UBS cautions that in the short term, the sector appears vulnerable to risk-off sentiment if broader geopolitical or financial issues emerge
The ferry operator has announced that it will make alternative arrangements to transport all passengers to their intended destinations
During the police check, it was confirmed that the driver was intoxicated. Shocking to many was the discovery that his 6-year-old son was in the vehicle at the time of the incident
Over 1,500 migrants have arrived in Crete in recent days, overwhelming local infrastructure and prompting emergency transfers to mainland Greece amid a dramatic rise in migration
The total damage currently under investigation is approximately €700 million: more than €250 million in unpaid customs duties, which directly impact the EU budget, and almost €450 million in unpaid VAT, affecting both EU and national revenues
The full extent of the financial damage caused by the network has not yet been disclosed, but officials suggest it may reach tens of millions of euros in lost revenue for both Greece and the European Union
Piraeus Bank raised €500 million from its foray into the markets on Tuesday via the issuance of its third green bond, with investors showing overwhelming interest. Demand reached €3.75 billion—more than 7.5 times the initial offering—highlighting strong investor confidence. As a result of this significant oversubscription, the bond’s yield was set at 115 basis points […]
The Cosco-managed and majority-controlled PPA reported 230.9 million euros in revenues for the year
Piraeus Port Authority (OLP) posted a 23% increase in profits and a 14.6% rise in revenue for the first quarter of 2025, signaling steady growth despite ongoing challenges, according to the company’s announcement. As the announcement points out, the company has continued its upward trajectory from previous quarters, maintaining strong performance amid a difficult operating […]
Authorities are ramping up measures to ensure smooth operations, including the permanent stationing of 50 additional coast guard officers in Piraeus.
Docking in Piraeus after a four-month deployment in the Indo-Pacific region, the admiral of the aircraft carrier the Charles de Gaulle says, "Greece is our best partner in the Mediterranean."
In anticipation of Easter, the Piraeus Chamber of Commerce has announced the proposed holiday hours for retail stores, running from Thursday, April 10 to Holy Saturday, April 19, 2025
As political pundits and commentators are trying to analyze the possible negative impact of U.S. President Donald Trump’s tariffs on sectors of the global economy, the Piraeus Chamber of Commerce expressed serious concern over the potential consequences of these measures on European products. The tariffs, aimed at reducing the U.S. trade deficit, are expected to […]
The development will feature 408 fully furnished apartments ranging from 44 to 69 square meters, including open-plan studios and one- or two-bedroom apartments.
Piraeus honors Greek Independence Day through a powerful maritime tribute- which is now an annual tradition.
The legendary 'Missouri' was an Olympiacos legend, and his style of play became a buzzword for courge and self-sacrifice
With a one-day delay, Moody’s upgraded Alpha Bank and Piraeus Bank, following the recent upgrade of the Greek economy. The credit rating agency had already upgraded the other two systemic banks, National Bank of Greece and Eurobank, as well as Attica Bank, the previous night. Specifically, Moody’s raised the credit ratings of Alpha Bank and […]
From Piraeus' sand lots to glory in the stadiums, Achilleas Grammatikopoulos lived and became part of Olympiacos' history. The goalkeeper turned symbol who dedicated an entire century to his great love: the jersey with the laurel-crowned youth
Piraeus Financial Holdings S.A. announces that it has agreed to buy 90% of the Greek insurance company from CVC Partners Fund VII for €600mln.
A co-founder, one of the two men who proposed the team's full name and the first president of Olympiacos: Industrialist and one-time Piraeus Mayor Michalis Manouskos - a significant leader with contributions in numerous fields