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Monday, 24 July 2023

Profile on track for new acquisitions

The CEO of Profile company, Evangelos Angelidis, in an interview with “Naftemporiki”, focused on the strong and healthy position of Profile, which allows the smooth implementation of its investment program,…

Rhodes: Assessing the effects of wildfires on tourism

The wildfire that has been raging on the island of Rhodes for more than six days is a major blow to the tourism of Rhodes – one of the top…

Fires: Rhodes, Corfu, Egio, Karystos and Yliki

The firefighting forces were fighting the flames in Rhodes, Corfu, Egio, Karystos and Yliki with airplanes starting to operate early on Monday. In Rhodes, 266 firefighters with 55 water trucks…

Greeks are cautious, but positive over ChatGPT, new research shows

Focus Bari conducted a survey entitled “The Greeks & ChatGPT” in July and its main findings are as follows: · The Greek public is divided as to what the impact…

Sunday, 23 July 2023

Rhodes fire still burning; largest evacuation operation ever in Greece

Firefighters continue fighting the blaze burning for a sixth day in three active fronts on the island of Rhodes on Sunday. The main front was on Sunday at Kiotari and…

Greece’s current account deficit down in January-May

Greece’s current account deficit dropped by 431.3 million euros year-on-year totaling 1.6 billion euros, according to the Bank of Greece. The reduction in the goods deficit is accounted for by…

Saturday, 22 July 2023

Yachting: Greece ranks first in 2023

Greece once again ranks first among the main competitors in yachting this summer, attracting tourists from all the main, but also from alternative and emerging markets. According to data shared…

Friday, 21 July 2023

Uncertainty over the extension of the emergency measures in energy market

All bets are off for the extension of the emergency measures in the wholesale and retail energy market (which normally expire on September 30). Any decisions will be taken in…

Fires: The EU is sending additional firefighting forces in Greece

The EU is mobilizing additional aerial firefighting forces for Greece through rescEU, as European Commissioner for Crisis Management, in charge of European Civil Protection and Humanitarian Aid, Janes Lenarcic, announced…

Turkey’s decision to forbid liturgy at Orthodox monastery of Panaghia Soumela dissapointing

The decision of the Turkish authorities not to allow a liturgy at the historic Orthodox monastery of Panaghia Soumela on August 15, which is a Greek religious holiday, is an…

Kikilias: The entire state mechanism will be on alert

A broad inter-ministerial meeting was convened on Friday morning at the Ministry of Climate Crisis and Civil Protection chaired by Minister, Vassilis Kikilias, in order to coordinate the next moves…

High electricity demand; it broke the barrier of 10 GW

Demand for electricity jumped to annual record levels on Thursday, surpassing the 10 GW “barrier” at midday, ahead of the start of the second heat wave. The electricity network has…

ELGEKA announces decision to delist from the Athens stock exchange

ELGEKA announced its decision to delist from the Athens stock exchange, after 24 years of presence. It is the 309th company exiting the stock market since 2000 (when the delisting…

The Greek government announces measures for fire-stricken

The Ministry of Climate Crisis and Civil Protection announced thirteen measures to support the fire-stricken citizens in cooperation with all the ministries involved (Climate Crisis and Civil Protection, Finance, Interior…

Firefighters scambling with rekindlings in W. Attica, Laconia and Rhodes

he Fire Brigade together with the volunteers were battling with the flames throughout the night on the fronts of Western Attica, Laconia and Rhodes. According to the Fire Department, the…

Bill lifting restrictions for Greeks voting abroad to pass in Parliament

The bill that will lift restrictions for Greek citizens voting in elections abroad is expected to be approved in the Plenary Session of the Parliament with a large majority of…

Thursday, 20 July 2023

TITAN Group: Venture Capital Initiative to promote innovation

TITAN Group announced its Venture Capital initiative, which aims to promote innovation in the construction ecosystem. Through this initiative, the group aims to invest up to 40 million dollars in…

Fires: Evacuation order in Inoi and four areas near Dervenochoria due to rekindling

A message for evacuation via emergency number 112 was sent to residents in the area of Inoi and also of Agia Sotira, Paleokoundoura, Panorama Mandras and Paleoxori in west Attica…

Bulk carriers at the center of investments

Big names in Greek shipping have been recently investing significant funds in new-built and second-hand bulk carriers, urging other small and medium sized companies to do so, ultimately causing a…

Eurobank’s strategy focuses on its shareholders

Eurobank’s strategy will focus on shareholder reward from now on, the bank’s managing director Fokionas Karavias said during his speech to the general shareholders. The next goal is the distribution…

Greece braces for its second extreme heat wave

Greece braces for its second extreme heat wave on Thursday that will last until next Sunday. Temperatures are rising again throughout Greece, with forecasts predicting 43 Celsius during the day.…

EETT to decide on telecoms pricing policy changes

The Hellenic Telecommunications and Posts Commission (EETT) is called upon to take a decision on whether to give telecommunication providers the chance to restructure their pricing policy in the current…

Mitsotakis to announce planned measures to protect forests

Prime Minister Kyriakos Mitsotakis said on Thursday that the government will announce specific steps as regards the policy for forests following the recent fires throughout Greece. In his statements from…

Greece a champion in food inflation

Despite the fact that food inflation in Greece reached 12.6% in June, the rate is lower than the 13.8% recorded in the European Union. However, price increases in several basic…

Firefighting forces focusing efforts on Rhodes and Western Attica on Thursday

Ground teams, 5 aircraft and 5 helicopters operate on the island of Rhodes where the wildfire is raging for a third day. In Western Attica, firefighters are scrambling to contain…

Interview of Professor Johann G. Goldammer to “Naftemporiki”:  What is already happening with fires, it will become worse

By Michalis Psilos “What is already happening with fires, it will become more problematic and worse,” Professor Johann G. Goldammer, director of the Global Fire Monitoring Center, hosted by the…

Russia’s decision to halt Ukraine grain deal to affect food market and shipping

Russia’s decision to halt a deal that allows grain to flow from three Ukrainian ports on the Black Sea (Odessa, Chornomorsk, Pivdennyi) will have serious consequences for the global food…

A step forward to Crete – Cyprus – Israel electric interconnection

An important step in the electric interconnection of Crete – Cyprus – Israel (with EuroAsia Interconnector as the implementing body) is the signing of the contract, amounting to 1.43 billion…

Wednesday, 19 July 2023

Eastern Attica: 3,472 hectares burned in wildfire

Some 3,472 hectares (34,724 stremmas) were destroyed by the wildfire that broke out on Monday at Kouvaras, in Southeast Attica, and which spread to the East Attica areas of Lagonissi,…

Deloitte: The corporate credit risk of the transition to the green economy

Deloitte Greece published the results of the credit risk impact assessment exercise from the transition of Greek businesses to the green economy. The exercise entitled “Transition risk exploratory impact assessment…