PM Mitsotakis at Greek Investment Conference in London
Prime Minister Kyriakos Mitsotakis, who flew to London on Sunday night, is scheduled to deliver an address at a major Greek investment event in the British capital.
- Written by E.Tsiliopoulos
Elevate Greece signed memorandum of cooperation with Microsoft
Elevate Greece signed a Memorandum of Cooperation with Microsoft, which aims to train, guide, support, and network Greek start-ups.
- Written by E.Tsiliopoulos
Wave Awards: Greece "favorite cruise destination"
Receiving more than 175,000 votes, Greece was named the "Favorite Cruise Destination" at the British "Wave Awards" for the second year in a row.
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Air pollution responsible for 11,000 deaths per year in Greece
Air pollution was responsible for the death of 11,620 citizens in Greece in 2020. And it is the high concentrations of fine suspended particles with a diameter below 2.5 μm (fine particulate matter – PM 2.5), nitrogen dioxide (NO2) and ozone ( O3) that are to blame for all these deaths, according to what European Environment Agency (EEA) scientists noted in their report on "Air Quality in Europe" published today Thursday.
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Mitsotakis on Turkey: We do not engage in dialogue with the absurd
Kyriakos Mitsotakis paid a visit to Patras, from where he answered journalists' questions at a press conference.
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Elefsina Shipyards plans to repair about 200 commercial ships a year
About 200 commercial ships a year will be repaired at the Elefsina Shipyards according to the plans of ONEX Shipyards & Technologies, which is going to take over the shipyards based on the consolidation plan filed in court.
Speaking to journalists, Mr. Panos Xenokostas, president and CEO of ONEX, pointed out that there are significant prospects in the field of ship repair as well as energy projects. He also referred to American firm DFC that will finance the shipyards with 102 million euros, saying that this funding is a sign of confidence in the shipyards’ prospects
The revival of the Shipbuilding Industry, through the restart, consolidation and upgrading of the Elefsina Shipyards, will re-establish Greece as a significant force in the field of shipbuilding, both in support of commercial shipping and in the field of defense shipbuilding, according to the management of ONEX, which estimates that the court’s decision is expected to be issued by April 2023.
Regarding Hellenic Navy programs, Mr. Xenokostas sent the message that at some point decisions will have to be made on the corvette program, as business cannot wait for long, however he hastened to note that the reconstitution of the Elefsina Shipyards does not depend on military orders.
Mr. Xenokostas referred to the cooperation with Italian shipyards Fincantieri which are bidding for the corvette program, noting that the synergy with the global shipbuilding group Fincantieri S.p.A. guarantees the effective development of technological solutions in defense constructions.
Finally, it should be noted that according to ONEX, the goal is to transform the Shipyards into a hub that will support commercial shipping horizontally, acting as a leader for the entire industrial ecosystem of the region.
The agreement
The Elefsina Shipyards Consolidation Agreement forms a sustainable model for restarting the Elefsina Shipyards and as ONEX claims this includes:
– a direct investment of 170 million dollars is implemented
– All existing jobs are guaranteed (600)
– Debts and compensations amounting to 41 million euros are available to employees
-1,400 new jobs are created within 3 years. With the total number of employees reaching 2,000.
– Additional revenues of 1.1 billion euros are generated for the Greek State (direct and indirect taxes, insurance contributions) over the next 25 years
-The Greek Economy is strengthened with more than 1.6 billion euros that will be directed to domestic suppliers and the Greek Industry
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OECD forecasts growth of 6.7% this year and 1.6% in 2023 for Greek economy
The OECD in its report on the prospects of the world economy that was published today predicts growth for the Greek economy of 6.7% this year and 1.6% in 2023 and 2024 is predicted by .
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House of Mosaics in Sparta showcases Roman mosaics of Europa and Orpheus
A museum of two rare Roman floor mosaics in Sparta will have its official inauguration on November 21, a year after the modern buildings housing the mosaics opened to the public.
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Turkey attacks the movie "My Beloved Smyrna" - Hurriyet talks about "plan of the invader"
The film "Smyrna",released in Greece under the title "My Beloved Smyrna", based on the play of the same name by Mimi DenisiIn has come under firefrom the Turkish pro-government newspaper Hurriyet.
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Enterprise Greece: Greece is flexible and investor-friendly
The general secretary of International Economic Relations and Outreach and president of Enterprise Greece, Ioannis Smyrlis, mentioned the remarkable resilience that the Greek economy has shown to the unprecedented challenges and crises both at home and at the global level, recording the 3rd largest growth in the Eurozone for 2021. Mr. Smyrlis was speaking at Tax Forum 2022, held in Athens, under the title Tax Agility in a Changing World- Maintaining Sustainable Growth.
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Turkey rachets tensions with Bahtceli's new tirades
Ankara continues its nationalist delirium, with junior government partner Devlet Bakhceli talking about the "century of Turkey" and the attempt of some to impose the terms of the Treaty of Sevres on the country.
Two Greek sailors injured in Havre
Two Greek sailors were injured last Thursday when the Athens ship they were on board was in the port of Havre.
George Lois: The "golden Greek", the "wizard of advertising" has died
A charismatic figure in advertising and design, the pioneer Greek-American George Lois, responsible, among other things, for some of the most daring and powerful images published in American magazines of the 60s, but also for iconic advertising slogans such as “ I Want My MTV!”, died at the age of 91, at his home in Manhattan, New York, as announced by his son, photographer Luke Lois.
Turkish national arrested as suspected human trafficker
A Turkish national, the driver of a speedboat who allowed at least four migrants lacking travel documents to alight on the shore of Skandari, Kos island, has been arrested as a suspected human trafficker, police announced on Thursday.