult time” and highlighted the self-sacrifice and heroism shown by those fighting the…
Greece has rebounded since the 2009-2018 financial crisis that saw real GDP decline by 25 percent. Modest growth began to return in 2019 and unemployment dropped from its crisis peak…
Greek borrowers were asked to pay 2.5-billion-euro additional interest rate over the last year and they are now hoping that this will change as of September.
European Central Bank President…
Acsion Ltd, founded by expatriate businessman Kyriakos Anastasiadis in South Africa, is proceeding with an investment in the former industrial property of Filkeram Johnson in Pylaia Thessaloniki that will reach…
HELLENiQ ENERGY announced the signing of a financing agreement of up to 766 million euros with National Bank of Greece and Eurobank through its 100% subsidiary HELLENiQ Renewables for the…
Mytilineos will proceed with an acquisition of strategic importance in the metallurgy sector, in the near future, its president and CEO, Evangelos Mytilineos, said during a briefing of the company’s…
The profits of Performance Shipping rose for the second consecutive quarter, boosted by the solid tanker market.
In particular, the listed company on the US stock exchange recorded a profit…
Safe Bulkers’ profits remain at high levels in the first half of 2023, despite the fact that the freight market has been under pressure compared to the corresponding period of…
Mytilineos said on Thursday its turnover rose 17% to 2.516 billion euros in the first half of 2023 compared with 2.154 billion euros in the same period last year. Its…
Private sector deposits rose by 3.014 billion euros in June 2023, compared with an increase of 790 million in May, according to the Bank of Greece (BoG).
In its monthly…
“The heavy wildfires in Greece are not under control yet. In addition to the support already provided via the EU Civil Protection Mechanism, we are deploying another 2 rescEU canadairs…
Titan Group announced an 18.7% increase to 1.229 billion euros in its consolidated sales in the first half of 2023, compared with the same period last year thanks to domestic…
Alpha Bank’s new strategic plan for 2023-2025, its leading position in business banking, its enhanced capital and liquidity ratios and its dividend policy, dominated the speeches of the Chairman of…
Negotiations over business deals in the Athens Stock Exchange are underway in all sectors of economic activity and 107 working days before the end of the year 2023, Athens is…
Private sector deposits rose by 3.014 billion euros in June 2023, compared with an increase of 790 million in May, according to the Bank of Greece (BoG).
In its monthly…
A new fire broke out in Kymi, Evia, on Thursday morning. Meanwhile, the fire in Magnesia is still raging while firefighters are struggling to put out the fires in Rhodes…
Enel S.p.A., acting through its fully-owned subsidiary Enel Green Power S.p.A., signed an agreement with Macquarie Asset Management, via the Macquarie Green Investment Group Renewable Energy Fund, for the sale…
