Ionian Sea hydrocarbon survey comes to an end
A geophysical survey carried out in the northern part of the Ionian Sea to assess natural gas reserves has concluded successfully, the Hellenic Hydrocarbon Resources Management (HHRM) company announced.
Jumbo sales increase by almost 20% in 2021
Athens-listed Jumbo Group on Tuesday said its 2021 sales rose 19.87%, totaling 832 million euros. EBITDA jumped 46% to €305 million compared with 2020.
More tranches for state loans
A barrage of problems in the market – with the lockdowns, continued restrictions, rising energy costs, price hikes and now the war in Ukraine – are prompting the government to further ease the pressure on companies that have benefitted from the cheap state loans named “Deposit To Be Returned” and have the dues repaid in…
Sanctions and side-effects
The method of a bloodless defense which has correctly been chosen by Europe in the war in Ukraine, using its economic power, cannot turn European households into collateral damage.
A war of endurance
It is very difficult to say how the war in Ukraine will end and how long it will last. It is purely a question of endurance, of who will last longer.
Initiatives to collect overdue debts of €3 bln to municipalities
With the Russian invasion of Ukraine testing the resilience of the Greek economy on all levels, the government plans to introduce a series of initiatives to shield the economy, in the short and long term, starting with local authorities.
ATHEX: Bourse index offsets losses from Tuesday
Stock markets across Europe recorded a technical rebound on Wednesday after the major slump of the previous days, with Athinon Avenue following suit to see its benchmark recover all of the ground lost on Tuesday, and then some.
Europe faces pressure to join boycott of Russian oil and gas
Europe faces a tough choice: Is it worth a recession to choke off oil and gas money to Russia while it fights a war in Ukraine?
Heavy vehicles banned from Attiki Odos due to snowstorm
Heavy vehicles of more than 3.5 tonnes, as well as articulated buses, are prohibited from using the Attiki Odos beltway in Athens from 10 p.m. Wednesday due to the Filippos snowstorm, its operator has announced.
Cartoon by Ilias Makris (09/03/2022)
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