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Greece

One Dead in Harbor Tug Sinking at Port of Patmos

On Friday, a small ship assist tug went down while working a midsize cruise ship at the island port of Patmos, Greece. At about 0640...

Greek August current account surplus shrinks despite jump in tourism revenue

Greece’s current account surplus shrank in August compared to the same month last year as imports rose to almost match exports while revenue from...

Piraeus Port posts all-time record in revenue & profitability

  Piraeus Port Authority (PPA) S.A. reported 29.3% turnover increase for the first half of 2022, amounting to 93.1 million euros compared to 72.0 million...

Greek economic rebound to slow next year as energy costs curb growth- draft budget

Greece’s economy is projected to grow at a slower pace next year after a strong rebound this year thanks to tourism, as soaring energy...

Greece to present proposal on EU gas price cap this week – energy minister

Greece will submit a technical proposal for a cap on natural gas prices to the European Commision later this week following consultations with other...

Greek September factory activity declines, output, new orders fall – PMI

Greek manufacturing activity shrank slightly in September after falls in production and new orders as higher selling prices dampened customer spending and demand, a...

Marlink strengthens its presence in Greece with the acquisition of Hellenic Radio Services

Marlink announced that it has completed the acquisition of the satellite communications business of Hellenic Radio Services (HRS). The acquisition enhances local service and...

Greece fines tug operators $4.4 million for anti-competitive practices

The Hellenic Competition Commission imposed fines of $4.4 million on six tugboat companies after a probe into alleged market collusion. The companies admitted to carrying...

Greece’s sole LNG terminal ramps up imports to replace Russian gas

Greece has cut Russian gas imports by more than half this year thanks to increased deliveries from other producers to its sole liquefied natural...

Greece’s Sole LNG Terminal Ramps Up Imports to Replace Russian Gas

Greece has cut Russian gas imports by more than half this year thanks to increased deliveries from other producers to its sole liquefied natural...
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