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Friday, 10 October 2025

Electricity exports reach historic high

Electricity exports reached a historic high in the first half of 2025. According to data from IPTO, the country’s export balance expanded from 22 GWh in 2024 to 571 GWh…

Stem Shipping president awards the captain of Magic Seas

In a symbolic gesture, Stem Shipping and the company’s president, Michalis Bodouroglou, awarded the captain of the bulk carrier Magic Seas, which was attacked with missiles and torpedoes by the…

Amazon Web Services: 34% of Greek businesses adopt AI

The percentage of Greek businesses that are trying to unlock the benefits of Artificial Intelligence and are now systematically using AI has risen to 34%, compared to 22% last year,…

Papathanassis: Greece among the first EU countries in implementing the Recovery Fund

Greece remains among the first EU countries in the implementation of the Recovery Fund, while a positive assessment by the European Commission of the 6th request for payment of grants…

Greek-German economic relations at the center of Dr. Joachim Nagel’s meeting with executives of the Hellenic-German Chamber of Commerce

The President of the German Federal Bank and member of the ECB Board of Directors, Dr. Joachim Nagel, exchanged views with members of the German-Hellenic Chamber of Commerce and Industry…

Strategic agreement between METLEN and Karatzis Group for the largest standalone energy storage unit in Greece

METLEN and Karatzis Group of Companies are entering into a new strategic partnership, through their participation in a joint investment scheme with percentages of 49% and 51% respectively, for the…

Piraeus -Oracle renew cooperation with the signing of a new Memorandum of Cooperation

Piraeus Bank and Oracle announced the expansion of their strategic partnership with the signing of a new Memorandum of Understanding (MoU). This new agreement further strengthens the strategic relationship between…

Shipping: LNG is a “protagonist” in green transition

Liquefied natural gas (LNG) is emerging as a leading player in the decarbonization of shipping, responsible for approximately 3% of global emissions. Given the obstacles to the development of alternative…

Thursday, 09 October 2025

Top Ships sets sail on megayachts with profits

Tοp Ships enjoys the results of its opening, in the yacht sector. The company is owned by Evangelos Pistiolis, which manages a fleet of eight tankers. In April, the company…

PPC Group: Construction of 2.13 GW photovoltaic power plants in Western Macedonia reaches 90% completion

Renewable Energy projects in Northern Greece are moving ahead at a fast pace and within schedule, focusing on the areas around the Thermal Power Plants of Ptolemaida, Kardia, Agios Dimitrios…

John Fredriksen gives vote of confidence in Star Bulk

Norwegian shipping tycoon John Fredriksen has given a vote of confidence to Greek shipowner Petros Pappas’ Star Bulk, increasing his stake to nearly 12% and placing a close associate on…

Greek fur industry sounds the alarm over slump in sales 

The approximately 500 remaining active fur companies in western Macedonia are sending out a warning signal, as expectations for an end to the war in Ukraine have been completely dashed…

Greek shipowners lash out against green shipping

Prominent Greek shipowners levelled against the measures proposed by international organizations and the “bureaucracy” regarding green shipping  during the Maritime Cyprus 2025 Conference. More specifically, the Greek shipowners, George Prokopiou,…

Out-of-court mechanism: Debt settlements increased by 28% in September

Private debt settlements through the out-of-court mechanism are proceeding at a rapid pace, with the initiation of new applications reaching 6,513 in September and new submissions totaling 2,955. Monthly settlements…

The deal between Alpha Bank and AstroBank to be concluded

The conclusion of the acquisition of AstroBank by Alpha Bank is expected in the coming weeks and more specifically towards the end of October, banking sources told “N”. As AstroBank…

Wednesday, 08 October 2025

Skertsos: Greece’s positive performance in manufacturing

Minister of State Akis Skertsos, in a post on social media, referred to the positive performance of the Greek industry and manufacturing, which shows that Greece is “transforming into an…

JUMBO: 7.6% increase in sales – The problem of low birth rate in sales

Jumbo Group sales increased by 7.6% in the January-September period, maintaining a stable growth rate compared to the previous period, and confirming the resilience of the business model. In September,…

From 210% to 137% of GDP: How Greek debt is decreasing year by year

The time when Greece’s high public debt dominated the economic news around the world is over. However, it could become the first topic of discussion this time for the impressive…

Supermarkets: Meat and chocolate are the “champions” in price increases

Supermarket prices showed a slight decline in September compared to August, with a number of products, however, continuing their upward trend, burdening the household basket. According to the monthly survey…

Fourlis Group: Expansion of the Foot Locker network in Greece – Romania

The Fourlis Group is expanding the Foot Locker network in Greece and Romania, while launching new store concepts with new technologies and omnichannel services. The strategic development continues, as another…

Tuesday, 07 October 2025

Papoutsanis: Target turnover of 100 million euros in 2028

Papoutsanis is recording a double-digit growth rate and has set a target of 100 million euros in turnover in 2028, which will be achieved by developing all four pillars of…

PPA S.A.: Implementation of a New Scholarship Program for the academic year 2025-2026

The Piraeus Port Authority S.A. (PPA) announced the implementation of a new Scholarship Program for the academic year 2025-2026. This is an initiative that is part of the company’s corporate…

Supermarket turnover rally – Exceeded 9 billion euros in eight months

Consumption is rising in supermarkets, exceeding the 9.0- billion-euro threshold in the eight-month period. Among the highlights of the period under review is the trend of de-escalation of prices and…

Nebis: OTE turns into an AI native company

OTE is making Artificial Intelligence (AI) a key pillar of its strategy in order to become a leading digital provider in Europe, adopting it both for the operation of the…

Piraeus Marine Club announces collaboration with Nassau Club of Princeton

The Piraeus Marine Club, chaired by Paris Xanalatos, announced the start of a new mutual collaboration with the Nassau Club of Princeton in the United States. The historic Nassau Club,…

Ports are key factors in the green and digital transition

In a period of geopolitical turmoil and European changes, the new president of the Hellenic Ports Association (ELIME), Apostolos Kamarinakis, is drawing up a strategy with four axes: green transition,…

Aktor sees listing of subsidiaries on the Stock Exchange

Aktor Group’s chairman and CEO, Alexandros Exarchou, spoke about the prospect of an independent listing of two of the five new subsidiaries, most likely those of Concessions and Energy. During…

Monday, 06 October 2025

Christodoulides meets Kikilias; focus on shipping issues

The President of the Republic of Cyprus, Nikos Christodoulides, received on Monday the Minister of Maritime Affairs and Insular Policy of Greece, Vasilis Kikilias. During the meeting, Kikilias referred to…

Kikilias: Shipping, Shipbuilding, Energy are the 3 pillars of cooperation between Greece and the US

Greece has a unique advantage with three pillars: Shipping, shipyards and energy. This was the message sent by the Minister of Maritime Affairs and Insular Policy, Vasilis Kikilias, to the…

Greek citizens of the “Global Sumud Flotilla” will return to Greece on Monday on a special flight

A delegation from the Embassy of Greece in Tel Aviv, headed by the Ambassador of Greece to Israel, visited on Sunday, October 5, the detention center, where the 27 Greek…