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Monday, 02 November 2026

Piraeus among COSCO’s top ports as container throughput rises 11.4%

Piraeus Container Terminal PCT) recorded an 11.4% increase in container throughput at Piers II and III in the third quarter of 2026, with COSCO Shipping Ports attributing the performance to…

Dr Tsakos: ‘We are sailing in uncharted, stormy waters and must keep a steady hand on the helm’

We are sailing in uncharted, stormy waters and must keep a steady hand on the helm,” Dr Nikolas Tsakos, founder and chief executive of Tsakos Energy Navigation (TEN), said at…

METLEN and Shell sign 5-year LNG supply deal, securing six cargoes annually

METLEN and Shell Global LNG Limited have signed a binding liquefied natural gas (LNG) supply agreement, securing the delivery of six LNG cargoes annually over a five-year period, starting in…

Concessions emerge as a key profit driver for construction groups

In Greece, concessions already account for the largest share of operating profitability at GEK Terna Group, while Aktor, Avax and Metka are expanding their presence in the sector. The trend…

N Treasures of Greek Tourism 2026: Divine Greece

Greece has the resources to provide more than just amazing vacations; it can provide experiences that link the location, its culture, its flavours, and its people, forging a unique connection…

Star Bulk: Geopolitical challenges in focus

The challenges facing global shipping amid geopolitical turmoil and technological change dominated the Global Maritime Forum’s annual summit in Shanghai, which was attended by Star Bulk. The company’s Chief Strategy…

DryDel: Investment drives competitiveness

DryDel Shipping’s strategy for renewing its fleet and strengthening its competitiveness was outlined by the company’s chief executive, Costas Delaportas, at the TradeWinds Shipowners Forum Japan 2026 in Tokyo. Speaking…

OTE announces improved figures despite competition

OTE Chairman and Chief Executive Kostas Nebis acknowledged pressure on retail prices from PPC’s entry into the fibre-to-the-home (FTTH) market and Starlink’s satellite broadband services, speaking to analysts. Discussing the…

Coffee Island: Revenue rises but profits fall in 2025; management dismisses sale rumours

Coffee Island’s management sent a message of stability, making clear that the company is not for sale amid recent legal developments involving its founder and principal shareholder, Vangelis Liolios. The…

PPC advances major projects to drive Western Macedonia’s economic transformation

Public Power Corporation (PPC)’s strategic plan for Western Macedonia is now in full development, with major projects aimed at transforming the region’s productive base — including a mega data centre…

PCCI meets Chinese state investment giant to explore value-added investments in Greece

A working meeting aimed at establishing a permanent channel for business cooperation and strengthening bilateral economic ties was recently held at the Piraeus Chamber of Commerce and Industry (PCCI) with…

Saturday, 31 October 2026

A changing climate calls for a new investment mindset

The growing impact of climate change is increasingly shaping everyday life across Europe. Heatwaves, droughts and wildfires are putting pressure on communities, businesses and nature. As was more painfully visible…

Friday, 30 October 2026

‘THEMISTOCLES’: The fourth FDI, but the first to be built to the Standard 2++ configuration

Naftemporiki is in France for the FDI frigate “THEMISTOCLES”, the fourth and final Belharra-class vessel for the Hellenic Navy. Although the ship is still under construction, it is of particular…

International interest in Hellenic Defence Systems’ Aigio plant

The international tender launched by Hellenic Defence Systems (EAS) for its industrial facilities in Aigio has entered a new phase, following the submission of expressions of interest. According to the…

Greece’s OTE posts 3.1% rise in Q3 Adjusted EBITDA (AL)

OTE announced that underlying revenue growth continued, up 5% excluding the zero-margin international wholesale rundown. Mobile service revenues maintained their solid momentum, rising by 2.0% in the quarter, with strong…

Metka gears up for Euronext Athens listing

Metka, part of the Metlen Group, is preparing for its listing on Euronext Athens as it transforms into a construction, concessions and facilities management group, while expanding into real estate…

Eldorado Gold posts $118m net profit; Skouries and McIlvenna Bay advance towards commercial production

Eldorado Gold’s management is focusing on its Skouries and McIlvenna Bay projects as both advance towards commercial production. Commenting on the company’s third-quarter 2026 financial results, President and CEO Christian…

THEON completes acquisition of France’s MERIO, strengthening international defence market presence

THEON International is further strengthening its presence in the international defence market following the completion of its acquisition of an 80% stake in French company MERIO. MERIO’s management team and…

Korres returns to profitability in 2025; boosts sales in Greece and Europe

Korres returned to profitability in 2025, according to the company’s financial results. In addition to posting a positive net result, the Greek natural cosmetics company increased sales in both the…

Moody’s revises Danaos outlook to positive from stable

Moody’s has revised the outlook on Danaos Corp’s Corporate Family Rating (CFR) to positive from stable. The company’s rating remains at Ba1, while Moody’s has upgraded its rating on Danaos’…

Moody’s revises Danaos outlook to positive from stable

Moody’s has revised the outlook on Danaos Corp’s Corporate Family Rating (CFR) to positive from stable. The company’s rating remains at Ba1, while Moody’s has upgraded its rating on Danaos’…

Pierrakakis: Lagarde has strengthened confidence in the European single currency

Eurogroup President Kyriakos Pierrakakis thanked Christine Lagarde for her contribution to eurozone stability during her tenure as president of the European Central Bank (ECB), in a social media post. Specifically,…

Greek supermarket market enters a phase of transformation

Greece’s organised food retail market remained resilient, reaching €16 billion in 2025, up from €12 billion in 2020, representing a compound annual growth rate (CAGR) of around 6%, according to…

Costamare reports revenue of over $614m and net profit of $241.2m in 9-month

Costamare Inc., owned by Kostis Konstantakopoulos, recorded revenue of more than $614 million and net profit of $241.2 million attributable to common shareholders in the first nine months of 2026,…

Thursday, 29 October 2026

Greek-owned containership sinks off Bulgaria after attack by three sea drones

The Greek-managed containership Contship Jet has sunk off the Bulgarian coast after being attacked on Wednesday by three unmanned surface vessels, or sea drones. The vessel, managed by Contships Management,…

Papastavrou: Flexibility under escape clause needed to cut energy costs

Environment and Energy Minister Stavros Papastavrou on Thursday stressed the need to make use of the flexibility offered by the escape clause to introduce targeted, temporary measures without delay to…

Home renovation: Applications for vacant properties open; grants of up to €38,500

Online applications for funding under the “Home Renovation” scheme, part of the 2021–2027 NSRF programme, open on Thursday, 29 October 2026, initially for vacant properties. The scheme has a total…

Eurobank completes acquisition of Eurolife Life Insurance

Eurobank announced that it has completed the acquisition of an 80% stake in Eurolife FFH from entities controlled by Fairfax Financial Holdings Limited, after the required regulatory approvals and fulfilment…

PCT focuses on green transition and port sustainability

PCT (Piraeus Container Terminal) highlighted the importance of cooperation in driving the green transition of shipping and strengthening the resilience of port infrastructure at the European Sustainable Industry Summit 2026,…

REIC property investments reach €5.3 billion

The value of property investments held by Greece’s eight real estate investment companies (REICs) stood at €5.3 billion at the end of June, up 2.22% from the end of 2025,…

Greek real estate attracts growing Turkish investment

Turkish investment in Greece recorded a sharp increase in 2025, according to the latest Annual Report 2025 by the Greek Office of Economic and Commercial Affairs in Ankara. Real estate…

Greece’s gambling market maintains positive momentum

Greece’s gambling market continued to grow in the first eight months of 2026, extending the positive trend seen in previous months. Online gambling recorded particularly strong growth, taking the lead…
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