Germany’s economy ministry said today it is extending the deadline for a 5 billion euro aid package for energy-intensive businesses and finalizing details of a program intended to help them deal with soaring electricity costs, Reuters reported. Companies can apply until the end of September for subsidies of up to 50 million euros for increased […]
Tag: Businesses
Ch. Staikouras: We will be next to households and businesses for the electricity increases
The positive image of the Greek economy is clouded by the high inflation caused by the jump in energy costs, said the Minister of Finance, Christos Staikouras, speaking to SKAI. The positive image is shaped, as the minister said, by tourism revenues which, if they continue at the same pace, may exceed those of 2019, […]
What are the 28 companies active in Greek coastal shipping?
By Anastasia Vamvaka In 2022, 100 coastal ships serve 115 islands of the country daily, either connecting them to the mainland or making connections between them. Most – especially these days – depart with occupancy that reaches 100%, however the bet – despite the data for record tourist traffic – is that the revenue from […]
Retail companies turn off lights, reduce operating hours to save energy
As energy bills rise and the threat of rationing intensifies, some European retailers are turning off the lights and considering shorter opening hours this winter. Energy chiefs and government officials are urging citizens and businesses to reduce energy consumption and draw up contingency plans to reduce reliance on gas imports in the event of shortages […]
Countdown to a new reduction in the non-salary costs of businesses
Of Dimitris Katsagani The government is preparing another reduction in non-salary costs. According to valid information of Capital.gr on the table is a 0.6% reduction in the insurance contributions of employees, which will in fact take effect from January 1, 2022. In fact, the same sources state that the intervention will probably be in the […]
Why deposits are increasing despite accuracy
Of Leonida Stergiou Increased tourism receipts were the main contributor to June’s new increase in deposits for businesses and households. Also, a number of other technical factors, such as extensions of tax returns, loan disbursements, strengthened the recording of net inflows into the system. Something that can have a positive effect in July as well, […]
How will the second wave of the digital job card “run”.
By Dimitris Katsaganis The second wave of application of the digital work card will begin from large companies, according to sources from the Ministry of Labor. The reason for a tool that is already implemented in banks and supermarkets (first wave) with which the immediate, real-time update of the “Ergani” information system is ensured for […]
ECB Survey: Eurozone businesses worry about lingering inflation and wage pressures
Businesses across the euro zone continued to report rising inflationary pressures and accelerating wage growth, even as the overall growth outlook grew increasingly dim, a European Central Bank survey of 71 large firms said, according to Reuters . Worried about steadily rising inflationary pressures, the ECB raised interest rates more than expected on Thursday and […]
KEEE research: The risk of ‘harsh’ business consequences from the war is limited
Greek commercial and import-export businesses to and from the two warring countries, Russia and Ukraine, can cope with the new environment with changes in their commercial policy. As far as tourism businesses that depend on Russian and Ukrainian visitors are concerned, they must be given time to limit the economic consequences. These result from the […]
‘Trick’ from coffee companies to put the environmental tax in their pocket
By George Lampiris Interpretations are currently controversial regarding the effectiveness of the measure of imposing the recycling fee when buying coffee at points of sale, where however many of its executives come to question whether in practice this measure has worked. Characteristic in this direction was the position of the president of the Hellenic Coffee […]