Her Eleftherias Kourtali The outlook for global credit conditions has deteriorated and will deteriorate further into the rest of the year, amid slower global growth, higher debt service costs, lower consumer and business climate, and increased volatility and market risks, as warned. In particular, the protracted Russia-Ukraine military conflict poses wider risks that will continue […]
Tag: energy cost
What is the green pool that will reduce energy costs for industry
Of Thanks to Floudopoulos It aims to reduce energy costs for industry and through it it is planned to conclude bilateral contracts in the Greek market between major consumers and RES producers. The scheme for the famous green pool has been submitted for approval by the European Competition Commission with the aim of starting its […]
Businesses and households ‘eat from the ready’ – Reduction of deposits
By Leonidas Stergiou Household and corporate deposits continued to decline in February, confirming the forecasts of bank executives, when requested by the Capital.gr to comment on the vertical fall of January. As they had pointed out at the time, in addition to the traditional “deflation” that occurs every January, bank figures showed that the gradual […]
A. Tsipras for energy: Emergency plan with state intervention and ceiling in wholesale and retail
His belief that emergencies require an “out of the box” contingency plan to deal with the energy crisis and his assessment that the government “for many months has been leaving an energy cartel out of control to shape prices with frightening “The effects of the war in Ukraine have not yet been clearly seen,” said […]
El. Kourtalis: Energy costs raise the issue of sustainability for the textile industry
Mr. Eleftherios Kourtalis, President of the Association of Greek Textile Manufacturers, referring to the great energy crisis affecting the whole of Europe, is sounding the alarm bell for the effects of high energy costs, especially for the Greek textile industry. Prior to the crisis, the energy cost of the textile industry, a predominantly energy-intensive industry, […]
SYRIZA and the ‘crumb measures’ to deal with accuracy
By Niki Zorba Impoverishment of Greek society and “crumbs”. This is the assessment in SYRIZA of what the Prime Minister announced yesterday and the ministers are specializing today, especially in terms of Energy and everyday life. In fact, Mr. Tsipras, who continues his tours (currently in Thessaloniki) and his contacts with organizations on the way […]
Uncertainty over energy prices continues – What solution is being pursued for industry costs
Of Thanks to Floudopoulos Despite the slight de-escalation of the TTF price of natural gas to 131 euros / MWh, the prices of both gas and electricity remain high, putting pressure on businesses and households. Indicatively for today in the Greek market, the average wholesale price of electricity will be 298.71 euros / MWh, while […]
EKPOIZO: Vertical increase in consumer complaints about energy costs
Complaints about energy costs have risen sharply recently, according to consumer organizations, which say they are taking initiatives to celebrate World Consumer Day tomorrow. The Consumers’ Association Quality of Life notes that “complaints in the energy sector, between September 2021 – February 2022, showed a sharp increase (over 3,000 complaints), is indicative of the situation, […]
The energy bill for the Greek supermarkets is heavy
By George Lampiris Greek supermarkets have been in a state of flux lately, where in addition to the intense mobility that appears at the level of investigating possible acquisitions and mergers, they are also called upon to manage the factor called energy costs. At this time, energy costs are four times higher for all supermarket […]
Al. Tsipras: Need for immediate intervention so that farmers can afford the energy costs
“The alarming increase in energy costs and agricultural supplies has created suffocating conditions for producers across the country,” said SYRIZA-PS President Alexis Tsipras, after his visit to the “Argolic Land” agricultural cooperative and the discussion he had. with farmers and producers. “At the moment, the very existence of agricultural holdings in the country is at […]