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Friday, 05 September 2025

Alpha Bank: Tourism portfolio reaches 2.5 billion euros

Alpha Bank’s total tourism portfolio amounts to 2.5 billion euros, with the bank financing emblematic tourism projects in the country. Alpha Bank continues to play a leading role in supporting…

Thursday, 04 September 2025

PPC Group participates in the European research project SOLARIS

PPC Group is participating in the European research project SOLARIS, which aims to develop more efficient, reliable and profitable operation and maintenance strategies for photovoltaic (PV) systems across Europe, according…

Greeks take the lead in shipbuilding

The Greek orderbook remained at impressively high levels for yet another month, confirming the leading role of Greek shipowners in global shipping. According to the latest report by Xclusiv Shipbrokers,…

OPAP on track to meet 2025 targets

Driven by Joker, Eurojackpot and Online Gaming, OPAP is on track to meet the goals set by its management for 2025. The listed company showed an increase in turnover and…

Trade Estates launches an investment plan of 156.4 million euros

Trade Estates REIC aims to strengthen its portfolio by 31.8% at 760 million euros (Gross Fair Value) in 2028, having planned investments of 156.4 million euros for the next three…

September is a month of opportunities for Greek banks

September is a ‘hot’ month for investment developments in Greece’s financial sector. A critical three-day period begins on Thursday in New York for Greek banks as they will participate in…

METLEN joins FTSE 100 index – Confidence in the company’s vision and ability

Metlen Energy & Metals joined the FTSE100 index, as confirmed by FTSE Russell in a statement. More specifically, the global provider of index and benchmark solutions said that the Burberry…

Is Greece–Cyprus power link switched off?

The Greece–Cyprus power interconnection project — plagued by setbacks — took on a new twist yesterday following a revelation by the President of the Republic of Cyprus. Speaking to journalists,…

Shipping: Artificial Intelligence takes the helm

The global market for autonomous ships and advanced maritime technologies is expected to reach 165.61 billion dollars by 2030, according to analysis by Allied and Lloyd’s. This figure reflects the…

How resilient is Greek tourism?

“Greek tourism continues to show signs of dynamic growth,” the Secretary General of SETE and President of INSETE, George Vernikos, said on Naftemporiki TV. As he noted, there is an…

A golden decade for shipping

The next decade is predicted to be a “golden” one for the shipbuilding industry, with global orders for new ships, according to estimates by Goldman Sachs Global Investment, reaching 441…

Wednesday, 03 September 2025

Cosmote Telekom: Expansion of partnership with Globalstar at the Nemea Satellite Communications Center

Globalstar, one of the world’s largest providers of satellite infrastructure and technologies, is expanding its collaboration with Cosmote Telekom, doubling the capacity of its satellite station at the state-of-the-art facilities…

Heracles: 6.5 MW solar power plant fully operational at its factory in Evia – 6 million investment

HERACLES Group launched the operation of another large photovoltaic station at the premises of its factory in Milaki, Evia, following the corresponding installation at the Volos unit in May, enhancing…

Stournaras: Financial education a pillar of development policy

The importance of financial literacy and financial education of young people was emphasized by the governor of the Bank of Greece, Yannis Stournaras, in his speech at the educational conference…

FinQuest 2025 (Alpha Bank) competition rewards AI applications

Applications for Alpha Bank’s international innovation competition FinQuest 2025 are open until September 22. The theme of the competition is artificial intelligence (AI) and the cash prize of the winner…

Alarm over vulnerabilities in non-bank financial institutions

Liquidity mismatches, use of leverage and interconnectedness remain vulnerabilities of non-bank institutions that can affect financial stability, the European Systemic Risk Board said in a new report. The ESRB published…

Reduced expectations for the new spatial planning for renewable energy sources

Market players “see” limited benefits in the special spatial plan for RES currently being drafted. The revision of the special spatial plan for Renewable Energy Sources constitutes an obligation of…

Optical fiber: FTTH penetration at 56%

At a rate that exceeds the European average, FTTH networks (optical fiber to homes and businesses) continue to develop in Greece, without, however, bridging the gap with the rest of…

World’s top ports see strongest expansion in nearly a decade

Despite geopolitical tensions and trade tariffs, the world’s leading ports recorded the strongest expansion in nearly a decade in terms of container traffic in 2024, with an 8.1% increase and…

Kafounis (ESEE): Less than 50 companies cannot support the entire sector

“What is worrying is that a few dozen very large companies are showing a remarkable increase in turnover, while thousands of small and medium-sized companies are striving to survive,” pointed…

H&M Greece: Increase in turnover and profits – Gradual recovery in 2025

H&M Greece expects a gradual recovery of its financial data in 2025. The company’s goal is to limit its operating expenses as much as possible so that it can maintain…

Greece: Inflation at 3.1% in August – The sixth highest in the Eurozone

After three months of upward trend, inflation in Greece fell to 3.1% in August.In contrast, the eurozone inflation in August recorded a marginal increase to 2.1% from 2% in the…

Tuesday, 02 September 2025

A new generation of LNG carriers with Greek footprint

The LNG carrier market is at a crucial crossroads. On the one hand, global demand for liquefied natural gas continues to strengthen, fueled by Europe’s need to diversify its energy…

Metlen proceeds with investment for 4th defense equipment factory in Volos

METLEN announced the final investment decision for the construction of the 4th defense equipment factory at its industrial complex in Volos. “Just three months after Prime Minister Kyriakos Mitsotakis’ visit…

Ambassador of the Republic of Korea visited ONEX shipyards in Elefsis

The Ambassador of the Republic of Korea to Greece, Ju-seong LIM, visited the ONEX Group shipyards in Elefsis with the view to strengthening Greek-Korean relations. Greece’s role as Europe’s gateway…

Cosco Shipping: Strong performance and investments in green fleet

Cosco Shipping Holdings recorded strong performance in the first half of 2025, despite unstable demand and fluctuating freight rates in container shipping, with operating income of 15.28 billion dollars and…

194 milestones in 12 months: Greece’s race to secure billions from the Recovery Fund

Greece has 12 months to complete the 194 remaining milestones of the National Recovery Plan “Greece 2.0” and manage to absorb all the remaining resources totaling 36 billion euros corresponding…

Kikilias: Renewal of the Coast Guard fleet for border guarding

The Coast Guard fleet is being renewed with ‘Aegis 2’ aiming at guarding the maritime borders and strengthening security, the Minister of Maritime Affairs and Insular Policy Vasilis Kikilias said.…

Greek startup ecosystem claims share of international funding

The Greek startup ecosystem is claiming a share of international funding, with 2024 having better returns despite losses compared to previous years. It is encouraging that Athens, Thessaloniki, Heraklion, Patras…

Shipping market shows mixed signals

Although global shipping is facing unstable fundamentals and geopolitical shocks, the freight market picture is multidimensional. From the stability in LNG and LPG carriers, to the slump in containerships and…