Category: Uncategorized
Francoyannis: “The new networking and extroversion operator will be flesh and blood in the next three months”
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“The new networking and extroversion organisation will take flesh and blood over the next three months,” announced from the step of the annual conference of the Pan-Hellenic Exporters Association, the Deputy Foreign Minister for Economic Diplomacy and Extroversion. As Mr.Francogiannis has done, the organization will be the Greek global network for the connection of Greek…
Mr. Francogiannis: “The new networking and extroversion organisation will be flesh and blood in the next three months”
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“The new networking and extroversion organisation will take flesh and blood over the next three months,” he announced from the step of the annual conference of the Pan-Hellenic Exporters Association, Foreign Affairs for Economic Diplomacy and Extroversion. As Mr.Francogiannis has done, the organization will be the Greek global network for the connection of Greek youth…
Michaelidou: “Recognition by the Advocate of the Citizen of e-EFKA”
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‘ From the sky to the service of our fellow citizens, to the time of response to their demands and to their resolution, e-EFKA has become a model. And that’s not what we call it, it’s the official evidence of the Citizen. The valid reports on social security issues, according to the counsel’s annual reports,…
Farmers: The payment of the Special Insurance Contribution is extended until 30 June 2024
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By 30 June 2024 the payment deadline for the year 2023 is extended by the Special Committee, as notified by the Ministry of Rural Development and Food. It is the case that the insured farmers, who will exercise the right of this provision, have paid the Special Insurance Contribution of the year 2022. SOURCE: RES-BE
Athens Stock Exchange: Close with a drop of 0.73% for the General Index, at 127.18m euros per turnover
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The shares were moved in the current (3.4.2024) Athens meeting, with the market retreating towards the levels of 1,380 units. At the same time, the Exchange’s General Price Index closed at 1,383.69 units, dropping 0.73%. Intra-sessionly recorded a higher value at 1,395.84 units (+0.14%) and a lower value at 1,378.93 units (-1.07%). The value of…
Italy: It Will Not Reach EU deficit target 3% By At least 2026
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It will take at least 2026 to reduce its budget to 3% of the European Union (EU), according to Bloomberg sources, potentially causing increased control by the Union’s budgetary bodies. With the deficit at 7.2% of GDP last year due to tax relief for house renovations, the Italian government will take several years to restore…
Stoltenberg (NATO): “We need more money, we need fresh money” for Ukraine
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‘ We need more money, we need fresh money and we need it for many years” for, said his secretary general, Jens Stoltenberg at the State Department meeting today. Stoltenberg wants to convince the 32 NATO states to launch a 100 billion-euro aid package for Ukraine. This money is intended to give President Volodmir Zelenski’s…
HSBC: Growth 1.5% this year and 1.7% in 2025 in Greece
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Steady in its estimates for Greece remains in its report, as it predicts a rate of 1.5% this year and 1.7%, better than the Eurozone average. However, HSBC, in addition to the stable forecast for growth, upgrades its estimate of inflation in Greece, to 2% this year from 1.8% forecast before, with a mild slowdown…
U.S.: “He’s backing up” the Fed in imposing green rules on banks – Break with ECB
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They abandon the attempt to impose global “green” rules on regulatory authorities in the US, with the Federal Reserve foreshadowing ( ), according to Bloomberg sources. Fed officials contradict their European counterparts, who argue that the Basel Banking Supervisory Committee should agree to the requirement that banks disclose their strategies to meet green commitments. In…
Subsidies: As of June the “Carta of the Farmer” will run
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After June he is expected to “run” his “card” according to secure information from newssit.gr by its competent officials. It is noted that the “farmer card” is a financial tool through which farmers, who are entitled to Community subsidies, can advance the funds they are entitled to from the bank with which they cooperate. However,…
Eurobank: The value of the fixed capital of the Greek economy decreased by 40 billion euros in 2011-2023
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By EUR 40 billion the value of its fixed assets has decreased over the last 12 years, according to Eurobank’s study summary on the importance of infrastructure for development and the factors affecting it. With the exception of investments in the institutional sectors of households (mainly housing) and financial undertakings, the reduction in the fixed…
Skrekas: Industrial production has returned to pre-crisis levels
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The country’s productive base must be developed to ensure sustainable rates, according to the Minister of Development’s statements, at the conference of the Pan-Hellenic Exporters Association, while pointing out the effort to maintain the growth rate over time. In particular, Costas Skrekas stressed that since 2019 industrial production has doubled and has returned to levels…
“He’s backing up” the Fed in imposing green rules on banks – break with ECB
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They abandon the attempt to impose global “green” rules on regulatory authorities in the US, with the Federal Reserve foreshadowing ( ), according to Bloomberg sources. Fed officials contradict their European counterparts, who argue that the Basel Banking Supervisory Committee should agree to the requirement that banks disclose their strategies to meet green commitments. In…
Hatzidakis: Six actions to boost exports
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The Minister of Finance, at the Conference of the National Exporters Association, spoke about the strengthening of the funds, presenting six lines of intervention. In particular, Kostis Hatzidakis referred to the significant progress achieved in recent years, resulting in exports of goods and services, both in absolute numbers and as a percentage of GDP being…
Gr. Dimitriadis (Supertaph): An international tender for 36,000 EDF properties is expected soon
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An international competition for 36,000 EDF properties is soon to be held at the conference of the Panhellenic Exporters Association. More specifically, the CEO referred to the contribution of the Trans-Fund to the strengthening of the Greek economy, while stressing that the investment role of the Trans-Fund will gain new momentum with the operation of…
Pitsilis (ADE): We paid 1.2 billion euros for tax refunds in the first two months of 2024
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He paid 1.2 billion euros for tax refunds in the first two months of the year, or 435m euros more than last year, as the commander of the Independent Authority, George Pitsilis, said at the Panhellenic Exporters Association conference on “The Increasing Extroversion of the Greek Economy”. Mr Pitsilis referred to the strategic planning of…
Inventory notes: The interest rate was reduced to 3.75% at the DIDE auction
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The interest rate of the quarters of the Greek State was reduced to 3.75% in its auction, from 3.83% in the January auction. In particular, as the DDIX announced, at the 13-week interest rate auction, the yield of the bonds was 625m euros. Total bids of EUR 996 million were submitted, which exceeded the amount…
Skolkos: Effective development interventions through public investment
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“It goes without saying that ensuring adequate funding is a necessary treaty for economic development, but not capable. The resources must be committed to those public policies that will give a multiplier value to our interventions and contribute to economic modernisation,” noted the Secretary-General for Public Investment and NSRF, referring to the public. Speaking at…
IRS: What changes regarding the loss of debt arrangements
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The new Tax Code, which is in public consultation, streamlines the rules relating to their loss to . What is currently in force and under Memorandum Law, should the Head of each IRS store check at any time not only whether each debt arrangement is up to date, but also whether all declarations have been…
Chapalos for POS: Controls of ADE in businesses that have not made an appointment for the interface
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Starting today, communication with businesses that have not yet made an appointment for their connection to their cash machines, according to the statements of the Finance Ministry spokesman, Homer Chapalou in the First Program. In particular, Mr. Chapalos stated: “Those businesses that have not been able to find an installation technique and have not even…
ELSTAT: The economic inequality in Greece has decreased by 2.4% since 2015
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The economic inequality in Greece has decreased by 2.4 percentage points since 2015 (34.2% in 2015), according to household research and living conditions in 2023 . At the same time, according to the ELSTAT survey, the Gini rate was estimated in 2023 to 31.8%, recording an increase of 0.4 percentage points over 2022. The above…
Eurostat – Greece: European Year of Tourism in Employment and Contribution to GDP
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Greece is the country of the European Union ( ) with the highest rate of employment in accommodation services and , but with the high rate of contribution of this sector to GDP according to a statistical article published by Eurostat. However, the extremely large proportion of tourism workers in total employment seems to have…
Inflation: New acceleration in March in Greece – “Freno” in food price increases
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In March, it was moderately accelerated in Greece, according to Eurostat, although in their sector the service recorded a slowdown in price increases. General inflation in the country accelerated to 3.4% from 3.1% last month, while food growth declined to 4.8% out of 5.8%. It should be noted, however, that Eurostat ‘measures’ food prices in…
Staikoras: We are taking advantage of the two new Trans-European Rail Values
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The launching of the Trans-European Rail Values and the connection of the railway to the country’s ports, the Minister of Infrastructure announced and , coming to the work of the Informal Council of Transport Ministers of the European Union, held at Egmont Palace, Brussels. As Mr Christos Staikouras said: “The subject of the discussions is…
Farmers: 39m euros were deposited to refund the oil excise
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The first instalment was paid for 2024 of the refund of excise duty (DIESEL) engines to professionals . In particular, the bank accounts of 307.301 beneficiaries of professional farmers were credited the amount of EUR 39,585,690,99. Specifically, with the Ministry of National Economy and Economic and Rural Development and Food, the conditions and procedures for…
Athens Exchange: At 1,395.24 units the General Index was developed, with a rise of 0.10%
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Limited changes appear to have their prices at the opening of the Athens meeting today (3.4.2024), after yesterday’s strong retreat, amid a mild upward movement of European markets, while the General Index was formed at 1,395.24 units, with a slight rise of 0.10%. At the same time, the value of transactions amounts to 6,49m euros,…
Turkey: New inflation record in March – Launched to 68.5%
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At the highest level for over a year in March, the inflation rate in Turkey increased on an average of 68.5% compared to the same month last year, the statistical service announced today (3.4.2024). This is the highest rate since the end of 2022. In February, the inflation rate was still around 67.1%. Only from…
NATO: U.S. ‘override’ Plan behind the 100 billion-euro Stoltenberg package for Ukraine
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Gens Stoltenberg’s head suggested yesterday (02.04. 24) a five-year military aid package of EUR 100 billion for . The package is intended to give the Western alliance a more direct role in supporting Kiev, diplomats told the Reuters news agency. It also aims to make aid to Ukraine less dependent on the US. The plan…
Extrajudicial Mechanism: How debtors who want to keep their homes benefit
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One of the seven tools provided by the Ministry of Finance, through the relevant platform, to debtors who do not want to lose their own, is the , who provides multiple advantages and benefits. This is because, according to the Ministry of Finance, the Executive Mechanism is a holistic and sustainable solution for individuals, businesses…
DYPA: On Friday it ‘closes’ the employment programme with emphasis on the green economy and women
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By Friday (5.4.2024) the deadline for funding applications for the “business grant for employment of 5,000 unemployed, aged 18-66 years, with emphasis on the green economy and women”, while 95% of the total number of available posts in its action has already been covered. The aim of the ISPA programme is to create new, “green”…
Fixed electricity tariffs from 9.7 minutes in April – See all prices for home and professional consumers
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Prices from 9.7 to 36 minutes per kilowatt hour are available for home consumers. It is worth noting that PPC significantly reduced its price to 12.3 minutes. In detail the list of household fixed current tariffs is as follows: In the case of professional fixed tariffs, prices are from 12 to 36 minutes per kilowatt…
‘Window’ Biden for further duties on Chinese products
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An impending decision on tariffs in , he implied the White House after their president’s phone call with his Chinese counterpart, C. Jimping, saying Biden touched on China’s “unfair commercial policies and economic practices unrelated to the market”, according to Bloomberg’s report. He also “emphasized that the US would continue to take the necessary measures…
EPKA: Scripts for “second chance” for lost insurance arrangements
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On e-EFKA’s “door” it hits the bill of the Ministry of Public Consultation last Sunday (31.03. 24) and provides for a “second opportunity” for lost persons Since what applies to debts to the tax, it also applies to debts to e-EFKA (p.a., debtors of both entities fall under the clauses of the Public Revenue Recovery…
ADE: Calls are coming to businesses that have interconnected their cash machines with POS
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Calls from it will take close to 12,000 companies who have not taken any action to connect their cash machines with them, in practice ignoring the deadlines set. According to the data announced by the Ministry of Finance, ERT notes, more than 255,000 businesses either completed (145,000) the connection of cash machines to POS, or…
AFFAIRS: When are the taxpayers imposed “baans”
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Just days before his clearings were notified to the taxisnet, the Ministry of Finance bill on the Tax Procedure Code, which is already in public consultation, redefines what applies to possible fines and interest to those who exceed the time limits. Thus, taxpayers who are burdened with the obligation to declare the elements of the…
Gerapetritis-Fintan in NATO, Erdogan calls Mitsotakis, coverage to Chrysohoidis, the developments for the new concession contracts of GEK TERNA and the scenario of autonomous entry into the AA, strategic investments not both lawsuits are made in Velopoulos
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Gerapetrite – Fidan in NATO Looking at the 15th of May, which is a possible date for Prime Minister Kyriakos Mitsotakis’ trip to Ankara, following the invitation sent to him by Tayyip Erdogan, Geraptritis and Fintan, it is very likely that they will have a T-A-Tet in Brussels today or tomorrow, on the sidelines of…
IRS: Who are responsible for providing guarantees for the start-up of a business
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Guarantees are required or by natural and legal entities in order to allow them to proceed to the new Tax Procedure Code included in the Finance Ministry bill that has been put into consultation. It is noted that since 2023 the launch of an operation has been through the platform of gov.gr and not by…
Total dominance of RES in electricity generation in the last week
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Macrone first form of power generation are now the ones in our country’s electrical system. According to data from the Energy Exchange, their share of the domestic mix rose in the last week from 37% to 53%, while natural gas from 16% to 40%. In these seven days the RES was consistently the first source…
Russian magnates increased their wealth by 72 billion dollars in 2023
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They increased their wealth by 72 billion dollars last year, reaching $577 billion, according to Forbes’ report, with Vagit Alekperov, former president of the largest oil company Lukoil, being in first place. Forbes magazine estimated in 2021, before Russia invaded Ukraine, that the total assets of Russian billionaires reached $606 billion. The high commodity prices…
Golden Visa: The transitional period is reduced by one month – End of deadline on 30 August
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By one month the transitional period for the expiry of the period under which third country citizens can either pay the price, or pay an advance of 10%, or sign an agreement with payment in order to be able to apply for a residence permit through, according to Harry Theocharis. As Deputy Minister of Finance…
Inventory notes: Reduced interest rates are expected at tomorrow’s DADX auction
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Limited was the move on the market today (2.4.2024) and the interest is focused on tomorrow’s three-month Envoy Secretaries of the Greek State, to be carried out tomorrow by the Public Debt Management Agency ( ) for the amount of 625m euros. It is estimated that there will also be a strong investment interest in…
Athens Stock Exchange: Major losses in shares – “Buttia” 2% below 1,400 units
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“Butia” 2% noted those in Athens on Tuesday (2.3.2024) sliding below the 1,400 unit limit and towards the 1.390 units. More specifically, the Athens Stock Exchange General Price Index closed at 1,393.84 units, with the shares of PPA and Greece recording “free fall”. The total turnover was EUR 121.04 million , while 26,914,824 shares were…
Checks on olive oil and honey began – Follow in meat and eggs
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Within the next few days, the working group for those ahead of Easter in meat and eggs is set up, in accordance with the decision of the Minister for Rural Development, . The checks will begin next week and will be conducted at retail – wholesale, slaughterhouses, entry gates, national roads etc. According to the…
Investors’ expectations for interest rate reductions fall
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Their interest rates are reduced by 65 basis points in 2024, which is less than those published by Fed on 19.3.2024, according to a Bloomberg report. Last week, the market and the US Federal Reserve (Fed) were briefly on the same page on the rate of monetary relaxation. It didn’t last long, and state bond…
POS: The connection with cash machines is successfully completed – When fines are activated
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They successfully completed their cash machine interconnection with over 255,000 while others have a scheduled appointment to do so by April 30, when it is the deadline. In particular, it is 90% of enterprises that are obliged to connect POS with their cash machines. More specifically, the companies that completed the interconnection exceeded 145,000 ,…
Germany: No ECB interest rate reduction is expected before June, despite the fall in inflation in March
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The trend to reduce rates continues in , as the rise in consumer prices slowed to 2.2% in March, according to the announcements made today (02.04. 24) the Federal Statistical Office based on a preliminary assessment. Economists involved in a Bloomberg data provider survey expected this amount to be reduced according to national calculations (CPI).…
Commission: Approval in two Greek RES projects of EUR 1 billion
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Support for two renewable energy production and storage projects ( ) in Greece was approved by the European Commission ( ). According to the Commission, the measures contribute to the achievement of Greece’s climate and energy objectives, as well as the objectives of the European Green Agreement and the ‘Fit for 55’ package, allowing the…
Ministry of Development: Fine 120,000 euros in e-shop and shutdown
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A total fine of 120,000 euros in the e-shop “Athanasios PIREFANIS AND CIA UN” that maintains the electronic http://perishop.gr imposed it after extensive . The operation of the site was discontinued immediately after actions by the Ministry of Development in order to protect consumers. In particular, following an extensive audit carried out by the Directorate-General…
Farmers: ADE’s platform for VAT return is running
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For the second consecutive year the digital application process for the special status, through the myADE digital portal, began. The process will remain open until 16 December 2024. In particular, beneficiary farmers submit a declaration – request for the refund of the eligible VAT amount on myBusinessSupport platform, on myADE > Applications > Business> myBusinessSupport.…
Return to pre-crisis profitability for European banks
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Profitability streak is noted for their progress since before the 2008 global financial crisis, as higher interest rates have done wonders for their shares, according to a Bloomberg report. The European Stockx 600 banking index gained 13% in the first quarter and rose for six consecutive quarters for the first time since 2006. The Italian…
The American slow reached $85 a barrel for the first time since October
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The US crude’s future contracts reached $85 a barrel, for the first time since October, as the cutbacks of his offer + support a consistently enhanced market, according to a Bloomberg report. At the same time, the West Texas Intermediate forward contracts increased up to 1.6%, while the reduction of production by the Oil Exporting…
Tax refunds: When paid to taxpayers – All sub-cases
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Offsetting its debts and paying the tax refund within three months provide for the provisions of the bill on the new Tax Procedure Code that has been consulted since Sunday (31.32024). At the same time, all sub-cases relating to taxpayers claiming reimbursement from the Tax Administration are provided. Specifically: 1. If the taxpayer is entitled…
Taxes: When paid – How many payments and what order of payments
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Provisions clarifying the landscape around their mandatory payment times, the number of payments and in which order should the citizens be made, contains the new Ministry of Finance bill. Thus, tax administration organizes tax payments, seeking to put an end to past malfunctions and delays. Specifically: 1. The tax shall be paid at the time…
IOBE: Economic climate recovery in March with impetus from Industry and Services
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A significant recovery was noted by the index of the Foundation for Economic and Industrial Research ( ) in March, rising to 104.4 points, from 104.9 points in February. IOBE’s economic climate index, thus, recovers from last month’s decline to the highest performance in the last 6 months. In the individual sectors there is a…
Tax information: All that applies to its granting to taxpayers
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Simplification of its process to promote interoperability of services, is provided in the new Finance Ministry (OIE) bill that is in consultation, among other provisions that frame the cases of granting or withholding. In general, the taxpayer may request evidence of tax information for up to two (2) months in respect of transactions and transactions…
IRS: At 5 years of notification to the taxpayer the limitation of cases
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A change for the better for him is foreseen in the Finance Ministry’s bill ( ) which has been consulted since 31.3.2024, clearly setting the deadline for the limitation of tax cases. Although time does not substantially change, remaining in the 5 years with the prediction of extensions, clears the landscape about when the deadline…
ENPHIA 2024: Countdown for clearings – When will they climb Taxisnet
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Next weekend, April 6 – April 7, he will probably be up on Taxisnet for the year 2024. The amounts will be posted to the owners’ personal Taxisnet accounts and should be entered with their own codes in the ‘E9/ENFIA Statement’ application of the Independent Public Revenue Authority ( ). The purpose of the ADE…
Smart Processing: A decision on funding over EUR 73 million was signed
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A decision on the programme was signed by Minister of Development, Kostas Skrekas, of EUR 73,227,620, to finance approved proposals, with recipients of very small, small and medium-sized manufacturing and industrial sectors. The Smart Processing action accelerates industrial transition through digital transformation of operational and productive functions, to create modern and competitive businesses. Investment projects…
Britain – Eurozone: The processing supply index has further deteriorated
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The PMI index for manufacturing activity in March declined to 46.1 points, recording further deterioration, as it shrunk at a faster rate than in February, according to a survey published today (2.4.2024). In particular, HCOB’s final supply manager (PMI) index, drawn up by S&P Global, declined to 46.1 units in March from 46.5 in February,…
Pelagidis (TE): The financial performance for the next 3 to 5 years
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On the resilience of the Greek economy he spoke Deputy Governor of Theodoros Pelagidis in the First Program, according to ERT, stressing that “the objectives of the financial surplus of the primary are assured” for the future. The Deputy Governor of the Bank of Greece said “It seems that we will have a growth rate…
Skaramaga Shipyards: 474 former employees will work in Navy, STAY, OSH
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In the labour developments he referred by letter from the union to his members “The Trident”. As regards employment programs in the Navy, STAY, OSY, the letter from Skaramaga Shipyards mentions the coverage of new jobs of 474 employees and hires via the DYPA. (a) Beneficiaries will be 474 former employees of the Skaramaga Shipyards…
How many Chinese electric cars will be sold in Europe in 2024
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In China a large percentage was built sold to (19.5%), while it is expected to reach 25%, in 2024. At the same time, the European Transport and Environment Federation (T&E) stresses that increasing the production of electric cars and investing in the European battery supply chain is the only way for EU car manufacturers to…
Germany: 2 %’s ‘block’ was broken by inflation in Hesse
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It continued to decrease in March, according to the first figures from the Lands. Consumer prices increased at a slower rate in Baden-Württemberg, Bavaria, Brandenburg, Hesse, North Rhine-Westphalia and Saxony than in February. They increased between 1.6% and 2.8% compared to the same month last year, as state statistical agencies announced today (02.04.24). In February,…
HA: What changes in taxation of financial products
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Changes to the financial product regime provide for the bill which he brought yesterday (01.02. 24) in public consultation, in particular, the bill of the Ministry of Finance with changes in taxation provides that the contract for the lending of shares listed on the Athens Stock Exchange, which takes place on an ex-bank basis and…
Athens Stock Exchange: Fall of the General Index – Rise of European shares
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Small reduction is recorded at the first Athens meeting today (2.4.2024) after Friday’s holidays (29.3.2024) and Monday (1.4.2024), due to the Easter of Catholics, in the middle of a mild upward movement of European markets. The General Index on the Greek Stock Exchange at 11:00, is formed at 1,421.10 units with a marginal drop of…
Public: How to make real estate auctions with a mortgage in favour of the Treasury
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A new regime provides for the Treasury bill, which came yesterday (01.04. 24) in public consultation on those who are subject to mortgage in his favour. The new provision for real estate auctions provides that the Deposits and Loans Fund has all the imperfections, judicial, administrative, financial and procedural privileges granted to the State. Exemptions…
Loans: The new cooperation regime between financial institutions for the management of debtors
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Changes to the cooperation regime between the financial institutions for managing them provide for the bill brought to the public yesterday (1.4.2024) in public consultation by the Ministry of Finance ( ). In particular, it provides that when more than one financial institution has or manages outstanding claims against the same debtor, in respect of…
Extensive checks at the Solidarity Fund for the former Agricultural Bank
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As a compulsory insurance institution providing one-off pension benefits, the Greek Workers’ Welfare Fund (ACE- ATE), is under the direct supervision of the Ministry of Labour and Social Security and the National Accounting Authority. These principles are entrusted by law with the assessment of the financial data and the viability of the Rural Bank Fund,…
HA: What changes in the taxation of stock products
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Changes to the stock market regime provide for the bill which he brought yesterday (01.02. 24) in public consultation, in particular, the bill of the Ministry of Finance with changes in taxation provides that the contract for the lending of shares listed on the Athens Stock Exchange, which takes place on an ex-bank basis and…
Power tariffs: April prices per company
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April’s ‘green’ forms at almost the same levels as those of March according to supplier announcements. Some of the electricity suppliers advanced to increases and others to reductions. In particular, the April electricity tariffs, as posted on the RAAYE website, are: ELINOIL 9.06 cents per kilowatt hour. Volterra 9.99 cents per kilowatt hour. Volton 10.54…
What changes the allowances and pensions of parents of childless and unmarried employees or military in an ordered service
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Changes in the status of compensation and parents of childless and single employee or military, deceased in an ordered service, predicts which the Ministry of Finance brought yesterday (1.4.2024) to public consultation. In particular, it is provided that the parents of the unmarried person with no children of an official or military official who has…
The April electricity tariffs
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April’s ‘green’ is almost the same as in March, according to the suppliers’ communications, some of which went on to increase and others to decrease. In particular, the April electricity tariffs, as posted on the RAAYE website, are: ELINOIL 9.06 cents per kilowatt hour. Volterra 9.99 cents per kilowatt hour. Volton 10.54 cents per kilowatt…
Depreciated debts: ‘Gun’ debt by taxpayers, insured persons and public sector
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The main problem of the Greek economy was and is the issue of large volumes owed to the IRS, insurance funds and from the State to the citizens. At best, this debt is regulated, at worst the repayment of dues is transferred to… calls. The image is embossed by the quarterly report of the Parliament…
Tax debts: The new landscape of the arrangements – Which cases are given 2nd chance
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It changes the landscape of the arrangements for the bill which it brought into force yesterday in the . According to the bill, payments against instalments of partial payment arrangements granted under a law or an administrative body decision and returns from withholding certificates where they have been carried out or carried out up to…
Farmers: Today paying 41m euros to 300,000 beneficiaries for agricultural oil
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Today, the advance of the Special Consumption Tax ( ) is paid to agricultural oil of EUR 41 million to 300,000 , as said yesterday (1.4.2024) by Kozani, Minister for Rural Development and Food, Lefteris Avgenakis, in an open discussion with representatives of rural associations in the region. The Minister, in addition to the advance…
CONTROL: Wind farms in forest protection
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They already contribute significantly to forest protection and forest firefighting and with appropriate measures and cooperation with authorities, they can contribute even more. This is the main conclusion of the event-debate organized by the Hellenic Scientific Association for Wind Energy (ELETAEN) as part of the 6th International Report Verde.tec, on the subject: “Forest protection, fire…
Baltimore – Lloyds: It could become the “greatest single loss in maritime insurance history”
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The collapse of the Francis Scott Key Bridge at its port could become the largest loss of sea to date. “The tragedy (ed. in Baltimore) has the potential to become the greatest single loss in maritime insurance history,” Bruce said Carnegie – Brown (Bruce Carnegie-Brown), president of the world’s largest insurance market, Lloyds, London. The…
Bloomberg: The real prospects of American debt are even worse than predicted
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The Congressional Budget Bureau warned in its latest predictions that their federal government is on course from 97% of GDP last year to 116% of GDP by 2034 – higher even than in World War II. The real prospects are probably worse. From tax revenue to defence spending and interest rates, the Congressional Budget Bureau…
USA: 58m euros losses in Trump’s media in 2023 – 21% fall in their share
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The former president’s media company damaged $58 million last year (about 54m euros today) at a turnover of approximately US$4 million, Handelsblatt notes. The data he published yesterday (01.04. 24) the company in Donald Trump’s media, Trump Media & Technology Group (TMTG) show at least an improvement in revenue compared to nearly $1.5 million in…
Voridis and Nezis, Jackie calls …Thessaloniki, because the price of petrol will rise, the first treatment in Velopoulos for Tempes, the resignations in EDASAAM, Tesla at Maximos Palace
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Ping pong SYRIZA asks the ND to commit itself to voting for the request for Preliminary Review against former Transport Minister Costas Karamanlis (if tabled). Government sources respond that according to the Constitution the request for Prerogation must first be submitted with a normal indictment and required number of signatures to examine it and decide…
Management Companies: How to inform borrowers – 18 services request new permission from TE
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The standards of electronic information they have from banks have since yesterday moved over 2.4 million with loans of EUR 91 billion, managed by the servicers. Meanwhile, 18 of the 23 management companies reportedly submitted an updated dossier The online platform for informing borrowers from the management companies now in place is a reform facing…
It is not (only) the interest rates that make gold shine. The threat of war remains a key reason for ‘revaluation’
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Undoubtedly last Monday’s holiday due to Catholic Easter, two were the news that gained international attention. One “speech” was Erdogan’s net defeat in Turkey’s municipal elections. No doubt this result has nothing to do with internal political developments in the country, but also – mainly – how Turkey’s foreign policy will be affected in the…
Tax Code: ‘Bellades’ for debtors – When they lose their right to regulate their debts
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The provisions determining when a debtor loses the right to his debt and is obliged to pay his full amount immediately , in accordance with the new Tax Code put in consultation with the Ministry of Finance bill from 31 March 2024 . The debtors to the State are many, with over 4 million citizens…
PPA: Intense Concern about the Red Sea Crisis
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Intense concern seems to be held by the Chinese major shareholders of the Piraeus Port Authority ( ) for what is happening in the (Huthi attacks on ships) which burden the financial figures of PPA and the prospects of the proposed one, at least for the duration of the crisis in Red. According to what…
At 10.8 minutes PPC’s green invoice for April
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RIC increase records its green (regulated) electricity tariff (C1/N1) for April, as it is 10.8 minutes per kilowatt hour for consumption of up to 500 kilowatts to domestic consumers. Similarly, consumption above this limit is charged with 11.8 minutes, while the night price is 8.2 minutes. PPC offers an increased 15% discount for April, compared…
Hatzidakis: No previous opportunities and funds for digital modernisation
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The four pillars of the government plan for the country, including the digital modernisation of the state, the support of businesses for the implementation of corresponding programmes, the encouragement of innovation and mergers and the training of human resources presented tonight by the Minister of National Economy and Finance, . Speaking to Thessaloniki in an…
Accuracy: ‘Freak’ price increases in supermarkets in milk and cheese
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Do they or do they not bear fruit in the measures of 1 March against accuracy? Lefteris Kyoses, his general manager, spoke to ERT about how their de-escalation on supermarket shelves is reflected with him expressing the view that “price increases in certain categories, such as dairy and cheese-making”. “Basicly what he went through is…
Tax debts: In consultation provisions for the maintenance and revival of debt arrangements
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Additional technical provisions on the draft law on the reform of the Tax Procedure Code of the Ministry of National Economy and Finance ( ) which is in public consultation by 8 April. The provisions concern the conditions for the maintenance and revival of the debt arrangements with a view to making them more lenient…
Farmers: The aim of the CAP changes to be made before the European elections is stated by Avgenakis
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The dialogue with them continues, stressed by Kozani the Minister for Rural Development and Food, while pointing out his determination to continue efforts to change the CFP, triggering all possible alliances, and his willingness to intensify market controls, especially in view of Easter holidays. The major issue raised by all the representatives of farmers was…
Eggenakis for farmers: The aim is to change the CAP before the European elections.
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The dialogue with them continues, stressed by Kozani the Minister for Rural Development and Food, while pointing out his determination to continue efforts to change the CFP, triggering all possible alliances, and his willingness to intensify market controls, especially in view of Easter holidays. The major issue raised by all the representatives of farmers was…
Ministry of Finance: In consultation provisions for the maintenance and revival of debt arrangements
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Additional technical provisions on the draft law on the reform of the Tax Procedure Code of the Ministry of National Economy and Finance ( ) which is in public consultation by 8 April. The provisions concern the conditions for the maintenance and revival of the debt arrangements with a view to making them more lenient…
IELKA: The increase in prices in supermarkets in milk and cheese
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Do they or do they not bear fruit in the measures of 1 March against accuracy? Lefteris Kyoses, his general manager, spoke to ERT about how their de-escalation on supermarket shelves is reflected with him expressing the view that “price increases in certain categories, such as dairy and cheese-making”. “Basicly what he went through is…
Ukraine: The collapse of the energy system is considered unlikely despite Russian attacks
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Its recent attacks have caused significant damage to its Ukrainian energy system, however it is unlikely to collapse completely, according to the statements of the head of the Ukrenergo National Electricity Network, Volontimir Kuntritsky. Russia has been attacking thermal and hydroelectric power stations since 22, as well as the central networks, almost daily. As a…
Moldova to buy American LNG from Greece
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For the first time today (1.4.2024) and tomorrow the gas company of Energocom will supply its consumers with test quantities of American liquefied (LNG), according to its announcement. Moldova relied almost exclusively on Russian gas under an agreement with the Gazprom State-controlled, but gradually began to intensify its diversification efforts, after Moscow’s full-scale invasion of…
U.S.: A 2 trillion-dollar debt “time bomb” Threat to Banks in Commercial Real Estate
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Serious risks are faced by American banks due to their exposure to $2 trillion of trade which will become due over the next three years, according to the real estate consulting and brokering company, Newmark. Newmark announced that the estimated US $2 trillion worth of commercial property debt ending between this year and 2026 should…
Budget Office: At 2.5% growth in 2024 – “Camp” for wages, investments and competitiveness
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A 2.5% achievement for 2024, but also points that should be taken into account mainly in terms of wage increases and the competitiveness of the Greek economy, highlights the House’s in its quarterly report. The Office of the Budget places the annual growth rate of the economy at 2.5% and 2.9% for inflation, however, pointing…
BlackRock: ‘Green light’ for equity investments and in the second quarter of 2024
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Positive on taking risks from shares and during the second quarter is BlackRock, according to her report. The investment bank “severes” in the decline of inflation, in the expectations of interest rate cuts and in strong corporate profits, considering that a favourable climate for investment is being created. Without excluding corrective movements in the short…
Digital Working Card: From 1 July its full application to industry and retail trade
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The Ministry of Labour and Social Security decided that its full application to undertakings falling within its branches and retailers should begin on 1 July 2024. This decision, which extended the application of the Digital Labour Card published in the Government Gazette, was taken taking into account market requests from industry and retailers. They now…
ASEP: The written examination on the positions of administrators and deputy hospital administrators was completed today
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Its written electronic examination was completed to cover the positions of Governors and Deputy Hospital Governors, with days held on Saturday, March 30, 2024 and Sunday, March 31, 2024, as announced by the Central Competition Committee. It is noted that the joint examination of the ASEP for the above invitations took place at the premises…
Stournararas (TTE): It is possible to reduce the maximum VAT rate 24%
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On the increase in competition, he was interviewed by his commander, Giannis Stournaras. As the Governor of the Bank of Greece points out in an interview with the First The theme ‘the large concentration also leads to high prices. That is why we see relatively higher prices in Greece than those in the Eurozone in…