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Monday, 21 July 2025

How the Greek summer heats up inflation

With very large price increases in unprocessed foods and service prices—including rents for primary residences—soaring, Greece ranks 7th among European countries with the highest inflation for the month of June.…

Friday, 18 July 2025

COSCO seeks further upgrade of Piraeus port

Senior executives of COSCO Shipping expressed their strong interest in further strengthening the position and role of Piraeus – the largest port in Greece and one of the largest European…

EU Budget: Greece to receive 49.2 billion

In a period of intensifying geopolitical pressures, increased migratory flows and social inequalities, the European Union presented the proposal for the Multiannual Financial Framework (MFF) 2028–2034 and how it intends…

PPA awarded as “Sector Leader – Port Authorities” at the “Protagonists of the Greek Economy” Awards

PPA S.A. has received a significant distinction for its valuable contribution to the development of the Greek economy, during the awards ceremony of the “Protagonists of the Greek Economy,” organized…

Tourism: Strengthening of Greece-Italy cooperation in 4 sectors

A tourism cooperation protocol was signed in Rome by Tourism Minister Olga Kefalogianni and her Italian counterpart, Daniela Santanchè. Its purpose is to update and modernize the 1986 bilateral Agreement.…

IOBE sees growth at +2.2% in 2025; concerns over inflation

The Foundation for Economic and Industrial Research (IOBE) has maintained its estimate for growth at +2.2% for 2025, according to its quarterly report on the Greek economy. For 2026, IOBE…

Span Group: Expansion to Greece, Cyprus, Malta

The international IT company Span has established Span Hellas, with the aim of expanding its presence in Greece, Cyprus and Malta. According to the company, this move reflects its confidence…

DESFA: Three major gas projects position Greece as a transit hub to the North

Three major projects are expected to be completed in the current year, aiming to enhance the operation of the national natural gas transmission system both domestically and regionally, with Greece…

Supermarkets: Turnover up 7.9% thanks to fast-moving consumer goods

Τhe organized food retail sector recorded growth trends in the first half of the year, with total turnover increasing by 7.9% compared to the corresponding period of the previous year.…

PPC: New subsidiary PPC Trading – Strengthening its position in international energy markets

The establishment of PPC Trading, a newly formed 100% subsidiary of PPC Group, marks a strategic move to reinforce the Group’s presence in energy trading across Southeastern Europe and international…

Aegean invests 4.0 billion euros in 60 new aircraft – Direct flights to India starting in 2026

Aegean Airlines announced an investment program totaling 4 billion euros to strengthen its fleet with 60 new Airbus A320/A321neo aircraft by 2031, aiming to enhance its transatlantic capabilities and expand…

Thursday, 17 July 2025

M/MARITIME: Top position in the Risk4Sea assessment

M/MARITIME secured the top position in the most recent Risk4Sea ranking of the world’s leading ship managers. This recognized list, which evaluates over 50 top companies, highlights those with the…

Paval Holding acquires Praktiker Hellas – Strategic entry into the Greek DIY market

Romania’s Pavăl Holding, owner of leading home improvement retailer Dedeman, announced the acquisition of Praktiker Hellas. As emphasized in the relevant announcement, “Praktiker Hellas is entering a new phase, following…

Euronext preparing improved offer for the Athens Stock Exchange

The announcement of Euronext’s improved bid for the acquisition of Hellenic Exchanges – Athens Stock Exchange (ATHEX) is a matter of days, with the European stock exchange aiming to complete…

Threefold strategy to boost domestic and foreign investment Inflows

Greece’s effort to attract new investments and to bridge the investment gap created during the prolonged crisis and the bailout programs is moving along three directions. These are:the stimulation…

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…