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Wednesday, 09 April 2025

INTRALOT signs contract extension in New Zealand until 2032

INTRALOT announced that its subsidiary INTRALOT New Zealand Ltd., has signed with the Department of Internal Affairs (DIA) of New Zealand a six-year contract extension from 2026 to 2032, with…

Dimand plans 1.0- billion-euro development projects

Dimand is in negotiations for the purchase of five new properties in order to plan its future developments (2028 – 2031), in parallel with the ongoing implementation of 13 projects…

Union of Greek Shipowners sets priorities on green transition medium-term measures

The Union of Greek Shipowners sets two main priorities regarding the medium-term measures for the green transition of shipping, which are expected to be agreed this week at the International…

Cruise: Strengthening Greece-US cooperation

The prospects for further strengthening Greece-US relations in the fields of tourism, as well as entrepreneurship and culture, were at the center of the discussion between the Secretary General of…

Diana Shipping: 20 years since its listing on Wall Street

Diana Shipping celebrated its 20th anniversary, ringing the closing bell on the NYSE. More specifically, the company’s CEO, Semiramis Paliou, along with the executive team, rang the closing bell on…

Motor Oil: First delivery of biofuel-based marine fuels in Greece

Τhe first delivery of biofuel-based marine fuels to Greece, by Motor Oil Group and its company Coral Marine, is a reality. According to the Group, it is a milestone in…

Monday, 07 April 2025

Euro and government bonds are investors’ refuge amidst the turmoil

As US President Donald Trump’s tariffs have caused a global economic turmoil, the markets are under strong pressure. In this environment, investors are looking for refuge. They find it initially…

KNDS and METLEN partner for the production of 8×8 Infantry Fighting armoured Vehicle in Greece

METLEN has entered into an exclusive partnership with KNDS France for the production of the French latest generation of 8×8 Infantry Fighting armoured Vehicle, VBCI PHILOCTETES, marking a significant milestone…

Chinese retaliatory tariffs increase pressure on shipping

Greater pressure on shipping is expected following China’s immediate response to the tariff war declared by US President Donald Trump, with analysts pointing out that the consequences of the current…

Athens stock market: US tariffs have cost more than 7 billion euros; FTSE Russell in the spotlight

Donald Trump’s trade tariffs have cost the Athens Stock Exchange more than 7 billion euros so far, with the General Index, amid the international uncertainty and concern, gradually abandoning 15-year…

myAADEapp: The application is now available for businesses and legal entities

The official digital application of the Independent Authority for Public Revenue (AADE) for mobile devices, myAADEapp, is now available for businesses and legal entities. Through the application, businesses have the…

The CEO who smiles despite the US tariffs

While the entire market is now talking about the negative effects of trade tariffs, Evangelos Mytilineos may feel great relief from the fact that he has chosen Europe, staying away…

“Immediate action and education” required for the green transition

A call for immediate action, due to the EU regulations on the Emissions Trading System (EU ETS) and FuelEU Maritime, as well as the expected medium-term measures of the IMO,…

Twelve companies express interest in public sector AI projects totaling 47.39 million euros

The Information Society project “Development of actions using Artificial Intelligence (AI) to improve Public Administration” has mobilized the entire market of Information and Communication Technology companies and consulting services. In…

Greek shipowners see calm after the storm

The global shipping industry is closely monitoring developments after US President Donald Trump announced heavy tariffs on imports of products from dozens of countries around the world. These tariffs are…

Greek shipping repair sector shows modest growth

A marginal increase in ship repairs in Greece was recorded in 2024, according to the Hellenic Statistical Authority (ELSTAT). More specifically, the number of ships repaired in 2024 amounted to…

Friday, 04 April 2025

Exporters Association: The impact of tariffs on the Greek market is expected to be limited

The Greek Exporters’ Association (SEVE) appears cautiously optimistic about the impact of Trump’s tariffs on the Greek economy. More specifically, the Association said that “there will be some minor impact…

Shipping: Uncertainty hampers second-hand ship market

Ship buying and selling activity began on a negative trajectory in 2025, mainly due to broader market uncertainty, with Greek and Chinese shipowners monopolizing confirmed transactions. In its latest report,…

Trade Estates sees a portfolio of 720-760 million by 2028

Trade Estates REIC estimated that it will have a real estate portfolio with a Gross Asset Value of 720-760 million euros by 2028 (compared to 541.5 million at the end…

Hatzidakis: The consequences of tariffs on the Greek economy are secondary

The tariffs imposed by US President Trump have sparked a “global economic war” from which everyone will lose, Deputy Prime Minister Kostis Hatzidakis warned during a speech at an event…

PPC: Mega investment plan of up to 12 billion and 20,000 jobs in Western Macedonia

An investment plan of 5.8 billion euros in Western Macedonia (up to 12 billion under certain conditions), which will create 20,000 direct jobs during the construction of the projects and…

Kikilias: The issue of flags on ships must be re-examined

“Shipping is the most important extroverted pillar of the Greek economy. I am truly grateful that Prime Minister Kyriakos Mitsotakis entrusted me with the position of Minister in such an…

Shipping: Attaining EU goals in hydrogen production encounters challenges

Europe is unlikely to meet its 2030 hydrogen production targets, despite significant ambitions and funding commitments. According to a research by Westwood Global Energy Group, a specialist energy market research…

Piraeus Chamber and the Chinese Embassy agree to keep an open channel of communication

A discussion on bilateral trade relations between Greece and China, as well as other issues concerning COSCO’s activities in the port of Piraeus, was held during the meeting between Chinese…

Pierrakakis on tariffs: The global trade war does not benefit anyone – We will address the challenges with a plan

“The US government’s announcements mark a historic shift towards protectionism and a sharp change in the way the global economic system has operated for decades,” Minister of National Economy and…

Kostas Nebis (OTE): Are there any other pleasant surprises in store?

Kostas Nebis has hopefully completed nine months at the helm of OTE Telecoms, and he is likely to have some pleasant surprises in store for shareholders in the coming period.…

Thursday, 03 April 2025

Profile: High goals outlined in the 2025-2028 business plan – Investments of 100 million euros

The Profile Group aims to more than double its revenues in the next three years 2025-2028, through expansion in existing and new markets, investments in innovation, acquisitions and partnerships (M&A)…

Softweb: Enhanced performance and expansion of the client base in 2024 

The Softweb group of companies recorded a significant increase in its 2024 financial figures. The strategic goal of the group’s management remains the provision of all-in-one solution products and services,…

IRIS: Universal implementation and new transaction monitoring framework

All businesses and legal entities that transact with individuals are obliged to accept payments through the IRIS direct payment system. This is provided for by a regulation included in the…

Piraeus Chamber of Commerce and Industry expresses strong concern about the consequences of US tariffs

The Piraeus Chamber of Commerce and Industry (PCCI) expressed its strong concern about the consequences for international trade and, in particular, the Greek business environment after the decision of the…