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Wednesday, 19 July 2023

Fire in Rhodes raging οut of control

The fire that broke out on Tuesday afternoon on the island of Rhodes is raging out of control on four fronts. Strong ground and aerial firefighting forces are scrambling in…

Greek state raises 250 million euros at 3.3 pct

The Greek state raised 250 million euros from the markets at an interest rate of 3.3%, by auctioning Greek bonds maturing on June 15, 2028. Only the market’s primary dealers…

SELPE: 5 out of 10 internet users are systematic online shoppers

Five out of 10 internet users are systematic online shoppers since they make an online purchase at least every 15 days, according to a survey carried out by the Hellenic…

Greek maritime technology companies attracting investors

Greek maritime technology companies are a pole of attraction for investors, as a few months after the acquisition of MarineTraffic, another company with a noteworthy project, DeepSea Technologies, announced a…

Marinakis: Top priority the compensation of fire-stricken

Compensation for those affected by the fires is a top priority for the government, government spokesman Pavlos Marinakis said on Wednesday in an interview with Action 24 TV. He underlined…

Wildfires in Loutraki, Dervenochoria and Rhodes raging amid strong winds and scorching temperatures

A difficult day dawns, as fires in Loutraki, Dervenochoria and Rhodes are still raging with firefighters battling to contain the spread of the flames. The rekindlings and changes in the…

Greek debtors faced with strict penalties

Greek debtors are at risk of losing access to their bank accounts as well as having their mobile phones and properties confiscated, and even facing criminal prosecutions, as of August…

Greek construction groups eyeing concession contracts and PPPs

Major construction groups are focused on three concession contracts plus two public private partnerships (PPPs) regarding five highways, with a total budget exceeding 5 billion euros. The relevant procedures for…

Piraeus port: Normalization of conditions in the supply chain

The itineraries of the container ships were carried out normally leading to the normalization of the conditions in the supply chain during the six-month period, according to market executives. Many…

Tuesday, 18 July 2023

Greece in the spotlight; Αthens and Piraeus to host the UEFA Super Cup 2023

Greece will be in the spotlight in August, as Athens and Piraeus will host for the first time the UEFA Super Cup, between Manchester City and Sevilla. The match between…

The Copernicus Service for immediate mapping of fire-stricken areas in Attica, Boeotia, Corinth activated

The Emergency Planning and Civil Protection Unit activated the Copernicus/Emergency Management Service – Mapping of the European Union, following the order of the General secretary general of Civil Protection, as…

Prokopiou invests in the construction of dozens of ships

Shipowner Giorgos Prokopiou has indulged in a series of investments in 2023. According to the latest reports of shipping companies, companies of interests of the Greek shipowner group, entered into…

Fires: Four Canadairs from France and Italy expected to arrive in Greece

Four canadairs from France and Italy are expected to arrive in Greece to help put out the fires, after the activation of the Civil Protection Mechanism, EU Commissioner for Crisis…

Ethniki Insurance adopts a new strategy

Ethniki Insurance is focused on the culture of development, empowerment and recognition of people, Dalia Tomprou, head of the company’s Human Resources Coordination Department, said in an interview with “Naftemporiki”…

Attiki Odos: Bids evaluation process begins; contract award to be announced in the fall

The Hellenic Republic Asset Development Fund (HRADF) will proceed with the evaluation of the offers of the six schemes that submitted bids in the tender for the concession of Attiki…

Lower budget deficit fuelled by tax revenue boom

The Greek state budget showed a deficit reduced by 1.8 billion euros in the first half of the year, compared with the estimates. It also showed a primary surplus of…

Elections for the 10th IMO secretary general to be held on Tuesday in London

Elections for the 10th secretary general of the International Maritime Organization (IMO) will be held on Tuesday, July 18, at the organization’s headquarters in London. According to sources, chances are…

Attiki Odos: 6 bids for its new concession contract

Six (6) bids were submitted in the tender for the concession contract regarding the financing, operation, maintenance and exploitation of the Attiki Odos for a period of 25 years, said…

Kikilias: 81 forest fires; immediate restoration of damage

The Minister of Climate Crisis and Civil Protection, Vassilis Kikilias, pointed out that 81 forest fires broke out in the last 24 hours, while 544 firefighters were operating in the…

Greece: Firefighters continue battling the fires on several fronts

Firefighters with the assistance of residents and volunteers were battling the flames all night. A total of 87 forest fires broke out on Monday. The four most serious occurred in…

Monday, 17 July 2023

Fitch: Greek banks improve credit profiles by de-risking

Greek and Cypriot banks’ credit profiles have improved in the past year due to de-risking and restructuring, Fitch Ratings said in a new report. Fitch has taken positive rating actions…

Zagorin: Expansion of cold storage areas

The Agricultural Cooperative of Zagora (“Zagorin”) is launching an investment of more than 3 million euros for the creation of new cold storage facilities with a capacity of 4.5 thousand…

Greek budget showed a primary surplus of 2.1 bln euros in Jan-June

The Greek state budget recorded a primary surplus of 2.166 billion euros in the January-June 2023 period, compared with a budget target for a surplus of 415 million euros. Tax…

Fire in Neos Kouvaras (Attica region): Reports of damage to houses 

Greek Civil Protection has called an emergency inter-ministerial meeting on Monday due to the forest fires being fanned by strong winds. The meeting will include National Defense, Citizen Protection, Health,…

DEPA Infrastructure: Development of natural gas network in Patras

DEPA Infrastructure, an Italgas Group company active in natural gas distribution in Greece, and the Region of Western Greece announced a new, modern natural gas distribution network that will upgrade…

Energy support measures: Greece ranks 5th in the European Union

The measures taken by Greece to minimize the side effects of the energy crisis reached almost 4% of GDP, with Greece among the countries that provided the strongest support to…

Investments of 2 billion euros for data centers and networks in Greece

The goal of making Greece a hub for data traffic and storage, connecting the Middle East and Africa with Europe, seems feasible, with the ongoing investments of US tech giants…

Greek AADE launches tax audits for those who declared an income of up to 10,000 euros

Taxpayers who declared an income of up to 10,000 euros last year are under the microscope of the Independent Authority for Public Revenue (AADE). Auditors will proceed with cross-checks to…

Hydrocarbons: The next milestones

The developments in the field of hydrocarbon research are “well underway” by the companies that have been granted the “plots” in western Greece and the maritime areas of Crete. The…

The 4 important changes in Greece’s tax system

The finance ministry is proceeding with radical changes to the tax system, including the mandatory use of POS to all business sectors that carry out retail transactions, aiming at combating…