Category: Uncategorized
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…
Lent table: Lower or equal prices than last year – What the comparison in the “Carcases of Lent” shows
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On foot are the control workshops both to ensure the quality of the items consumed, especially on the Net Monday, but also all of it, as well as for those that are formed. Since the first day of application of the “Cent of Lent” prices in the majority of the basic products that fill the…
Protopsalt (DYPA): A new training action of 25,000 unemployed and workers will be launched in April.
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“Our goal is, by 2025, 500,000 have been certified in digital and green skills. Already, through the programmes of the Public Employment Service ( ), 260,000 Greeks have completed vocational training programmes and have received certifications.” This was stated, among other things, by the commander of the DYPA and National Coordinator of the European Year…
Lent: What Check Up Shows Prices Of Fasting Products
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On foot are the control workshops both to ensure the quality of the items consumed, especially on the Net Monday, but also all of it, as well as for those that are formed. Since the first day of application of the “Cent of Lent” prices in the majority of the basic products that fill the…
Protopsalt (DYPA): A new training action of 25,000 unemployed and workers will be launched next month.
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“Our goal is, by 2025, 500,000 have been certified in digital and green skills. Already, through the programmes of the Public Employment Service ( ), 260,000 Greeks have completed vocational training programmes and have received certifications.” This was stated, among other things, by the commander of the DYPA and National Coordinator of the European Year…
POS: Optimism for debt reduction agreement in April
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Optimism that in April there will be moves to reduce for traders after their compulsory use , make the parties involved in the configuration of supplies. The consultations of the Ministry of National Economy and Finance with Visa and Mastercard schemes, Euronet, Global Payments, Nexi, Wordline and Viva Wallet are proceeding with good will to…
Priority for the Ministry of Finance – What changes
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High on the list of priorities of the financial staff is to “run” procedures relating to the taxation of freelancers, by clarifying decisions on the new codes introduced in E3, as, as stated in its highest sources, are issues on which accountants should be fully informed of what is in place before their “dance” is…
Lower than estimates, fixed capital investment in 2023
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Significantly smaller was the contribution of gross fixed capital to the country ‘s annual economic activity in 2023 of the initial estimates , notes a relevant analysis of it . This is because there has been a fall in GDP by 5.7% on an annual basis in the fourth quarter of 2023, for the first…
At the lower level of 10 years foreign investment in Germany
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Foreigners invested less in last year (2023) than in ten years according to a new study by the Institute of German Economy (IW). German companies also prefer to expand to the EU, according to the same investigation. Foreign companies invested only about EUR 22 billion in Germany in 2023 – the lowest level in the…
Moody’s: He did not “give” the investment tier – Maintain Greece in Ba1
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Fixed in the rating step Ba1 with stable prospects (outlook) was held by the American rating agency on Friday in Greece, maintaining a step down it . It is noted that Moody’s is the only house among the Big 4, after Standard and Poors, DBRS and Fitch, which has not attributed to the Greek debtor…
In operation the appointment platform for the cash – POS –
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Today (15.3.2024) the POS interface platform with cash machines was put into operation by decision of the Governor of AADE, George Pitsilis, the Register of Technical Support Services. FEM installation and support technicians should register on this platform the scheduled appointments with the companies responsible for connecting their cash systems with POS, according to the…
IPTO: The completion of the new facilities of the Kumudros High Voltage Centre is expected
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Pending the completion of the major energy project was visited by his political leadership, executives of the European Commission and the Special Coordination Service of the Recovery Fund, the upgraded Center for High Voltage ( ) Koumoundourou, in Aspropyrgos, Attica. The President and CEO of ADME Manos Manousakis and the Vice President and Director-General for…
European Commission: EUR 500 million to increase the production of munitions
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The allocation of EUR 500 million to 2 million of artillery each year by the end of 2025 in order to increase the production capacity of the European defence industry, announced today (15.3.2024) h, The European Commission announced that it would be allocated EUR 2 billion in total to strengthen the defence industry, within various…
Athens Stock Exchange: Rise 0.31% for the General Index, at 359,37m euros per turnover
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Mild rise recorded their prices at the Athens meeting, with the market returning above the level of 1,420 units. The shares of PPA, Saranti, PPC and GEK TERNA stood out from high capitalization, while the General Index closed at 1,422.03 units, rising 0.31%. Intraconferences recorded a higher value at 1,426.65 units (+ 0.64%). On a…
IPTO: It is negligible to increase electricity charges from the expansion of the electricity network
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The increases in electricity charges were commented on by one in a communication, clarifying that “The increase in System Use Charges (CSFs) in electricity bills from the expansion of the electricity network, which is necessary for the country’s energy transition”. He also stressed that “This increase, not because IPTO increases fees, but because investments are…
Commission: EUR 500 million for an increase in ammunition production by the end of 2025
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The EU announced that it would allocate 500m euros to increase production capacity in the European defence industry, to 2 million artillery missiles annually by the end of 2025. Overall, the Commission has announced that EUR 2 billion will be allocated to strengthening the defence industry in the EU, as part of various defence programmes…
ADE: End of March or early April the clearings of the EIB
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“Everyone must do what is necessary in the timetables,” was the message sent by its commander, George Pitsilis, speaking in the second East Macedonia Thrace Forum, organized in Alexandroupolis by City Hub Events, and announced that his liquidators are to be issued even at the end of March, at the latest at the beginning of…
EU: New law on sustainable supply chains passed
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A new law on supply chains has been passed by the European Union ( ) after weeks of negotiations, as international instruments note, as Member States have today ratified the new landmark rules requiring companies to check for unpleasant environmental and industrial practices the supply chains. MEPs and government officials in the EU have concluded…
Wages increased by 5.5% in the fourth quarter of 2023
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It recorded a 5.5% increase in the wage index as a whole, except for the primary sector and household activities, in the last quarter of 2023, without any correction (seasonal or correction of the number of working days), compared to the corresponding period of 2022 , according to its figures . While in the corresponding…
In a historical high job gap – up to 38,111
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In a historical high reached the fourth quarter of 2023, as they ejected at 38,111, according to This is the highest level since the first quarter of 2013 (41,545), indicating that during the fourth quarter of 2023, there was a record of 10 years in vacant jobs, according to the ElSTAT data. Between the fourth…
ELSTAT: 82.1% of job vacancies increased in the last quarter of 2023
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In the last quarter of 2023 compared to the corresponding period of 2022 (38,111 and 20,927 respectively), according to the figures of ELSTAT, in the last quarter of 2022 there had been an increase of 42,2% in vacant jobs, compared to 2021. It is noted that a job vacancy is considered a newly created position,…
Scope: Concerned for German banks the ‘deep’ in commercial real estate prices
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Concerned for the Germans last year’s “butter” by 10.2% in commercial prices, Scope Ratings, although it adds that it does not directly predict any “systemic” risk. The analysis acknowledges that German banks have announced much better results in recent weeks , but the decline in the real estate market and the risks of transmission, particularly…
An estimated 57.6% of construction at the end of 2023 – Record 9 years
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According to the data published today (15.03.24), the Greek Statistical Authority (ELSTAT) noted in the fourth quarter of 2023. Specifically, between 3rd and 4th quarter 2023, production in construction increased by 57.6%. Such a large increase in production in construction from quarter to quarter has not been recorded by ELSTAT since 2015. The Production Index…
Budget: Strong January-February tax revenues widened surplus
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“With the right” entered the year for the Greek economy as the strong revenues of January-February expanded the primary above the goals of the 2024 exhibition. Tax revenues that exceeded the target by almost EUR 1 billion, mainly due to the collection of income tax payments, but also revenue from public investment, stand out for…
The Bank of Greece revised its growth forecast this year
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After the decline in the growth rate of the Greek economy in 2023 to 2% compared to the 2.3% initially envisaged, according to the data recently announced by ELSTAT, the TTE now estimates that this year’s GDP will rise by 2.3%, compared to the initial forecast for 2.5%. However, TTE maintains its forecast for growth…
SUBSIDY: Tax taxpayers’ control process has not changed – it will be done electronically
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On the basis of today’s point of view, it is clarified that the process of monitoring them by the IRS has not changed. No law has been amended, no decision, no regulation, it is noted by the Ministry of Finance, and it is therefore noted that the access of ADE to taxpayers’ assets remains the…
Autopsy Skreka in Varvakeio for the Lent: ‘Very affordable and competitive prices’
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“Today’s All a Lent Cart so that people can procure what is necessary for their table to be full,” said Minister of Development, Mr. Very pleased with the prices in the Sarkozys in Varvakeio Market was the Minister of Development Kostas Skrekas, who was found in the morning for “autopsy” in the market. “Today Varvakeios…
Skylakis: We secure lower current prices
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The amendment concerning the reduction of electricity costs for them and for the energy-intensive industry was tabled yesterday (14.3.2024) in Parliament by the Minister for Environment and Energy, Mr.Thodoros Skylakakis. Describing it as absolutely necessary for the country’s production capacity over the next few years, he described in detail the benefits that farmers joining the…
Sofia Zachaki: “12,500 residences will be included in the residential reserve” through the Renovation- Rent” – “All the housing aid programs
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The actions of the government’s new housing policy are analysed, speaking exclusively to the newsit.gr, by the Minister for Social Cohesion and Family, Mrs Sophia Zachakakis. “ The cost of housing, combined with the availability and quality of homes for rent, is a front to which the government gives a very structured battle. On the…
e-EFCA: Over 41,000 retired workers enrolled on the platform within 18 days
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More than 41,000 statements were submitted by employees only in the first 18 days after the relevant platform was activated by the Ministry of Labour and Social Security and him , in an indication that reforming the insurance regime for pensioners already employed yields tangible results. This reportedly means that the number of registered e-EFKA…
Over 41,000 retired workers enrolled on the platform within 18 days
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More than 41,000 statements were submitted by employees only in the first 18 days after the relevant platform was activated by the Ministry of Labour and Social Security and him , in an indication that reforming the insurance regime for pensioners already employed yields tangible results. This reportedly means that the number of registered e-EFKA…
ADE: In the target the taxpayer’s bank accounts for cross-checks with the declarations
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Millions of banking and legal persons will soon be targeted, using the new AADE system, which will scan all their movements, according to a daily report. This is the Bank Account Nexus Crosscheck APPplication or BANCAPP which automatedly automated the reporting and information process involving controlled natural and legal persons. Tests have already begun between…
Why are oil prices rising again – In red the supply and demand balance
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It has been ignored in recent days by international prices of the slow , supporting it upwards and those of . Specifically, the Brent contract rose this week from $80 to $85 per barrel, while the American WTI to $81. The increase is mainly attributed to demand estimates this year, as after last year’s historical…
ADE: In an application on mobile updates and tax debt arrangements
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A new application to them will enable citizens to see all their tax obligations, to receive notifications, but also to settle their obligations. As part of the expansion of digital capabilities and the exemption of taxpayers from suffering, the Ministry of Finance and the Independent Public Revenue Authority (AED), they promote another mobile application, which…
‘One stop’ office for energy upgrading of housing
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EC. WHO. Z. on the occasion of the World Consumer Day on March 15th announces the operation of the first pilot service office of one stop shop for the . The one stop shop for the energy upgrading of the houses is, according to the EPA. ZIZ, response to the treatment of energy poverty, a…
Because Stournaras pre-announces interest rate reduction one (!) whole unit and further “revaluation” of the gold pound
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Mr Stournara’s statements in Bloomberg have been particularly careful by the markets because no Central Bankman has been so specific in his ‘foreseeings’ in current uncertainty lately. He was both specific and honest. He said three things and all three were true. He said that it is not only inflation wages that are to blame…
How Tyler got involved, the changes to the law on political companies abroad, the war on the closed stage of Tae kwon do, the signs of concern for the economy and the untranslated study on Thessaly
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The law touches Tyler! The Tsipras government in 2016 in order to make the life of the wife of the president of the D.D. Marevas Grabovsky Mitsotakis, who had shares in a French company owned by Voltaire’s house in Paris, also extended to foreign companies the 2003 Kastanidis Act, which provided for the incompatibility for…
Because Stournaras pre-announces interest rate reduction one (!) whole unit and “revaluation” of the gold pound
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Mr Stournara’s statements in Bloomberg have been particularly careful by the markets because no Central Bankman has been so specific in his ‘foreseeings’ in current uncertainty lately. He was both specific and honest. He said three things and all three were true. He said that it is not only inflation wages that are to blame…
“Fire” in oil prices from estimates for increased demand – “Scarred” over $85 Brent
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The prices of yesterday (14.3.2024) were ignored as he predicted a more “tight” market in 2024 and upgraded his appreciation for oil demand this year. The International Energy Agency expressed appreciation for increasing oil demand in 2024 for the fourth time since November, as Huthi attacks disrupt shipping in the Red Sea, but warned that…
Real estate: Time runs out for short term lease providers’ statements
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By March 20, owners who have for services to submit the short-term accommodation statements relating to the leases of the immediately preceding period, as the law stipulates that they must be completed by the 20th of the following month from the date the lessee leaves the property. In fact, from now on, an additional form…
Infrastructure: “Trypa” of more than 150,000 labour “hands” at construction sites – From where and how the companies will bring craftsmen
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Huge in labor “hands”, craftsmen, qualified services and executives (engineers etc.) are listed on the construction sites of large groups (GEK TERNA, AKTOR – Intrakat, METKA, AVAX) of , which have currently undertaken or promoted projects over 16 billion euros! Older information referred to a “work gap” of nearly 200,000 – 250,000 people, although these…
DAMEA: At EUR 908,500 fines to companies in February
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The control process continues to have reached 908,500 euros in February, according to the Development Ministry’s website. At the same time, the Secretary-General for Trade, Sotiris Anagnostopoulos, told ERTNEWS that during this period the process of controlling the companies to which a fine was imposed is repeated in order to determine whether they had complied.…
Amendments to reduce energy costs for farmers and drug prescription checks were passed
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By an overwhelming majority it was voted today (14.3.2024) for them , “Settlings on inheritances, wages and inheritance waivers, registrations and removals of consensual mortgage warrants and affidavits and on the Fund for the Financing of Judicial Buildings and the payment of legal aid cases”, in Parliament. The bill was accepted on its principle by…
Parliament: Law on Lawyers passed by an overwhelming majority
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By an overwhelming majority it was voted today (14.3.2024) for them , “Settlings on inheritances, wages and inheritance waivers, registrations and removals of consensual mortgage warrants and affidavits and on the Fund for the Financing of Judicial Buildings and the payment of legal aid cases”, in Parliament. The bill was accepted on its principle by…
Thessaly – Central Greece: 3,400 enterprises and farmers received state aid advance
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Compensation to affected companies since September (2023) in collaboration with the Region of Thessaly and the Region of Central Greece continues intensively. State aid concerns both agricultural holdings and livestock units for their damage to their equipment, their fixed assets, land capital and other relevant floods in accordance with the Ministry of Crisis and Civil…
So far 3,400 businesses and farmers have received 50% of state aid advance
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Compensation to affected companies since September (2023) in collaboration with the Region of Thessaly and the Region of Central Greece continues intensively. State aid concerns both agricultural holdings and livestock units for their damage to their equipment, their fixed assets, land capital and other relevant floods in accordance with the Ministry of Crisis and Civil…
“Fire” in oil prices from estimates for increased demand – “Scarred” over $85 Brent
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The prices of today (14.3.2024) as he predicted a more “tight” market in 2024 and upgraded his appreciation for oil demand this year. The International Energy Agency expressed appreciation for increasing oil demand in 2024 for the fourth time since November, as Huthi attacks disrupt shipping in the Red Sea, but warned that “the global…
Athens Stock Exchange: Rise 1.27% for the General Index, at 202.66m euros per turnover
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Significant profits were recorded in Athens today (14.3.2024), while the market returned again over 1,400 units, closing close to the level of 1,420 units. Terna Energy shares of GEK TERNA and Motor Oil attracted intense investment interest. At the same time, The General Index closed at 1,417.64 units, rising 1.27%. The value of transactions fluctuated…
April Pensions: Before 25 March payments for non-employed persons
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Pensioners will see April’s pensions from the unpaid fund before the holiday of 25 March, according to ERT reports. However, the holiday does not bring early payment for pensioners as a result of several days between the two payments. In the meantime, the provision for the automatic completion and submission of the tax declaration for…
Debit or credit card? The answers to dilemmas are given by the National Bank.
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How many times have you not thought “ah and I could use the debit as a credit?”. Whether it is a need for everyday life, a purchase for the house or you just want to buy something for yourself, the point is to have a choice. It is important to know that at any time,…
Lindner report: ‘Bombs’ in the German budget weak growth and subnatality
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The weak economic growth and demographic change threaten the German state with large fiscal gaps over the next decades, according to what emerges from its federal’s new “sustainable report”, Christian Lindner, which Handelsblatt reveals. According to the report, Germany’s debt level could be increased from current 64% of gross domestic product (GDP) to worst case…
Pensions: Before 25 March payments for non-employed persons
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Before March 25, the pensions of selfemployed persons will be entered for April. However, the holiday does not bring pensions for employees sooner. In the meantime, the provision for the automatic completion and submission of the tax declaration for around 1 million employees and pensioners, which in 2023 earned income exclusively from salaries and pensions,…
Greece – Bulgaria – Romania: At the heart of the development of a transport corridor
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At the heart of the tripartite meeting of Greece – Romania, in Sofia, Bulgaria, was the development of a multimodal transport corridor. Today (14.3.2024) was attended by the Minister of Infrastructure and Transport, Christos Staikouras, as well. It is said that the corridor to be formed will start at the port of Alexandroupolis and end…
The electricity interconnection of Crete is progressing rapidly. Attica
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Among the topics discussed yesterday (13.3.2024), at the meeting of representatives of the Local Government with its administration in Heraklion, was the progress of the project of the electrical interconnection of Crete-Attica and the necessary projects to strengthen the high voltage system on the island. The ADMIE executives, as stated in an announcement, presented the…
IOC: ‘Camp’ for greater than expected oil demand – increase in Brent price
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Global demand is projected to rise by 1.7 mb/d more than expected in the 1st quarter of 2024, due to improved prospects for the US and fuel, according to the International Energy Agency (ILO) report, at the same time as international prices of Brent are rising. While the oil increase of 2024 has been revised…
6.4% lowered the overall import price index in the industry in January 2024
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General prices in industry decreased by 6.4% in January 2024 compared to the corresponding January 2023 index, according to the Greek Statistical Authority (ELSTAT). When comparing import price indices in 2023 to 2022 there is a 0.4% increase. According to ELSTAT, this reduction in so-called ‘imported inflation’ is due to: In reducing the price index…
“Camp” International Energy Agency for greater than projected oil demand – Increase in Brent price
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Global demand is projected to increase by 1.7 mb/d more than expected in the 1st quarter of 2024, due to improved prospects for the United States of America and fuel growth, according to the World Oil Agency report. While the 2024 increase has been revised by 110 (kb/d) thousands of barrels since last month’s Report,…
ELSTAT: Rise 2.6% in the third quarter of 2023 in passenger traffic in ports
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According to the , there was an increase of 2.6% in the third quarter of 2023 compared to the third quarter of 2022 in total passenger traffic in Greece, while there was an increase of 19.2% in the corresponding comparison between the third quarter of 2022 and the third quarter of 2021. As ELSTAT also…
‘Campanaki’ International Energy Agency for greater than expected oil demand
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Global demand is expected to “increase more than anticipated” in the first quarter of 2024, mainly due to the improvement of prospects in the United States and the increase in demand from ships around Africa in order to avoid the attacks of Yemen’s Huthi rebels, according to the International Energy Organisation (IEA). Oil demand is…
Interest rates of the ECB: Two reductions by August and two by the end of 2024
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In favour of two reductions from the European Central Bank (ECB) prior to August and two others before exhaling the year, the Greek central banker, in an interview with Bloomberg, joined. “We need to start reducing interest rates soon so that our monetary policy doesn’t become too restrictive,” said Giannis Stournaras. “It is advisable to…
Athens Exchange: At 1,404.29 units the General Index – Near record levels the shares in European stock exchanges were moved
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Mild upward trends are recorded by the shares at the opening of today’s meeting (14.3.2024), with the market moving over 1,400 units, amid an upward movement of European markets. The General Index of Prices on the Athens Stock Exchange at 11:00, is set at 1,404.29 units with a rise of 0.32 %. The value of…
Skrekas for a Lent basket: Variations in prices in supermarkets from chain to chain – What is the price of hare
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The Minister of Development spoke about price variations on the supermarket shelves, speaking to the SKAI about her basket. Costas Skrekas emphasized what the price of the hare is this year, so that consumers could identify when it becomes a dirty profit. “The deviations are either due to real data, such as the operating costs…
Skylakis: Top successful loans by the REPower EU – Proceeds with high speeds its implementation
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Greece is currently halfway to the implementation of the European REPower EU programme with a horizon of 2026. According to the Minister for Environment and Energy, the government has completed the reforms it needed and is moving forward with optimism on the follow-up. Theodoros Skylakakis said at an IOBE event that Greece is ahead of…
Papathanasis: Changes are coming to the National Recovery Fund Plan with new project gaps
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For upcoming “day” changes to Greece’s national plan, the Deputy Minister of Finance, spoke on an IOBE and European Commission event panel. Nikos Papathanasis made it clear that we are not talking about a complete revision of the Recovery Fund, as each country has the right to such a process and Greece has already taken…
The double bet of the new assistant to the economy today and pensions tomorrow
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Faced with two bets is the Insurance Fund ( ), which organized yesterday (13.03. 24) to which Prime Minister Kyriakos Mitsotakis spoke. TEKA’s first bet is about attracting new insured persons, especially those born after 1 January 1987, i.e. those who are currently up to 37 years old. The second bet is the most efficient…
Tax: ‘Ravas’ to 1,500 taxpayers who declared income up to 10,000 euros but excessive expenditure
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Messages have begun to receive 1,500 to explain what they have stated in for 2022. In particular, they are taxpayers, in their vast majority of freelancers, who declared income to the tax office up to 10,000 euros, which cannot justify their excessive spending, which in cases exceeds 150,000 euros. As a daily report points out,…
Within summer projects of EUR 900 million are auctioned to restore the road network of Thessaly
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a budget of 900m euros to restore it to the affected areas of Thessaly and Central Greece will be auctioned during the summer, as the Deputy Minister of Infrastructure and Transport, responsible for Infrastructure, Nikos Tahias, said during his tour of Karditsa regional unit. As Nikos Tachiaos pointed out, it is until the end of…
Married 37-year-olds with an income of 18,000 euros most housing beneficiaries 105,000 euros
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Thirty-seven-year-olds, married, with an annual income of 18,000 euros are – proportionally – most beneficiaries (an average of 105,000 euros) under my “Home” programme, according to what results from its aggregate execution data. It is recalled that the housing loan scheme “My Home” (IPP) concerns the granting of low-interest or interest-free housing loans to young…
ADE: Countdown for the provision for automatic completion and reporting for employees and pensioners
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In the immediate days the provision for the automatic completion and submission of this provision is expected to be submitted to Parliament for about 1 million and which in 2023 gained income exclusively from salaries and pensions. For these taxpayers (employees and pensioners) the codes in Form E1 will be pre-filled and all they have…
The secret meeting Gerapetritis – Jerome, the “communicational paraskia”, the old and the new “Stasinocards”, J. Pyatt and the look towards the sea wind and the reversals in the market Consulting
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Tetsa with ‘Baydenopoulos’ US Ambassador George Tsounis from Alexandroupoli yesterday announced that on 4 April Prime Minister Kyriakos Mitsotakis, “will be in Washington and meet in the oval office with US President Baidenopoulos”! As Baidenopoulos the American president was introduced in order to highlight his close relations with the Greek family. Government sources have said,…
Athens Transport: “Rating road” for the 140 electric buses of Athens and their chargers
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A road race is held by the relevant Ministry of Infrastructure and Transport and OSY (Road) to go out on the streets of Athens in Spring the first 140 to renew in the capital’s “urban fleet”. In a sense, however, this major issue for improving the provision of urban transport services relates to the parameter…
EU: The two critical dates for farmers – bureaucracy and imports from Ukraine
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With their protests continuing, although in milder tones, in the upper instruments are on the way so that solutions can be found to the issues raised at the table, beginning on Friday (15.3.2024), when the Commission will also announce a ‘package’ of measures to reduce bureaucracy. European leaders meeting at the European Council (21-22.3.2024) next…
Lower or equal to last year’s supermarket prices in products of the Saracostian table
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The prices of the basic products of the Saracostian table appear to be lower or equal to last year, while they positively see executives of the Ministry of Development on the first day of application of its “Calathion” in . From comparisons of baskets of Lent in two large supermarket chains the following elements arise:…
Theocharis for taxation of groups and multinationals: Total revenue expected at EUR 95 million
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We are not only concerned with the basis of the tax pyramid, but also with its peak, the Deputy Minister of Finance, Mr, told the House during the debate on the bill on multinational and domestic groups. This bill, noted Mr. Harry Theocharis brings “a presumption of minimum taxation for multinational companies” and this is…
Athens Stock Exchange: Rise 0.29% for the General Index, at 177.85m euros per turnover
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Their prices in today’s meeting (13.3.2024) in Athens, with the market closing slightly lower than the 1400 units, which had been broken up intra-sessionally. The General Index on the Stock Exchange closed at 1,399.87 units, recording a rise of 0.29%. Intraconferences recorded a higher value at 1,407.68 units (+0.85%). The value of the transactions was…
China: Commits state reserves to enhance equipment replacement in households and businesses
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Central government funds are committed to encouraging consumers and replacing them with old equipment and goods, which is a pillar of the economic development plan of about 5% this year. As quoted in a Bloomberg report, the household and business equipment renewal project may receive support from the central government budget alongside tax reliefs and…
Ministry of Digital Governance: ‘Close’ on Friday applications for the ‘TV Coverage in White Areas’ action
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On Friday (15.3.204) their cycle for the Action “White Areas for the access of areas outside television coverage to the program of Greek television stations”, according to a press release. Beneficiaries may apply digitally on the page until Friday, March 15, 2024 at 21:00, when the current and final cycle of the Digital Governance Ministry’s…
‘Research – Innovative’: In the next period, the call for interest will be published.
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Pre-published action posted “I’m researching – Innovative” the 2021-2027 program and the invitation will soon be published, as the Ministry of Development has announced. The main objective of NSRF’s action is to link research and innovation to entrepreneurship and to strengthen competitiveness, productivity and extroversion of businesses to international markets, with a view to moving…
ESF: Monetary measures are coming to halt the decline in banking liquidity
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Monetary policy interventions announced today (13.3.2024) by the European Central Bank ( ) in order to halt the gradual decline in banks, adjusting the interest rate on the deposit facility. This liquidity will be provided with a wide combination of instruments to ensure that the implementation of the policy will continue to be effective, robust,…
DYPA: In Piraeus the ” Career Day in Tourism” – 100 businesses offer over 3,000 jobs
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In Piraeus the event “in Tourism”, from Saturday 30.3.2024, will take place at the Peace and Friendship Stadium – SEF (Ethnarchos Makarios 1, Neo Faliro 185 47, Piraeus), from 10:00 to 18:00. The event will take part in 100 tourism companies with more than 3,000 jobs of all relevant specialties and different levels of specialization.…
International markets: Growth in Europe leads to shares at new high levels
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International markets were moving towards new high levels today (13.3.2024) after the new rise in and Wall Street, with investors betting that the highest of expected inflation in the US does not stop the American Fed and other central banks from going down interest rates. Asian shares rose to a high of seven months during…