Greece’s merchant associations this week were the latest professional group request a specific stimulus plan to fund “working capital” for the non-durable sector, similar to a similar credit scheme for the food & beverage sector and tourism-related businesses.
Representatives called for a 300-million-euro “injection” towards the retail sector.
The heads of several national and regional merchants’ association on Wednesday said retailers’ losses are 4.5 billion euros alone from the pandemic-related restrictions and lockdown.
Conditions put forth for such support, according to sector reps, would be if businesses operate on a seasonal basis, a verifiable drop in turnover, a ceiling on support per tax code number, and, exclusion of large retailers that remained open during the pandemic or had access to subsidized bank lending.
στο Google News και μάθετε πρώτοι όλες τις ειδήσειςLatest News
Greece’s Labor Market Trends; Job Vacancies Surge
According to the latest data job openings soared to a record high of 70,826 positions in the first quarter of 2024, marking a remarkable 115.6% annual increase.
Eurostat: Inflation in Greece and Euro area at 2.5% in June
Final figures on inflation for Greece came in slightly worse than the preliminary figure of 2.4%, released by ELSTAT at the start of July
Greece Acts to Protect Consumers amid Soaring Electricity Prices
Skylakakis outlined the government's initiatives but withheld specifics regarding the emergency tax and bill subsidies, which are slated for finalization by late July.
Cruise Industry Opposes New EU Plan for Piraeus Port
According to the Plan, cruise ship passengers will be transported by shuttle boats from Piraeus port to the Peace and Friendship Stadium (SEF), so that they can then travel to Athens
Greek State to Reopen 3.875% Bond on Wed.
Bond of 3.875% is set to mature on March 12, 2029
Critical Week for Greece-Cyprus Cable
The study concluded that the social benefits of the interconnection, totaling 8 billion euros, far outweigh its 1.9 billion euros construction cost, resulting in a net social benefit exceeding 6 billion euros.
Roberta Metsola Re-elected President of European Parliament
Her second term will be for a period of two and a half years
ELSTAT: 1.5% Increase in Business Turnover in May 2024
The most significant increase in turnover in May 2024 compared with May 2023 was recorded from the enterprises of the Accommodation and Food Service Activities, sector which grew by 14.8%.
Cosco: Container Traffic Decline at Piraeus Port Continues
This strategic shift has diminished Piraeus's standing as a prominent Mediterranean port and a key transshipment hub post-Suez Canal.
Gov’t Eyes Return of Power Subsidies Amid Spike in Rates
According to reports, the government will resume an electricity subsidization program, given that forecasts cite disruptions – i.e. higher rates
![Ηλεκτρικό ρεύμα: Χάσμα τιμών τις βραδινές ώρες στην Ε.Ε. εξαιτίας των δικτύων – 10 ερωτοαπαντήσεις για τις τιμές [χάρτης]](https://www.ot.gr/wp-content/uploads/2024/07/17_07_ot_hlektr_brady-90x90.png)
![Αεροδρόμια: Αυξήθηκε η 11,4% η επιβατική κίνηση το α’ εξάμηνο [πίνακες]](https://www.ot.gr/wp-content/uploads/2024/07/ot_airport_affixeis-90x90.png)
![Τουρισμός: Ποιες χώρες ηγούνται της παγκόσμιας ανάπτυξης – Στην 9η θέση η Ελλάδα [πίνακας]](https://www.ot.gr/wp-content/uploads/2024/05/02tourismos10-90x90.jpg)
![Ηλεκτρικό ρεύμα: Χάσμα τιμών τις βραδινές ώρες στην Ε.Ε. εξαιτίας των δικτύων – 10 ερωτοαπαντήσεις για τις τιμές [χάρτης]](https://www.ot.gr/wp-content/uploads/2024/07/17_07_ot_hlektr_brady-600x352.png)
![Αεροδρόμια: Αυξήθηκε η 11,4% η επιβατική κίνηση το α’ εξάμηνο [πίνακες]](https://www.ot.gr/wp-content/uploads/2024/07/ot_airport_affixeis-600x352.png)
