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Friday, 23 Αυγούστου 2024

AADE to launch digital audits on licence plates, customer lists and property owners in September

The Independent Public Revenue Authority (AADE) is speeding up the procedures for the implementation of a series of new digital audits as of September. From next month, the digital control…

Cosmote TV and Netflix: Two services with one subscription

Telekom Group’s collaboration with Netflix through COSMOTE TV is expanding. COSMOTE TV subscribers will be able to enjoy even richer television and film content, earning a 2.0-euro discount, having the…

Kotzamanidis: The beginning, the stock rally and the 23-million-euro gains

The company was listed on the Alternative Market of the Athens Stock Exchange with a turnover of 7.1 million euros and net profits of 1.1 million euros. The gradual expansion…

PPA: The port’s workplace safety regulations are fully in line with current legislation

The regulations of the Piraeus Port Authority SA are fully harmonized with the current legislation for the protection of health and safety in the workplace, according to a statement by…

Lakki Leros: Restoration of the port with a budget of 800,000 euros

The project of restoring the port of Lakki on the island of Leros, where passenger ferries of the Piraeus-Rhodes line approach, has been included in the National Recovery and Resilience…

Andriopoulos: From McDonalds and Superfast to Dimand; the stock rally and the 180-million-euro profits

Dimand’s share has recorded an impressive rally, which exceeds +20% on the Athens stock exchange, having climbed from 8 euros to nearly 10 euros in two months. The founder and…

Athens – Piraeus a step higher as a global shipping center

The Athens/Piraeus ecosystem showed its strength in the field of ship management, gaining a place in the list of the world’s leading shipping centers. The survey, prepared on an annual…

Thursday, 22 Αυγούστου 2024

Banks: The reasons why stress tests will be stricter in 2025

The banking industry will face a “perfect storm” from the beginning of 2025 with the next, stricter stress tests that the European Banking Authority (EBA) will carry out together with…

How Greek workers became the poorest in Europe, even compared to Bulgaria

Why is purchasing power in decline when GDP is rising and unemployment is falling? This is essentially the big question and the thorn of the Greek economy. An economy that…

Greek-flagged tanker Sounion abandoned after Red Sea attack

An unmanned surface vehicle (USV) was successfully neutralized on Thursday morning by a frigate located at the site, which had been called to provide protection, at the request of the…

AADE: 52 businesses with undeclared e-sales of more than 18.5 million euros

The auditors of the Independent Public Revenue Authority (AADE) found that more than 52 businesses sold products on the internet without  declaring their income, as they did not issue the…

OLTH master plan: New infrastructure expansion investments 

Investments, building conditions and environmental commitments are included in the draft presidential decree of the Thessaloniki port master plan, which is already in the final stretch. The project for the…

Grid Telecom (IPTO) and Tamares are turning Cyprus into a connectivity hub of the Eastern Mediterranean

Grid Telecom and Tamares Telecom will join forces for the development and operation of a state-of-the-art cable station and coastal infrastructure in Cyprus. More specifically, Grid Telecom, a subsidiary company…

SMEs to continue investments despite the concerns of smaller companies

Small and medium-sized enterprises aim to grow and enhance their efficiency, making use of every financial tool through investments despite the uncertain economic environment and the lack of financial guidance.…

Bank of Greece: Travel receipts up 12.2% to 6,921.3 million euros in Jan-June

The balance of travel services showed a surplus of 5,553.1 million euros in January-June 2024, up from a surplus of 5,053.5 million euros in the corresponding period of 2023, according…

6 years without the troika: What the Greek economy has achieved after the nightmare of the memoranda

The Greek economy has been on a recovery path since 2018, the year that marked the end of an anti-growth economic policy, strict fiscal discipline and unpopular reforms, which were…

Wednesday, 21 Αυγούστου 2024

Navios: New investments and multi-year charters

The US-listed company spent 501.1 million dollars to boost its fleet with six new vessels and one modern second-hand vessel. In particular, it ordered four aframax/LR2 tankers, with a capacity…

Greek-flagged vessel Sounion attacked in Red Sea

Crude oil tanker Sounion reported being attacked by two small boats and struck by three projectiles in the Red Sea off Yemen on Wednesday, according to the United Kingdom Maritime…

Business mergers: Strong tax and development incentives

The financial staff is working on the latest details of the incentives to be offered in order to enhance extroversion and boost the growth of Greek businesses through mergers. The…

Bank of Greece: Current account deficit up 693.4 million euros in H1

The current account registered a surplus of 270.8 million euros in June 2024 compared to a deficit in June 2023, due to an improvement in the primary income account and,…

Greece imposes stricter limits on permissible exposure to harmful substances

The incorporation of a European Directive into national law, which strengthens the existing framework aimed at protecting the health of workers from exposure to harmful substances during work, is provided…

Houthi attacks have an impact on Piraeus port

Container traffic in the port of Piraeus slightly decreased in July 2024, due to the geopolitical developments in the Red Sea, as Houthi attacks against international shipping continue. The drop…

ASPIDES: There can be no solution to this crisis by military action alone

With all eyes turned on the Middle East amid fear of further escalation of tension in the region, the European operation ASPIDES continues to cooperate with the forces deployed in…

The next steps for Greece-Egypt power interconnection project

After the summer vacation break, the next steps are expected to be taken for the promotion of the Greece-Egypt energy interconnection project, according to “Naftemporiki” sources. The project, known as…

Athens Stock Exchange: The 20+3 companies holding 80% of the total market value

The cumulative capitalization of the 20 largest listed companies on the Athens Stock Exchange is close to 80 billion euros, which means that they control approximately 80% of the total…

Passenger traffic in Greek airports soars 9.5% in January-July

Passenger traffic in Greek airports where commercial flights are conducted (39 airports: 24 CAA, 14 FRAPORT GREECE, AIA) recorded an increase of 9.5% from January to July compared to the…

Tuesday, 20 Αυγούστου 2024

Software and IT services increasing their market share with capitalization of 2.4 billion euros

The cumulative capitalization of the companies in this sector exceeds 2.4 billion euros, and constitutes a key link in the long chain of this year’s activity of acquisitions – mergers…

Bulk carriers: The 4 factors that determine their course

More specifically, Petros Pappas, head of Star Bulk, the largest dry cargo shipping company listed on NASDAQ, sees four factors that strengthen the bulk carrier industry. The needs to transport…

Ministry of Maritime Affairs: 9.16% reduction in annual electricity consumption

The annual energy-electricity consumption of the Ministry of Maritime Affairs and Insular Policy (central building of the ministry, Merchant Marine Academies, port authorities, repair units, cold-ironing of Coast Guard vessels,…

Notos Com sees sales at 135-140 million euros and EBITDA at 19-21 million euros

The management of Notos Com is aiming to further increase its 2024 sales and expand the company’s reputation, following the investments made during the previous financial year for the improvement…