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Thursday, 09 October 2025

John Fredriksen gives vote of confidence in Star Bulk

Norwegian shipping tycoon John Fredriksen has given a vote of confidence to Greek shipowner Petros Pappas’ Star Bulk, increasing his stake to nearly 12% and placing a close associate on…

Greek fur industry sounds the alarm over slump in sales 

The approximately 500 remaining active fur companies in western Macedonia are sending out a warning signal, as expectations for an end to the war in Ukraine have been completely dashed…

Greek shipowners lash out against green shipping

Prominent Greek shipowners levelled against the measures proposed by international organizations and the “bureaucracy” regarding green shipping  during the Maritime Cyprus 2025 Conference. More specifically, the Greek shipowners, George Prokopiou,…

Out-of-court mechanism: Debt settlements increased by 28% in September

Private debt settlements through the out-of-court mechanism are proceeding at a rapid pace, with the initiation of new applications reaching 6,513 in September and new submissions totaling 2,955. Monthly settlements…

The deal between Alpha Bank and AstroBank to be concluded

The conclusion of the acquisition of AstroBank by Alpha Bank is expected in the coming weeks and more specifically towards the end of October, banking sources told “N”. As AstroBank…

Wednesday, 08 October 2025

Skertsos: Greece’s positive performance in manufacturing

Minister of State Akis Skertsos, in a post on social media, referred to the positive performance of the Greek industry and manufacturing, which shows that Greece is “transforming into an…

JUMBO: 7.6% increase in sales – The problem of low birth rate in sales

Jumbo Group sales increased by 7.6% in the January-September period, maintaining a stable growth rate compared to the previous period, and confirming the resilience of the business model. In September,…

From 210% to 137% of GDP: How Greek debt is decreasing year by year

The time when Greece’s high public debt dominated the economic news around the world is over. However, it could become the first topic of discussion this time for the impressive…

Supermarkets: Meat and chocolate are the “champions” in price increases

Supermarket prices showed a slight decline in September compared to August, with a number of products, however, continuing their upward trend, burdening the household basket. According to the monthly survey…

Fourlis Group: Expansion of the Foot Locker network in Greece – Romania

The Fourlis Group is expanding the Foot Locker network in Greece and Romania, while launching new store concepts with new technologies and omnichannel services. The strategic development continues, as another…

Tuesday, 07 October 2025

Papoutsanis: Target turnover of 100 million euros in 2028

Papoutsanis is recording a double-digit growth rate and has set a target of 100 million euros in turnover in 2028, which will be achieved by developing all four pillars of…

PPA S.A.: Implementation of a New Scholarship Program for the academic year 2025-2026

The Piraeus Port Authority S.A. (PPA) announced the implementation of a new Scholarship Program for the academic year 2025-2026. This is an initiative that is part of the company’s corporate…

Supermarket turnover rally – Exceeded 9 billion euros in eight months

Consumption is rising in supermarkets, exceeding the 9.0- billion-euro threshold in the eight-month period. Among the highlights of the period under review is the trend of de-escalation of prices and…

Nebis: OTE turns into an AI native company

OTE is making Artificial Intelligence (AI) a key pillar of its strategy in order to become a leading digital provider in Europe, adopting it both for the operation of the…

Piraeus Marine Club announces collaboration with Nassau Club of Princeton

The Piraeus Marine Club, chaired by Paris Xanalatos, announced the start of a new mutual collaboration with the Nassau Club of Princeton in the United States. The historic Nassau Club,…

Ports are key factors in the green and digital transition

In a period of geopolitical turmoil and European changes, the new president of the Hellenic Ports Association (ELIME), Apostolos Kamarinakis, is drawing up a strategy with four axes: green transition,…

Aktor sees listing of subsidiaries on the Stock Exchange

Aktor Group’s chairman and CEO, Alexandros Exarchou, spoke about the prospect of an independent listing of two of the five new subsidiaries, most likely those of Concessions and Energy. During…

Monday, 06 October 2025

Christodoulides meets Kikilias; focus on shipping issues

The President of the Republic of Cyprus, Nikos Christodoulides, received on Monday the Minister of Maritime Affairs and Insular Policy of Greece, Vasilis Kikilias. During the meeting, Kikilias referred to…

Kikilias: Shipping, Shipbuilding, Energy are the 3 pillars of cooperation between Greece and the US

Greece has a unique advantage with three pillars: Shipping, shipyards and energy. This was the message sent by the Minister of Maritime Affairs and Insular Policy, Vasilis Kikilias, to the…

Greek citizens of the “Global Sumud Flotilla” will return to Greece on Monday on a special flight

A delegation from the Embassy of Greece in Tel Aviv, headed by the Ambassador of Greece to Israel, visited on Sunday, October 5, the detention center, where the 27 Greek…

How will investments in geothermal energy be unfrozen?

The establishment of a stable financial framework by the State, which will provide strong incentives to investors and allow for the substantial development of the country’s geothermal potential, is a…

Maritime Cyprus 2025 to be held on October 6-8

Cyprus will be at the center of the maritime industry as part of the Maritime Cyprus 2025, according to Cyprus’ Deputy Minister of Maritime Affairs Marina Hadjimanolis. This year’s conference,…

Athens Riviera Summit: Greek extroversion with a focus on the Middle East

Greece seeks to become a political and economic bridge between Europe and the Middle East within the framework of the Outward Strategy, Alternate Minister of Foreign Affairs, Haris Theocharis, said…

GEK TERNA: Strong growth will continue – It is based on high-quality and durable assets

“The growth of the GEK TERNA Group is not only sustainable but will continue, with many investments entering commercial operation,” noted the Group’s President and CEO, George Peristeris, during the…

Euronext Athens – A new era for the Athens stock exchange

A new era begins for the Athens Stock Exchange under the name “Euronext Athens”, a few days after celebrating 149 years of operation (Monday, September 30, 1876). The Hellenic Capital…

The Greek orderbook saw another significant increase

The Greek orderbook recorded a new notable increase in September, led by containerships and tankers, confirming the strategic orientation of Greek shipowners in two of the most dynamic sectors of…

Friday, 03 October 2025

The Ellinikon: Demand from 110 countries – New residences available

Strong demand, which exceeds 17,000 from more than 110 countries, has been recorded for residences in The Elliniko, Alexandros Moulas, Chief Commercial Officer, Residential of Lamda Development, said speaking at…

Tsakos: Message of continued investment in Greek seamen

A clear message of continuous investment in the human resources of the shipping industry was sent by the CEO of Tsakos Energy Navigation, Dr. Nikos Tsakos, at the 16th Hydra…

67th MedCruise General Assembly held in Croatia

The 67th MedCruise General Assembly (30/9-3/10) was held in the historic city of Šibenik, Croatia, bringing together 214 participants from ports, cruise lines and institutions. The opening event, held at…

Purchasing power: Convergence with Europe a 15-year marathon

There is still considerable progress to be made in Greece to enhance the average purchasing power of its population to the corresponding European levels. According to the data from the…