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Wednesday, 03 September 2025

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…

Eldorado Gold at TIF: Explore professional opportunities and commercial partnerships

Hellas Gold and Thracean Mines, subsidiaries of Eldorado Gold in Greece, are participating jointly in the 89th Thessaloniki International Fair (Hall 10, Stand 10), as part of the unified promotion…

Monday, 01 September 2025

Koumoutsakos to “N”: Greece should acquire a modern oceanographic and research vessel

Greece needs to acquire a modern oceanographic research vessel as soon as possible, the country’s representative to UNESCO, Georgios Koumoutsakos, said in an interview with “Naftemporiki.” Asked whether UNESCO is…

PMI: Greek manufacturing growth hits five-month high in August

Greece’s manufacturing sector experienced its strongest growth in five months in August, according to the latest PMI® data from S&P Global. The rise was attributed to a surge in domestic…

IELKA: Prices on supermarket shelves up 1.59% in August

Inflation in supermarket chains stood at +1.59% in August 2025 compared to August 2024, with a tendency to gradually de-escalate to slightly lower levels compared to the previous three months,…

Green Ports – Kyllini hosts the dialogue on the future of shipping

A conference will take place on Tuesday, September 2, 2025, at 12.30, on board the Fior di Levante ship in the port of Kyllini, entitled “Green Ports & the Future…

Stock Market: September kicks off with a heavy agenda

The Athens Stock Exchange opens “officially” the autumn season on Monday, following four negative sessions (-4.4%). However, the General Index has climbed at least +37% since the beginning of 2025,…

New record in the establishment of sole proprietorships

The new establishments of sole proprietorships during the second quarter of 2025 stood at the highest level of the last years, and certainly higher even compared to the period before…

Deposits up by 52 million euros; loans down by 22 billion euros

Increasingly large amounts are accumulating in bank deposits, despite zero and lower-than-inflation returns, while at the same time the balance of loans granted by banks is declining, despite the barrage…

Power Sub Link: A Greek company behind the reconnection of Egypt and Jordan after 25 years

The first electrical interconnection via submarine cable between Egypt and Jordan in 25 years has been concluded, with the participation of a Greek company. Coral Bridge is the first telecommunication…

AVAX: Besmaya power plant in Iraq completed

AVAX Group announced the completion of the power plant and the successful start-up and operation of the 282.51 MW Besmaya Power Plant in Baghdad. According to the announcement, with the…

668 million euros funds for Greece’s remote islands

The new tender of the Ministry of Maritime Affairs and Insular Policy for the remote routes brings multiple benefits, both for the citizens of the islands and for the coastal…

Friday, 29 Αυγούστου 2025

Cruise passenger fee proves counterproductive

Many cruise companies in Greece may proceed with changes to itineraries and possibly the exclusion of destinations from 2026, as the measure of disembarkation fees in popular ports, such as…

Merger of Hellenic Bank with Eurobank Cyprus

Eurobank S.A., a subsidiary of Eurobank Ergasias Services and Holdings S.A., announced the receipt of all required regulatory approvals for the merger of its wholly owned subsidiaries in Cyprus, i.e.…

Flisvos Marina presents first electric service vessel

The Marina of Flisvos presented the first electric service vessel built specifically for its needs, which will be used to support mega yachts and mooring operations as part of its…

Digital Realty Hellas’ 4th data center

Digital Realty Hellas’ new investment, its 4th data center, named Athens 4, will be completed in early 2026, with the company reporting 17% annual revenue growth. Digital Realty Hellas, the…