The Ministry of National Economy and Finance is moving forward with the filing of an amendment which will provide for a 50% reduction in charges for transactions made via POS.…

The Greek chemical industry responded to the call of the European Chemical Industry Council (CEFIC) to its members to prepare National Transition Plans so that the industry faces the modern…

Greece is faced with the risk of receiving less EU funds from the NSRF 2028-2034, compared to the previous and the current period. Any loss of resources that will have…

“Greece’s commitment to the faithful implementation of the EU acquis and international law in terms of the management of migration flows and the protection of European borders, as well as…

The accelerating pace of the global “green” transformation creates new trends in the labor market. Demand for green skills far outstrips supply as employers look for skilled talents to meet…

Intrakat group, on behalf of the PPC Group, is proceeding with the construction of a new 171MW photovoltaic park at the Lignite Center of Western Macedonia in Kozani. The group…

A grant of up to 61.7 million dollars will be awarded to Titan’s Roanoke cement plant in Virginia, USA, as it has been selected by the US Department of Energy…

The total number of Papastratos IQOS users exceeded 500 thousand, with non-burning products accounting for more than 70% of the company’s net revenue. With a market share of over 20%…

The difference – rise in price, according to a survey conducted by “Naftemporiki”, in supermarket chains reaches even 3.41 euros per liter and the final price now stands at 18…

In 2023, the company’s turnover exceeded 1 billion euros, marking an increase of over 16%, mainly due to the performance in the Aegean islands, Corfu, but also its strategic development…

The optimistic forecasts for a 2023 primary surplus higher than the target were eventually confirmed. According to the data announced by the Hellenic Statistical Authority (ELSTAT) and validated by Eurostat,…

The procedures for the signing of PPP contracts (Public-Private Partnership) are rather slow, while the next period will be critical as to which ones will eventually be implemented. The complex…

Eurostat will announce the final figures for the 2023 primary surplus and debt on Monday noon. These figures will give a first impression of whether the government will manage to…

The ongoing crisis in the Red Sea is causing turmoil in the movement of containers at the port of Piraeus. It is the first time that the largest port of…

Alternative electricity providers seem to have increased their market share, according to the annual report of the Energy Exchange for 2023. More specifically, private providers have increased their share to…

Ellaktor Group is proceeding with a new restructuring move for the acquisition of all the shares of its real estate subsidiary, Reds, and its delisting from the Athens Stock Exchange.…

Having registered a successful course in 2023 and the first quarter of 2024, AEGEAN is planning major investments aiming to further strengthen its profitability and its position in the international…

Wind propulsion systems are steadily increasing their share in the marine market as industry battles to reduce its environmental footprint and meet ambitious decarbonization targets. Providers of this kind of…

Mytilineos submitted a request to the EU Innovation Fund for financing a project for bauxite, aluminum and gallium totaling 350 million euros, its CEO Evangelos Mytilineos said. In an interview…

There are all kinds of bankers, trying to do their job well. But others see the forest and others only the trees. Among those who not only see the “forest”,…

A difficult week, amid geopolitical tensions and increased uncertainty about the future of the global economy, is coming to an end. In Greece, all eyes are turned on Standard &…

The demand for houses in Elliniko remains strong with prices having risen by 15-20% compared to 10 months ago, the management of Lamda Development said. On the occasion of the…

Ellaktor said earnings before taxes, interest and depreciation (EBITDA) rose 46% to 242.2 million euros in 2023 compared to 2022, with an EBITDA margin of 63%. Profit before tax (PBT)…

The market for electrical and electronic goods is under pressure, according to GFK’s data for January-February 2024, as there are no purchase subsidy programs, which confirms that only subsidized consumption…

The Piraeus Port Authority (PPA) participated in the 1st “Logistics & Transports Expo”, held in Thessaloniki, with the participation of representatives of the road, rail and port transport sector and…

The prices of products in supermarkets remained almost unchanged in March 2024, showing a marginal increase of 0.28% on average compared to the corresponding month last year, according to a…

Through synergies with the other subsidiaries of the parent group Ahold Delhaize as well as through more tailor made actions for the Greek market, the company manages to shield its…

A familiarization trip (fam trip) to Greece for 37 senior executives of leading travel agencies from eight provinces of Eastern China (Yangze Delta) took place from April 6 to April…

Greece is expected to submit the request for subsidy from the Recovery Fund to the European Commission in May. Regarding the 5th request for loans and subsidies is expected to…

Greece ranks first in the world, as the largest ship management center, according to the latest annual report by Menon Economics and DNV. However, as a leading shipping center, our…

Tourism Minister Olga Kefalogianni referred to the financing of specific projects from the Recovery and Resilience Facility, and in particular to the Mediterranean Coastal and Maritime Tourism Observatory, to the…

Regarding developments in the Middle East, the unequivocal condemnation of Iran’s attack will be accompanied by urging all members of the European Council to do whatever in their power to…

The energy transition in practice was the focus of a discussion entitled “Energy Industry Insights: A discussion on Market Trends and Innovation”, at the Delphi Economic Forum, which attracted the…

The Independent Power Transmission Operator (IPTO) announced record investment and profitability in 2023. Capital expenditures amounted to 672 million euros, with the most emblematic projects being the progress on the…

Six months after the announcement of the Unicredit-Alpha Bank deal, the partnership has room to expand beyond the original plan. As Unicredit CEO Andrea Orcel said in a joint interview…

SKY express announced that its passenger traffic rose by 15% in the first quarter of 2024 compared to the corresponding quarter of 2023. The increase in domestic passenger traffic reached…

Mytilineos, through Protergia, in partnership with Powerledger (POWERLEDGER) is planning to introduce energy provenance tracking and tracing features in Greece. Based on the Powerledger platform, Mytilineos and Protergia’s consumers can…

The IMF “sees” signs of resilience of the Greek economy despite the risks posed by geopolitical tensions in Europe and the Middle East for Greece and the global economy. In…

War risk insurers are struggling to calculate exposure at any given moment in certain volatile areas. ‘It’s not the same thing to write war risks in times of peace compared…

The President of the Union of Greek Shipowners, Melina Travlou, welcomed the start of the proceedings of the international conference “Our Ocean 2024”. Travlou, institutionally representing the world’s shipping leader…

The development course of the ONEX Shipyards (Syros and Elefsis) over the last five years, the national success of the regeneration of the sector, which was considered by many to…

“Greece has to become part of the IMEC corridor between India and Europe,” said Samir Saran, President of the Observer Research Foundation (ORF), India’s premier think tank, headquartered in New…

The evolution of private consumption is a decisive factor for the performance of the Greek economy in 2024, as it has historically represented about 2/3 of the country’s Gross Domestic…

The energy sector is playing a leading role in market developments this year, supporting valuations and increasing the international impact of Greek listed companies. The recent deal between PPC and…

The Greek shipping sector is expanding year by year, now reaching the highest level of at least the last decade, both in the number of shipping offices and ship management…

“Critical decisions” is the title of the 8th Shipping Conference to be held by Naftemporiki on Wednesday, May 15, at the Stone Warehouse of the Piraeus Port Authority (PPA). Important…

The strategic importance of Greece’s maritime cluster is highlighted in the Bank of Greece’s (BoG) annual report. The Greek-owned fleet represents almost 1/6 of the world’s tonnage and a large…

«The green transition of shipping is a very large program with great costs for the entire industry and anyone who believes that it can be done painlessly and without significant…

This is Apl Detroit (built in 2014 with Singapore flag), 328.2 meters long and with a capacity of 9,326 TEUs, i.e. almost 40% more than what had been recorded to…

Greece is growing, but it is still lagging behind its European partners in terms of investment and income. More specifically, although the economy is currently growing at rates clearly faster…