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OT |

English Edition

SBCC: The Key to Decarbonizing the Maritime Industry?
English Edition |

SBCC: The Key to Decarbonizing the Maritime Industry?

The maritime sector's carbon emissions will increase 250% between 2008 and 2050 if no significant action is taken -International Renewable Energy Agency

IPTO CEO: Great Sea Interconnector At Risk Over Cypriot Decision
English Edition |

IPTO CEO: Great Sea Interconnector At Risk Over Cypriot Decision

The head of Greece’s Independent Power Transmission Operator said a decision by Cyprus’ Energy Regulatory Authority makes the project non-viable

Six-Day Workweek in Greece – 4-Day Workweek in the Rest of the World
English Edition |

Six-Day Workweek in Greece – 4-Day Workweek in the Rest of the World

Paradoxically, as the EU’s statistical authority, Eurostat indicates Greeks are among those who work longer hours compared to other EU member states.

Dutch Court Sentences “Shipowner” Giannis Karageorgis to 30 Months in Prison for Fraud
English Edition |

Dutch Court Sentences “Shipowner” Giannis Karageorgis to 30 Months in Prison for Fraud

Dutch authorities accused Karageorgis of fraud and fraudulent bankruptcy. In the Dutch judicial system, the charges cannot be converted into monetary fines in lieu of prison time, meaning Karageorgis will have to serve out his sentence.

Goldman Sachs Revises EBITDA Estimates for Greek Refineries
English Edition |

Goldman Sachs Revises EBITDA Estimates for Greek Refineries

The investment banking company lowered its projections for the net profits of the Greek refineries due to the recent imposition of a landfall tax on profits by the Greek government.

Evangelos Marinakis was honored with a doctorate at Massachusetts Maritime Academy for his long contribution to the shipping industry
English Edition |

Evangelos Marinakis was honored with a doctorate at Massachusetts Maritime Academy for his long contribution to the shipping industry

The renowned US-based Massachusetts Maritime Academy conferred the degree of Doctor of Business Administration to Evangelos Marinakis

Summer Sales Kick Off on July 8 in Greece
English Edition |

Summer Sales Kick Off on July 8 in Greece

If there are different discount percentages for various categories of products, the range must be stated.

Greek Company Launches 4-Day Workweek Trial
English Edition |

Greek Company Launches 4-Day Workweek Trial

Meanwhile, Speakit emerges as Greece's first company to adopt the four-day workweek.

Eurostat: Inflation in Greece at 2.4% in June
English Edition |

Eurostat: Inflation in Greece at 2.4% in June

Core inflation, which excludes the calculation of volatile fuel and unprocessed food prices, also slightly declined to 2.8% annually from 2.9% a month earlier

Property Market Surge: Piraeus Leads Nationwide Price Increases in Q2 2024
English Edition |

Property Market Surge: Piraeus Leads Nationwide Price Increases in Q2 2024

In central Athens, property sale prices rose by 12.4% to 2,120 euros per square meter, according to the platform's index based on listings.

Norwegian Travelers’ Top Picks in Greece for 2024
English Edition |

Norwegian Travelers’ Top Picks in Greece for 2024

The focus shifts to lesser-known, high-quality destinations that could become favorites among Norwegian tourists.

Greek Housing Prices Soar Amid Short Supply, High Demand
English Edition |

Greek Housing Prices Soar Amid Short Supply, High Demand

According to the Bank of Greece (BoG) indices, average housing prices nationwide have increased by 66.4%, now just 4.1% below the peak recorded in 2008

Evangelos Marinakis on Shipping, the Environment, Technology and Football
English Edition |

Evangelos Marinakis on Shipping, the Environment, Technology and Football

During Marine Money Week in New York, Evangelos Marinakis talked about shipping, protecting the environment and passion for football

Greece in Top 3 Cruise Travel Destinations in the Mediterranean
English Edition |

Greece in Top 3 Cruise Travel Destinations in the Mediterranean

Regarding the nationality of visitors, the United States holds first place

Santorini: Overcrowding due to Infrastructure Fails not Overtourism
English Edition |

Santorini: Overcrowding due to Infrastructure Fails not Overtourism

Santorini Hoteliers Association President Antonis Pagonis told British media that, "we, as hoteliers of a welcoming island, say yes to any form of tourist activity, but obviously with limits."

Olive Oil Prices Rise, Sales Drop across the Globe
English Edition |

Olive Oil Prices Rise, Sales Drop across the Globe

Greece, of the leading olive oil producers, harvested 120,000 metric tons of olives in 2023, less than half of the previous crop

Deadline Extension for Declarations of Unkempt Land Plots
English Edition |

Deadline Extension for Declarations of Unkempt Land Plots

Over 189,500 declarations have been submitted in the last 4 days, according to a statement released by the Ministry

GREGY’ Project Takes Center Stage at EU-Egypt Investment Conf.
English Edition |

GREGY’ Project Takes Center Stage at EU-Egypt Investment Conf.

The GREGY project aims to bring an underwater cable from Egypt to Greece to transport electricity generated in Egypt, through renewable sources, to Europe

Morningstar DBRS Upgrades Greek GDP for 2024 to 1.6%
English Edition |

Morningstar DBRS Upgrades Greek GDP for 2024 to 1.6%

The Canada-based credit rating agency, however, lowered its GDP prediction to 2.2% for 2025

Gek Terna CEO: 3bln€ Deal With Masdar Will Boost Group
English Edition |

Gek Terna CEO: 3bln€ Deal With Masdar Will Boost Group

“We are preparing for new projects both in Greece and abroad" he added

Greece Expands List of Protected ‘Unspoiled Beaches’ to 238
English Edition |

Greece Expands List of Protected ‘Unspoiled Beaches’ to 238

Adjustments were also made to ensure existing citizen rights, such as those of adjacent businesses, were not affected

Report: 80% Greek Businesses Prioritize Digital Transformation
English Edition |

Report: 80% Greek Businesses Prioritize Digital Transformation

The survey included 240 representatives from businesses across 15 sectors of the Greek market.

Eurostat: Greeks Least Satisfied in EU with Amount of Free Time
English Edition |

Eurostat: Greeks Least Satisfied in EU with Amount of Free Time

The 2022 Eurostat data also reveals that satisfaction with free time is inversely related with having children at home and higher education levels

Airbnb Beds in Greece Near 1 Million
English Edition |

Airbnb Beds in Greece Near 1 Million

Short-term rentals in Greece have increased between 10-12%, each month since the start of 2024, while occupancy rates remain stable

Greek Passport Ranked 6th Globally for Visa-Free Travel Access
English Edition |

Greek Passport Ranked 6th Globally for Visa-Free Travel Access

According to the annual Henley Passport Index, the Greek passport enables visa-free travel to 190 countries

BoG: Greece’s Property Prices Soared 66.4% in Last 7 Years
English Edition |

BoG: Greece’s Property Prices Soared 66.4% in Last 7 Years

Prices are expected to continue to grow in 2024, despite the fact that they far outweigh Greeks' increases in income

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