Greece and Italy have recently recorded the highest wholesale electricity prices in Europe amid the heatwave that has hit the two countries (107.14 and 103.89 euros/MWh respectively), while in most…
Hairdressers and barber shops operating illegally constitute a major problem of the industry, according to the president of the Hellenic Federation of Barbers and Hairdressers, Maria Sotiropoulou.
In fact, she…
Tourism Minister Olga Kefalogianni visited the island of Rhodes on Wednesday, in the first official visit of the new political leadership of the Greek Tourism Ministry.
According to Kefalogianni, there…
Motor Oil Hellas announced that it received a 127 million grant from the EU’ Innovation Fund for a project called IRIS.
The company intends to sequester carbon dioxide from the…
Greek Prime Minister Kyriakos Mitsotakis and Turkish President Recep Tayyip Erdogan have the potential to render a better relationship between the two countries feasible, according to German Chancellor, Olaf Scholz.…
Turkish President Recep Tayyip Erdogan, a few days after his meeting with the Greek Prime Minister on the sidelines of the NATO Summit in Vilnius, Lithuania, referred to the Greek-Turkish…
“The pressure on coastal shipping companies has paid off, but we expect more,” Shipping and Island Policy Minister Miltiadis Varvitsiotis said on Friday, commenting on the discounts announced by four…
The lack of communication between the ship’s crew and the navigators was one of the main reasons for the grounding of the containership Ever Given, in March 2021, in the…
Greece’s emergence as a natural gas transit gateway for Southeast Europe is expected to reduce the prices for the use of natural gas transmission networks in the coming years, according…
The Greek government and the Railway Infrastructure Manager signed an agreement to increase the annual funding of the Hellenic Railways Organization (OSE) from 45 million euros to 75 million euros,…
Dimand will officially present the redevelopment project of the emblematic FIX Brewery building, at the western entrance of the city, in Thessaloniki, in autumn.
The planning has not yet been…
The privatization of the banks by liquidating the percentage that the Hellenic Financial Stability Fund (HFSF) owns in the banks is a challenging task, in which many parameters must be…
The conclusion of the negotiations for the new stability pact, on the basis of which the state budget will be drafted in August, is not expected before the end of…
Regaining the investment grade credit rating is a major challenge for the country, said Bank of Greece (BoG) governor, Yannis Stournaras, who estimated once again that this will happen in…
Global economic activity may have slowed, but the risk of a synchronized recession has for now been removed.
Inflationary pressures are slowly easing, discounting further increases in the cost of…
The Hellenic Court of Audit ratified on Thursday the signing of the contract for the first 250 electric buses in Athens and Thessaloniki.
According to an announcement by the Ministry…
Coastal shipping companies started offering ticket discounts on passenger ferries departing from the ports of Piraeus, Rafina, Thessaloniki and Kavala, following the recent meeting with Prime Minister Kyriakos Mitsotakis where…
Indicators continue to point to a relatively bullish macroeconomic outlook for 2023 and beyond, and banks’ return on tangible equity (ROTE) expansion is set to continue due to favorable lending…
The total wind power connected to the Greek grid has almost reached 5 gigawatts, according to the Hellenic Wind Energy Association (ELETAEN). More specifically, the total wind power in Greece…
Greece, after the Netherlands, Italy and Finland, has the highest rate of excise tax on gasoline, among the member states of the European Union, according to data presented in a…
Finance Minister Kostis Hatzidakis and the Hellenic Loan Servicers Association (EEDADP) in their meeting discussed the code of ethics that will govern the relations of the servicers with the borrowers…
The qualitative characteristics that make up the stock market narrative since the beginning of the year have led Athens to behave as a mature market amid expectations that it will…
The direct and indirect contribution of Greek-owned ships to the US economy, whose GDP totaled 23.3 trillion dollars in 2021, reached 1 trillion dollars.
Erick Diaz, head of Capital Markets…
The three axes that will ensure a better cooperation between Greece and Turkey were described by Prime Minister Kyriakos Mitsotakis, in his statements after the conclusion of the NATO summit…
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The reconstruction and upgrade of tank No.2, panamax class, of the Elefsina Shipyards was completed in record time, once again putting into operation one of the most important assets of…
Effie Achtsioglou announced on Wednesday her decision to run as a candidate for the leadership of SYRIZA-Progressive Alliance.
“We are faced with a time of critical decisions. The result of…
Prime Minister Kyriakos Mitsotakis and Turkish President Recep Tayyip Erdogan agreed on the road map for the next moves to improve Greek-Turkish relations at the meeting held on the margins…
The parent group of AB Vassilopoulos announced that it would issue a 5-year unsecured bond loan of 70 million euros, with an annual fixed interest rate of 6.16%.
According to…
A new umbrella for the protection of vulnerable groups is sought as banks and servicers alike will find it difficult to continue to shoulder this specific burden. Therefore, banks and…
