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Tuesday, 17 June 2025

Tzitzikostas: New European strategy for shipping

A working lunch was held at the Piraeus Maritime Club with the participation of European Union Commissioner for Sustainable Transport and Tourism, Apostolos Tzitzikostas. The President of the Piraeus Marine…

Monday, 16 June 2025

Defense plans for the Greek energy system

In cases of cyberattacks and interruptions in the supply of natural gas, the updated “Risk Preparedness Plan for the Electricity Sector of Greece” identifies the greatest risks for the supply…

Government gives AADE full access to subsidies and tax evasion detection

The Independent Public Revenue Authority (AADE) is “growing”. Following the decision to transfer the responsibilities of the Greek Payment Authority of Common Agricultural Policy Aid Schemes (OPEKEPE), the Financial Crime…

Pierrakakis on Middle East: We hope to avoid the worst – Strait of Hormuz closure would have negative impact

“We are all concerned when the Middle East is on fire and we hope we will avoid the worst,” the Minister of National Economy and Finance Kyriakos Pierrakakis said and…

Primary surplus of 5.35 billion – Tax revenues up 7% compared to target

Tax revenues exceeded the target by 27 billion euros from January to May, up by 1.773 billion euros or 7% compared to the target, based on data announced by the…

Kikilias: Concern over rising oil prices – Food and ticket costs likely to be affected

“The increases in the price of oil of up to 10% in one day are intensifying international concerns about transport and product prices,” the Minister of Maritime Affairs and Insular…

Tsakos Energy Navigation leads in strategic shipping sectors

Tsakos Energy Navigation stands out in strategic segments of maritime transport. More specifically, TEN has been transformed “into an infrastructure company, with long-term commitments,” according to its CEO Dr Nikos…

Aktor’s strong footprint in a 45 billion project in Romania

Aktor “sees” significant scope for the development of its activity in Romania, a country of strategic importance for the Group, in which it operates, having, among other things, invested in…

Tzitzikostas outlines the Commission’s priorities for shipping

The European Commission’s key strategies regarding the maritime industry were presented by the European Commissioner for Sustainable Transport and Tourism, Apostolos Tzitzikostas, during an official visit to the offices of…

Kikilias – Kefalogianni – CLIA focus on Greek cruise

The Minister of Maritime Affairs and Insular Policy, Vassilis Kikilias, and the Minister of Tourism, Olga Kefalogianni, had a joint meeting with the Executive Chairman and CEO of the Cruise…

Banks enter a new innovation cycle

Both systemic and central banks are entering a new cycle of innovation, with an emphasis on digital direct payments. The ever-increasing expansion of direct payments, the new national legislation to…

Friday, 13 June 2025

Grammatikos (Piraeus Bank): Paving the way for a new banking model

“The national legislation and the recent European regulation that are reshaping the landscape represent an opportunity for banks to transition to a new model in the payments market, with an…

Netcompany turns to AI and Defense

Netcompany SEE EUI, now known as Netcompany-Intrasoft, is focusing on Artificial Intelligence and new sectors such as Defense. As Alexandros Manos, CEO of Netcompany South and East Europe & European…

IMO calls on for new investments in alternative fuels

The shipping industry is at a critical crossroads, as it is called upon to drastically reduce emissions and shift to more sustainable practices. In the context of the energy transition,…

Supermarkets see record turnover driven by increased consumption and rising prices

Turnover in basic supermarket products reached 4.3 billion euros in the first four months of the year, continuing its upward momentum with the increase reaching 7.3% compared to the corresponding…

Prodea plans investments of 837.8 million euros

Prodea REIC is carrying out investments worth 435.2 million euros, within the framework of a total investment plan of 837.8 million euros (402.6 million have already been allocated). The company…

Travlou: No decisions about shipping without the involvement of shipping

No decisions about shipping should be made without the involvement of the shipping industry, the president of the Union of Greek Shipowners, Melina Travlou, said addressing the Maritime Summit in…

GEK Terna Group named provisional contractor for two railway projects in Romania

GEK Terna Group has been selected as the provisional contractor for two railway infrastructure projects in Romania, with a total budget of 800 million euros. The Greek group’s share is…

Tzitzikostas: Shaping the future of European shipping on our own terms

The Commissioner for Sustainable Transport and Tourism, Apostolos Tzitzikostas, participated as a keynote speaker at the “Shaping the Future of Shipping Summit”, which took place at the Athens Conservatory. The…

PPC Group powers up its Fiber Optic rollout

The three largest telecommunications providers – OTE, Vodafone and Nova – are now faced with a potentially strong competitor, PPC, in the provision of fiber optic internet connection (FTTH) services.…

Kikilias: Europe’s main competitive advantage lies in the Greek-owned fleet

Senior officials of the global shipping industry and high-ranking government officials participated in the Shipping Summit entitled “Shaping the Future of Shipping Summit: Navigating global megatrends, mitigating risk and the…

Wednesday, 11 June 2025

PPC Fiber: 100% Fiber Optic Internet with Ultra-High Speeds

The PPC Group is opening a new chapter in Greek telecommunications with the launch of PPC Fiber, a fully fiber optic fixed internet service (FTTH) for both residential and professional…

IRIS: Transaction limit to be raised to 1,000 euros

Although Greeks love cash, they gradually turn to electronic transactions. In 2024, the value of transactions through the DIAS interbank system exceeded half a billion euros, while also increasing public…

Construction: Secondary movements in concession contracts

Important developments, of key importance for large construction groups, are underway regarding concession contracts, which yield recurring and stable revenues. One of the most important development is the concession contract…

Greece joins the European Hydrogen Map with Motor Oil’s new station

Greece is now part of the European hydrogen mobility map with Motor Oil inaugurating the first hydrogen station in Greek territory and the first in the region. In particular, the…

Ideal Holdings boosts its capital to over 100 million euros

Ideal Holdings’ capital base is expected to exceed 100 million euros following the share capital increase that began on Wednesday and will be completed on Friday, placing the company on…

Energy shares fueling market momentum

Energy and Utilities companies have recorded a positive performance on the Athens Stock Exchange in 2025. The average return of the FTSE_EU has been at +22% since the beginning of…

New Ultramax vessel for DryDel

DryDel Shipping continues its fleet modernization program by announcing the signing of a contract for the construction of a 64,000 DWT Ultramax bulk carrier with leading Japanese shipyard Nihon Shipyard…

Tsakos Group celebrates delivery of two newly built ships in South Korea

The Greek flag was raised twice and the national anthem was also played twice in distant Ulsan, South Korea, as the Tsakos Group held the naming ceremony of its two…

TIF-HELEXPO: Memorandum of Cooperation with the Oman Convention and Exhibition Center

TIF-HELEXPO has signed a memorandum of cooperation with the Oman Convention and Exhibition Center (OCEC), continuing its strategy for international networking and extroversion. The memorandum was signed by the CEO…