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Friday, 28 February 2025

Hundreds thousands of people demonstrate across Greece demanding justice for Tempi victims

Thousands of citizens are demonstrating across Greece on Friday, two years after the train tragedy in Tempi, where 57 people lost their lives demanding answers and justice. Fifty-seven people were…

BoG: Private sector deposits decreased by 4.8 billion euros in January

Deposits placed by the private sector dropped by 4.787 billion euros in January 2025, compared with an increase of 5.592 billion euros in the previous month, according to the Bank…

Premia: New investments of 50 million euros in 2025

Premia Properties REIC is planning investments worth 50 million euros in 2025, of which approximately 17 million euros have already been implemented. For the current year, it is estimated that…

Electrical and electronic goods under pressure in 2024-Consumers turn to cheaper products

Τhe electrical and electronic goods market declined in 2024, according to GFK data. Overall, the market turnover reached 3.1 billion euros, down 4.1% compared to 2023. Unit sales also fell…

Incheon Metropolitan Council Construction and Transportation Committee visits Piraeus Port

A delegation from the Construction and Transportation Committee of the Incheon Metropolitan Council, South Korea, visited the Piraeus Port Authority, with the aim of exchanging views on port management and…

Greek shipowners invest in new containerships

The rekindling of Greek shipowners’ investment interest in containerships is reflected in the series of new orders. Despite the sluggish start and the reduced dependence of many liners on charters,…

Theodorikakos: Strengthening economic cooperation with Bulgaria

Development Minister Takis Theodorikakos held a series of bilateral meetings with Bulgarian officials during the Business Forum organized by the Bulgarian-Hellenic Chamber of Commerce and Industry in Sofia. The participants…

Thursday, 27 February 2025

Korkidis to Naftemporiki TV: The goal is to optimize the use of all business parks

The aim is to maximize the use of all business parks, the president of the Piraeus Chamber of Commerce and Industry, Vassilis Korkidis, said in an interview with Naftemporiki TV.…

Diana Shipping: Net profit of 12.7 million dollars in 2024

Diana Shipping Inc., listed on the US stock exchange, reported significant profits and revenues on an annual basis as well as in the fourth quarter of 2024. The company’s fleet…

OTE: Strategic growth initiatives in 2025

The increase in fiber optic (FTTH) and television subscribers as well as Fixed Wireless Access (FWA) connections, combined with effective cost management, are key factors for the growth that OTE…

National Bank enters into a definitive agreement with Bracebridge Capital, LLC for the disposal of non-performing exposures

National Bank of Greece announced it has entered into a definite agreement with investment funds managed by Bracebridge Capital, LLC for the sale of 95% of the Mezzanine and Junior…

New bill on the stock exchange; tax incentives, free float and mystery shopping

The Ministry of National Economy and Finance is putting the long-awaited bill to enhance the credibility and attractiveness of the Athens Stock Exchange into public consultation, as part of the…

Greece to a standstill on Friday in memory of the victims of the Tempi tragedy

A 24-hour nationwide strike will paralyze Greece on February 28, with hundreds of rallies and protests taking place throughout the country to mark the second anniversary of the Tempi train…

German Ambassador: We have a long-lasting relationship with Greece

“I expect our relations to become even closer and I hope to see it very soon. When we talk to a country that is not doing well, we say ‘look…

OTE: Sale of Telekom Romania Mobile towards the end of the first half of the year

OTE management estimated that the approvals from the Romanian authorities in order to proceed with the sale of its subsidiary, Telekom Romania Mobile (TKRM), will have been completed by the…

Tugboats: Problems and prospects

The importance of the tugboat sector in the current national and international environment, the safety and the significant surplus values that will arise for the national economy, especially the shipbuilding…

Paulson’s reasons for selling 2.8% stake in Piraeus Bank

Piraeus’ major shareholder John Paulson sold a 15% stake of his total investment in the bank for 160 million euros, according to a bank announcement. Specifically, the US investor, one…

Wednesday, 26 February 2025

TEN: 1.3-billion-dollar investments in shuttle tankers

Tsakos Energy Navigation is expanding its investment program by focusing on shuttle tankers. According to Xclusiv, the group will proceed with the construction of nine more shuttle tankers (DP2) in…

Hellenic Public Properties sign strategic deal with D-Marin for Marina Zeas

The Hellenic Public Properties, a subsidiary of the Superfund, has entered into a significant business agreement regarding the sale of its participation in Marina Zeas S.A. (25%) to the majority…

Nebis (OTE): Aiming to accelerate growth rates in the next years

OTE Telecoms achieved its targets in 2024, recording strong operational and financial performance in Greece, its president and CEO, Kostas Nebis, stated following the release of its financial figures. “We…

Energean mulling second extension to plans for block 2 in the Ionian Sea

Energean is considering invoking the same reasons as a year ago in order to obtain a new extension of the concession license for block 2, which expires on March 15.…

ThPA: First port in the EU with pilot monitoring of ship air emissions within the framework of HELMEPA’s METAVASEA

In a major milestone for the decarbonization of shipping, the Port of Thessaloniki (ThPA) becomes the first port in the European Union and the Mediterranean to integrate RightShip’s Maritime Emissions…

Basias to “N”: Greece’s benefit from hydrocarbon extraction is around 1/3

“Following the drilling for hydrocarbons, Greece will gain 1/3, around 35%, which is not bad, it is fine,” Filippos Filippakopoulos, the former CEO of a Greek hydrocarbon management company, Yannis…

Greek merchant marine fleet GRT shrinks in December

The gross tonnage of the Greek merchant marine fleet further dropped in December, according to the Hellenic Statistical Authority (ELSTAT). Despite the significant renewal and development of the Greek-owned fleet,…

Germanos: Strong performance in 2024 and high goals for 2025

OTE’s vision for 2030 and its development strategy were presented by the President and CEO of OTE Group, Kostas Nebis, to more than 400 associates of the GERMANOS store network…

New inflation pressures; worrying messages

Bank of Greece sees new inflationary pressures in services and core inflation, with the sectoral index of services recording a 5.6% increase in January and core inflation rising by 4.4%.…

Hellas Gold: 2.47 million euros in social investment programs

Hellas Gold has completed its social investment plan for 2024 in the region of NE Chalkidiki, which includes 130 projects and social actions worth 2.47 million euros. This is an…

Tuesday, 25 February 2025

Olympia Group -VNK Capital transfer part of their participation in Lamda Development

Olympia Group and VNK Capital plan to focus on new investment initiatives, according to their announcement after the decision to reduce their participation in Lamda Development, through their joint investment…

Listed companies have distributed dividends over 1.8 billion euros

Listed companies have distributed or announced dividends exceeding 1.8 billion euros in the first two months of 2025, which consolidates expectations for exceeding the annual target of 5 billion euros.…

16.4% drop in new car sales in January in Greece compared to 2.6% decrease in the EU

New car registrations in the European Union fell by 2.6% in January, according to data from the European Automobile Manufacturers Association (ACEA), which represents Europe’s 16 major car, truck and…