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  1. Piraeus Port Authority lays out major development plans
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyFeatures

    Piraeus Port Authority (PPA) on Monday unveiled its ambitious 10-year investment plan, involving an estimated 500 million euros in investments. The plan, titled “Master Plan of the Port of Piraeus... and municipality. The envisioned developments involve a substantial redevelopment of the country’s main port

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  2. Newsletter 59 - 22/01/2016

    Newsletters

    offer submitted by Cosco, sole bidder for the sale of a 67 percent stake in Piraeus Port Authority (OLP... stake in Thessaloniki Port Authority (OLTH) in April. The budget execution for 2015 showed revenues... balances by 302 and 61 million, respectively. The breakdown showed the declining goods deficit stems from

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  3. Piraeus Port Authority announces profit increase for 2015
    Photo via www.olp.gr

    EconomyBanking

    The Piraeus Port Authority (PPA) has released its annual financial statement for 2015, showing post-tax profits of 23.8 percent. The port authority, which represents the largest seaport in Greece... repaid its social security obligations to the government to the tune of 14 million in 2015. The port

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  4. HRADF declares international consortium highest bidder for 67 pct stake in Thessaloniki Port
    Photo by Giannis Papanikos/Fosphotos

    Economy

    bidder for the acquisition of a 67 percent stake in Thessaloniki Port Authority (OLTH). This marks the second port privatisation in Greece after the acquisition of Piraeus Port Authority (OLP) by COSCO... Holdings International, the largest public port operator in China, which holds the remaining 49

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  5. Consumer confidence takes off in May as rest of sectors deliver mixed data
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s economic sentiment (ESI) recorded a minor drop of 0.6 points in May, falling to 108.1 points, after rising by 1.9 points in April, according to European Commission figures released on Tuesday. Sentiment has been improving in five of the last se...

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  6. Mitsotakis breaks the ice in Sochi but Russia's wariness remains
    Photo via www.primeminister.gr

    PoliticsGreek Politics

    or in his public statements, the Russian president did not even mention the use of the port... concern over the new defence agreement between Greece and the US, regarding the port of Alexandroupoli... to Brussels tomorrow to participate in the EU Foreign Affairs Council (FAC). The issue of sanctions

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  7. Football chairman's actions threaten to blow coalition off course again
    Photo by Giannis Papanikos/Fosphotos

    PoliticsGreek Politics

    intervention led to the game being called off by the referee, even though the match official later changed... percent stake in the Thessaloniki Port Authority (OLTH). His business dealings have stoked claims... also run into a number of problems. In December, privatisation fund HRADF had to put off the signing

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  8. Three investment groups table binding offers for Thessaloniki Port
    Photo by Harry van Versendaal

    Economy

    on Friday three binding offers for the acquisition of a 67 percent stake in Thessaloniki Port Authority... of container terminals. It is involved in 30 terminal concessions and port development projects in 20 countries... euros for the 67 percent stake in Piraeus Port Authority (OLP) corresponded to a premium of 70 percent

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  9. Reflections on Greece's balance of payments
    Photo via https://flic.kr/p/5Yb76K

    Agora

    with the rest of the world is the “net international investment position” or NII. It is not easy... percent of GDP. By 2022-Q2, this had grown to €-263 billion, or -133 percent of GDP. Because of continuous external deficits, Greece doubled its net liabilities, in percent of GDP, to the rest

    32%

  10. Mitsotakis sets off barrage of legislation to shake off introspection

    PoliticsGreek Politics

    With the opposition in disarray, Prime Minister Kyriakos Mitsotakis has fired off another round of reforms, hoping to regain forward momentum and put the internal scuffles in his own party behind him... opened between Kasselakis and the rest of the party. While the other candidates for the leadership did

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