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Friday, 06 December 2024

Mitsotakis to Cormann: OECD report acknowledges Greece’s substantial progress

Prime Minister Kyriakos Mitsotakis met the Secretary General of the Organization for Economic Cooperation and Development (OECD) Mathias Cormann, who presented the OECD Economic Survey.“It is a presentation that…

Stylianidis: Decarbonization the biggest challenge in the shipping sector

The Minister of Maritime Affairs and Insular Policy, Christos Stylianidis, described the synergies between the public and private sectors as necessary for the renewal of the coastal shipping fleet on…

Port of Piraeus: PPA ready to deal with potential pollution

A preparedness exercise for responding to a marine and land pollution incident was implemented by Piraeus Port Authority S.A., within the central facilities of the port of Piraeus and specifically…

Pitsilis (AADE): Multiple benefits from the unification of tax and customs services

The governor of the Independent Authority for Public Revenue (AADE), Georgios Pitsilis, highlighted the benefits of unifying the tax and customs services under one organization, on the model of the…

Thursday, 05 December 2024

National Bank supports the extroversion of the Greek technology & innovation ecosystem

Greece has been on an upward trajectory over the last years, with many talented entrepreneurs, a number of start-ups and some of the most innovative ideas, which create all the…

Dimand to deliver the new Piraeus Courthouse in August 2026

The new Piraeus Courthouse, which Dimand is constructing on behalf of the Ministry of Justice, will be delivered in less than two years, in August 2026. The project, worth 80.9…

Mineral wealth is national wealth: New framework (post mining) for Greece’s mining heritage

Mineral wealth and its utilization, both in the context of mining exploitation and after its completion, were the main topics of the event organized in Lavrio by the Association of…

National Investment Fund to be fully operational in the second half of 2025

The full operation of the National Investment Fund will begin in the second half of 2025, as announced in the context of the 2nd Growthfund Summit of the Superfund /…

Weber to “N”: The Ukrainian war is not between two nations, but between two systems

The EU’s unquestionable and clear support for Ukraine was underlined  by the president of the European People’s Party, Manfred Weber, in an interview with Naftemporiki. More specifically, he said “that…

Gikas proposes partnership between Greek and Chinese forces

“Greece and China are major powers in global shipping and should cooperate in all areas to successfully address the challenges.” Deputy Minister of Shipping Stefanos Gikas, who participated as a…

Stylianidis: 25 million euros for the establishment of Maritime Cluster

The creation of the “Maritime Cluster”, in Piraeus, in collaboration with the Ministry of National Economy and Finance, was announced by the Minister of Maritime Affairs and Insular Policy, Christos…

Coffee Island exports to 13 countries and 4 continents

Coffee Island coffee chain exports to 13 countries and 4 continents, its CEO, Konstantinos Konstantinopoulos, said in an interview with Naftemporiki TV. “We have managed to build a network of…

Enaon (Italgas Group): Investments of 1 billion euros by 2030 to support Greece’s green transition

Italgas has planned investments of 1 billion euros in Greece as part of the Group’s 2024-2030 Strategic Plan. This investment program will be implemented by its subsidiary, Enaon, focusing on…

OTE Group: Electric vehicle penetration to exceed 90% by 2028

OTE Group is moving forward with the creation of a strong fleet of electric vehicles, through the gradual replacement of conventional vehicles with new, purely electric ones. The fleet transformation…

Wednesday, 04 December 2024

PPC-DAMAC create new data center in Spata; an investment of 150 million euros

The establishment of Data In Scale, a joint venture (DAMAC 55%-PPC 45%) for the development of a state-of-the-art data center in Spata, was announced by EDGNEX Data Centers of DAMAC…

Greece wins “Best Tourism Destination” award at GT Reader Survey

Greece has been named the “Best Tourism Destination” internationally for the fourth consecutive year at the Global Traveler’s GT Tested Reader Survey awards. This is Greece’s sixth distinction this year…

OECD on Greece: 2.2% growth and higher incomes in 2025

The Organization for Economic Cooperation and Development (OECD) predicts a growth rate of more than 2% by 2026 for Greece. However, it also pointed out a series of challenges. In…

Spending on Research and Development at 1.49% of GDP in 2023

The R&D expenditure index in Greece stood at 1.49% of GDP in 2023, compared to 1.48% in 2022, placing our country in 14th place among EU27 countries, according to data…

The manager behind the largest IPO of the last seven years

Yiannis Paraschis, CEO of Athens International Airport (AIA), is the person behind the largest IPO not only of 2024 but also of the last several years (3rd largest since 2000).…

Hatzidakis in Parliament: We reduced taxes, increased revenues

The government’s tax policy was outlined by the Minister of National Economy and Finance, Kostis Hatzidakis, during his speech to the Plenary of the Parliament on the tax bill. “The…

Transfer of oil from tanker “Sounion” to “Delta Blue” concluded

The transfer of oil from the Greek-owned tanker “Sounion” to the tanker “Delta Blue” at the Suez anchorage was successfully completed. According to sources from the Ministry of Maritime Affairs…

German-Greek Chamber of Industry and Commerce: Business mission-opening to Latin America

The business mission to national markets in Latin America was concluded with encouraging messages for possible new export agreements in the immediate future. The mission was organized by the German-Greek…

The undisputed stock market winner of 2024 

Titan Cement’s Dimitris Papalexopoulos is the undisputed stock market winner of 2024, as his company’s capitalization reached 3 billion euros on the Athens stock exchange (11th largest), and its share…

Banking index rises after Mitsotakis rules out extraordinary tax

The banking index on the Athens Stock Exchange has recovered some of the lost ground following the denial of the rumor about the imposition of extraordinary taxation. More specifically, the…

Praktiker Hellas: Turnover up 5.5%; investments of 4.6 million in 2023

Praktiker Hellas’ performance showed a notable improvement in 2023. According to the announcement, turnover amounted to 187.5 million euros, showing an increase of 5.5% compared to the previous turnover. Earnings…

Tuesday, 03 December 2024

1.66-billion-euro revenue from the imposition of tax … on taxes

The State expects to collect VAT revenues of 1.66 billion euros in 2025 from Special Consumption Taxes, according to a “N” survey based on budget forecasts. An important amount of…

Marinakis to “Naftemporiki” TV on bank commissions

Prime Minister Kyriakos Mitsotakis said “no” to the main opposition PASOK’s proposal for an emergency tax on bank profits for three reasons, government spokesman Pavlos Marinakis, said speaking on Naftemporiki…

Construction of Chios Marina begins-133 berths in 2026

The agreement for the construction of the Chios Marina was signed by the technical company and the Hellenic Republic Asset Development Fund (HRADF). Upon the completion of the procedures regarding…

Diamonds of the Greek Economy: The enriched business awards institution to be held on Dec 18

The long-standing DIAMONDS OF THE GREEK ECONOMY award ceremony for business excellence will be held on December 18, at the Athenaeum Intercontinental hotel. Renewed, enriched, expanded, and innovating in the…

Spiliotopoulou (Holland&Barrett): Well-being is gaining ground in Greece

The value of the health and wellness market in Greece is estimated at approximately 600 million euros, Sofia Spiliotopoulou, General Manager of Holland & Barrett, told “N”. The sector is…