ELPEDISON submitted an application for the granting of an Independent Natural Gas System (INGS) License to the Regulatory Authority for Energy (RAE). The new project, "Thessaloniki FSRU", will consist of a Floating Liquefied Natural Gas (FSRU) Storage & Gasification Unit, will be deployed in the Thermaikos Gulf, off the coast of Thessaloniki and is expected [...]
Is Greece thought to be flirting with loss of fiscal grip? by Antonis D. Papagiannidis As Greek sovereign paper edges closer to a yield of 3% - more importantly: as the spreads of 10-year Greek bonds over the German Bunds have overtaken 200 bps – a measure of nervousness is discernible in those bearing the [...]
Euronet Worldwide, a leading global financial technology solutions and payments provider, has completed the purchase of the Piraeus Bank Merchant Acquiring (PBMA) business for a consideration of €300 million. Euronet’s completed purchase of PBMA’s acquiring services and assets includes approximately 205,000 POS terminals at 170,000 merchants throughout Greece as well as the Bank’s online merchant acquiring business. [...]
by Alexandra C. Vovolini Dear readers, Just as we were coming to terms with the pandemic of Covid-19, the first war of the 21st century on European territory broke out, bringing back the nightmares of centuries past. As we are going to press in the next few days, we can only hope that a reasonable solution [...]
Of DEF “new realities”, of Mitsotakis rediscovering “Europe” and of recurring challenges by Antonis D. Papagiannidis For the better part of last week, the imposing scenery of Delphi – at times majestic, at times magical – was home to the yearly event of the Delphi Economic Forum. After an absence of two years due to [...]
Two important aspects at this year’s Delphi Economic Forum, both sealed by geopolitics: China’s altered presence and the emergence of the OECD as a new “player” by Antonis D. Papagiannidis Tackling uncertainty and attempting to offer some kind of guarantee/expectation regarding the return of normalcy at every level (from the world economy and the recovery [...]
interview to Antonis Papagiannidis Having celebrated the 25th Anniversary of the London School of Economics' Hellenic Observatory in 2021 and shortly before its director, Professor Kevin Featherstone, visited Greece to take part at the Delphi Economic Forum VII, K. Featherstone talked to Greek Business File about the present and future of Greece. You have studied [...]
ORFIUM, the innovative start-up company that develops technological solutions for the music and entertainment industry, has acquired Breaker INC, a Tokyo-based promotional, marketing and content company. Breaker will become ORFIUM Japan and instigate new partnerships in the world’s second biggest music market across music, gaming, entertainment and anime with the award-winning ORFIUM product suite. With [...]
The IMF bids farewell to Troika memories for Greece: the dearth of one-handed economists του Αντώνη Δ. Παπαγιαννίδη It is Harry Truman who famously asked for a one-handed economist to be sent to him, tired as he was to get advice from eminent practitioners of the dismal science who hedged their bets saying “on one [...]
by Yan Carrière-Swallow , Pragyan Deb, Davide Furceri , Daniel Jiménez and Jonathan D. Ostry The sea carries more than 80 percent of the world’s traded goods, most of which sail inside 40-foot-long steel containers stacked by the thousands atop some of the largest vessels ever built. The shock of the pandemic underscored just how [...]
