Representatives of the cruise sector are asking for specific initiatives to immediately address the problems of the sector based on a national plan.
Among the problems are the simultaneous approach…
Tourism has a strong footprint on the Athens Stock Exchange, as several listed companies from various sectors of the economy are affected – some more, others less – by the…
METLEN Energy & Metals inaugurated its second own project in Chile, Doña Antonia solar park. It is an investment of 65 million dollars with an installed capacity of 90 MW…
Greece’s major energy companies recognize the “favorable ground” for investments in the Balkan region, specifically in Romania and Bulgaria, with a special emphasis on the sector of Renewable Energy Sources…
More than 48,000 on-site tax audits throughout the territory and in all sectors of activity have been carried out by the Independent Public Revenue Authority (AADE), aiming at defending public…
When his father, back in the 1950s, opened a small pastry shop in Serres, Panagiotis Tsinavos, current main shareholder and head of Kri-Kri, could hardly have imagined the current evolution…
As the analysts of the National Bank’s Economic Analysis Department pointed out, this is the first post-pandemic drop and a correction against the high fluctuation of last year’s monthly performance.…
In the June-July 2024 period, the shipping company WeberSeas registered contracts for 89 new vessels, with a capacity of 1.2 million TEUs.
This is the highest rate of orders since…
In 2024, the freight rates for LNG carriers will range lower compared to last year, while the prices for new vessels have increased compared to last year.
Despite the fact…
One of the richest sovereign wealth funds on the planet, Norway’s sovereign wealth fund, with a portfolio value of 1.7 trillion dollars, has holdings in 36 listed companies on the…
Prime Minister Kyriakos Mitsotakis is expected to begin a series of meetings on Monday that will last until early September in order to finalize the package of measures to be…
Ideal Holdings is planning a new round of acquisitions and investments as part of its plans to continue strengthening the company’s portfolio in 2024.
Lambros Papakonstantinou, chairman of the board…
The Athens Stock Exchange has managed to recover most of the recent sell-off and shows that it has the momentum to slowly return to the previous high levels.
The Athens…
The new president and CEO of OTE, Kostas Nebis, presented a strategy for the development of the Group based on five pillars, underlining at the same time that “the goal…
The Public Power Corporation (PPC) continues its impressive deals, with its CEO George Stassis having completely changed the profile of the listed company, which was on the brink of collapse…
This year’s summer sale period highlights a recent worrying trend: the significant decrease in retail businesses’ turnover, which is a continuation of the negative course that has been observed throughout…
Shipping analysts see the first bad omens for the bulk carrier freight market, amid a correction in freight rates from the recent highs.
The sector experienced a very strong first…
Premia Properties is expanding into the sector of tourist properties with the acquisition of two hotels, in Rhodes and Crete, for a price of 112.5 million euros.
With the addition…
The Ministry of Environment and Energy announced the amount of the subsidy for electricity bills related to consumption in August. Specifically, subsidies for electricity in household tariffs and for all…
Dorian LPG, a company that operates large LPG carriers and recently placed an order for a large vessel capable of carrying ammonia (VLAC), recorded revenue of 114.4 million dollars compared…
Greece’s economic climate index fell to 106.8 points in July from 110.5 points in June, the lowest performance in the last five months, according to the Foundation for Economic and…
The Cruise Lines International Association (CLIA), the leading voice of the global cruise industry, which represents 95% of the industry, met with the Minister of Maritime Affairs and Insular Policy,…
Inflation in the eurozone may fall below the 2% target, Bank of Greece governor, Yiannis Stournaras, said in an interview with Platow.de.
As he said, “new indications of weak economic…
The opinions of Greeks regarding the impact of tourism and the phenomenon of hypertourism are recorded in a new survey by the Eteron Institute, conducted by aboutpeople.
According to the…
Greek shipowners launched an intensive construction program last year, closing significantly the gap with China.
In November 2023 the shipping organization BIMCO issued a survey, based on which the Chinese…
The generation of Millennials (ages 30-49) holds the first place in the total monthly purchases of e-commerce in Greece, according to a survey carried out by Nexi on the consumption…
The Skyline project, concerning an Alpha Bank agreement for the transfer of approximately 570 properties to Dimand – Premia – EBRD, for a price of approximately 400 million euros, has…
The Greek Tourism Ministry is speeding up the institution of a pioneering and innovative, worldwide, hotel classification system based on sustainability criteria, which will include their evaluation and certification based…
National Bank recorded strong financial results in the first half of the year, with profits after taxes reaching 670 million euros, recording an annual increase of 26%. Group organic profit…
NYSE-listed Costamare closed the second quarter of 2024 with liquidity totaling 1.118 billion dollars. During the same period, the company recorded net profits of 102 million dollars and revenues of…
