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Wednesday, 05 March 2025

ThPA: Security inspection at the port of Thessaloniki 

Τhe Port Authority of Thessaloniki S.A. was inspected by a team from the Directorate-General for Mobility and Transport of the European Commission (DG MOVE), from February 18 to February 21,…

Greece upgrades its ‘quality policy’ 

Greece is upgrading its “quality policy” with new standardization (ISO standards), accreditation and metrology in order to harmonize it with the European Union regulations. The reform of the national quality…

Success story in submarine interconnections worldwide

The history of cable-laying ships began at the end of the 19th century, when the “SS Great Eastern” undertook to bridge the telecommunications between the United States and Europe. Much…

National Bank soars to highest level since 2015

The share of National Bank is close to the 9.0-euro milestone and is at its highest level since the fall of 2015 while the upward movement is accompanied by an…

Tuesday, 04 March 2025

Minerva: Investing in the future of sustainability

Minerva has announced a significant collaboration with two renowned academic institutions, the Technical University of Crete and the Hellenic Mediterranean University, commemorating its 120th anniversary and reaffirming its commitment to…

DBRS for Greek banks: Strong profitability and improved credit profile

Ratings agency DBRS gave a vote of confidence in the prospects of Greek banks, citing their resilience, strong earnings and improved capital adequacy. “The major Greek banks (Alpha Bank S.A.,…

Acceleration of the Athens International Airport’s new investment program

In view of the strong growth in passenger traffic, the management of the Athens International Airport is proceeding with a strategic acceleration of the phases of the “Airport Expansion Program”,…

Electricity prices: How they soared to two-year highs; what will happen to the subsidies on bills

Green tariff charges remained almost unchanged in March compared to the previous month, with companies choosing to absorb the 14% increase in the wholesale electricity market by applying larger discounts.…

Containerships: Freight rates are dropping

Container freight rates are falling, due to the increased shipping capacity as a result of the delivery of new vessels this year, but also in view of the expected gradual…

ECSA welcomes the European Commission’s Clean Industrial Deal

The European Commission’s Clean Industrial Deal, which addresses several areas related to the maritime sector in terms of decarbonization and sustainable energy solutions, is welcomed by the European Community Shipowners’…

Costamare plans spin-off into two companies

Costamare Inc., listed on the US stock exchange (NYSE), announced its intention to “break” the dry bulk transportation sector into a separate company, Costamare Bulkers Holdings. Following the business strategy…

Noval Property completes investments of 114 million euros

Noval Property REIC is completing investments totaling 114 million this year, in parallel with the completion of the major project of the redevelopment of the former industrial facilities of Viohalco…

Aktor Group joins FTSE Large Cap; its valuation exceeds 1 billion euros

Aktor Group has been recently added to the FTSE Large Cap index with the 25 largest companies on the Greek stock market. The valuation of the construction company already exceeds…

Eurostat: Greek inflation at 3% in February

Inflation in Greece stood at 3% in February, showing a slight slowdown. According to data announced by Eurostat, inflation fell to 3% in February, on an annual basis, from 3.1%…

Friday, 28 February 2025

How will EquiFund II work for SMEs?

EquiFund II will mobilize approximately 360-380 million euros to support small and medium-sized enterprises operating in the fields of life sciences – health and social innovation, according to estimates by…

Ideal Holdings: Organic growth, strategic moves and targeted acquisitions

Organic growth, strategic moves as well as targeted acquisitions of companies with high resilience and growth potential, are the basis for a positive course for Ideal Holdings. As the financial…

Shipping: Bunker vessels on the “compass” of pioneers

Greek shipowners are opening up new markets, responding to the challenges of the new era. Pioneers as always – with LNG carriers at the beginning of the 21st century –…

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…