ENGLISH EDITION

ENGLISH EDITION

Greek FM submits strong demarche over seizure of Greek-flagged ships

Describing the incident, the Greek ministry said that an Iranian navy helicopter landed on the Greek-flagged ship 'Delta Poseidon' which was sailing in international waters 22 nautical miles off the coast of Iran.

28 Μάιος 2022 10:44

ENGLISH EDITION

Mitsotakis: Greece is ready ahead of summer wildfires season

The premier was informed of extensive preventive cleanups and removal of accumulated biomass fuel from sensitive forest ecosystems. He was also told of the significant increase of ground and air surveillance at high-risk areas, to prevent arson and provide timely fire alerts.

27 Μάιος 2022 08:50

ENGLISH EDITION

Greek budget deficit significantly down in Jan-April at 3.316 bln euros

The state budget recorded a primary deficit of 799 million euros in the four-month period, significantly down from budget target for a primary deficit of 2.453 billion and a deifict of 6.201 billion in the corresponding period in 2021.

26 Μάιος 2022 08:43

ENGLISH EDITION

Intralot's deal with Standard General, next steps in the U.S.

The debt extension achieved in August 2021 and the reduction of borrowing with the agreement of bondholders by 163 million euros gave the company the necessary time to plan for the next day.

25 Μάιος 2022 11:09

ENGLISH EDITION

Clouds of recession in Europe increase risks for economy, banks

There is already a significant slowdown in European economies. Southern European countries appear to be in a better position at the moment, mainly due to tourism. However, it won’t be long before the effects of the recession on the major European countries spread to the south.

24 Μάιος 2022 07:48

ENGLISH EDITION

Protecting intellectual property rights in health is still a crucial issue

In January 2020 we knew very little about COVID-19. Today, 10 vaccines are already available. This is α triumph of medical innovation and was made possible only by protecting intellectual property rights.

23 Μάιος 2022 08:18

ENGLISH EDITION

Greece plays key role for independence from Russian gas according to EU

In addition to the projects that are being implemented, the Environment and Energy Ministry last week issued a positive opinion on the construction of the EastMed pipeline.

22 Μάιος 2022 11:18

ENGLISH EDITION

Terna Energy: The deal with the Australians and the valuation crash test

Analysts estimate that, in the case of Terna Energy, the current market capitalization of 2 billion euros is a fair valuation, with the stock trading at 17.3 euros, for an installed capacity of 900MW.

20 Μάιος 2022 08:05

ENGLISH EDITION

Hercules plan risks derailment as real estate market hit

According to bank officials, June has an increased weight in business plans as the planned auctions for next month are three times more than the average of the first quarter.

18 Μάιος 2022 10:42

ENGLISH EDITION

EU Commission revises its forecasts for the Greek economy

The European Commission stressed that despite the better than expected result in 2021, fiscal risks remain significant. Greek FinMin Christos Staikouras welcomes EU Commission's spring forecasts report.

17 Μάιος 2022 08:20

ENGLISH EDITION

How Deutsche Telekom is raising its stake in OTE to majority for free

At the annual general meeting of OTE on May 25, a decision will be taken to delist an additional 5,617,282 shares it owns. This will result in the Germans' stake climbing to 49.85%, and being only about 1,436,186 shares far from controlling 50.01% of the company.

16 Μάιος 2022 07:42

ENGLISH EDITION

Greek banks to sell more NPLs this year at tail - end of deals

These transactions, along with some other smaller ones, will complete the consolidation of banks' loan portfolios, leading the entire banking system to a single-digit non-performing loan ratio, even below 5% for some banks. The ultimate goal of lenders is for NPEs to be close to 3%, which is the EU average.

13 Μάιος 2022 07:47