An interesting event will be held by Piraeus Bank today in Larissa. For greenhouse facilities.
Which will be attended by the president Giorgos Chatzinikolaus and the CEO Christos Megalou, of the bank.
The Minister of State Makis Voridis will also be there, since he knows the area well, from his previous term at the Ministry of Agricultural Development and Food.
And his role will be a catalyst, since, as I learn, he will take on the thankless role of “firefighter” to keep everything running smoothly at the event.
Effervescence
Because behind the lights of the event, the world there is “boiling”. Not for Piraeus, of course.
But for the government. And mainly for OPEKEPEwhich has asked back more than 50 million euros to 190,000 farmers. That is, from subsidies given.
Villages that the funds that will now be intended for the large greenhouses are taken from those that were allocated for the improvement projects (irrigation, infrastructure, etc.).
In other words, he will cut from the conditioners and give them to the greenhouses.
Reactions from the advisors as well
Of course, the reactions are not only among the farmers, but also from the consultants who run the improvement projects. It was a great source of income for those who act as intermediaries for the needs of the region and beyond.
Unless Mr. Voridis finds the golden ratio, as he is the one who actually runs the big projects. Connoisseur of the art of diplomacy, gar.
It is enough to inform the “normal” Minister of Rural Development about the new reality, as I learn that he has not noticed the impasse with OPEKEPE.
That basically he will not give subsidies this year. It has lost its certification due to problematic operation. Let Mr. Voridis inform him at least…
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No other investments
In any case, however, the field of investments in the primary sector is open and very promising.
Of course, the same is not true on another front, that of energy. And the sad thing is that the responsible ministry has not even understood it.
But, the energy industry is now saying it openlyโฆ it doesn’t want new investors.
There are so many projects in the works, which are not only sufficient for the needs of the country, but possibly cover them twice.
The thoughtsโฆ
The thing is, despite the murmurs in the industry, sooner or later they will have to learn to live with business risk.
Because I learn that in Ministry of Energyhave begun to consider phasing out all forms of aid.
In simple words, that is, without any participation in terms of state subsidy.
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Other fronts
In addition to the now known issues, the relevant government officials must also prepare the legislative regulation regarding the debts of 119 million euros (!) of the municipalities of Kozani and Ptolemaida to PPC, which accumulated in the previous years.
The arrangement being promoted, as I am informed, provides for a combination of a “haircut” by PPC, a subsidy from the Ministry of the Interior and repayment of the remaining amount in installments.
Of course, nothing is certain yet, as the local rulers continue their delaying tactics.
I reckon they will stop the crowns once they realize that a region with low temperatures is in danger of being left without district heating.
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The persistent wins…
In the motto that “persistent wins” it seems that the government remains. And I say it on the occasion of the intervention of the Minister of Finance, Mr. K. Hatzidakis, at the Eurogroup.
Mr. Hatzidakis referred, among other things, to the destruction of the electricity generation infrastructure in Ukraine, which resulted in significant increases in electricity prices in some EU countries during the summer, including Greece.
The Prime Minister had supported the same in his recent letter to the President of the Commission.
To get the answer then from Ursula von der Leyen, that investments are needed to reduce electricity prices…
Maybe if they persevere, they will achieve something.
THE MINISTER Kostis Hatzidakis
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Things are happening elsewhere…
But as long as the Greek government remains in line with the letters, from today “things” are happening in the neighboring country.
Because there it is the US Under Secretary of State for Energy Resources, Jeffrey Pyatt. He had also passed through Athens, where he met only with government officials.
In Istanbul today and tomorrow, however, his program will be… expanded.
There, Mr. Pyatt will participate in the Atlantic Council think tank’s Clean and Secure Energy Regional Conference.
Officials from Albania, North Macedonia and Romania will also participate there.
The world of the neighborhood that is…
As everything shows, then, the Greek government let another opportunity go to waste. After all, we all know the power Payat has in the region. And not only.
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Americans knowโฆ
Of course, the same did not happen with Cenergy. Now you will tell me how the two are related. Of course I mean the listed plant in Maryland. And how the Americans handled it.
Because both the CEO, Alexis Alexiou, and the CFO, Alexandros Benos, of the listed company, confirmed that they have been warmly welcomed in America. Whatever problem there is, they hurry to solve it so that the factory can move forward.
Nothing to do with Europe…
After all, the difference is chaotic, with the cost and licensing time being about 1/3 compared to Europe…
That is why the administration “runs”. He only has to win.
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There is interest
There are administrations that simply make “noise” in the market and there are also those that speak with their strategic moves.
And one of them is GEK TERNA. It is no coincidence that two 24 hours after Attiki Odos passed on it, an investor appeared.
I’m talking of course for the family office of Latsis. It showed how much confidence there is in GEK TERNA’s strategy in terms of concessions.
Now it is possible that we will see others knocking on the door of GEK TERNA and others… if you ask me… I would “play it” anyway.
After all, the law provides that GEK TERNA is obliged to keep at least 34% of the shares of the concessionaire, i.e. “Nea Attiki Odos” in the first five years.
So there is room for others to cut tolls!
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The “dowry” of Danielides
Until the end of the year, the reins of the Athenian Brewery will be held by Alexandros Danielides, who takes over as head of the Heineken group for 9 countries in Europe.
Then it is estimated that the manager who will succeed him at the helm of the Greek subsidiary of the Dutch brewery will be officially announced.
Mr. Danielidis is handing over the baton in a particularly demanding situation, however with performances above the market average.
Information wants the company to “run” at high single-digit rates, taking advantage of the rise in tourism to the country’s popular destinations.
Moreover, the full range and various price options it can offer consumers maintain the positive sales momentum.
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