Category: Uncategorized
EU Summit: Kiev military support and sanctions against Moscow divide European leaders
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With three basic “aghathias” starts today (21.03. 24) the two-day summit of the European Union ( ) in Brussels, with the key – but not only – issue of its support . Military support in Kiev, sanctions in Moscow and enlargement will concern European leaders. In fact, according to Welt, since the outbreak of the…
Gold: New record history surpassing $2,200 an ounce
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His price recorded today Tuesday (21,32024) new history surpassing $2,200 an ounce, enhanced by the prospect of interest rates being reduced this year, confirmed yesterday, Wednesday, by the American central bank. Gold reached $2,220 an ounce, according to Bloomberg agency, thus surpassing previous records recorded in March. Since mid-February, the price of precious metal has…
Over EUR 7.5 billion will be saved by consumers through new island electrical interconnections
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According to the new ten-year development plan submitted by the administrator yesterday in consultation, the total benefit in the years from 2025 to the mid-century that we are going through is 7.5 to 10.5 billion euros. These are important amounts that consumers are currently spending so that these islands can have energy self-sufficiency using expensive…
EXP: The new scheme contributions for farmers – owners of tourist accommodation
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The new insurance scheme of the , which are also owners of tourist accommodation clears its circular . In particular, the circular of the e-EFKA states that by the new provisions the insurance framework of the tourist accommodation owners is now formed that the owners of tourist accommodation of up to 10 rooms, throughout the…
ADE: 72,885 checks are coming by the end of the year – In the ‘target’ properties and cases of high delinquency
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Its control mechanism (AED) is steamed, as with its last circular, it returns to this year’s tax plan, giving specific directions. Real estate acquisitions, parental benefits, inheritances and donations, cases that are set at the end of the year, but also cases that combine high delinquency and high chances of collecting taxes and fines, will…
2024, the year of the greatest impervious liquidity in system history, signing Fed, BoJ, ECB
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The last 24 hours undoubtedly the two most important events that shape international – consequently domestic – economic conditions, are on the one hand the decision of the Central Bank of Japan (BoJ) to abandon monetary relaxation policy. And on the other hand, the “explainations” given yesterday by the head of the Fed Mr Powell,…
The number of barren auctions decreased in the first months of 2024
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The number of them made through the electronic platform eauction.gr appeared reduced in the first two months of 2024 in Greece, as a total of 5.593 were carried out, as opposed to 2022 which reached 6.377. Most property auctions were held in Attica and related to residences, but only 37% were successfully completed, an increased…
Over EUR 7.5 billion will be saved by consumers through new island electrical interconnections
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According to the new ten-year development plan submitted by the administrator yesterday in consultation, the total benefit in the years from 2025 to the mid-century that we are going through is 7.5 to 10.5 billion euros. These are important amounts that consumers are currently spending so that these islands can have energy self-sufficiency using expensive…
Europe clouded and reduced photovoltaic production in February
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Their electricity fell significantly in February, as a result of increased clouds observed on the continent. According to an analysis carried out by Solcast, photovoltaic electricity production declined by 35% in the Netherlands, 31% in Belgium, 19% in France, 17% in Germany and 13% in Britain compared to the average for this month. Smaller reductions…
Greek: How to change the coastal front of Saint Cosmas Marina with 300 mega yachts
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Another step was taken to implement one that will contribute to the reform of the Athenian Riviera, as recently the Ministry of Environment and Energy published the Strategic Study of Environmental Impacts for Marina Agios Kosmas’ work on its coastal front. In this coastal part of Greek, with a sea area of 528 acres and…
New changes to Gymnasiums and High Schools, the parade of Private Kasselakis, the war of mayors – manufacturers for the bonus of height and squares of NOK and the battle of Cyprus for electrical interconnection
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The Gavroglu carving “Put an end to the gavroglu loosening”. With this phrase government source described the tightening up of the function especially of high school. Minister of Education Kyriakos Pierrakakis and Deputy Minister Zetta Makris, who has primary and secondary education, are preparing to overthrow the policy of former Minister of Education of Syriza.…
US: Fed keeps interest rates frozen – Three reductions are expected by the end of 2024
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The U.S. Federal Bank ( ) maintained firmly , as announced today (20.3.2024), after the end of the two-day meeting. Fed’s interest rates remained in high two decades, ranging between 5.25% – 5.5%, as they had been formed since last July during the last move to tighten monetary policy by the officials of the competent…
US: Keeps interest rates frozen for the 5th consecutive month Fed – Three reductions come within 2024
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Fifth successive pause in its fluctuations was struck by the US Federal Bank (), as announced on Wednesday (20.3.2024), after the end of the two-day meeting. Fed’s interest rates remained in high two decades, ranging between 5.25% – 5.5%, as they had been formed since last July during the last move to tighten monetary policy…
Fed: Thursday streak “pause” at interest rates – Three reductions come within 2024
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Fifth successive pause in its fluctuations was struck by the US Federal Bank (), as announced on Wednesday (20.3.2024), after the end of the two-day meeting. Fed’s interest rates remained in high two decades, ranging between 5.25% – 5.5%, as they had been formed since last July during the last move to tighten monetary policy…
Athens Stock Exchange: Rise 1.02% for the General Index – At 139.99m euros the turnover
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They recovered their prices at today’s meeting, with the market recovering a significant part of yesterday’s losses, returning above the level of 1,410 units. At the heart of interest were bank shares. The Exchange’s General Price Index closed at 1,417.72 units, rising 1,02%. The value of transactions amounted to EUR 139,99 million, while 35,502,525 shares…
April Pensions: Early than 25 March payments to selfemployed persons
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Before March 25, pensioners will see the month of April from the funds of the selfemployed, according to ERT reports. However, the holiday does not bring pension payments for retired employees sooner, resulting in several days between the two payments. In the coming period, the provision for the automatic completion and submission of the tax…
TTE: EUR 1.5 billion of primary government budget surplus was reduced in the first two months of 2024.
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In the two months of January – February 2024 on a cash basis, compared to the corresponding period last year, according to a report from the Bank of Greece. The primary surplus of the State Budget this year was €2.1 billion compared to € 3.7 billion in the respective period last year. As regards the…
Earlier than 25 March April pensions
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Before March 25, pensioners will see the month of April from the funds of the selfemployed, according to ERT reports. However, the holiday does not bring pension payments for retired employees sooner, resulting in several days between the two payments. In the coming period, the provision for the automatic completion and submission of the tax…
‘MyAade app’: George Pitsilis showed step – step how the application will work
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In operation and ready for ‘downfall’ is its new for taxpayers, the ‘MyADE app’, which aims to ‘solve’ hands on debt payments, debt control, providing tax calendar and smartness services. The presentation of the MyADE app for taxpayers was carried out by AADE commander George Pitsilis, with the presence of the leadership of the Ministries…
Pitsilis showed step – step how myADE app will work
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In operation and ready for ‘downfall’ is its new for taxpayers, the ‘MyADE app’, which aims to ‘solve’ hands on debt payments, debt control, providing tax calendar and smartness services. The presentation of the MyADE app for taxpayers was carried out by AADE commander George Pitsilis, with the presence of the leadership of the Ministries…
Pitsilis (ADE): ‘Appanthou’ access to tax services
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In operation and ready for ‘downfall’ is its new for taxpayers, the ‘MyADE app’, which aims to ‘solve’ hands on debt payments, debt control, providing tax calendar and smartness services. The presentation of the MyADE app for taxpayers was carried out by AADE commander George Pitsilis, with the presence of the leadership of the Ministries…
SUBIC: By 31 March the digital information platforms of the borrowers must operate by the servicers
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By letter sent yesterday (19.03.2024) by the Secretary-General for Finance and Private Debt Management, God Alabama, to credit institutions, reminds, on the basis of the relevant legislation, of their obligation to launch a special digital information platform for borrowers to provide personalised information by 31 March 2024. In order to ensure the rights of borrowers…
Average price decrease of 17% from present to 100 product period
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Mesostational reduction 17% at initial prices in 100 products is recorded from today (Wednesday 20 March 2024). These products are added to those categories that since 1 March – as announced by Minister of Development Kostas Skrekas – are included in the intervention that limits the total discounts of suppliers to supermarkets by 30% and…
New Street: Donation to the Second Department of Motorways P.A.T.E. Attica of the first electric interrogative patrol car on a Greek highway
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The commitment to environmental protection and the promotion of sustainability has designed and implemented a number of actions and projects aimed at being the country’s greenest in practice. In this context and given the good cooperation with Motorway Traffic, New Street delivered to the Second Department of Motorways P.A.T.E. Attica, the first electric vehicle, interrogating…
Russia: The EU’s proposal on Russian Assets is ‘tolerance and theft’
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The proposal of the head of her foreign policy, Joseph Borrell, according to today’s announcement (20.3.2024) was described as “Lost and theft”. The proposal includes the EU taking 90% of the revenue from Russian assets frozen in Europe and making it available for the purchase of weapons for Ukraine. According to Borrell’s plan, revenues from…
DADEX: Collected EUR 250 million by the State with a reissue of a five-year bond
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The Greek State’s 250m-euro levy was announced by the Public Debt Management Agency ( ) through the reissue of 3.875%, ending June 15, 2028. As noted in its announcement by the DADEX, the reissued bond auction took place through the Primary Dealers with the total bids amounting to EUR 929 million and the settlement date…
‘Old’ the Textiles: Over 50 years old 42% of workers
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The main economic elements of the industry for 2023 were recorded and published by the European Federation of Textiles (EURATEX), according to the Association of Plexicon and Ready Clothing of Greece (SEPEE). The number of clothing and clothing firms operating in 2023 was 197,000, employed 1,300,000 workers and turnover reached 170 billion euros increased by…
Hatzidakis: By the end of the year the investment in banks will be completed
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“The government will have completed the sale of the percentages it maintains at the end of the year, while it will record revenue from privatisations, as the economy recovers,” the Minister of Finance told Reuters on Wednesday (20.3.2024) .In the previous months the government sold all its shares to three large banks, which it maintains…
” Career Day” in Volos: 40 businesses with more than 1,200 jobs
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The event will take place at Domotel Xenia Volos (Plaster 1, 38221, Volos) from 10:00 to 18:00. It is noted that participation in ” Career Day” is free for all citizens seeking work and the registration is at its e-mail address. Those seeking work will be able to: Talk directly, without a pre-defined appointment, with…
MyADE app: “In the air” the new application of AADE – Payments, debt control, tax calendar on mobile
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In operation and ready for “downloading” is its new application for them, MyADE app, which aims to “solve” hands on debt payments, debt control, providing tax calendar and “smarter” services. The presentation of the MyADE app for taxpayers was carried out by the Governor of AADE, George Pitsilis, with the presence of the leadership of…
Homer Tsapalos (PHOTOS): First 10 days of April the clearings of the EFIA
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In addition, from 10 installments to 11, the representative of the Ministry of Finance commented on the extension of the instalments, speaking in the First Program and announced that “The first instalment can be paid 30 April. His purges will be posted around mid-April, perhaps the first ten days.” The spokesman for the Ministry of…
DYPA: Temporary results were posted for training using artificial intelligence
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Today, Wednesday, March 20, the provisional lists of successful, runner-up and excluded of the new online vocational training action entitled “Administrative Education” on its website (the “News and Announcements”). The tables were drawn up in order of priority and on the basis of the criteria laid down. Candidates have the right to object from Thursday…
A license to set up an undertaking and an increase in the infringement will provide for the new golden visa regime
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Two key changes will include the new institutional framework planned by the government in relation to the legislative initiative, which is expected by the end of the week. According to valid information from newssit.gr, this initiative will provide for the possibility of setting up an undertaking by whoever receives the gold visa (and not just…
POS – Cash interconnection: Available pre-filled business files for declaration in the installer register
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Professionals who provide technical support to businesses are allowed to download excel files for the interconnection – cash machines from its application, with data provided by them, via Form D11, on whether the cash is active. It is noted that, last Friday, 15 March 2024, the Register of Technical Support Services provided for the interconnection…
IPTO: In public consultation the preliminary ten-year development programme
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News, important for enhancing the reliability and resilience of the Transmission System and serving the increasing penetration of RES (land and offshore) are included in the Preliminary Plan of its Decade Development Plan 2025 – 2034 . The total budget of projects in the IUU Plan for the period under consideration is EUR 5.5 billion.…
Athens Exchange: At 1,408.50 units the General Index
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Mild rise is recorded in Athens today (20.3.2024) after yesterday’s fall, amid a slight decline in European markets, which are moving in anticipation of Fed’s interest rates decisions. The General Index on the Greek Stock Exchange at 11:00, is formed at 1,408.50 units, rising 0.36%. The value of the transactions is EUR 10.38 million. The…
EU wants re-taxes on agricultural products from Ukraine
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It wishes to restore customs duties on large quantities of certain agricultural products from it to support European farmers. Negotiators from EU Member States and the European Parliament agreed on this in Brussels today (20.03. 24) at dawn, reports a report by Handelsblatt. According to Parliament, Ukraine’s specific products are eggs, poultry, sugar, maize, oats,…
What the draft changes to golden visa will provide for – By the end of the week the amendment
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An amendment to the government will be tabled, according to what the Minister of National Economy and Finance said, speaking today (20.03. 24) at MEGA. Specifically, Kostis Hatzidakis noted that the amendment will be tabled within the week for golden visa. “The government has already made an intervention in December for Airbnb. The real estate…
MyDATA: The digital shipping bulletin is coming – In consultation from next week
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The decision on the digital delivery bulletin is due to be consulted next week, announced its commander, George Pitsilis, at an information conference yesterday (19.3.2024) entitled “Last developments in the digital platform.” ADE aims to facilitate professionals and businesses and familiarize them with the upgraded technological capabilities of the myDATA platform and the new processes,…
Hatzidakis: “Over 800 euros the minimum wage”
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The Minister of Finance and National Economy, told MEGA about its increase, rents and objective values and accuracy in products and fuels. Kostis Hatzidakis clarified that the increase in the minimum wage (p.a. expected to be announced by Prime Minister Kyriakos Mitsotakis on 27 March) will be approximately 4-5%. In particular, he stressed that “the…
China: “Quality” Plan for Opening the Economy to Foreign Investments The Government Presented · Global Voices
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The State Council has adopted an action plan to ‘push’ towards a high-level opening for the Chinese economy, while greater efforts are being made to attract foreigners. Beijing stresses that foreign investment is an important economic force in the effort to achieve the modernisation of China, to promote the common well-being and development of the…
ADE: “Invitation” to 18-stars to submit declarations – Who are excluded
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Mandatory declaration to the 18-year-olds should be made even if they have a euro in their income. Those young and young who earned any real or presumed income last year regardless of whether they are protected members, should submit their own tax return this year, according to the ERT. Tax legislation provides that once the…
ADE: “Invitation” to 18th – Who are excluded
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Mandatory declaration to the 18-year-olds should be made even if they have a euro in their income. Those young and young who earned any real or presumed income last year regardless of whether they are protected members, should submit their own tax return this year, according to the ERT. Tax legislation provides that once the…
J. P. Morgan “knows” better, for Greek banks, or Mrs. Buch (ECB/SSM)?
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When the largest investment bank on the planet deals with you, you have to read carefully what it says about you. Much more when it puts crucial dilemmas on you, (especially for the few banks we have left), such as whether it is worth being “first in the village or last… in the city”. In…
At the height of the cost of repairing damage in Thessaly – At 4.5 billion euros the flood and basic infrastructure
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At… Pharaonic levels, at least for Greek data, over 4.5 billion euros will reach their cost of rehabilitation in its region from last year’s bad weather “Daniel” and “Elias”. The cost of repairing the damage of Thessaly will be at the “high”, if the proposals of the Dutch company HVA are taken into account, according…
‘Rising’ in international markets: What food prices are rising
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Although international consumer inflation shows little signs of balancing, there is no shortage of turbulence in the commodity markets that push the ever higher. Bread, rice, cocoa and chocolates, oil, are only some of the foods, which are under increasing pressure at international wholesale level, and where the decline of the inflationary “lailapa” that followed…
The blue Eurobond, the e-mails of the expatriates and dozens of lawsuits, the investments in new networks that are lame and the Stassis who lurks, how the funds create the new powerful forces of Greek business
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Blue nominations Today or tomorrow 15-20 candidates and candidates are announced with the New Democracy Euro-vote. The total is 42 – among at least 17 women, based on electoral law. All names will be announced by April 15th. The following persons have been “locked” or are seriously discussed: George Autias, Pyrrhos Dimas, Vangelis Meimarakis, Stelios…
Charles Michel: EU needs to invest more in defence industry
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The need for the European Union to invest more in the defence industry and to ensure that there is more cooperation at European level, the President of the European Council stressed at a Euronews event in Brussels. At this event Charles Michel was asked about an opinion article published in the European press and in…
The delay in US aid ‘shocks’ Ukraine
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Her is “shocked” by the persistent blockage in the American Congress of approving a package in Kiev, due to political confrontations in Congress months ago, Ukrainian Foreign Minister Dmitro Kuleba said today (19.3.2024). “What really matters and what shocks us is that the decision on a funding package has not yet been adopted. We are…
IMF: $150 billion loan record as counterweight to debt and war
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It reaches record levels from the International Monetary Fund ( ) to nearly 100 countries, as a counterbalance against the economic and political risks of the world after the pandemic that translates into increased debt. Mainly due to the increasing loan costs and geopolitical conflicts, the IMF was forced to intervene with loans to “out”…
Clarifications concerning the application of the provisions on incentives under the New Building Regulation
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It works tirelessly to implement the country’s commitments regarding adapting buildings to modern requirements, applying the provisions on incentives under the New Building Regulation ( ) on energy saving, environmental protection, improving public space and strengthening climate neutrality. In this context, the Ministry of Environment and Energy has set up an unpaid Working Group to…
Parliament: Bill passed on multinational taxation
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With an increased majority the Ministry of Economic Affairs and Finance for the ‘Incorporation of the Directive (EU) was voted in principle and at second reading in the Committee on Economic Affairs. Council Regulation (EC) No 2022/2523 of 15 December 2022, on ensuring a global minimum level of taxation for multinational groups and large-scale domestic…
Athens Exchange: Fall 1.31% – At 182.75m euros
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Fiduciary trends recorded share prices in today’s meeting (19.3.2024) by retreating towards the levels of 1,400 units. The market declined after four uphill meetings during which the main stock index on the Athens Stock Exchange recorded a total profit of 2.21%. The General Index closed at 1,403.47 units scoring a decline of 1.31%. The value…
IRIS: Deadline for registration of freelancers until 30 June
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Direct services (p. ) may prove a very useful solution for both citizens, so that they do not pay any commissions for electronic transactions and for freelancers, to pay an average of 50% lower commissions than alternative methods. The only available direct payment service to date, IRIS, is rapidly disseminated as a method of payment…
Egypt: At 57 billion dollars the bill for its rescue – Another 6 billion from the World Bank
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And it is added to the list of international organizations that are rushing for its help with over $6 billion, expanding the global bailout program for the North African country’s much-needed economy well over $50 billion over the last few weeks. The Washington-based World Bank announced on Monday (18.3.2024) that Egypt’s funding will cover the…
Kremlin: We need details before we respond to the EU plan for Russian cereals
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The Kremlin has announced today that more details are needed regarding information on a European Union plan ( ) to impose duties on Russian. Peskov noted that Moscow is aware of a financial Times report on an EU plan to impose duties on Russian cereals, but the timetable and other details need to be clarified…
Sources OF SUBIC for Moody’s: Expected non-investment grade return – had upgraded us six months ago
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Within a programme they characterize circles of the Ministry of Finance ( ) the announcement of the house on Friday (15.3.2024) to maintain the credit assessment of the Greek economy in Ba1 with stable prospects, as two tiers had been upgraded only six months ago (15.9.2023). Therefore, the sources of the SUBIC stress that no…
Contract signed for the supply of 200 natural gas buses
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The contract for the supply of 200 compressed (CNG), 12 metres long, to be launched in Athens, was signed today (19.3.2024) by the Minister of Infrastructure and Transport, Christos Staikouras and Commercial Operation – Director of the company “Industria Italiana Autobus”, Salvatore Danilo Martelli, in the presence of the Deputy Minister for Infrastructure and Transport,…
Ministry of Development: Fifteen questions about digital payments POS – IRIS
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In particular, on the list of the Ministry of Development with the answers to POS, it is noted: Question : Which entities are required to accept payment instruments by payment card (POS use) and direct payment services from account to account (e.g. IRIS)? Answer : Entities receiving payment from a payer, i.e. a natural person…
Sources OF SUBIC for Moody’s: Expected non-return investment grade – We were upgraded six months ago
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Within a programme they characterize circles of the Ministry of Finance ( ) the announcement of the house on Friday (15.3.2024) to maintain the credit assessment of the Greek economy in Ba1 with stable prospects, as two tiers had been upgraded only six months ago (15.9.2023). Therefore, the sources of the SUBIC stress that no…
JPMorgan: “Bad idea” to get the Greek stock market out of emerging markets
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As a negative catalyst, Athens is characterized by the possibility that Athens will be “promoted” above the category of emerging markets in which it is now located. Moreover, the investment giant does not regard the possibility as strong. In a report, JPMorgan points out that only the National Bank, Eurobank and OPAP from the shares…
Loans: EUR 1.7 billion reduced in the 4th quarter of 2023 holding services and funds
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They decreased in the fourth quarter of 2023 in the Greek economy and according to the statistics published today (19.3.2024), the Bank of Greece (TTE). In particular, a reduction of EUR 1,72 billion was registered at the nominal value of private sector loans managed by domestic servicers and transferred to specialised foreign financial institutions (funds),…
Double from the Eurozone the increase in labour costs in Greece in the 4th quarter of 2023
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Significantly higher than its average is the increase in working costs in Greece in the 4th quarter of 2023, according to data announced on Tuesday (19.3.2024). Specifically, Greece’s nominal increase in hourly labour costs increased at a rate of 6.4% on an annual basis compared to an increase of just 3.4% at the Eurozone level.…
AADE: Tax Service Services – What DOS are integrated into Attica and Thessaloniki
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The major organizational restructuring of the Independent Public Revenue Authority ( ) for its transition to its new operating model, presented at the beginning of the year by its commander, George Pitsilis, continues. Key elements of the new model are: – The establishment of centralized services of AADE in Attica and Thessaloniki (Centers for Certification…
EUR 135 million programme to support the processing of agricultural products
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The pre-publication for the 1st Call for applications at 135m euros for processing support announced today (19.3.2024) the Ministry of Rural Development. According to the Ministry’s announcement the aim of the programme is to meet Greece’s needs in processed agricultural products and also to further develop possibilities for penetration into international markets. In particular, the…
The new Tax Procedure Code – What changes tax and tax communication
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Towards the end of the week, the Ministry of Finance’s bill is put in public with the provisions of the new Tax Procedure Code aimed at changing citizens’ communication with the , among other regulations. As his information points out, the most likely day of the consultation is Friday (22.32024). Thus, in addition to the…
Germany – Real estate purchase: ‘Window’ for new ‘break’ in office demand due to extension of teleworking
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Work from home (i.e. ) could reduce office space requirements by 12% in . This is the result of a new study by the Ifo Institute and property consultant Colliers for the major cities of Berlin, Hamburg, Munich, Cologne, Frankfurt, Stuttgart and Düsseldorf. “The work from home on a regular basis (teleworking) has become the…
Athens Exchange: At 1,413.42 units the General Index, with a drop of 0.61%
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The prices of the current (19.3.2024) are moving at the opening of the Athens meeting, while the General Index at 11:00, was formed at 1,413.42 units recording a drop of 0.61%. The value of transactions is EUR 16.55 million. At the same time, the high capitalization index is falling to 0.70%, while the mid-capitalization index…
‘Bombs’ in European RES and cars State subsidies to Chinese companies
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Its economy is trying to compensate for the internal weakness with ever-increasing (state-subsidised) exports in particular to it, hitting its RES and car industry. Unlike the past, when the country mainly exported goods for mass consumption, China is pushing with all its strength on future technologies. The problem (p. for its western competitors) is that…
In FEK the law to reduce electricity costs for farmers
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In FEK, the law on the regulation of the Ministry of the Environment and Energy on cost reduction was published for them and for the energy-intensive industry. The law provides the possibility of cheap electricity tariffs for farmers (i.e. farmers who own agricultural tariffs) and energy-intensive industrial consumers to strengthen their productive work, reduce production…
How State subsidies in China affect Europe’s RES and car industry
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Its economy is trying to compensate for the internal weakness with ever-increasing (state-subsidised) exports in particular to it, hitting its RES and car industry. Unlike the past, when the country mainly exported goods for mass consumption, China is pushing with all its strength on future technologies. The problem (p. for its western competitors) is that…
Japan Bank ends negative interest rate policy
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For the first time in 17 years, they are expected to increase to . The move was also announced after major wage increases in large companies. The Bank of Japan has increased interest rates for the first time since 2007. The Bank of Japan Monetary Policy Committee (BoJ) increased the basic interest rate, which had…
Subsidiary: Only 1 in 3 cases was entitled to taxation
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Only one out of three taxpayers who went on to 2023 in the Dispute Resolution Directorate (TEN), in order to reduce their tax offences (to ), were justified, while about 65% failed to achieve the deletion of extra taxes, fines and increases, according to ERT. According to the accounting data of the General Secretariat of…
SUBSIDY: Only 1 out of 3 appeals on tax matters was justified
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Only one out of three taxpayers who went on to 2023 in the Dispute Resolution Directorate (TEN), in order to reduce their tax offences (to ), were justified, while about 65% failed to achieve the deletion of extra taxes, fines and increases, according to ERT. According to the accounting data of the General Secretariat of…
Time out today for POS and cash interconnection checks
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It expires today (19.03.24), the deadline for submitting applications to the Digital Transactions programme through which part of the purchase and interconnection costs (with the s) and a number of additional digital needs of an enterprise are covered. The receipt of a check (Voucher) covers those who have already purchased POS or have already made…
The lawsuits for the email list, the Lernaia Hydra of the campus, the milestones of the Recovery Fund that are being removed, the situation at the stations that escape and international reversals in consultant companies
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The organs started with lawsuits! A new dimension is given to the case with e-mails of immigrants who leaked from the Ministry of Interior to the former Prefect of Greek Democracy of ND Nikos Theodoropoulos and from him to the MEP Anna Michel Asimakopoulou who also made a massive mission in the face of the…
Corresponding electricity tariffs to March shows wholesale for April
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At levels corresponding to February, so far, in March, the wholesale market has moved to 73.5 euros per megawatt hour.In particular, last month, it was about the same number. The fixed price of electricity in wholesale is expected to keep retail tariffs more or less at the same levels in April, based on their calculation…
How the housing market moves in Athens and Thessaloniki
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Houses continued to rise and in 2023, with apartments over 5 years old showing the largest increases. The difference maintains the first place with the highest prices among other cities, with Thessaloniki following it a short distance away. In Athens, the primary of accuracy, according to the recent report of DANOS, is held by the…
Two “News”, by Moody’s and the ECB, that need more … attention
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First of all, we must confirm, through these lines, that the non-upgrading of Greece’s credit rating the day before Friday was not surprising for those inside the relevant public bodies involved in this matter… Long before last Friday in private discussions on the subject in a discreet but clear way, he had been “explained” competent…
Charges on POS: Alternative scenarios at the financial staff table
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The political will of the government to “solve”, in one or the other way, the issue of electronic , especially micro-transactions , express supreme sources of the Ministry of Finance (OIE) in newssit.gr. The issue of charges for electronic payments had recently been highlighted by the Deputy Minister of Finance, Mr. Harry Theocharis from the…
New ejection of cocoa prices – The causes and prospects for Easter chocolates
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His timelines continue to increase, as today (18.03. 24), the price per tonne climbed to $8,394. This means that the price of cocoa has more than doubled since the beginning of the year, which is due to the continuing poor supply situation, according to the faznet. Plant diseases and extreme weather conditions, especially in the…
Early April “closes” the Photovoltaic program in the House
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The completion of the program at the roof is being speeded up. In the environmental ministry’s plans, according to ERT’s information, it is to end earlier by 2 months, at the end of March or early April, applications for the programme. At the end of the PV programme, it also comes to the possibility of…
Brussels: The ‘Ukraine Support Fund’ was set up with funds of EUR 5 billion
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The European Council has today decided to increase the ceiling on the European Facility for Peace (EU) by EUR 5 billion at current prices and to commit this amount to it , creating a special Fund for Assistance for Ukraine (UAF) under the European Facility for Peace. “The EU meets its commitments. The Ukraine Aid…
German Minister for Foreign Affairs: European Union to announce new sanctions against Russia
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New sanctions are expected to be announced against her according to current statements by Germany’s Foreign Minister, Annalena Burbok. Specifically, according to German Foreign Minister, the EU will adopt new sanctions against President Vladimir Putin’s supporters after the presidential elections in Russia, which were criticized as a hoax. “Today we will launch sanctions due to…
Optimizing messages for Greek tourism in 2024
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The messages for the current tourist year, as reflected in the largest international tourist exhibition, ITB 2024 in Greece, this year attracted over 100,000 visitors and 5,500 exhibitors from 170 countries. With Greece actively participating in this annual meeting of the world tourist industry in Berlin, the EOT starred in contacts with international tourism players,…
Economic University Survey: Turn to Greek and private label products by consumers
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Greeks fill it with private label products (Private Label-PL) while accuracy in basic products insists, reducing the cost of their purchases at the supermarket. As evidenced by an annual survey carried out by the Athens University of Economics Marketing Laboratory with a telephone poll in a scientifically random sample of 1880 households in January 2024,…
In the final line the start of tax returns and the suspension of the ELF’s liquidators
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In the final line the procedures have entered both for the start of submission and for the issuance of its liquidators . According to the existing information, the platform for submitting tax returns is likely to open in the last week of March, while the ELF clearings will be posted in the first week of…
‘zero time’ for new European decisions to support Ukraine – Account increased
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Under the tension caused by the newer statements of its president, Emmanuel Macron on the possible development of French troops in Brussels, the European summit will be held next Thursday and Friday (21 – 22 March 2024) in Brussels. Germany, France and Poland are trying to resolve recent differences in support for Ukraine and other…
Germany: The time of the “account” for corporate real estate market giants
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At the value of their shares of corporate colossae in the beginning and passing crisis in this matter. As the German press concludes, the stock market reached its verdict quickly and harshly, as the share price of the largest real estate company in Germany, Vonovia retreated by nearly 7% last Friday (15.03. 24), after that…
Housing crisis: The programme of the ‘social contribution’ is at the forefront
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The programme of the “social contribution” will be the next major step in its wider plan to address the crisis in Greece. Specifically, last Friday (15.03.24) at newssit.gr, the Minister for Social Cohesion and Family, Mrs Sophia Zachrakis, said in terms of government in terms of tackling the housing crisis that “we look forward to…
Vehicle insurance: What are the most frequent frauds that insurance companies are looking for?
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More than EUR 7 million per year is costed through car, engine and truck insurance. Their specialised partners or police authorities identify every year thousands of cases, from staged car accidents, drivers’ efforts to cover damage already existing to avoid burdening costs, up to more complex cases with circuits in which garages are involved. According…
Average increase of 11.7% in air reservations between April and October 2024
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Over 26 million seats with Greece have been held for April to October 2024, according to what comes from the airdata-tracker platform of the Institute of the Association of Greek Tourism Enterprises (INSETE). In particular, according to the same sources, air bookings for the above period of 2024 are on average 11.7% higher than in…
Hatzidakis: With the right mix of economic policy we raise Greece higher
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‘ After the last election, the right mix with political stability is combined in Greece,” notes the Minister of National Economy and Finance, in an article published today (17.3.2024) by the newspaper “The Daily”, under the title “How are things going in the economy?”. As Mr Hatzidakis adds, “we have the only political opportunity to…
End of Resistance to Climate Crisis – imposed on tourist accommodation customers
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The three-day excursions that will settle in hotels, rentals and properties of the Airbnb type will see at the charge of their room a “resistance to climate crisis”, according to ertnews.gr. The fee replaced the residence tax and was imposed from the first January per day use and per room or apartment. It will reach…
EU – Egypt: Mini-session in Cairo aimed at a strategic and comprehensive partnership
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Mini is held today (16.3.2024) in Cairo focusing on a “strategic and comprehensive partnership” with . At this session, the President of the Commission, Ursula von der Leien, Greek Prime Minister Kyriakos Mitsotakis, Cypriot President Nikos Christodoulides, Belgian Prime Minister Alexander De Croo, the Italian counterpart of Georgia Meloni and Austrian Chancellor Karl Nehamer send…
All key points of automatic tax returns
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Time counts backwards for the start of the submission period which this year will be automatic for employees and pensioners. As they explain the highest sources of the Ministry of Finance (OIE) in terms of differences with the “old” tax returns, what we will see on the new platform are some fields that were not…
How Nvidia ended up worth more than all US energy companies
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Nvidia’s has increased by 100+% in the last year and last month surpassed all companies in the S&P 500 index together. Nvidia is thus “causing” the wave of Artificial Intelligence, as it manufactures the material on which all this promising technology is necessarily based. After all, Nvidia is a member of a very closed oligopolis…
How will Greek electric car drivers be able to make money from their batteries?
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Large benefits for the network and for consumers themselves can be obtained by using electric batteries as home batteries. According to a survey carried out in Australia by the Renewable Energy Agency ARENA, if 10% of cars running are electric with power supply to and from the network, then demand for electricity at peak hours…
SOS for Egypt: More than $50 billion comes in for her financial rescue.
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The dire position in which it came in the previous period forced international organizations to intervene in its rescue, as a possible collapse would be an important imbalance factor for the Middle East and the Mediterranean basin, due to the strategic importance of the Arab country. The latest news of a 7.4 billion-euro EU package…
e-EFCA – DYPA: The ‘Map’ of payments from 19 to 22 March
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During the period 19 to 22 March 2024, EUR 90,223.745 will be paid to 96,786 beneficiaries, in its planned payments and the Public Employment Service (IPA). In particular: 1. The following payments will be made by the e-EFKA between 19 and 22 March in the framework of regular payments by the Agency: From 19 to…