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Wednesday, 18 June 2025

2nd Hellenic-American Shipping Gala: An Evening of Friendship and Maritime Cooperation

A major international event dedicated to the friendship and maritime cooperation between Greece and the United States will be organized by the Propeller Club of Piraeus, in collaboration with the…

Tuesday, 17 June 2025

Market reaction to geopolitical tension

The resilience that markets show during periods of international turmoil, geopolitical tensions, and conflicts is well known. And the current period confirms the historical statistics. International markets reacted calmly —…

Container traffic at Piraeus port on the rise

An upward trend has been recorded in container traffic at the Port of Piraeus, despite ongoing geopolitical tensions that affect global trade flows. The full return of container ships through…

Metlen: Financial close for Australian solar projects with lenders

METLEN completed the refinancing of all its operating and under construction projects in Australia with Deutsche Bank, Intesa Sanpaolo (IMI CIB Division) and Westpac Banking Corporation on May 23. The…

Hellenic Competition Commission: Minerva acquires trademarks of Altis, Elanthi, Flora, and Sol

Minerva SA, one of the largest food companies in Greece, acquired the olive oil and other oil trademarks of Altis, Elanthi, Flora, and Sol, following the approval of the Hellenic…

Stock Market: Analysts expect a negative opening – All eyes on the Middle East

Geopolitical upheavals continue to cast a shadow over the Athens Stock Exchange, with investors continuing to be affected by international trends. Attention is focused on the military conflict between Iran…

Eurobank Hybrid Debit Mastercard: The first virtual debit card from a Greek systemic bank

Eurobank is offering its customers the Hybrid Debit Mastercard, the first virtual debit card provided by a Greek systemic bank. The Hybrid Debit Mastercard, which is available exclusively through the…

Stournaras calls for an overhaul of the entire tax framework

A complete overhaul of the entire tax framework, with a focus on the middle class, as well as a review of the social benefits distribution mechanism, is being proposed by…

Demand for scrubbers surges

Despite the continued decline in the price differential of marine fuels during the first half of the year, demand for exhaust gas cleaning systems (scrubbers)—which help reduce sulfur oxide (SOx)…

National Bank welcomes Yale delegation

The National Bank welcomed a delegation from Yale University, while a working lunch was also organized focused on addressing global challenges. Specifically, the Chairman of the Board of Directors of…

Tzitzikostas: New European strategy for shipping

A working lunch was held at the Piraeus Maritime Club with the participation of European Union Commissioner for Sustainable Transport and Tourism, Apostolos Tzitzikostas. The President of the Piraeus Marine…

Monday, 16 June 2025

Defense plans for the Greek energy system

In cases of cyberattacks and interruptions in the supply of natural gas, the updated “Risk Preparedness Plan for the Electricity Sector of Greece” identifies the greatest risks for the supply…

Government gives AADE full access to subsidies and tax evasion detection

The Independent Public Revenue Authority (AADE) is “growing”. Following the decision to transfer the responsibilities of the Greek Payment Authority of Common Agricultural Policy Aid Schemes (OPEKEPE), the Financial Crime…

Pierrakakis on Middle East: We hope to avoid the worst – Strait of Hormuz closure would have negative impact

“We are all concerned when the Middle East is on fire and we hope we will avoid the worst,” the Minister of National Economy and Finance Kyriakos Pierrakakis said and…

Primary surplus of 5.35 billion – Tax revenues up 7% compared to target

Tax revenues exceeded the target by 27 billion euros from January to May, up by 1.773 billion euros or 7% compared to the target, based on data announced by the…

Kikilias: Concern over rising oil prices – Food and ticket costs likely to be affected

“The increases in the price of oil of up to 10% in one day are intensifying international concerns about transport and product prices,” the Minister of Maritime Affairs and Insular…

Tsakos Energy Navigation leads in strategic shipping sectors

Tsakos Energy Navigation stands out in strategic segments of maritime transport. More specifically, TEN has been transformed “into an infrastructure company, with long-term commitments,” according to its CEO Dr Nikos…

Aktor’s strong footprint in a 45 billion project in Romania

Aktor “sees” significant scope for the development of its activity in Romania, a country of strategic importance for the Group, in which it operates, having, among other things, invested in…

Tzitzikostas outlines the Commission’s priorities for shipping

The European Commission’s key strategies regarding the maritime industry were presented by the European Commissioner for Sustainable Transport and Tourism, Apostolos Tzitzikostas, during an official visit to the offices of…

Kikilias – Kefalogianni – CLIA focus on Greek cruise

The Minister of Maritime Affairs and Insular Policy, Vassilis Kikilias, and the Minister of Tourism, Olga Kefalogianni, had a joint meeting with the Executive Chairman and CEO of the Cruise…

Banks enter a new innovation cycle

Both systemic and central banks are entering a new cycle of innovation, with an emphasis on digital direct payments. The ever-increasing expansion of direct payments, the new national legislation to…

Friday, 13 June 2025

Grammatikos (Piraeus Bank): Paving the way for a new banking model

“The national legislation and the recent European regulation that are reshaping the landscape represent an opportunity for banks to transition to a new model in the payments market, with an…

Netcompany turns to AI and Defense

Netcompany SEE EUI, now known as Netcompany-Intrasoft, is focusing on Artificial Intelligence and new sectors such as Defense. As Alexandros Manos, CEO of Netcompany South and East Europe & European…

IMO calls on for new investments in alternative fuels

The shipping industry is at a critical crossroads, as it is called upon to drastically reduce emissions and shift to more sustainable practices. In the context of the energy transition,…

Supermarkets see record turnover driven by increased consumption and rising prices

Turnover in basic supermarket products reached 4.3 billion euros in the first four months of the year, continuing its upward momentum with the increase reaching 7.3% compared to the corresponding…

Prodea plans investments of 837.8 million euros

Prodea REIC is carrying out investments worth 435.2 million euros, within the framework of a total investment plan of 837.8 million euros (402.6 million have already been allocated). The company…

Travlou: No decisions about shipping without the involvement of shipping

No decisions about shipping should be made without the involvement of the shipping industry, the president of the Union of Greek Shipowners, Melina Travlou, said addressing the Maritime Summit in…

GEK Terna Group named provisional contractor for two railway projects in Romania

GEK Terna Group has been selected as the provisional contractor for two railway infrastructure projects in Romania, with a total budget of 800 million euros. The Greek group’s share is…

Tzitzikostas: Shaping the future of European shipping on our own terms

The Commissioner for Sustainable Transport and Tourism, Apostolos Tzitzikostas, participated as a keynote speaker at the “Shaping the Future of Shipping Summit”, which took place at the Athens Conservatory. The…

PPC Group powers up its Fiber Optic rollout

The three largest telecommunications providers – OTE, Vodafone and Nova – are now faced with a potentially strong competitor, PPC, in the provision of fiber optic internet connection (FTTH) services.…