ENGLISH EDITION

ENGLISH EDITION

Shades of optimism reach tourism sector

Despite the hold up at the European level, the Greek government appears determined to implement Plan B through transnational agreements to make use of progress on vaccinations to boost tourism. According to Finance Ministry officials, the consequences of freezing tourism revenues in 2021 at very low levels would be catastrophic for the economy.

26 Φεβ 2021 07:48

ENGLISH EDITION

Greek traders complain of "toughest lockdown measures in Europe"

"4 out of 10 companies have zero cash levels and are facing the possibility of shutting down. We have reached our limits," said the president of GSEVEE, George Kavvathas.

25 Φεβ 2021 07:48

ENGLISH EDITION

No solution on power for industrial sector

Industrial firms reject the changes proposed by PPC in relation to the abolition of the special price for the night tariff - a measure weighing particularly hard on steel and cement companies.

23 Φεβ 2021 15:39

ENGLISH EDITION

Terna Energy's 3 scenarios in Texas

If we take the worst-case scenario for Terna Energy, the rejection of force majeure, then it is certain that it will hand over the keys of the SPV, abandoning this investment in Texas.

22 Φεβ 2021 14:36

ENGLISH EDITION

New bank plans for large securitizations under Hercules II

According to Business Daily, the new plan developed by the management of Piraeus Bank, in collaboration with specialized consultants, has received the green light from certified public accountants

20 Φεβ 2021 09:29

ENGLISH EDITION

Strong interest expected for Crete's first casino

The plan that is being promoted includes the construction of two luxury hotels and about 80 holiday homes, as well as other tourist facilities, such as a hotel marina.

19 Φεβ 2021 07:49

ENGLISH EDITION

How PPC is unlocking wealth of unpaid charges

By analyzing in depth the profile of debtors (when they stopped paying, how often they paid in the past, etc.) and details concerning the size and value of their property, PPC and Qualco categorized debtors into more than 50 groups, offering to each category specific solutions and strategies for debt repayment.

18 Φεβ 2021 07:44

ENGLISH EDITION

Spain's Puig restructures, eyes revenues of 3 bln euros

The pandemic has clearly affected the Spanish group’s business, with sales estimated to slightly exceed 2 billion euros this year, after declining by almost 25 percent in 2020 to 1.5 billion euros. In 2019, Puig's turnover hit 2 billion euros, reaching a record high, while profit after tax amounted to 226 million euros.

17 Φεβ 2021 07:44

ENGLISH EDITION

Competition watchdog sends letters to 30 construction companies

Not only is data requested for revenues, profit margins (on each project!) but also on contracts for research agreements, etc. The construction companies are also being asked their opinion about changes to the law on public procurement provided for in a bill prepared by the Ministry of Development.

15 Φεβ 2021 17:45

ENGLISH EDITION

Energy battle rages as govt looks on

According to the data so far, such a mechanism should be created in a way that will be transparent and fully compatible with the requirements of the EU, and could be put into operation by 2022. The broader objective of the ministry is for electricity prices for industry, and other productive sectors, to reach levels seen in other corresponding European markets.

13 Φεβ 2021 09:46

ENGLISH EDITION

Korres targets Millenials in US push

For 2021, the company has already launched a marketing campaign specifically for the Gen-Z generation, on Instagram, TikTok and YouTube, while leveraging recognized influencers.

11 Φεβ 2021 15:12

ENGLISH EDITION

Steps taken on sewerage projects after pressure from Brussels

The announcement of another tender, amounting to 110 million euros, for the construction of the Wastewater Treatment Center (KEL) and the Underwater Disposal Pipeline of the Rafina-Pikermi and Spata-Artemis municipalities is also days away.

11 Φεβ 2021 09:17