Finance

The weighted average interest rate for new deposits remained steady at 0.45%.

Wood & Co increases the price target for GEK ΤΕRΝΑ to €27 per share (from €18), implying a 48% upside from the current levels. As the brokerage firm points out, in 2024 GEK TERNA’s profitability profile became more “aggressive”, with the sale of TERNA ENERGY and the Group’s even more dynamic entry into concessions with […]

Emphasis was made that the Alter Ego Media group is “very well-positioned” with regards to the global trends that dominate the media industry and the new consumer habits that target digital/subscription services

The Union of Greek Shipowners urges the full inclusion of shipping in the EU's CID and calls for funding for alternative fuels to ensure the industry's competitiveness.

Under the agreement, PPC will serve as an official sponsor for the Turkish Airlines Euroleague and BKT EuroCup in Greece until 2027.

The government has given fast-track approval to strategic projects in Evia, the Peloponnese, and Western Greece.

Multinational investment bank Citigroup forecasts the rating of Greece will be raised by a notch within the next nine months from the top two credit rating agencies, S&P and Moody’s, which control 80% of the market. This would mean that S&P would assess Greece one level above “investment grade,” while Moody’s—currently the only one of […]

New rules aim to regulate the communication of promotions and discounts at Greece's supermarkets and by the broader retail sector.

Young generations are setting boundaries in workplace conditions in Greece, seeking jobs with prospects, decent wages, and a work-life balance – From the "Great Resignation" movement to new labor market dynamics.

The direct impact is expected to be small, but the potential indirect impact is more uncertain.

These new levies further tighten restrictions on U.S. agricultural exports, a critical sector that was already hit hard by Trump’s first-term trade war

“Tariffs will disrupt an incredibly successful trading relationship,” Canadian Prime Minister Justin Trudeau said in response

Inflation in Greece saw a slight decline in February, settling at 3%, down from 3.1% in January, according to data from the European Union’s statistical authority, EUROSTAT. In the eurozone, inflation stood at 2.4% in February, compared to 2.5% the previous month. Examining the main components of inflation in the eurozone, services recorded the highest […]

In the Athens office sector there are currently plans for new developments with a total area of more than 108,050 sqm

GEK Terna submitted the highest bid in an international tender last year for a sizeable portion of the BOAK tollway construction

Public Power Corp. (PPC), the dominant wholesale and retail electricity provider in Greece, on Friday announced a 60% discount on rates for March, stating that the utility is “fully absorbing” further hikes in wholesale prices and supporting its customer base. The sizeable discount affects the “green” rate package offered by the ATHEX-listed utility, which for […]

The initiative aims to tackle the nagging problem of undeclared or partially declared labor

Inflation in Greece will settle at 2.5% in 2025, and stand slightly over 2% in 2026, according to a projection by the Bank of Greece (BoG). The report estimates the cost of living will record an uptick to 2.5% in 2027. As per the BoG report, inflation in Greece measured by the Harmonized Index of Consumer […]

According to the report, business registrations across all economic sectors for the year 2024 reached 132,507, marking an 18.3% increase compared to 112,002 in 2023.

Maritime leaders urge EU to lead on methane abatement in shipping