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Wednesday, 09 April 2025

Motor Oil: First delivery of biofuel-based marine fuels in Greece

Τhe first delivery of biofuel-based marine fuels to Greece, by Motor Oil Group and its company Coral Marine, is a reality. According to the Group, it is a milestone in…

Monday, 07 April 2025

Euro and government bonds are investors’ refuge amidst the turmoil

As US President Donald Trump’s tariffs have caused a global economic turmoil, the markets are under strong pressure. In this environment, investors are looking for refuge. They find it initially…

KNDS and METLEN partner for the production of 8×8 Infantry Fighting armoured Vehicle in Greece

METLEN has entered into an exclusive partnership with KNDS France for the production of the French latest generation of 8×8 Infantry Fighting armoured Vehicle, VBCI PHILOCTETES, marking a significant milestone…

Chinese retaliatory tariffs increase pressure on shipping

Greater pressure on shipping is expected following China’s immediate response to the tariff war declared by US President Donald Trump, with analysts pointing out that the consequences of the current…

Athens stock market: US tariffs have cost more than 7 billion euros; FTSE Russell in the spotlight

Donald Trump’s trade tariffs have cost the Athens Stock Exchange more than 7 billion euros so far, with the General Index, amid the international uncertainty and concern, gradually abandoning 15-year…

myAADEapp: The application is now available for businesses and legal entities

The official digital application of the Independent Authority for Public Revenue (AADE) for mobile devices, myAADEapp, is now available for businesses and legal entities. Through the application, businesses have the…

The CEO who smiles despite the US tariffs

While the entire market is now talking about the negative effects of trade tariffs, Evangelos Mytilineos may feel great relief from the fact that he has chosen Europe, staying away…

“Immediate action and education” required for the green transition

A call for immediate action, due to the EU regulations on the Emissions Trading System (EU ETS) and FuelEU Maritime, as well as the expected medium-term measures of the IMO,…

Twelve companies express interest in public sector AI projects totaling 47.39 million euros

The Information Society project “Development of actions using Artificial Intelligence (AI) to improve Public Administration” has mobilized the entire market of Information and Communication Technology companies and consulting services. In…

Greek shipowners see calm after the storm

The global shipping industry is closely monitoring developments after US President Donald Trump announced heavy tariffs on imports of products from dozens of countries around the world. These tariffs are…

Greek shipping repair sector shows modest growth

A marginal increase in ship repairs in Greece was recorded in 2024, according to the Hellenic Statistical Authority (ELSTAT). More specifically, the number of ships repaired in 2024 amounted to…

Friday, 04 April 2025

Exporters Association: The impact of tariffs on the Greek market is expected to be limited

The Greek Exporters’ Association (SEVE) appears cautiously optimistic about the impact of Trump’s tariffs on the Greek economy. More specifically, the Association said that “there will be some minor impact…

Shipping: Uncertainty hampers second-hand ship market

Ship buying and selling activity began on a negative trajectory in 2025, mainly due to broader market uncertainty, with Greek and Chinese shipowners monopolizing confirmed transactions. In its latest report,…

Trade Estates sees a portfolio of 720-760 million by 2028

Trade Estates REIC estimated that it will have a real estate portfolio with a Gross Asset Value of 720-760 million euros by 2028 (compared to 541.5 million at the end…

Hatzidakis: The consequences of tariffs on the Greek economy are secondary

The tariffs imposed by US President Trump have sparked a “global economic war” from which everyone will lose, Deputy Prime Minister Kostis Hatzidakis warned during a speech at an event…

PPC: Mega investment plan of up to 12 billion and 20,000 jobs in Western Macedonia

An investment plan of 5.8 billion euros in Western Macedonia (up to 12 billion under certain conditions), which will create 20,000 direct jobs during the construction of the projects and…

Kikilias: The issue of flags on ships must be re-examined

“Shipping is the most important extroverted pillar of the Greek economy. I am truly grateful that Prime Minister Kyriakos Mitsotakis entrusted me with the position of Minister in such an…

Shipping: Attaining EU goals in hydrogen production encounters challenges

Europe is unlikely to meet its 2030 hydrogen production targets, despite significant ambitions and funding commitments. According to a research by Westwood Global Energy Group, a specialist energy market research…

Piraeus Chamber and the Chinese Embassy agree to keep an open channel of communication

A discussion on bilateral trade relations between Greece and China, as well as other issues concerning COSCO’s activities in the port of Piraeus, was held during the meeting between Chinese…

Pierrakakis on tariffs: The global trade war does not benefit anyone – We will address the challenges with a plan

“The US government’s announcements mark a historic shift towards protectionism and a sharp change in the way the global economic system has operated for decades,” Minister of National Economy and…

Kostas Nebis (OTE): Are there any other pleasant surprises in store?

Kostas Nebis has hopefully completed nine months at the helm of OTE Telecoms, and he is likely to have some pleasant surprises in store for shareholders in the coming period.…

Thursday, 03 April 2025

Profile: High goals outlined in the 2025-2028 business plan – Investments of 100 million euros

The Profile Group aims to more than double its revenues in the next three years 2025-2028, through expansion in existing and new markets, investments in innovation, acquisitions and partnerships (M&A)…

Softweb: Enhanced performance and expansion of the client base in 2024 

The Softweb group of companies recorded a significant increase in its 2024 financial figures. The strategic goal of the group’s management remains the provision of all-in-one solution products and services,…

IRIS: Universal implementation and new transaction monitoring framework

All businesses and legal entities that transact with individuals are obliged to accept payments through the IRIS direct payment system. This is provided for by a regulation included in the…

Piraeus Chamber of Commerce and Industry expresses strong concern about the consequences of US tariffs

The Piraeus Chamber of Commerce and Industry (PCCI) expressed its strong concern about the consequences for international trade and, in particular, the Greek business environment after the decision of the…

Shock and awe in the markets: Stocks, oil, cryptocurrencies tumble – Gold soars, bonds rise

Asian markets have plunged, the first market to open after Donald Trump’s announcements of sweeping tariffs on everything, US “economic independence” and an end to globalization. The tariffs are much…

Trump’s new tariff plan stanches demand for Greek olives, olive oil, feta cheese and wine

The imposition of 20% tariffs imposed horizontally by the Trump administration on all imported products from the European Union has dealt a severe blow to the loyalty of US consumers…

Qualco group poised to join the Athens Stock Exchange

Qualco Group is preparing to get listed on the main market of the Athens Stock Exchange. The group has already submitted its prospectus for approval to the Capital Market Commission…

Masoutis-Kritikos’ deal set to proceed in May

Masoutis SA is expected to sign a binding agreement for the acquisition of Kritikos supermarkets in May, the president and CEO of the company, Yiannis Masoutis, told “N”. The deal…

Posidonia Sea Tourism Forum 2025: Focus on the Eastern Mediterranean

As the 8th Posidonia Sea Tourism Forum prepares to welcome the global cruise community to Heraklion, Crete, in May, attention is turning to the Eastern Mediterranean – a region facing…