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OT |

English Edition

Belgium’s PM to Resign on EP Election Losses
English Edition |

Belgium’s PM to Resign on EP Election Losses

Belgian Prime Minister Alexander De Croo said he will submit his resignation today to King Philippe, who has the power to reject it

Le Pen Party Victory Leads Macron To Call Snap Elex in France
English Edition |

Le Pen Party Victory Leads Macron To Call Snap Elex in France

Le Pen led nationalist and anti-migration National Rally is expected to come in first by a wide margin in Sunday's European Parliament election

Metron Analysis Poll: ND at 32%, SYRIZA 15.5% Ahead of EP Elex
English Edition |

Metron Analysis Poll: ND at 32%, SYRIZA 15.5% Ahead of EP Elex

Another seven political parties are forecast to elect MEPs in the next European Parliament

Foreign Analysts Give Votes of Confidence to Greek Banks
English Edition |

Foreign Analysts Give Votes of Confidence to Greek Banks

Axia, one of the foreign analysts, considers the dividend approval as a crucial step towards the normalization of Greek banks post the 2010-2015 crisis.

ELSTAT: Trade Balance Deficit in Greece Up by 35.6% in April
English Edition |

ELSTAT: Trade Balance Deficit in Greece Up by 35.6% in April

Export values reached 4.467 billion euros, up from 4.019 billion euros in April 2023, marking an 11.1% rise.

Greek GDP to Reach 2.1% in Q1 2024
English Edition |

Greek GDP to Reach 2.1% in Q1 2024

The available non-seasonally adjusted data indicate that in the 1st quarter of 2024 the Gross Domestic Product (GDP) in volume terms increased by 1.9% in comparison with the 1st quarter of 2023

Greek Employees to Work More with 6-Day Working Week
English Edition |

Greek Employees to Work More with 6-Day Working Week

German publication Handelsblatt says EU countries are moving in the opposite direction considering a 4-day working week

25 Years of Lidl Greece, €1.4 Billion Investments, Future Plans
English Edition |

25 Years of Lidl Greece, €1.4 Billion Investments, Future Plans

Transitioning from a modest selection of 900 generic products, Lidl now boasts 2,500 items, including branded goods, with a noteworthy 60% of its sales stemming from Greek suppliers.

ECB’s Interest Rate Cut: Relief for Businesses, Limited Impact on Mortgages
English Edition |

ECB’s Interest Rate Cut: Relief for Businesses, Limited Impact on Mortgages

In 2024, many businesses, especially small ones, were struggling with increased borrowing costs, making debt servicing a nightmare.

Greece Secures Seat on UN Security Council
English Edition |

Greece Secures Seat on UN Security Council

Greece secured a UN Security Council seat for 2025-2026 with 182 votes, joining Denmark, Panama, Somalia, and Pakistan.

ECB Approves 1st Dividend Payouts to Greek Banks, Cuts Rates by 25pts
English Edition |

ECB Approves 1st Dividend Payouts to Greek Banks, Cuts Rates by 25pts

Greek banks received ECB approval to resume dividend payments after 16 years and a painful debt crisis.

Capital Gas, Erma First & Babcock Collaborate On Carbon-Fit CCS System For The World’s Largest LCO2 Carriers
English Edition |

Capital Gas, Erma First & Babcock Collaborate On Carbon-Fit CCS System For The World’s Largest LCO2 Carriers

CAPITAL GAS, ERMA FIRST and BABCOCK signed a Letter of Intent (LoI) to install a pioneering Carbon Capture and Storage (CCS) system, CARBON FIT, on board four new liquefied carbon dioxide (LCO2) carriers

ABS and Liberian Registry Greenlight Next-Gen Ammonia Carrier Design by HD Hyundai and Capital Gas Integrated with Amogy’s Ammonia-Powered Technology
English Edition |

ABS and Liberian Registry Greenlight Next-Gen Ammonia Carrier Design by HD Hyundai and Capital Gas Integrated with Amogy’s Ammonia-Powered Technology

Amogy, ABS, the Liberian Registry, HHI, and Capital Gas joined forces to design a 93K CBM ammonia carrier

HD Hyundai Heavy Industries and Capital Gas Ship Management Secure LR Approval in Principle for 40,000 cbm LCO2 Carrier
English Edition |

HD Hyundai Heavy Industries and Capital Gas Ship Management Secure LR Approval in Principle for 40,000 cbm LCO2 Carrier

LCO2 carrier design part of JDP to further bolster the CO2 value chain with multi-gas storage

Greek Real Estate Study: Homebuyers Opt for Old Houses
English Edition |

Greek Real Estate Study: Homebuyers Opt for Old Houses

The real estate study revealed that Greeks in the market for a new house opt for affordable older units within their financial abilities

ELSTAT: Greek Unemployment Rises to 12.1% in Q1 of 2024
English Edition |

ELSTAT: Greek Unemployment Rises to 12.1% in Q1 of 2024

Unemployment rates are highest among women, young people up to 24 years old, residents of the Ionian Islands, and those with only a few years of primary education

National Bank of Greece: Greek Tourism Set to Break Record in 2024
English Edition |

National Bank of Greece: Greek Tourism Set to Break Record in 2024

Analysts at the National Bank of Greece (NGB) estimate that in 2024 Greek tourism could achieve new records, with arrivals reaching 35 million tourists

MyCoast App Helps Greek Authorities Clamp Down on Public Beach Violations
English Edition |

MyCoast App Helps Greek Authorities Clamp Down on Public Beach Violations

More than 1,900 reports of unauthorized sunbeds, umbrellas, and public beach encroachments have been filed through the myCoast app.

Greece: Supermarket Product Prices Decreased in May
English Edition |

Greece: Supermarket Product Prices Decreased in May

Notably, substantial price reductions were noted in butter and eggs, decreasing by 7.50%.

Greece Tops 2024 Global Business Complexity Index
English Edition |

Greece Tops 2024 Global Business Complexity Index

Greece has consistently been seen as complex, particularly in accounting and taxation, but procedures related to human resources and payroll have become even more complicated in 2024.

Greece: Supermarket Product Prices Decreased in May
English Edition |

Greece: Supermarket Product Prices Decreased in May

Notably, substantial price reductions were noted in butter and eggs, decreasing by 7.50%

Evangelos Marinakis: Positive Prospects for Shipping – We’re Betting on the Good Side
English Edition |

Evangelos Marinakis: Positive Prospects for Shipping – We’re Betting on the Good Side

Speaking at a TradeWinds panel discussion on the sidelines of the Posidonia 2024 exhibition, the founder and chairman of Capital Maritime & Trading Corp. said investment in CO2 carriers contributes to a healthier environment

IOBE: Economic Climate in Greece Improved in May
English Edition |

IOBE: Economic Climate in Greece Improved in May

In terms of Consumer Confidence, households showcased an increase in pessimistic predictions concerning the country's economic climate, while forecasts for their own economic prospects remained stable

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