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Thursday, 17 July 2025

Greece ranks third in EU poverty rates

At least 11 EU countries have recorded an increase in poverty rates over the past three years. Women and young adults face a higher risk of poverty or social exclusion.…

Skaramangas Shipyards and TKMS sign MoU for submarines

A Memorandum of Understanding (MoU) between the German company TKMS (Thyssenkrupp Marine Systems) and Skaramangas Shipyards, regarding the implementation of a Mid-Life Upgrade (MLU) program for Greek submarines, was signed…

Electrical and electronic goods: Low expectations for sales in 2025

The electrical and electronics sector has lower expectations for the current year, despite the fact that  there was a small growth in the first five months of 2025 based mainly…

METLEN honors its people in the new campaign “We are METLEN”

METLEN, a global company with a Greek heart, is launching its new campaign titled “We are METLEN.” With operations in over 40 countries, a workforce of more than 9,000 employees,…

Cyprus-Greece cable is at a critical crossroads

A videoconference, held under the auspices of the European Commission and attended by the Regulatory Authority for Energy, Cyprus Energy Regulatory Authority, and IPTO, regarding the Greece–Cyprus electricity interconnection project…

Freight market indicators show a positive trend

The main dry bulk freight market index moved in a positive direction for the fifth session due to increased demand in the largest segments. The Baltic Dry Index (BDI) rose…

Wednesday, 16 July 2025

Nikos Christodoulides to ‘Naftemporiki’: The Cyprus issue will determine the progress of EU–Turkey relations

The European Union has made it clear to Ankara that “Euro-Turkish relations can be examined through a positive approach and only through developments in the Cyprus issue,” the President of…

Recovery Fund: Athens proceeds with the submission of the 6th request for 3.9 billion

The submission of the 6th request for disbursement of resources from the Recovery and Resilience Fund (RRF), totaling 3.9 billion euros, is now a matter of days. The decisive factor…

Deal of 28.5 million euros for Newsit, Tlife, Zappit

The websites of Nikos Evangelatos and Tatiana Stefanidou are placed under the business umbrella of Vangelis Marinakis’ Alter Ego, following the completion of two agreements worth a total of 28.5…

Public+: Over 720,000 members in the rewards program that returns euros on every purchase

Public+, the free rewards program launched a year ago, is seeing positive results, especially among consumers who are looking for practical benefits and transparency in their transactions. According to the…

Stock Market: Construction stocks are “cementing” their rally

Investor interest in construction firms listed on the Athens Stock Exchange remains strong, with the major companies in the sector appearing at the highest levels of the last several years,…

Greece ranks fourth among EMEA emerging markets most exposed to U.S. tariffs

Greece is expected to be affected by the imposition of the proposed US tariffs, according to UBS. More specifically, Trump’s tariffs could have a 10 basis point impact in 2025…

Greece remains a resilient investment destination, defying the negative sentiment across Europe

International investors remain positive towards Greece despite the investment slowdown across Europe, according to the new major survey by EY Greece, the EY Attractiveness Survey Greece 2025. The survey, which…

Avax: EBITDA target of 150 million euros in 2029

Avax aims to achieve EBITDA (earnings before interest, taxes, depreciation and amortization) of 150 million in the next five years (2029) from 105 million in 2024, as the executive chairman,…

Seaven Tanker: Twenty ships – 15 with Greek flag

Seaven Tanker & Dry Management Inc., owned by brothers Nikolas and Stratos Tsalamaniou, has acquired the 20th ship in its fleet, flying the Greek flag, thus confirming its commitment to…

Tuesday, 15 July 2025

Athens – Piraeus among the 10 largest shipping centers worldwide

Greece maintains its leading position on the global shipping map, with the Athens-Piraeus region occupying 8th place among 43 top shipping centers. According to the new Xinhua-Baltic International Shipping Centers…

Shipping: A “disappointing” year for newbuilding and secondhand vessel transactions

Greek shipowners have kept a wait-and-see stance for the last 12 months, both in terms of new ship orders and second-hand purchases. In fact, orders are at very low levels…

US-EU tariffs critical for thousands of SMEs in Europe-Greece

The Piraeus Trade Association is monitoring with concern the developments on the front of trade relations between the United States and the European Union, following the announcement by the US…

Rescued crew of Eternity C sunk by Houthis taken to Saudi Arabia

Ten mariners rescued after a Greek-owned ship was sunk by Yemen’s Houthis last week have arrived in Saudi Arabia, according to maritime security sources, after rescuers concluded their search for…

Stock Exchange: Why (for now) the 2,000-unit narrative is not under threat?

The Athens Stock Exchange remains steady, as US President Donald Trump’s tariffs currently do not appear to pose a significant challenge to the 2,000-point threshold. The Greek market may have…

Mytilineos on Linked-In: The existential crisis in Europe is here!

Europe’s most successful historical cycle, which began with the Marshall Plan in 1947 and the start of European integration in the 1950s, is now at its most critical point, according…

Metlen: New solar project completed in Italy

METLEN announced that it has successfully completed the construction of the San Severo solar park in Italy, located in the region of Puglia. The project has a peak capacity of…

Credit expansion to cover the investment gap

The enhanced credit expansion recorded by banks in the first months of 2025 appears to be promising and necessary for covering the country’s investment gap. The already enhanced credit expansion…

ElvalHalcor Sustainability Report 2024: Economic and social footprint

ElvalHalcor’s economic and social footprint for 2024 is significant, according to the sustainability report announced by the company. In particular, the production value of the listed company in 2024 amounted…

Record primary surplus creates fiscal space for support measures

The primary surplus of the state budget has exceeded the initial target by more than four times, reinforcing the estimates of the economic staff that the fiscal performance of the…

Monday, 14 July 2025

Philippine authorities to shipowners: Avoid the Red Sea or we are leaving

The global supply chain is under serious strain following the violent attacks by the Houthis on two ships of Greek interests in the Red Sea. The new tactics employed by…

METLEN delivers construction contract for UK’s largest solar park

METLEN has successfully delivered on the Engineering, Procurement and Construction (EPC) contract for Quinbrook Infrastructure Partners’ Cleve Hill solar park in Kent, currently the largest in the UK with an…

Megalou (Piraeus): Long-term value creation is recognized at domestic and international level

My vision since I joined Piraeus in 2017 has been clear: to transform the institution into a leader in innovation, resilience and sustainable development in Greece and beyond, Piraeus Bank…

Emiris to “N”: Bridges are needed between universities and industry

Greek universities can play a decisive role in strengthening industry, Professor Dimitris Emiris, President of the Department of Industrial Management and Technology of the University of Piraeus, said in an…

Kikilias: Comprehensive master plan for the port of Mykonos

The Minister of Maritime Affairs and Insular Policy, Vassilis Kikilias, spoke of a “comprehensive master plan for the port of Mykonos” during his visit to the island. “A comprehensive master…