Domestic natural gas consumption up by 28.61% in Q1 2025

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10.04.2025

According to DESFA’s data for the first quarter of 2025, domestic natural gas consumption recorded a significant increase compared to the same period last year, once again highlighting the pivotal role of natural gas in the country’s energy transition. It facilitates the secure integration of renewable energy sources (RES) and strengthens the export-oriented nature of the system in a flexible and reliable manner.

The Grimaldi Group has initiated construction of 9 new vessels, two of which for Minoan Lines

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10.04.2025

The Grimaldi Group has signed an agreement with the Chinese shipyards China Merchants Jinling Shipyard (Weihai) for the construction of nine Ro-Pax vessels, two of which will fly the Greek flag and be operated under the Minoan Lines brand.

Approval granted for a new photovoltaic project in Boeotia

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10.04.2025

The project has received the green light for the environmental terms and restrictions for the installation and operation of a photovoltaic (PV) power station with a total capacity of 8.04 MW, equipped with an energy storage system, located at "KOUTSOURO" in the municipality of Orchomenos, in the Prefecture of Boeotia, Central Greece.

Recession continues in the construction sector

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10.04.2025

The construction sector in the euro area continues to face significant pressures, remaining in a state of recession for another month. Despite the slight recovery in the Construction Activity Index (PMI) of Hamburg Commercial Bank (HCOB), the data shows that the long-awaited exit from stagnation is still distant.

Premia Properties: Plan for a Share Capital Increase of up to €40M in 2025

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09.04.2025

The management of Premia Properties is considering a capital increase of between €30 million and €40 million in the first half of 2025, with the aim of funding new investments.

Mortgage rates in the U.S. reach new highs

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09.04.2025

Mortgage rates reached new highs in over a month this week, reversing their recent improvement.

The Bank of Greece estimates economic growth at 2.3% for 2025

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09.04.2025

During the Annual General Meeting of shareholders, the Governor of the Bank of Greece, Giannis Stournaras, addressed the uncertainty and risks stemming from the global economic environment, particularly following the announcement of high tariffs by the U.S. government. Mr. Stournaras emphasized the potential indirect effects on the Greek economy, noting that a broader slowdown in global trade could reduce demand for Greek products and services, thereby limiting growth prospects.

Fine Imposed on the 'Reciprocal Recycling' Company by the Municipality of Nea Smyrni

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09.04.2025

The 'Reciprocal Recycling' installation was removed from the Degleris estate a few days ago, following its sealing by the Mayor of Nea Smyrni, Giorgos Koutelakis.

The underground parking project in Nea Ionia is being officially resumed

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09.04.2025

The creation of an underground parking facility with a capacity of 360 spaces, located next to the city's ΗΣΑΠ station, is progressing. This project is of vital importance for the city of Nea Ionia, which has remained on the drawing board for decades.

What factors are attracting Family Offices and Private Equity Funds to luxury real estate

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09.04.2025

The Greek luxury real estate market has evolved into a significant area of interest for institutional investors.

Leadership Change in the BoD of NOVAL PROPERTY

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09.04.2025

Noval Property announced the appointment of Mr. Christoforos Stratou as a non-executive member of the Company’s Board of Directors, replacing the resigned executive member, Mrs. Aikaterini Apergi.

Reconstruction of Ukraine through 3D printers

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09.04.2025

A 130 sqm residence was 3D printed in just 58 hours in Irpin, marking a significant milestone in Ukraine's reconstruction efforts.

Investment demand is driving the Greek housing market

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09.04.2025

The Greek real estate market continues to exhibit a consistently upward trajectory, bolstered by strong investment interest – particularly from abroad – as well as robust demand for high-spec residential and commercial properties.

Evelyn Hadjiyerou was appointed Cerved Property Services' new CEO

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08.04.2025

Cerved Property Services strengthens its presence in Greece with the appointment of Evelyn Hadjiyerou as CEO of Cerved Property Services.

Knight Frank signs agreement for new London headquarters

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08.04.2025

Aviva Investors has announced the completion of a significant lease at its flagship property, One Liverpool Street, in the heart of the City of London.