Looking at the broader picture, the average index for the period from January to April 2024 showed a solid 5.3% rise compared to the same period in 2023.

However, the consumer price Index (CPI) in May 2024 compared with May 2023, increased by 2.4%. In May 2023, the annual rate of change of the CPI was 2.8%.

Greece serves as a prime example, having lost a quarter of its GDP during the crisis but regaining its investment grade last year. Conversely, France was downgraded by S&P Global Ratings recently.

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.

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

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

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

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.

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

The $800m order for six LNG dual-fuel VLCCs marks a significant milestone for Evangelos Marinakis’ Capital and the shipbuilding group CSSC, as the two sides combine efforts for decarbonization in the shipping industry

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.

Announced today at Posidonia 2024, the American Bureau of Shipping (ABS) and the Liberian Registry are both granting approval in principle (AiP) to HD Hyundai Heavy Industries (HHI) and Capital Gas Ship Management (Capital Gas) for a very large ammonia carrier (VLAC) design. This innovative vessel design features the integration of Amogy’s carbon-free ammonia-to-electrical power […]

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

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

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

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.

Meanwhile, in Spain, which significantly influences the final price, the country has the potential to produce over 2 million tons in a year of overproduction due to its extensive olive tree population.

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

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.

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