ENGLISH EDITION

ENGLISH EDITION

FM Dendias sends letter to Borrell about Turkish fishing boats

In the letter sent on Tuesday Foreign Minister Nikos Dendias referred to an incident on January 5, in which a Greek coast guard vessel was harassed by a Turkish patrol boat.

12 Ιαν 2023 10:36

ENGLISH EDITION

Finance Minister Christos Staikouras met with OECD secretary general Cormann

Staikouras also referred to the significant reduction in unemployment, the improvement of fiscal figures, the qualitative upgrade of the development model, and the significant progress in restoring the stability of the Greek banking system.

11 Ιαν 2023 11:42

ENGLISH EDITION

For the maritime industry, becalmed markets no more!

Looking into 2023, one has to be very cognizant of geo-political and macro- events. While supply and demand will be crucial as always, “external” events are likely to drive the market the most in the coming year. By Basil M Karatzas*.

04 Ιαν 2023 07:37

ENGLISH EDITION

Best use of recovery funds key for Greece to achieving investment grade

Greece is starting off 2023 on more favorable terms compared to other European countries, since it has shown high resilience, a positive course, and favorable prospects, Staikouras said, as is evident from basic indexes.

02 Ιαν 2023 21:14

ENGLISH EDITION

Private sector deposits down in November

The central bank, in a monthly report, said that in November 2022, the monthly net flow of total deposits was negative by 694 million, compared with a negative net flow of 872 million in October 2022.

30 Δεκ 2022 21:45

ENGLISH EDITION

Raise 7.75% in main pension signed into law, effective as of 1/1/2023

The 7.75% raise in basic monthly paychecks will affect 1,724,713 pensioners. Of these, 80%-85% will see an exact raise of 7.75%, while the majority of the rest will see paychecks higher by 7%, depending on individual pension calculations.

29 Δεκ 2022 21:45

ENGLISH EDITION

Greek state budget records lower-than-expected deficit in Jan-Nov

The primary result showed a deficit of 1.091 billion euros, down from a budget target for a deficit of 2.239 billion and a primary shortfall of 7.882 billion in 2021.

28 Δεκ 2022 21:45

ENGLISH EDITION

Venture Capital for 'new generation' digital technology fintech solutions

It is a hybrid corporate Venture Capital that will create the Athens Stock Εxchange which will focus on the integration of the 'next generation' digital solution fintech to the Stock Exchange environment that will resolve problems of the listed companies.

27 Δεκ 2022 22:16

ENGLISH EDITION

Subsidy for electricity to nearly double in January to 840 million euros

The amount of the subsidy is January starts at 0.33 euros per KW hour for monthly consumption of up to 500 KW hours, irrespective of income, covering nine in 10 households and 87 pct of the hike in prices.

23 Δεκ 2022 22:16

ENGLISH EDITION

Αgreement for a new gas-fired power plant in Alexandroupolis

Construction of the new 840 MW gas-fuelled power plant will begin in the first quarter of 2023 and finish in 2025 according to the agreement of Public Power Corporation (PPC) S.A, DEPA Commercial and Damco Energy.

22 Δεκ 2022 21:45

ENGLISH EDITION

"Green light" from the Ministry of Finance to the HFSF for the sale of bank shares

The Fund has secured the agreement of the Ministry for the implementation of the divestment strategy from the banks. Competitive procedures will start in January. There is strong investor interest.

21 Δεκ 2022 10:00

ENGLISH EDITION

Greek banks' joint proposal on subsidizing low-income borrowers

The support plan they proposed for vulnerable households was reviewed by the European Central Bank's (ECB) Single Supervisory Mechanism (SSM). The plan is expected to benefit a total of 30,000 beneficiaries. 

16 Δεκ 2022 21:14