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Doctors struggling to cope on islands

Doctors struggling to cope on islands The vast majority of public health units on the small Aegean islands are struggling to cope as the limited number of doctors are forced to be on call every day, without a day off and generally without the chance to rest in order to cope with the needs of […]

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ATHEX: Majority of local stocks post gains

ATHEX: Majority of local stocks post gains The benchmark of the Greek bourse remained close to the 830-point mark for another day on Tuesday, closing with negligible gains as a small majority of stocks ended up higher than on Monday, although the local stock market is clearly in search of direction after last week’s solid […]

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Greek olive oil going Italian

Greek olive oil going Italian The majority of olive oil producers in Greece choose to export their produce in bulk to Italy at very low prices – lower than they export it to other countries – with Italian companies standardizing it and selling it at more than double the price both at home and in […]

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ExxonMobil gets majority of exploration rights for Crete project

ExxonMobil gets majority of exploration rights for Crete project ExxonMobil acquired the majority of hydrocarbon exploration rights in the region of west and southwest of Crete, following the departure of TotalEnergies last April, Greece’s Hellenic Petroleum announced on Tuesday. Previously, ExxonMobil and TotalEnergies, with 40% each, along with Hellenic Petroleum (20%) had the majority of […]

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ATHEX: Bourse index slips while banks grow

ATHEX: Bourse index slips while banks grow The majority of blue chips and stocks in general at Athinon Avenue enjoyed a small rebound on Wednesday, well below the early gains in line with other eurozone markets, though the benchmark swung from gains to losses in the closing auctions mainly due to the drop in oil […]

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ATHEX: Moderate rise after strong start

ATHEX: Moderate rise after strong start For a third consecutive day the majority of Greek stocks started off aggressively with significant gains on Tuesday, but during the session the buying spree appeared to drop a gear and the benchmark settled once again for rather moderate gains, coming off last week’s three-month lows. Part of the […]

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ATHEX: Clear trend for losses on the bourse

ATHEX: Clear trend for losses on the bourse Tuesday was a day of clear decline for the majority of Greek stocks, despite the effort made during the closing auctions to moderate losses for the day. The low trade persisted for another session, leading to the conclusions that the first-quarter growth data announced during the day […]

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ATHEX: Solid gains for majority of local stocks

ATHEX: Solid gains for majority of local stocks Wednesday offered most Greek stocks a session of solid gains, showing a clear sense of direction, unlike most other eurozone markets. In anticipation of the first-quarter results of six of the most influential blue chips before the end of the week, traders displayed confidence in their prospects […]

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Majority or strong governments?

Majority or strong governments? Greek Premier Kyriakos Mitsotakis said three right things when he spoke recently at the Oikonomikos Tachydromos (OT) Forum. Ending the guessing game, he said that the government will see out its four-year term and elections will take place at the end of spring 2023. He also said he would not change […]

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A new election law for a majority government

A new election law for a majority government Just as it was starting to look like plain sailing for Greece in 2022 with the pandemic starting to ease, tourism traffic picking up ahead of the summer and tens of billions of euros from the European Union’s Recovery and Resilience Facility being invested in the Greek […]

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Communists, nationalists to shun Zelenskyy speech

Communists, nationalists to shun Zelenskyy speech As the majority of Greek lawmakers prepare to express abhorrence for Russia’s invasion of Ukraine during an address next Thursday by Volodymyr Zelenskyy, the Greek Communist Party (KKE) and the far-right nationalist Greek Solution intend to boycott the video call with the president of the war-torn country. After decrying […]

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Majority of respondents in opinion poll in Greece say transfer of weapons to Ukraine will negatively affect country’s position

Majority of respondents in opinion poll in Greece say transfer of weapons to Ukraine will negatively affect country’s position Results of a latest opinion poll in Greece show the public’s concern over Greek-Turkish relations due to the invasion in Ukraine, with six out of 10 also saying they believe the transfer of weaponry from the […]

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Daily shot rate dropping

Daily shot rate dropping With a large majority of the population vaccinated, the daily rate of shots administered has dropped to the lowest point since the beginning of Greece’s national inoculation program. In particular, over the last 10 days, approximately 3,500-4,000 first dose vaccinations were administered on a daily basis. The previous lowest performance since […]

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ATHEX – PPC shows the way to recovery

ATHEX – PPC shows the way to recovery Led by PPC, but also the majority of its titles, the Greek stock market seems to overcome the morning uncertainty and move with small but satisfactory gains, in an effort to confirm the recapture of 870 points. Variability is not lacking today, despite the negativity of the […]

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PPC retains majority on electricity grid operator’s board

PPC retains majority on electricity grid operator’s board Public Power Corporation will retain a majority of seats on the board and in the management of the Hellenic Electricity Distribution Network Operator (HEDNO or DEDDIE), which will have the option of listing its shares on the stock market and implementing an already approved business plan for […]

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Justin Trudeau Wins Canada Elections, But Misses Majority

Justin Trudeau Wins Canada Elections, But Misses Majority Justin Trudeau wins three consecutive parliamentary elections. Credit: Twitter/Justin Trudeau Canada’s Prime Minister Justin Trudeau won a victory in Monday’s parliamentary elections, though his Liberals would still need to work with other parties to form their second minority government. The Liberals were leading in 156 ridings, the […]

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ATHEX: Small losses for majority of local stocks

ATHEX: Small losses for majority of local stocks Investors in Greek stocks proved quite indifferent to the Moody’s estimate on Wednesday that the local economy will grow spectacularly this year by 8.2%, leaving the benchmark at Athinon Avenue with minor losses. Just a handful of blue chips resisted the pressure. The Athens Exchange (ATHEX) general […]

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No summer break: 35 million can’t pay for holiday in the EU

No summer break: 35 million can’t pay for holiday in the EU The majority of low-income families in the European Union can’t afford a summer holiday, according to a study by the the European Trade Union Confederation. The organization, which represents 45 million members in 38 European countries, said many low-paid workers are among 35 […]

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Alpha Bank – Ιt will pursue strategic partner to acquire majority stake in its domestic real estate subsidiary

Alpha Bank – Ιt will pursue strategic partner to acquire majority stake in its domestic real estate subsidiary Greek lender Alpha Bank this week announced its intention to pursue a joint venture with an “international strategic partner” that will focus and invest in the domestic real estate market, a business proposals it bills as “Project […]

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Majority of Greeks trust Covid vaccines despite protests, poll finds

Majority of Greeks trust Covid vaccines despite protests, poll finds Nearly two-thirds of Greeks believe getting vaccinated against Covid-19 can beat the pandemic and most favor mandatory vaccination for certain groups such as healthcare workers, nursing home staff and teachers, a survey showed on Thursday. The findings come as the government pushes vaccinations by offering […]

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Businesses turn their back on technology

Businesses turn their back on technology The vast majority of Greek enterprises are digitally illiterate. Although businesses sense that the digital era and artificial intelligence will alter the way work is conducted, the production process and entrepreneurship, they find it hard to see how that will happen and what they need to be doing about […]

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Average age of new infections drops to 26

Average age of new infections drops to 26 The majority (80%) of new Covid-19 cases concern people under the age of 39, according to government spokesperson Aristotelia Peloni. Speaking during her daily briefing of the media on Monday, Peloni said that the average age of new cases currently stands at 26 years old and that […]

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Pharmathen: Sold to private equity Partners Group

Pharmathen: Sold to private equity Partners Group BC Partners announced the sale of the majority stake in Pharmathen to the international private equity firm Partners Group. The transaction values ​​the company at 1.6 billion euros. Pharmathen was founded in 1969 and was acquired by BC Partners in 2015 for 475 million euros and is now […]

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Two binding offers for DEPA Infrastructure

Two binding offers for DEPA Infrastructure Greece has received two binding offers for a majority stake in its state-controlled gas distribution network, DEPA Infrastructure, the country’s privatization agency said on Thursday. The bidders were Italgas and Czech EP Investment Advisors, the agency said. Along with Italgas and EP Investment Advisors, which had qualified to submit […]

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Poll: At 16.5 points the difference between ND and Syriza – In favour of the compulsory vaccination the majority of citizens

Poll: At 16.5 points the difference between ND and Syriza – In favour of the compulsory vaccination the majority of citizens Opinion Poll carried out in Greece shows a solid lead of New Democracy party (ND) and the Greek PM, Kyriakos Mitsotakis, over the opposition of Syriza. According to this gallop, a difference of 16.5 […]

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ATHEX: Small gains for majority of stocks

ATHEX: Small gains for majority of stocks Greek stocks had another day of moderate gains on Wednesday, helping the benchmark edge higher, albeit on the lowest daily turnover in 11 sessions. This time gainers outnumbered the losers, but it will take a significant boost, possibly from non-corporate related factors, to see the main index reach […]

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Covid -19 digital certificate bill voted through parliament by broad party majority

Covid -19 digital certificate bill voted through parliament by broad party majority The government’s bill that introduces the Covid-19 digital certificate was passed in parliament by a broad party majority on Tuesday. New Democracy, SYRIZA-Progressive Alliance, Movement for Change (KINAL) voted in favor of the bill, while the Greek Communist Party, the Greek Solution party […]

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Covid-19 digital certificate voted by broad party majority

Covid-19 digital certificate voted by broad party majority A Greek government bill introducing the Covid-19 digital certificate was approved in parliament by a broad majority on Tuesday. Ruling New Democracy, main opposition SYRIZA-Progressive Alliance and Movement for Change (KINAL) voted in favor of the bill, while the Communist Party, Greek Solution and MeRA25 rejected it. […]

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Support for Alpha Bank capital boost plan

Support for Alpha Bank capital boost plan The majority of Alpha Bank shareholders support management’s plan to boost capital via an equity offering and intend to take part, two banking sources close to the planned transaction told Reuters on Wednesday.  “The majority of shareholders support management’s vision and intend to take part in the offering,” […]

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Survey Finds Majority of Greeks Optimistic About Vaccine, Pandemic

Survey Finds Majority of Greeks Optimistic About Vaccine, Pandemic Credit: Greek Reporter The Greek think tank DiaNEOsis published a survey on Monday that found that the majority of Greeks are positive about the future of the pandemic as it plays out after the worst of it is over. Of all the people surveyed, 68.4% believe […]

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