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Thursday, 24 July 2025

Targeted measures to help exports deal with US tariffs

Targeted support measures for export sectors affected by adverse trade disruptions, such as US tariffs, are proposed by a study by the State Budget Office in Parliament. The study highlights…

The effects of Trump tariffs on Greek agricultural products

The potential imposition of 30% tariffs on products imported from the European Union to the US is expected to have a strong knock-on effect on Greek fresh agricultural products and,…

Wednesday, 23 July 2025

Divergence between Greece and the eurozone in housing loan demand

Demand for business loans increased in both Greece and the Eurozone in the second quarter of 2025. In contrast, demand for mortgage loans from Greek households continues to decline —…

METLEN secures £34.8 million new UK EPC contracts for solar and storage projects

Metlen has signed two new contracts for the Engineering, Procurement and Construction (EPC) of renewable energy projects in the UK, further strengthening its presence in the country. The total value…

Government mulls new measures to support citizens – Announcements expected at TIF

Prime Minister Kyriakos Mitsotakis’ announcements at the Thessaloniki International Fair (TIF) on September 6 and 7 are expected to be finalized after August 15. As August draws to a close,…

Athens stock exchange: “Sign” of return after US-Japan agreement

The Athens Stock Exchange is expected to receive a “signal” from the foreign markets, with the US-Japan trade agreement improving investor sentiment. Although the Greek market has had two consecutive…

Tourism Minister Kefalogianni visited Santorini, Sikinos, Folegandros and Anafi

Minister of Tourism Olga Kefalogianni visited Santorini, Sikinos, Folegandros and Anafi as part of the ongoing dialogue with local communities and public entities on the specific islands, following the signing…

Coastal shipping and yachting, fundamental elements of Greek maritime tradition and tourism

Aiming at promoting and strengthening the country’s maritime tourism, the Hellenic Chamber of Shipping is paying tribute to coastal shipping and yachting. The President of the Hellenic Chamber of Shipping,…

SKY express: 33% jump in international passenger traffic in Q2

SKY express recorded a steady upward trend in the second quarter of 2025 in Greece and abroad. The company’s total passenger traffic increased by 16% compared to the corresponding period…

Tourism: Revenues reach 4.352 billion in the first 5 months – Arrivals exceed 7 million

A total of 7.089 million foreign tourists “landed” in Greece during the five-month period from January to May 2025, boosting travel receipts to 4.352 billion euros, according to data announced…

Generali Hellas announces acquisition of Euroclinic Group

Generali Hellas announced the signing of an agreement for the acquisition of the Euroclinic Group from Akkadia Holdings Limited. The investment is part of the strategic plan “Lifetime Partner 27:…

Tuesday, 22 July 2025

How to bridge the investment gap

The Foundation for Economic and Industrial Research (IOBE) proposed a framework to boost investments, as well as the timely and effective implementation of the loan component of the National Recovery…

Cosmos Sport announces strong 2024 financial results

Cosmos Sport announced an increase in its financial figures in 2024. According to the published balance sheet for the fiscal year from February 1, 2024 to January 31, 2025, the…

Banks weigh next moves on credit expansion

A critical bet for the country’s economic growth is undoubtedly the credit expansion of banks. The second quarter is considered equally crucial in terms of whether the banks’ ambitious goals…

Entersoft-SOFTONE: Majority stake in Simply

Entersoft–SOFTONE has strengthened its position in the retail software market after acquiring a majority stake in Simply, a software company for businesses and retail stores. The company noted that this…

Athens stock exchange: 15 listed companies with low P/E

As the Athens Stock Exchange General Index has soared +35% since the beginning of 2025, there are many analysts who have begun to examine the valuations, in order to determine…

Wizz Air launches two new direct flights from Athens to Warsaw

Wizz Air has announced the launch of two new direct routes from Athens to Warsaw Modlin Airport, further expanding its network in Greece. The new routes start on 1 December…

Reductions or even abolition in bank charges and commissions

The new charges from banks and ATM providers are expected to be implemented in August, following the intervention of the Minister of National Economy and Finance, Kyriakos Pierrakakis, who is…

Greece introduces new cruise passenger fee

Passengers who disembark from a cruise ship at a Greek port will be charged a special fee, which will amount to 20 euros per person for the ports of Mykonos…

Technology presents numerous investment opportunities

Greece is becoming an attractive investment destination in the technology sector, as shown by the data of the recent EY study. The analysts recorded an improvement in the qualitative composition…

Major public projects at a standstill amid lack of funding

Activity in the tenders for major public works remains at low levels, while several tenders for important infrastructure – both road and metro projects – have been “stuck”, due to…

Monday, 21 July 2025

METLEN and Copec EMOAC sign 15-year PPA for renewable energy

METLEN has signed a 15-year Power Purchase Agreement (PPA) with Copec EMOAC, for the supply of renewable electricity from four solar plants in METLEN’s Chilean portfolio, according to the announcement.…

Greece trails Europe in wage increases

Greece is at the bottom of the EU in terms of GDP per capita and purchasing power. It is also at the bottom in terms of wage increases, which explains…

Diana Shipping acquires 7.7% in Genco Shipping

Diana Shipping Services has been making well-considered and risk-calculated investments over the last three years. The latest move is the entry, with a 7.7% stake, in Genco Shipping, also listed…

IPTO: European Energy Commissioner visits critical infrastructure in Attica

The Converter Station of the Crete-Attica electrical interconnection and the upgraded 400 kV Koumoundouros Extra High Voltage Center, in Aspropyrgos, Attica, were inspected by the European Commissioner for Energy and…

Eurobank’s egg hub is an innovation accelerator

Greece’s start-up ecosystem is changing significantly with the operation of the egg hub, a Eurobank initiative for multi-level support of innovative business activity that has been in operation for 12…

Athens Stock market: 9-month performance leading above 2,000 points

The Athens Stock Exchange has paved the way for achieving its 9th consecutive month of gains, with the General Index maintaining a steadily positive trajectory from last November until today,…

Air and sea transport first in line for green fuels

European Community Shipowners’ Associations (ECSA) and Airlines for Europe (A4E) are calling, in a joint letter, for priority to be given to the production and availability of affordable green fuels…

Games of Chance: Greek market’s revised turnover reached 6.7 billion in Jan-May

The Hellenic Gaming Commission announced an increase in the adjusted turnover of the gambling market. According to the Commission’s data, the adjusted TGR turnover in legal gambling amounted to 6.7…

JTI: Strong financial figures; consolidation in the domestic market

Japan Tobacco International (JTI)  announced improved financial figures and further consolidation of its position in the domestic market. In particular, during the previous financial year, JTI’s turnover amounted to 834.9…