The total budget of the investment projects that have been submitted, so far, to the loan part of the National Recovery and Resilience Plan amounts to 3.93 billion euros, as stated by the Deputy Minister of Finance, Mr. Thodoros Skylakakis, responsible for the implementation of the Program. in a special event, entitled: “Opportunities and Prospects […]
Tag: investments
Financing from TAA loans is claimed by 107 investments with a budget of 3.93 billion.
By Tasos Dasopoulos The budget of the 107 investment projects that have been submitted to the special electronic platform for projects financed by the loans of the Recovery and Resilience Fund reaches 3.93 billion euros. Of these projects, 13 investments with a total budget of 1.03 billion have been “contracted”, which will be supported by […]
The Committee for Iconic Investments of Exceptional Importance was formed as a body
On Monday, in the presence of the Deputy Minister of Development and Investments, Nikos Papathanasis, the Committee for the designation of investment projects as “Flagship Investments of Exceptional Importance” was formed in a body, in accordance with the provisions of Law 4864/2021 on Strategic Investments. The work of the specific Committee focuses on the opinion […]
Handelsblatt: 4 ways investors can take advantage of the electricity price surge in the stock market
The price of electricity in Germany does not seem to know any upper limit at the moment. It recently rose to 988 euros per megawatt hour – at the beginning of the year it was less than 150 euros. This is a problem for businesses and consumers, whose costs are rising dramatically. However, according to […]
What can bring the positive surprise to growth this year?
Of Tasos Dasopoulos Continuation of the good start made by the economy in the first quarter of the year, recording a growth of 7%, the Ministry of Finance sees for the second and third quarters of the year as well, since despite the persistent high inflation, Greece seems to maintain the growth momentum it developed […]
100-day road race to overhaul the Recovery Fund
By Tasos Dasopoulos The review of the Recovery Fund is equivalent to a 100-day race, which from September onwards should finalize the physical object of the investments to be implemented and also integrate the Greek REPowerEU, when, of course, the European Commission publishes the regulation for the new schedule announced in mid-May. Despite the planning, […]
Investments: Don’t be fooled by the stock rebound, analysts warn
By Eleftherias Kourtalis The markets are back on an upward trajectory, which is reinforced by the expectations that the central banks will now relax their aggressive attitude towards interest rate increases, however the risk of recession is already knocking on the door of the economy, especially in the Eurozone, and so after the relief, reflection, […]
Alpha Bank analysis: Rising interest rate cycle, investment and credit expansion in the Eurozone
The increase in interest rates by the European Central Bank (ECB) by half a percentage point – its first increase in more than a decade – marks the first move away from the policy of pursuing unconventional monetary policy, Alpha Bank economic analysts point out , in the bank’s weekly financial report. The ECB’s move, […]
Inflation and war turn the page on the Recovery Fund
By Tasos Dasopoulos The change of page of the national program for the “Greece 2.0” Recovery Fund is necessitated by high inflation, but also by the energy crisis that threatens to escalate if the catastrophic scenario that calls for the complete cessation of the supply of Russian natural gas to Europe is finally implemented. The […]
EY: $1 billion investment in next-generation technology platform
EY has announced an investment of more than $1 billion in a next-generation technology platform for audit and other assurance services. The move is part of the firm’s continued focus on providing high-quality audit services and responding rapidly to the changing expectations of regulators, governments, standard-setting bodies, audit committees and boards of directors. The four-year […]