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Friday, May 20, 2022

CATEGORY

Business

Acceleration of hydrocarbon exploration – Target for first drilling in 2025

The government will announce initiatives to accelerate gas exploration in the Ionian Sea and in Crete. The aim is to make use of the...

Floating LNG storage unit in Revythoussa feasible and useful say DESFA sources to ANA

The addition of a floating LNG storage unit at the Revythoussa terminal station is both feasible and useful for ensuring security in the natural...

Delphi Economic Forum to be held at Delphi premises April 6-9

The Delphi Economic Forum (April 6-9) will return to its premises at Delphi, in central Greece, following two years of fully online or hybrid...

ECB could decide a small increase in its interest rate this year, BoG governor says

Greek central banker Yannis Stournaras on Wednesday said there was a possibility that the European Central Bank might raise its base interest rate slightly...

Skylakakis: War in Ukraine will cost Greece at least 1 percentage point of GDP

The war in Ukraine will cost the Greek economy 1 percentage point of growth at the very least, Alternate Finance Minister Theodoros Skylakakis predicted...

Export credit insurance bill passes first reading; support voiced by major business associations

A draft bill turning the Organization of Export Credit Insurance (OAEP) into a societe anonyme was approved by majority vote in principle, at the...

Greece wants to regain investment grade status in 2023, FinMin Staikouras tells ANA-MPA

Greece wants to regain investment grade status in 2023, Finance Minister Christos Staikouras told Athens-Macedonian News Agency (ANA-MPA) on Saturday. The final consultations begin next...

Old shipwreck near Cape Sounion identified as the Italian ship ‘Taormina’

A shipwreck that has languished in the waters off Cape Sounion since 1891 has finally been identified as the Italian freighter "Taormina", fully 130...

GREECE – Fourlis Group sales up by 18.7% in 2021

Fourlis Group realized sales of 439,8 million euros in 2021 over 370,6 in 2020, a rise of 18.7%, the company said. E-commerce sales for...

Greek investments min. discusses collaboration with Alibaba executive

Greece's pro-investments environment and opportunities for potential collaborations were discussed by Development & Investments Minister Adonis Georgiadis and Alibaba Group's Director International of Government...

PM Mitsotakis: Majority of excess profit for energy companies to be taxed

"It is almost a month since the illegal Russian invasion of Ukraine that drastically tranforms the geopolitical state of play, violates legality and...

Patelis optimistic over the course of the Greek financial system

The head of the prime minister's financial office, Alexis Patelis, expressed his optimism regarding the course of the Greek financial system, noting that "in...

Ukrainian crisis will not derail Greece’s economy, FinMin Staikouras says

Finance Minister Christos Staikouras, in his speech at the conference "Banking Summit: Paving the way for growth" on Tuesday, offered his opinion that the...

Staikouras: DBRS Morningstar’s upgrade of Greece’s rating is ‘extremely positive’

The decision by the rating agency DBRS Morningstar to upgrade Greece's credit rating to BB (high) from BB was an "extremely positive development," according...

Staikouras: Government holding resources in reserve for the future

The government is holding on to resource reserves for possible future use, given the high level of uncertainty at present, Finance Minister Christos Staikouras...

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