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Thursday, 27 July 2023

Aegean Airlines: 2023 is a year of dynamic growth

The current year is a year of dynamic growth for Aegean Airlines, both in terms of turnover and passenger traffic, as well as in terms of profitability, the airline’s management…

Wednesday, 26 July 2023

Grid Telecom activates new high-speed telecoms network between Attica-Thessaloniki

Grid Telecom, a subsidiary company of the Independent Power Transmission Operator (IPTO), has designed, constructed, and activated an advanced data transmission axis supporting ultra-high speeds of 100 Gigabits (100G) for…

Sakellaropoulou-Mattarella agree further action against climate change

Greek President Katerina Sakellaropoulou thanked her Italian counterpart Sergio Mattarella for the dispatch of airplanes to deal with the fires affecting Greece and underlined that a joint initiative of the…

Lenarcic: Wildfires in the Mediterranean region require an immediate and united response

EU Commissioner for Crisis Management Janez Lenarcic on Wednesday made a statement on the fires in the Mediterranean. “The wildfires ravaging the Mediterranean region require an immediate and united response.…

Nestle Hellas fostering the green transition

Nestle Hellas will focus the company’s business strategy on the absorption of shocks and the maintenance of operating costs at low levels, but also the adaptation to any changes in…

Epsilon Net acquires 60% in Scan

Epsilon Net announced the acquisition of a 60% equity stake in Scan Information Systems (SCAN ABEE) for 5.0 million euros. The company, which was founded in 1982, operates in the…

Optima Bank eyes listing on the Athens stock exchange in late Septembet

Optima Bank is planning to list its shares on the Athens stock exchange in late September, its CEO, Dimitris Kyparissis, said in an interview with “Naftemporiki.” The bank’s portfolio includes…

Bulgaria-Greece “corridor” for the transport of Ukrainian grain to Kavala

Greece and Bulgaria are considering the creation of an overland corridor to transport Ukrainian grain from Varna to the port of Kavala, European sources in Brussels told “Naftemporiki”, as the…

Bill lifting requirements for Greek citizens voting from abroad passes in Parliament

A bill lifting requirements for Greek citizens voting from abroad was approved by majority vote in parliament plenary. A total of 208 of 300 deputies voted for the bill, 68…

The battle against the flames continues; 53 fires in 24 hours

A total of 53 wildfires broke out in Greece from Monday at 18:00 until Tuesday at 18:00, while at the same time many other fronts were still burning. The most…

“Naval battle” between the ports of Piraeus and Valencia for the first place in the Mediterranean

The port of Piraeus has been established as the first European port in the Mediterranean, and the fourth in Europe. However, the development of the port of Valencia and the…

Shipping companies’ investments on track for a new record high

Investments of Greek shipping companies in new ships are about to hit a new record high in 2023, having already exceeded the levels of at least the last three years.…

Tuesday, 25 July 2023

Extreme risk of fire for six Greek regions on Wednesday

There is an extreme (category 5) fire risk- high alert-on Wednesday for six Greek regions, namely, the region of Attica, the region of Central Greece (particularly Boeotia and the island…

Greek fire-fighting plane crashes, pilots killed

The pilot and co-pilot of a Canadair CL-215 that crashed while fighting a wildfire in Platanistos, southern Evia, are dead, the Hellenic Air Force General Staff announced. Flight Lt. Christos…

The Archaeological Museum of Thessaloniki a new stop in Iter Vitis Cultural Route

The Archaeological Museum of Thessaloniki a new stop in Iter Vitis Cultural Route On July 15, 2023, the Archaeological Museum of Thessaloniki  joined the Iter Vitis Cultural Route – Les…

Greek state budget records primary surplus of 2.116 bln euros in Jan-June

Greece’s state budget recorded a primary surplus of 2.116 billion euros in January-June, compared with a budget target for a surplus of 415 million euros and a primary deficit of…

Greece unveils new aid scheme to combat high energy cost

The Ministry of Environment and Energy announced on Tuesday that it would continue to support electricity consumers in August with a total amount of 19 million euros. More specifically, the…

Wildfires spur evacuations in Rhodes and Corfu

Two more villages were evacuated on Rhodes and Corfu due to wildfires on Tuesday. More specifically, the Climate Change Ministry decided the evacuation of the village Vati on Rhodes because…

PPC announces acquisition of Romanian wind farm

The Public Power Corporation (PPC) announced the acquisition of a large wind farm with an installed capacity of 84 MW in Romania through its subsidiary PPC Renewables yesterday, in a…

Mitsotakis: The Mediterranean a climate change hotspot – There is no magic solution

Preventive  actions will be the focus of the government’s planning from now on, Prime Minister Kyriakos Mitsotakis said during a cabinet meeting on Tuesday. Mitsotakis referred to the wildfires raging…

Public’s response to fines imposed for fake discounts

Greek technology and entertainment retail chain Public said that it was taken aback by the fines imposed by Development Minister Kostas Skrekas for fake discounts. “Public respects the decision of…

Wildfires in Greece burn for 8th day

The residents of Rhodes, Corfu, Karystos, and Dervanaki were faced with persistent flames yet another night, as there was rekindling of fires with firefighting forces and volunteers battling to contain…

Shipbuilding industry to return stronger in September

The shipbuilding market is expected to slow down over the next period. On the one hand, the high prices for new ship building, and on the other hand, the large…

Repayment of state guarantees in view of investment grade

Rating agencies have recommended to the financial staff of the government the repayment of the loans that have become non-operating loans but have the guarantees of the Greek state in…

Monday, 24 July 2023

Aegean Airlines’ shares up 132%

Aegean Airlines has recorded profits close to 132% on the Athens stock exchange since the beginning of the year, compared with +44% of the general index, with its capitalization exceeding…

Kefalogianni in Rhodes: First priority the safety of tourists

Tourism Minister Olga Kefalogianni on Monday gave interviews to foreign media about the management of the crisis in the tourism sector, in order to give a clear picture of the…

Fiscal Council: Growth rate at 2.8% in 2024

The Hellenic Fiscal Council in its six-monthly report on the fiscal and macroeconomic developments of the Greek economy sees a growth rate of 2.6% this year and 2.8% in 2024.…

Bank of Greece: Travel receipts up 30,7% in January-May

At a time when the fires are raging in the country and hundreds of tourists have been from hotels on the island of Rhodes, the figures of the Bank of…

Greeks sell ships of more than $5 billion

In the first half of 2023, Greek shipping companies proceeded with mass sales of older ships, mainly tankers, following at the same time a more conservative purchasing strategy. In particular,…

Mitsotakis: We will rebuild all that was lost, compensate the fire-stricken

Prime Minister Kyriakos Mitsotakis referred to the firefighters’ efforts to put out the fires in Rhodes and other areas, during his speech regarding the draft legislation on the special electoral…