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Friday, 22 Αυγούστου 2025

Navios: Contracted revenue of 3.7 billion dollars

Navios Maritime Partners has built very strong financial foundations, reporting revenue of 631 million dollars in the first half of 2025, contracted revenue of 3.7 billion dollars, and a diversified…

Eurobank: Fuel import reduction boosts Greece’s external banks in H1

The reduction in fuel imports and, to a lesser extent, the grants from the Recovery Fund led to an improvement in Greece’s external balance in the first half of 2025,…

Praktiker moves forward under Romanian Paval Holdings

Praktiker Hellas is moving forward into the next day under the Romanian Paval Holdings, the investment group that owns Dedeman, a leading force in the Romanian DIY market and one…

Athens stock exchange keeps wait-and-see stance ahead of Jackson Hole

The Athens Stock Exchange is slightly rising +0.42% at 2,106 points, with banks gaining 0.86%. High capitalization is also moving upwards (+0.44%). Alpha Bank stands out with gains of over…

Jackson Hole – Powell’s pivotal speech could be make-or-break moment for markets

Jerome Powell will speak on Friday at the annual economic symposium in Jackson Hole at a time when US President Donald Trump ramps up his attacks against the Fed chair,…

Korkidis: Turnover drops up to 20% in this year’s sales

Greek consumers preferred to spend their money on vacations this summer, instead of consumer products, Vassilis Korkidis, President of Piraeus Chamber of Commerce and Industry, said in an interview with…

Tourism: South Korea is a target market for Greece

Minister of Tourism Olga Kefalogianni met with the Korean Ambassador to Greece, Mr. Ju-seong LIM, in view of her visit to South Korea, which is a target market according to…

The new framework for crypto-asset service providers in Greece

A decision of the Capital Market Commission stipulates the step-by-step process that cryptocurrency service providers who wish to obtain the relevant license and operate in Greece must follow. This practically…

Arrivals in tourist accommodation establishments on upward trend

Arrivals in tourist accommodation establishments amounted to 5,463,943 and nights spent amounted to 23,664,485 in June 2025, recording an increase of 2.6% and 1.8% respectively compared to the corresponding month…

Thursday, 21 Αυγούστου 2025

Retail sector: Turnover reaches 19.02 billion in Q2

Turnover of retail trade enterprises amounted to 19,020,709 thousand euros in the second quarter of 2025, recording an increase of 2.5% in comparison with 18,561,250 thousand euros in the second…

Ryanair calls for urgent ATC reform after delays in Athens

Ryanair called on the EU Commission to urgently reform Europe’s shambolic ATC system after an ATC equipment failure at Athens’ ATC Centre on Wednesday, August 20 caused unnecessary delay to…

Six suitors advance to next phase of Vouliagmeni Beach tender

The tender process for Vouliagmeni Beach, which is being conducted by the Hellenic Public Properties Co. (HPPC), has advanced in the next phase with the aim of concluding it by…

Containership orderbook climbs to record levels

The containership orderbook has soared to record levels reminiscent of the 2000s, with new orders exceeding 10.4 million TEUs and the orderbook-to-fleet ratio at 31.7%, the highest level since 2010.…

Grounded Greek cargo ship off Crete under monitoring

The Sierra Leone-flagged cargo ship “MN KOSTAS”, which has been partially sunk, with only its bow projecting from the water, remains under enhanced monitoring in the Kyriamadi area of Sitia,…

Greeks’ spending on travel abroad records 20-year high

Greeks spent more than 2.8 billion euros on trips abroad last year, showing an increase of 15%, compared to 2023, according to the data of INSETE (Institute of the Greek…

AADE: Termination of business activity with one click

The governor of the Independent Public Revenue Authority (AADE), George Pitsilis, set out clear rules for taxpayers who proceed with the cessation of activity through a special digital application, without…

ΑTHEX trading volume soars ahead of Euronext developments

Investor interest in  Hellenic Exchanges – Athens Stock Exchange (ATHEX) shares remains strong amid Euronext developments. The average turnover of the last 30 days has exceeded 3.9 million euros, while…

Fires on ships a major issue for global shipping – Critical warning for Greek ports

Following a series of fires that have broken out in 2025 on container and vehicle transport ships, such as the WAN HAI 503 and MSC ELSA 3 in the Indian…

The Athens stock exchange after the bailouts – How far has the Greek stock market advanced?

Seven years after the bailouts, the Athens Stock Exchange managed to make steps forward with considerable effort and sacrifices. More specifically, it has left behind the investment difficulties and become…

Wednesday, 20 Αυγούστου 2025

Greece’s economic situation seven years after the bailouts

It has been 7 years since Greece has left behind the memoranda. The narrative at the time was that we were entering a new era, that “the difficult times are…

Bank of Greece: Tourist arrivals down 1.7% – Receipts up 8.8%

In June 2025, the current account recorded a deficit of 1.2 billion euros, compared with a surplus in the corresponding month of 2024, due to the deterioration of the balances…

IPTO uses drones to coordinate fire fighting operations

The unmanned aerial vehicles (drones) of the Independent Power Transmission Operator (IPTO) contributed to the coordination of the operations of the Fire Department to extinguish the recent fires in Attica…

The “recipe” for success in using Artificial Intelligence – A guide for employers and employees

Practical guidance for both organizations adopting Artificial Intelligence and professionals who want to adapt and evolve in the era of genetic and agentic AI is offered by the research of…

Greece: Seven years without memorandum – The largest business deals

Greece’s business landscape has changed as a result of a series of important agreements in the post-memorandum period characterized by a series of important agreements. From emblematic acquisitions and decisive…

Stock Market: Energy stocks on the rise – Returns up to +63%

One of the “protagonists” of the current rally on the Athens Stock Exchange seems to be the energy sector, which continues to offer significant returns to shareholders. In particular, 5+2…

Koumpenas to “N”: Cruise sector shows positive performance in 2025

“The performance of the cruise sector is exceptionally good,” said George Koumpenas, operations director of Celestyal Cruises and president of the Association of Cruise Ship Owners and Maritime Agencies  (EEKFN),…

SK Group acquires full ownership of ELVO to expand defence production and exports

SK Group acquired full ownership of ELVO, manufacturer of specialized military and civilian vehicles. The acquisition underlines SK Group’s long-term commitment to the country – strengthening domestic industry, promoting innovation…

Tuesday, 19 Αυγούστου 2025

Economou: New order for 4 LNG carriers totaling 1 billion dollars

A large shipbuilding program for LNG carriers and dual-fuel containerships is being run by the TMS group owned by George Economou. The latest order, worth one billion dollars, is in…

Salamis Shipyards delivers four new pre-equipped blocks of the French frigate “Admiral Castex”

Salamis Shipyards completed and delivered four pre-equipped blocks for the third FDI frigate of the French Navy, the “Admiral Castex.” As emphasized in a statement issued by Salamis Shipyards, the…

Cyprus and Bulgaria boosted Eurobank’s profits

The Bulgarian and Cypriot markets played a decisive role in Eurobank’s profits in the first half of the year, as CEO Fokion Karavias admitted during the briefing for international analysts…