Category: Uncategorized
Papathanasis: The energy upgrade of Zappeios Megaros is included in the NSRF
—
As Nikos Papathanasis stressed the project, at the Zappeion Megaron, total public expenditure of 8,104,629, 57 euros, which is part of the NSRF, relates to the energy upgrading and performance of the iconic building, from Category V to Category II, as well as its wider modernisation, by repairing and repairing damage to its infrastructure. Among…
ESF: ‘Green light’ to Greek banks for the first dividend distribution since 2008
—
With the blessings of the European Central Bank ( ) and the Single Supervisory Mechanism (SSM) it is expected to be made from the first dividend distribution to shareholders since 2008, according to Bloomberg sources. The dividend approved by the ECB, however, will not be equal to what the Greek banks planned, while the American…
DoValue puts economic literacy into our lives for the management of young people
—
The proper management of the family budget on a monthly basis is the permanent “pain-head” that each of us is asked to deal with. Which means that the revenue needs to be properly planned in order to cover costs, namely those incurred for our living (e.g. supermarkets-food), but also because of our fixed costs (e.g.…
DYPA: Until 5 April applications for the Employment Programme with an emphasis on the green economy and women
—
On Friday, April 5th, the deadline for submitting applications for funding for the “Business Grant Programme for employment of 5,000 unemployed persons aged 18-66 years , with emphasis on the green economy and women”, as 4,750 have already been covered , i.e. 95% of the total number of posts available. The aim of the ISPA…
Baltimore: How many ships are stuck and which businesses are affected
—
An important impact is expected to have the wreck of the Dali ship and the collapse of Francis Scott Bridge Key in particular in the trade in cars between – Germany and insurance companies. Insurance compensation for the collapse of the Francis Scott Key Bridge in Baltimore, USA last Tuesday (26.03. 24) could be one…
Baltimore: ‘Nark’ for Car Trade and Insurance Companies
—
An important impact is expected to have the wreck of the Dali ship and the collapse of Francis Scott Bridge Key in particular in the trade in cars between – Germany and insurance companies. Insurance compensation for the collapse of the Francis Scott Key Bridge in Baltimore, USA last Tuesday (26.03. 24) could be one…
By 12.7% private building activity decreased in December 2023
—
Its private was reduced 12.7% in December 2023, according to the Greek Statistical Authority (ELSTAT). More specifically, in December 2023 2,498 building permits were issued, corresponding to 611,618 m2 surface area and 2,857,625 m3 volume, showing an increase of 0.2% in the number of building permits, a reduction of 8.9% on surface and a decrease…
China – Australia: Improving relations after abolition of customs duties on wine exports
—
It improves its relationship with Australia, as Australian wine exports are abolished, according to a Bloomberg report. Today’s announcement (28.3.2024) by China to abolish customs duties marked the end of a three-year trade pressure campaign in Canberra and increased hopes of rejuvenation of the billion-dollar sector. At the same time, the trade industry has been…
DYPA: The results for professional training action using artificial intelligence
—
Posted today Thursday, March 28, on its website the final lists of successful, runner-up and excluded of the new online action professional and unemployed entitled “Personalised Education using Artificial Intelligence”. The training of workers and unemployed took place in order of priority and on the basis of the criteria laid down in the call for…
Baltimore: “Nark” for international trade in cars and insurance companies – How many and what loads have been stuck
—
An important impact is expected to have the wreck of the Dali ship and the collapse of Francis Scott Bridge Key in particular in the trade in cars between – Germany and insurance companies. Insurance compensation for the collapse of the Francis Scott Key Bridge in Baltimore (USA) last Tuesday (26.03. 24) could be one…
AADE: Opening of new services in Attica and Thessaloniki
—
By decisions of its Commander, George Pitsilis, the opening of the Centers for Tax Procedures and Service (KEFDE) and the Tax Services of Attica and Thessaloniki and the gradual transfer to them of the responsibilities of the current DOU. At the same time, the dates for the opening of the Centers for Capital Taxation (KEFOK)…
China: Real Estate Market Crisis also Hurts State Banks · Global Voices
—
The prolonged real estate crisis in corrodes the balance sheets of the country’s largest state, as their precarious loans are increasing, refers to a related Bloomberg report. According to the American medium, China Bank of Communications bank announced that its risk-free real estate loan index was ejected to 4.99% at the end of last year…
Athens Exchange: At 1,416.88 units the General Index, with a marginal drop of 0.05%
—
The Athens Stock Exchange meeting (28.3.2024) opened with small variations in share prices, while the General Index at 11:00 was formed at 1,416.88 units, recording a marginal drop of 0.05%. The value of the transactions is EUR 5,95 million. The high capitalisation index notes a slight decline in the stock exchange at 0.10%, while the…
E-commerce: The big winner of last year’s Black Friday is the kind of house
—
A series of Market Industry Reports for the launch of the Hellenic Electronic Trade Association (GR.EC.A) aiming to help electronic stores have a market reference point active through specific metrics and KPIs. The reports provide an overview of the E-commerce sector and in particular include trends and prospects, performance and predictions for the major electronic…
Athens Gas Sales: Why Fuel Price Increases
—
The rise of their honor and weakening of the industry in Northern Greece explains the President of Attica, Maria Ziaga at ERT. In particular, Maria Ziaga says that the petrol sales industry in Northern Greece dies because there the Greeks leave and go across Bulgaria and Turkey to buy cheap petrol, because in these countries…
I save 2023: Last deadline today for the applications for the second cycle of support for energy-sensitive households
—
They must rush directly within the next few hours to take advantage of the 2023 programme. It is recalled that “I save 2023” concerns the upgrading of the energy class of households by at least 3 energy categories (over 30% saving Primary Energy). The second cycle, which concerns income category 1, was “opened” with the…
Price stability risks due to climate change
—
Their rise could lead food inflation to a 3.2 percentage points increase and total inflation by 1.18 percentage points per year by 2035, according to news from the Potsdam Institute for Climate Impact Research (PIK) and the European Central Bank. Based on the new study, the impact extends to all nations, with hot areas and…
Chatter for POS: On 30 April the last deadline for the connection with cash
—
The end of April will be the final date for their interconnection with cash, as his spokesman Homer Tsapalos said in “Parapolitics 90.1”, according to ERT In particular, the Finance Ministry spokesperson said “Last deadline, and no further extension will be given, is April 30. So far, 135 thousand connections have been completed throughout Greece,…
‘ Career Day in Tourism’: Over 3,000 jobs available at the IPPA event
—
It is organized “in Tourism” on Saturday (30.3.2024), from , to the Peace and Friendship Stadium (SEF), from 10:00 to 18:00. In ” Career Day in Tourism” will be found by 100 hospitality companies, seeking workers for over 3,000 jobs. The entry is free and the statement of participation in the IUPA event is located…
Golden Visa: The competitiveness of the program is suspended according to the SAE
—
The competitiveness of the program is completely suspended from the proposed amendment, as stated in a letter by the Association of Anonymous and Entrepreneurship (SAIE) to the Minister of Finance, Kostis Hatzidakis and the Minister of Development, Kostas Skrekas, according to ERT. In particular, the SAE Property Committee and the Golden Visa Working Group report…
OPEKA: 18 allowances are paid tomorrow – Beneficiaries are detailed
—
The amount of EUR 282,240,214 will be received tomorrow (Friday 29/3) 1,196,448 beneficiaries through payment 18 , by . The Ministry of Social Cohesion and Family, with the supervised Welfare and Social Solidarity Agency (OPECA), informs that the allowances totaling EUR 282.240,214 will be paid. In particular, OPECA will pay the following allowances: Child allowance:…
Farmers – EU: Agreement on an extension of duty-free trade for Ukraine
—
They concluded yesterday (27.3.2024) in a compromise on the extension of duty-free trade for the year, EU Member States, as farmers across the bloc protest the imports of food from the warring country, according to a Bloomberg report. The agreement reached by the farmers in the bloc follows an interim agreement with the European Parliament…
IMF: The decline in Germany’s productivity requires a 1% reduction in ‘slow debt’ of GDP.
—
It faces some serious economic challenges, the resolution of which calls for ambitious reforms, says in a report by the International Monetary Fund ( ), with the adaptation of the limits of ‘soft debt’ being one of them in order to strengthen public investment and competitiveness. As Germany was the only G7 economy to shrink…
Labour Inspectorate: Over 14,000 checks brought fines of 8m euros from early 2024
—
Over 14,000 have been conducted or during the first quarter of this year, while 8m euros have been fined. “We will show no tolerance to those who violate labour legislation. All employees must be paid and paid during working hours. Minute less. That is the rule and we will not allow any derogation.” This was…
ADE: In ‘police’, real estate targeting transfers
—
In “police” will be found from and especially from the transfers, and with two “perfects”, one in Athens and the other in Thessaloniki. The aim of the “services” of ADE is to monitor closely all stages and tax procedures, as well as the proper application of the legislation on real estate transfers, according to ERT.…
Answers to ‘conspiracy scenarios’, Mitsotakis covers Karamanlis, Egnatia, Igoumenitsa and… node, the ongoing sins of OSE and the sudden mobilisation for the digitization projects of the Recovery Fund
—
Answers to ‘conspiracy scenarios’ Determined to use high tones and speak harsh language by disproving conspiracy scenarios – as the government calls them – concerning the national tragedy of the Tempes, and scratching the wounds of the victims’ relatives, is Prime Minister Kyriakos Mitsotakis. He will be the last to step up the House at…
Seeks the luxury residences of the powerful players of the real estate
—
Intense is the turn of both the AEAPs and the powerful developers in the luxurious residential, as the demand for Greek and foreign buyers is constantly rising. This results in strong players’ portfolios “fill” premium properties, which can give them significant returns and revenue. A typical example is Prodea, which has recently opened up residences,…
Germany: Damages Will First Record Corporate Coliseum of Marketing of Agricultural Products
—
is expected to record for the first time the company’s trading giant for agricultural products in BayWa. Due to the turmoil in the raw material markets and high interest charges, the presentation of the balance sheet on Thursday (28.3.2024), Germany’s largest retailer of agricultural and building materials, BayWa is predicted to show for the first…
Chapter III: In the final stage, the Greek Development Bank programme for small and medium-sized enterprises
—
The launch of TEPIX III, the Greek Development Programme (HDB), is rapidly approaching, aiming to give a “breath” to small and medium-sized enterprises seeking funding on favourable terms. Just two days ago, on Tuesday (26.3.2024) the deadline set by HDB in its invitation to banks ended in order to express interest in their participation in…
Questions and rather ‘easy’ answers to the ECB’s interest rates and the euro’s ‘dependence’ on the dollar
—
In recent days, although we were still far from June, in domestic and international media, script reports are “crazy” as to whether the ECB will start reducing interest rates from April or June. If there will be four, as Mr Stournaras predicted, or three, as other colleagues in the ECB’s Board of Directors predict. Whether…
ADE: Extension until 2 April for payment of debts due to special bank holidays
—
The extension of the payment deadline due to the special bank holiday that imposes the Passover of Catholics announced it and the Independent Public Revenue Authority (AED). The announcement of the Ministry of Finance and AADE points out that the deadlines for payment of debts and installments are extended due to Catholic Easter, until 2…
Ministry of Agriculture and Forestry: Extensions of payment deadlines due to a special bank holiday
—
The Independent Public Revenue Authority (ADE) officially announced today the extension of payment deadlines due to a special bank holiday. In particular, the announcement of the Ministry of Finance and the AADE notes that the deadlines for payment of debts and instalments are extended due to a Catholic Easter, until 2 April 2024. In detail…
EU: Agreement on imports of Ukrainian products
—
An agreement on imports of products was reached by its ambassadors (EU). In particular, they agreed on a new compromise on the extension of trade measures for Ukraine, ensuring a balanced approach between support for Ukraine and the protection of the European Union’s agricultural markets, the Belgian Presidency of the Council says on its post…
Benefits for Greece by facilitating trade and transport in the Western Balkans
—
Western Balkan countries, led by Albania, asked the World Bank to support their regional integration agenda and speed up convergence towards the EU single market and for this purpose, the World Bank prepared a cross-sectoral and transnational project facilitating it and transport (TTFP2.0). TTFP 2.0 supports not only the integration of the Western Balkans into…
Ministry of Finance: Greece first in increasing real GDP per capita in Europe
—
Data for 2023 reported (a) in real GDP per capita (Real GDP per capita) and (b) in per capita in purchasing power plants (GDP per capita in PPS) were published by the European Commission, as reported in a communication by the Ministry of Finance ( ). HYMIC points out that, in terms of the first…
Commission: Social inequalities in Greece are rising – At a serious delay 30% of its citizens in 2022
—
While in the European Union (EU), the previous years took the downside, in Greece, as in France, internal inequalities were strengthened because the increase in per capita GDP in the poorest regions was particularly low, according to its 9th Cohesion Report. In addition to Greece and France, the Commission notes, in some other Member States,…
Athens Stock Exchange: Close by 0.35% for the General Index, at 99.53m euros per turnover
—
Mild fall recorded their prices at the closing of the Athens meeting today (27.3.2024), although initially they moved upwards, with the market retreating below the level of 1,420 units. At the same time, the General Index closed at 1,417.59 units, dropping 0.35%, while intra-sessionally recorded a higher value at 1,431.22 units (+ 0.61%). The value…
Uniforms: What applies to the calculation of the life insurance period
—
According to e-EFKA, the provisions of No. 23 of Law 4997/2022 occupy only the active officials of the Armed Forces, the Greek Police, the Fire Corps, as well as the Greek Coast Guard Port Corps, and therefore do not concern retired personnel. It is also noted that the above provisions do not take over those…
Easter Cart: It comes in April – It does not change products
—
In the next period, “the ” is expected to be implemented, as Minister of Development Costas Skrekas pointed out, speaking to Open. It may apply on 24 April, but this will be confirmed by ministerial decision. In fact, there may be no change in the “Easter basket”, which last year contained lamb, goat, fish, and…
Eurostat: The 7th lowest average hourly labour costs in the EU had Greece in 2023
—
The 7th lowest hourly labour costs in the European Union (EU) In 2023, it recorded significantly lower than the European averages, according to its communication today (27.3.2024). According to Eurostat data, in 2023, net wage costs are still at a lower point, 5th place from the end, with an hourly wage of EUR 12.7. Overall,…
Easter Cart: It comes a few days before Easter – No change in products
—
A few days before Easter, “as Minister of Development Costas Skrekas pointed out, ” talking to Open, is expected to take place. It may apply on 24 April, but this will be confirmed by ministerial decision. In fact, there may be no change in the “Easter basket”, which last year contained lamb, goat, fish, and…
Eurostat: The 7th lowest average hourly labour costs in Greece in 2023
—
The 7th lowest hourly labour costs in the European Union (EU) In 2023, it recorded significantly lower than the European averages, according to its communication today (27.3.2024). According to Eurostat data, in 2023, net wage costs are still at a lower point, 5th place from the end, with an hourly wage of EUR 12.7. Overall,…
Farmers: ‘Green light’ for the 50% advance of compensation for the 2023 fires
—
Within the next few days , EUR 15,67 million will be paid through the ELGA to over 2,100 beneficiaries , as part of the plant capital damaged by the summer fires of 2023. Specifically, as stated in the Ministry of Finance’s communication on compensation, the implementation of the framework for the support of farmers who…
‘Digital Transactions’: The issue of vouchers for project beneficiaries has begun
—
Active is the procedure for issuing cheques ( ) for the Beneficiaries of the First and Second Cycles of Energy Categories 5 and 6 of the Program III “Digital” of the Ministry of Finance. For the issue of “Digital Transactions” vouchers, each beneficiary should enter his account on (on the Electronic Funding Application Platform) and…
Baltimore: Concerns About Rise After Bridge Collapse
—
Limited are fears of a new eject of them after the container ship’s impact on its bridge. Baltimore plays an important role in the country’s supply chains as the port is the leading managing body for maritime imports of vehicles to the US, with more than 847,000 cars and light trucks registered last year, however,…
Japan: Possible Intervention in Foreign Exchange Markets After Gen.
—
Her willingness to intervene in the foreign exchange markets, warning investors, said the post-slip of the yen to a low of 34 years over the dollar, according to a Bloomberg report. The national currency sank to 151.97 against the dollar earlier today (27.3.2024), beyond the level at which policy makers intervened during October 2022, before…
‘Economy – Business’: Applications shall be extended until 15 April.
—
The submission for the programmes of the Ministry of Environment and Energy “I am changing a device for business” and “Improving the energy efficiency of enterprises in the tertiary sector”, implemented under the Action ” – Businessing” of the National Recovery and Durability Plan Greece 2.0 with the funding of the European Union – NextGenerationEU.…
Germany: Review Down Their Forecasts and Growth Think-tank s
—
Its top economic institutes said today (27.3.2024) that they expect the country’s economy to grow at a rate of 0.1% in 2024, reviewing their previous forecast of 1.3%, as higher interest rates, weak global demand and political uncertainty hit the hopes of stronger . Germany’s institutes now predict that gross domestic product will increase by…
Germany: Review Down Their Forecasts and Growth Think-tank s
—
Its top economic institutes said today (27.3.2024) that they expect the country’s economy to grow at a rate of 0.1% in 2024, reviewing their previous forecast of 1.3%, as higher interest rates, weak global demand and political uncertainty hit the hopes of stronger . Germany’s institutes now predict that gross domestic product will increase by…
DBRS: Growth 1.5% predicts for Greece in 2024 and 2.3% in 2025
—
Growth 1.5% predicts for the fourth largest rating house in the world, Canadian Morningstar, a forecast slightly higher than 1.3% of December 2023. For 2025 DBRS estimates that Greece’s growth will increase at 2.3%, higher by 0.3% than 2% of December. Please note that the aim of the Greek government contained in the 2024 budget…
Eurostat: A rising economic climate in Greece in March – A decline in retail trade and construction
—
It was moved up to Greece in March, according to research data published by the European Statistical Office ( ) on Wednesday (27.3.2024) for EU Member States. Eurostat, with regard to Greece, has experienced an increase in the economic climate of 3.5 units, from 104.9 points last month to 104.4 points in March. ‘Black points’…
Calling Shi Jinping to American businessmen to invest in China
—
He met yesterday (26.3.2024) in Beijing with representatives of the Americans, Chinese President Shi Jinping, as she tries to gain economic confidence and maintain relations with the US on a firm basis, according to a Bloomberg report. Among the American entrepreneurs of the strategy and academic community, met by the Chinese leader was found Stephen…
ODD: 812.5m euros were drawn at an interest rate tender with a yield of 3.75%
—
The amount of EUR 812.5 million was raised on Wednesday (27.3.2024) by the Greek State after an auction carried out by the Public Debt Management Agency ( ). The tender of the DDIX concerned interest notes of 26 weeks, of EUR 625 million with the return was set at 3.75%. Total bids of EUR 1,046…
February Tax: A draw took place – See if you won up to 50,000 euros
—
It took place today (27.3.2024) or for February, according to the announcement of the Independent Public Revenue Authority ( ). The draw of the tax-taking of AADE took place for transactions made in February 2024. It is noted that one of the lucky prizes of taxation earns up to 50,000 euros, while the prizes are…
Retired Olympic: EUR 4,600 is paid retroactively on average
—
His administration informs that today (27.3.2024) amounts of 29,889 are credited to 6,465 of the former Olympic Air Force. EUR 555.15 million, relating to retroactively from a pension recalculation. Therefore, each of these pensioners will receive around EUR 4,600 on average from e-EFKA. It is noted that the recalculation operation is particularly difficult and time…
Tourism for all 2024: Applications continue until Monday, April 1
—
The electronic platform for submission for financial support under the programme ‘2024’ is open. The application platform ( ) for “Tourism for All 2024” will remain open until Monday, April 1, 23:59. The amount of the aid – which can reach EUR 400 – can be used by the beneficiaries for accommodation in tourist accommodation…
February Tax: The draw took place – See if you won
—
It took place today (27.3.2024) or for February, according to the announcement of the Independent Public Revenue Authority ( ). The draw of the tax-taking of AADE took place for transactions made in February 2024. It is noted that one of the lucky prizes of taxation earns up to 50,000 euros, while the prizes are…
Farmers: What the markets forecast for corn, soy, sugar, orange and cotton prices
—
Provisions for the prices of corn, soy, sugar, orange juice and cotton include the third Price Bulletin for 2024, Piraeus Bank. An increased willingness to take risks prevailed in the global investment community, at monthly level, with the stock markets recording significant profits, as financial data in the US is still satisfactory, with the 3rd…
FHW – GSEVEE: Significant decline in the second half of 2023 for the Economic Climate Index
—
This was reflected in FHW’s survey of the second half of 2023. In particular, the Economic Climate Index of small and very small enterprises, following the significant aid recorded in the second half of 2022 (66.5 units) and the mild retreat in the first half of 2023 (66,7 units), declined significantly in the second half…
Athens Stock Exchange: Rise 0.53% for the General Index – Hypotonic climate in Europe
—
At the opening of today’s meeting (27.3.2024) stock prices recorded upward trends, while the General at 11:00, it is formed at 1,430.07 units with a rise of 0.53%. At the same time, the value of transactions is EUR 5.19 million. The stock exchange’s high capitalisation index is rising to 0.57%, while the mid-capitalization index is…
Banks: Interbank holidays on 29 March and 1 April due to universal Easter
—
A holiday between them will be 29 March and 1 April due to a Catholic Easter, according to an official announcement from the Greek Banking Association. The trans-European automated long-term capital transfer system (TARGET) will be closed for transactions between banks on 29 March and 1 April 2024, Good Friday and the second day of…
What the new regulation provides for for those who have due dues
—
New rules on when a consumer will be free to change the provider into introducing the proposal of the Energy Regulatory Authority ( ) put into consultation. In particular, RAAEF gave to public consultation yesterday (26.3.2024) the changes to the Power and Natural Gas Supply Code based on RIS proposals, where the new regulation for…
Germany: Civil War for the Week of 35 Hours After the Railway Agreement
—
“Fire” has again taken public debate over 35 hours in , after the agreement between the German (Deutsche Bahn) and the railway union. Specifically Deutsche Bahn and the German Railway Workers’ Union agreed on the evening of last Monday (25.03. 24) after a week dispute to reduce working hours to 35 hours by 2029. However,…
FINANCES – Tax declarations: The motion of impeachment in the government “trains” income statements and clearing posts
—
‘ He trains” the submission and posting of his liquidators the motion of censure against the government by the opposition. According to ERT, while the weekend was scheduled to begin the process of submitting tax returns and following the suspension of the clearings of the ENFIA, the plan is overturned. According to information, the property…
Because the current ejecting of cocoa, olive oil and orange juice prices is only the beginning
—
Extreme weather phenomena increasingly lead to crop failures, such as in , which today is more expensive than ever and for this reason its officials are preparing for a food crisis in a stress test, according to a report by Handelsblatt. Cocoa prices in Frankfurt reach one high record after another and make it more…
Stournaras “complains” … oligopolys in food, health, fuel and… banks (!)
—
It is not the first time that Mr. Stournaras has become extremely revealing in interviews and statements, while being perfectly clear about what he says. Recently speaking of the ECB’s intentions – as pointed out in the Eco-clastics – it has betrayed the markets that in 2024 or in fact at the end of 2024…
The “front” that broke with the morning, the 24 exits to Anna Michelle, the climate in the market after the proposal of mistrust, the battle of PPC – NRG for chargers, the mysteries of Q&R and the “strong poles” of IT
—
Before you speak. At the time that PASOK tabled the motion of mistrust against the government with the signatures and MPs of SYRIZA and Nikos Androulakis was at the plenary stage to develop the reasoning, Koumoundourou sent the article by President Stefanos Kasselakis, who demanded the parliamentary process. He estimated that he would develop into…
Because ejecting the prices of cocoa, olive oil and orange juice has just begun
—
Extreme weather phenomena increasingly lead to crop failures, such as in , which today is more expensive than ever and for this reason its officials are preparing for a food crisis in a stress test, according to a report by Handelsblatt. Cocoa prices in Frankfurt reach one high record after another and make it more…
‘No’ of Greece in reducing CO2 emissions by 90% by 2040 – calls for additional support from Brussels
—
To its limits it seems that our country’s climate ambition has reached, judging by what he said on Monday (25.3.2024) to the Secretary General of RIS, Petros Varelidis. During the Environment Ministers meeting, he stressed that Greece is against the new objective proposed by the Commission to reduce greenhouse gas emissions by 90% by 2040.…
Superfund: About Easter is expected the contested bill – “In the wild” procedures
—
“A little before” or “just after” Easter is expected to bring the financial staff the bill for , they report its sources to . However, the planning of the Transfund may be overturned as the intense workload for a number of issues “run” at this time by the Ministry of Finance, makes planning difficult, making…
Ukrainian electricity imports increase after the last wave of Russian attacks
—
Daily imports will rise today for 2024 after the last wave of Russian missile attacks on critical infrastructure that caused damage to production and distribution resulting in blackout in many areas, the Ukrainian Energy Ministry reported today (26.3.2024). The attacks, the largest of which occurred on Friday (22.3.2024), caused major damage to electricity production and…
Eggenakis for CAP change: “Good development, but not enough”
—
A good development, however, which is not enough to cover their concerns, was described by the Minister for Rural Development and Food, the current decisions of the EU Council of Ministers meeting in Brussels on CAP changes in an interview with ERTnews. An assessment by Lefteris Avgenakis is that the coordinated work done in the…
Athens Stock Exchange: Fall 0.19% – At 135.84m euros
—
With a mild retreat the stock prices were closed in today’s meeting (26.3.2024) . Since the high capitalization, Saranti, Greece and the National Bank have been oversold, while Elvalhalcor, Alpha Bank, PPC and OTE titles have been pressed. The General Index on the Athens Stock Exchange retreated to 1,422.51 units, dropping 0.19%. Intersessionally moved in…
In public consultation amendments to the electricity and gas supply code
—
The Energy Regulatory Authority ( ) has publicly consulted the amendments to the provisions of Articles 39,42, 15, 18 and 28 of the Supply and Gas Code for the submission of a RAAEF opinion on the supplier change framework. RAAY notes that the proposed arrangements for a new supplier change framework are intended to meet…
New Street: Highway Traffic Settings Athens – Thessaloniki – Evzona
—
Traffic arrangements will apply in Athens – Thessaloniki – Evzona (A.T.E.) for the purpose of carrying out insurance. Wednesday 27 March at 07:00 until Friday 29 March at 21:00 and will take place in two phases. Phase A – Insurance work in the right lane and the Emergency Strip (L.E.A.) Specifically, the right lane and…
The IDOE dismantled a network of frauds in Northern Greece – In the “faca” companies for “bobes” drinks and “monkey” products
—
Virtual companies referring to a criminal organisation, infringements of labour and insurance legislation, withholding taxable matter, adulterated drinks and a multitude of counterfeit products have identified, among other things, when carrying out checks across the country of the Directorate-General. Furthermore, the auditors of the IRS in cooperation with Europol have dismantled a fraud ring in…
SDOE: Mass of infringements detected auditors in the first quarter of 2024
—
Virtual companies referring to a criminal organisation, infringements of labour and insurance legislation, withholding taxable matter, fraudulent drinks and a variety of counterfeit products have identified, among other things, when carrying out checks across the country of the Directorate-General. Furthermore, the auditors of the IRS in cooperation with Europol have been dismantled a fraud ring…
Bank of Greece: Tourism receipts increased by 27.1% in January
—
Enhanced tourist receipts due to their increased movement in our country recorded or in January, with Americans, Germans and French showing their strong preference in Greece. Specifically, according to the data of the Bank of Greece, the number of travelers who visited our country in January reached 737,3 thousand. This development resulted in revenue from…
Child allowance OPEKA A21: On Friday the first two months of 2024
—
Next Friday (29.03.24) will be paid this year its first bi-monthly installment by . A21 granted by OPECA concerns the first two months of 2024 (January – February 2024) and its amount is determined by the income declared by the beneficiaries for 2022. Child allowance (A21) It is granted by the first child and the…
Bank of America: “Separate” Eurobank and Piraeus Bank by recommending “market” their shares
—
The purchase of their shares and Piraeus Bank (BofA), at the same time as maintaining a reserve position for the National Bank and Alpha Bank with an underperform recommendation. Bank of America, however, explains that its stance on the four Greek systemic banks is in balance, “separating” Eurobank as more profitable and Piraeus Bank as…
France: The fall in tax revenue caused the budget deficit to widen in 2023
—
Enlargement of the budget deficit above the targets for 2023 recorded by it , strengthening pressure on the government of Emanuel Macron. The deficit in France’s economy rose in 2023 to 5.6%, surpassing estimates for 4.9%. According to French Finance Minister Bruno Lemer, the expansion of the deficit is due to the fall in tax…
Farmers – EU: The Council of Ministers supports the targeted review of the CFP
—
It was adopted today (26.3.2024) the revision of its basic instruments by the representatives of the Member States in the special Committee on Agriculture, which the European Commission has proposed in response to the concerns expressed by . Through the review, problems arise, for example, with the implementation of the strategic plans of the CAP,…
New jump in cocoa prices – Over $10,000 per tonne
—
They exceeded the $10,000 record per tonne futures for it, expanding a historic rally that has already led to a doubling of this year and will increase the cost of chocolate for the entire 2024, according to a Bloomberg report. Bad crops in West Africa have brought the world into orbit for a third consecutive…
Swiss Re: Natural disasters cost US$108 billion to insurance companies in 2023
—
280 billion dollars caused natural disasters in 2023 in the world, of which $108 billion was covered by it, according to Swiss reinsurance company Swiss Re, which predicted that their height could double in 10 years. Compared to the previous year, the amount of losses and coverage by insurance companies declined, as in 2022 their…
Eurostat: The second lowest purchasing power in Europe has Greeks
—
Second since the end of the 27 countries of the European Union ( ) Greece was found in 2023 in terms of the index of per capita gross domestic product ( ) expressed in purchasing power standards. Bulgaria from all EU countries (average 100) held the last place in GDP per capita with 64 points,…
Farmers: The Government’s 4 proposals at the meeting of European Agriculture Ministers
—
Proposal to hold a meeting of the Ministers for Agriculture and Fisheries of the European People’s Party (2) in Greece, before the European elections, in order to coordinate their action, in view of the changes in the CFP, the Minister for Rural Development and Food, presented at the meeting of the relevant Ministers of the…
EU: The 2nd lowest per capita GDP Greece in 2023 – In “tartars” the purchasing power of Greeks
—
Second since the end of the 27 countries of the European Union ( ) Greece was found in 2023 as regards the index of per capita gross domestic product ( ) expressed in purchasing power standards. Bulgaria from all EU countries (average 100) held the last place in GDP per capita with 64 points, and…
Five awards for New Street and Central Street at Green Brand Awards
—
The and the Central Road demonstrate daily and practical that environmental protection and the implementation of innovative investment is a strategic choice and firm commitment. This consistency and its results are once again recognized within the Green Brand Awards. The New Street and the Central Street were acquired in the context of this institution organized…
Minimum wage: What the final outcome of the JEP provides for the increase from 1 April
—
4% – 5% suggests for the final result of the KEPE (which is in the hands of the Minister of Labour, Mrs. Domnas Michailidou), according to his safe information . This proposal to increase the minimum wage (which the Prime Minister will announce tomorrow) is based on the fact that all the social partners agree…
Budget: Strong primary surplus January – February with boost from tax revenue
—
Positively started the year for the Greek economy as the revenues of January-February expanded the primary over the goals of the 2024 exhibition. The tax revenues that exceeded the target by almost EUR 900 million, although slightly lower than the provisional data, mainly due to the collection of the income tax payments, but also revenue…
Argentina: Reductions in private sector wages in December
—
More than ever in three decades private sector wages have declined in Argentina, following the devaluation of President Javier Millay’s currency, according to a Bloomberg report citing a new government report published in March 2024. According to the report Argentina’s wages fell by 11% in December compared to November, when adjusted for inflation, the largest…
Athens Exchange: At 1,426.42 units the General Index, with a marginal rise of 0.09%
—
Small variations recorded their prices in Athens’ opening meeting today (26.3.2024), while the General Index at 11:00, is formed at 1,426.42 units with a marginal rise of 0.09%. At the same time, the value of transactions is EUR 15.67 million. The high capitalisation index is taking a marginal fall of 0.04% on the stock market,…
India: ‘Bloco’ in Russian Oil from Penalties on Tank Ships · Global Voices
—
They stopped accepting its refineries, which is transported by tankers of PJSC Sovcomflot due to American sanctions, further complicating the trade that has flourished after the invasion of Ukraine two years ago, according to a Bloomberg report. Private and state producers, including the largest – Indian Oil Corp. – have stopped receiving shipments of Russian…
India: “Block” on Russian oil from the Giant tanker on which sanctions were imposed
—
They stopped accepting its refineries, which is transported by tankers of PJSC Sovcomflot due to American sanctions, further complicating the trade that has flourished after the invasion of Ukraine two years ago, according to a Bloomberg report. Private and state producers, including the largest – Indian Oil Corp. – have stopped receiving shipments of Russian…
NSRF: Occupational experience action for 25,000 unemployed young people 18 – 29 years old
—
The incorporation of action in 2021 – 2027 on training with a budget of 200m euros is announced by the Minister of Labour and Social Security, Mrs. Domna Michailidou and the Deputy Minister of National Economy and Finance, Mr. Nikos Papathanasis. The action, which is part of the ESDP’s Human Resources and Social Cohesion programme,…
ESDP: Occupational experience action for unemployed young people with a budget of EUR 200 million
—
The incorporation of action in 2021 – 2027 on training with a budget of 200m euros is announced by the Minister of Labour and Social Security, Mrs. Domna Michailidou and the Deputy Minister of National Economy and Finance, Mr. Nikos Papathanasis. The action, which is part of the ESDP’s Human Resources and Social Cohesion programme,…
VAT changes from 1 January 2025 – What the EU Directive provides for
—
Changes in the scope and limits for the exemption of small enterprises provide for a directive of the European Union (2) which provides that the relevant provisions should be adopted and published by Member States by 31 December 2024 in order to apply the changes provided for in the Directive from 1 January 2025. The…
Tomorrow announcements about raising the minimum wage from 1 April – Scripts for 830 euros mixed
—
Tomorrow (27.01.24) Prime Minister Kyriakos Mitsotakis will announce its height, which will be valid from 1 April 2024. Information indicates that the final outcome of the JEP, after consulting scientific bodies and social partners, provides for an increase in the minimum wage of 4% – 5%. Reminded as it has revealed , the proposals that…
The development of RES in recent years in Greece – What the electric system will look like in 2030
—
Successive jumps take place year after year in Greece the production of electricity from (RES). As shown in the chart below, since 2018-2019 there has been a significant rise in installed power with a spearhead of photovoltaics. It is indicative that for this year the forecast is to add about 2 more GW of new…
The development of RES in recent years in Greece – What the electric system will look like in 2030
—
Successive jumps take place year after year in Greece the production of electricity from (RES). As shown in the chart below, since 2018-2019 there has been a significant rise in installed power with a spearhead of photovoltaics. It is indicative that for this year the forecast is to add about 2 more GW of new…