S&P Global issues warning of more capital controls in Turkey

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09.06.2022

There is a rising risk that Turkey brings in additional capital controls if the pressure on its currency and financial markets continues to intensify, credit rating firm S&P Global said on Wednesday.

Air Transat launches direct flights from Canada to Athens

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09.06.2022

Montreal and Toronto airports will be connected to Athens by Air Transat from May to October.

The World Bank slowdown in the global economy has been magnified

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08.06.2022

Compounding the damage from the COVID-19 pandemic, the Russian invasion of Ukraine has magnified the slowdown in the global economy, which is entering what could become a protracted period of feeble growth and elevated inflation, according to the World Bank’s latest Global Economic Prospects report.

Insurance certificates' issuance for RE property transactions turns digital

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08.06.2022

Full digitization of the debt issuance process and the issuance of an electronic certificate (no debt or debt certificate with the identity of the debt) is being steadily completed with an amendment of the Ministry of Labor to the bill of the Ministry of Interior "Targeting, evaluation and reward system strengthening the efficiency of the public administration and other provisions for the human resources of the public sector ".

GEK TERNA Group inks operating license of the Casino Company in the Ellinikon

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08.06.2022

“The Concession Agreement is part of a network of important legislative interventions, but also maturation actions, undertaken by the Ministry of Finance from July 2019 until today, in the direction of starting and implementing the investment in Ellinikon.”

PRODEA unveils €150M investments within 2022

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08.06.2022

"Green light" for the increase of the company's share capital up to an amount not exceeding three times the amount paid on the date of the authorization with the issuance of new, common, registered voting shares was given by Prodea shareholders at the Ordinary General Meeting that was held on June 7.

Social housing policies the path to handle the Greek demographic problem

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08.06.2022

The demographic issue is a national, existential problem, one which demands giving up narrow party political outlooks and that all social forces in the country come together behind a common goal, Prime Minister Kyriakos Mitsotakis said on Wednesday at the conference "Demographic 2022 - The Great Challenge" organised by Next is Now and Dome Consulting at the Grande Bretagne Hotel in Athens.

OECD: Greek economic growth is expected at 2,8% in 2022 and 2,5% in 2023

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08.06.2022

Surging global prices, heightened uncertainty and tightening monetary conditions will be partly offset by disbursements of Greece’s recovery and resilience plan, fiscal support to households and firms, and rising exports and investment.

Aurea Technologies launches portable wind turbine

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08.06.2022

Roughly the size of a one-liter water bottle and weighing three pounds, Shine is a portable wind turbine capable of charging devices or storing energy for campers.

Cbus Super acquires stake in Australian wind park

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07.06.2022

Cbus Super, Australia’s building and construction industry superannuation fund, has acquired a 10% interest in Star of the South, the country’s most advanced offshore wind project, after investing into Copenhagen Infrastructure IV (CI IV), the majority owner of the project and the flagship fund of the Danish Copenhagen Infrastructure Partners (CIP).

Camden Market is up for sale for £1,5B

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07.06.2022

The sprawling London estate of Camden Market has been put up for sale by its owner, Israeli gambling software tycoon, Teddy Sagi, through LabTech, one of his investment vehicles.

Expenditures realted to green economy will be tax deductible

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07.06.2022

Expenditures related to green economy, energy and digitization at the time of their realization are deducted from the gross income of small and medium enterprises, increased by 100%.

MYTILINEOS inks 10-year renewable energy PPA with Enel Generación Chile

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07.06.2022

MYTILINEOS S.A. through its Renewables & Storage Development (RSD) Business Unit has signed a solar power purchase agreement (PPA) with Enel Generación Chile S.A.

What's new in the recently adopted new climate law

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07.06.2022

According to the new climate law (4936/2022 FEK 105 / Α / 27-5 -2022), changes have been adopted in the Energy Efficiency calculation of Buildings and the installation of electricity production systems from photovoltaic to thermal solar systems in particular buildings will be mandatory in the context of the new permits that will be submitted from the new year.

POMIDA: More propertys owners have filled appeals against increased property taxes

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03.06.2022

"Property owners across the country -who are facing multiple and unfair charges of the new ENFIA 2022- have been protesting constantly in view of the expiration on June 10, of the deadline for submission to the Tax Authorities "Appeals" against the acts of its Administrative Determination ", the Panhellenic Federation of Property Owners (POMIDA) stated in an official announcement.