The aftermath of the Russo-Ukrainian War creates uncertainty in the economies of the world. However, the Greek business will win this “battle”, despite the great difficulties, estimates the President of the Union of Hellenic Chambers, Giannis Masoutis.
Despite the great difficulties, “entrepreneurs should see the glass half full and not half empty”.
After the pandemic came the war that causes energy and economic upheaval, with consequences for all economies, with imported inflation that besieges businesses. Entrepreneurs are called upon to lift the “burden” once again. We are faced with an external wave of price hikes, but “Greek businessmen must and have proved that they will succeed”, stressed the President of the Union of Hellenic Chambers.
2022 will still be a good fiscal year for Greece
“The crisis is also affecting the Greek economy, but it will not finish it off,” said the President of the Union of Hellenic Chambers. Businesses withstand strong international shocks, said Mr. Masoutis, despite the huge challenges and high uncertainty, and “Greek businesses will remain an example to emulate”.
According to Mr. Masoutis, the Greek Government was called to act immediately, in very adverse conditions, to deal with the consequences of the war “by spreading a safety net over companies”, while regarding the 3% ceiling on professional lease increases The President of the Central Union of Chambers estimates that “due to the extraordinary circumstances it is a measure that will help companies to be able to cope with the pressures they receive from the imported inflation”.
Regarding the reduction of VAT on basic goods and services, Mr. Masoutis noted that the Central Union is in direct contact with the competent Minister of Development & Investment, Mr. Adonis Georgiadis, to examine the possibility of reducing it, in order to alleviate the burden on households and businesses.
Finally, commenting on the extension by 1 year of the term of the administrations of the Chambers, Mr. Masoutis stated that it is a “correct and fair” suggestion, as “the conditions created by the war in the market are not suitable for conducting an electoral process, which requires the appropriate means and the time available for this purpose “.
στο Google News και μάθετε πρώτοι όλες τις ειδήσειςLatest News
Vardis Vardinogiannis: ‘On a Ship’s Bridge You Always Look Forward’
Ten milestones in the half century since the creation of Motor Oil Group, as described by Vardis Vardinogiannis, who passed away on Tuesday at the age of 91
DBRS Says Greek Banks ‘Shielded’ from ECB Rate Cuts
The agency explains that fund disbursements through the banking sector will help offset pressures anticipated on interest margins beginning in 2025, due to expected rate cuts by the European Central Bank (ECB).
Meta Cuts Facebook and Instagram Subscription Fees by 40%
The social media giant also revealed that it will continue to offer free access to Facebook and Instagram for EU users, provided they agree to see ads based on a limited set of user data.
Skyrocketing Use of Debit, Credit Cards
The total value of the transactions conducted with debit and credit cards in the country in the first half of 2024 rose 2% on the corresponding period of 2023
JP Morgan Revised Greece Outlook to ‘Overweight’
The investment bank notes that Greece is showing the strongest GDP growth in the Eurozone. Additionally, efforts to clear up bank balance sheets are anticipated to yield increased capital returns.
Vardis I. Vardinogiannis, Greek Tycoon and Shipping Magnate, Dies at 91
In 1990, Vardinogiannis was targeted in an attack which involved three rockets fired at his vehicle by the terrorist organization 17 November.
Kudos for Greek Sheep’s Milk Cheeses
Graviera is the Greek version of the Swiss gruyère, and is generally considered the second most popular cheese made in the country after feta
EIB Survey: Greeks Rank Climate Change as Top Concern After Cost of Living
Specifically, 98% of the Greeks surveyed stated that the country must to adapt to climate change, with 60% saying that priority should be given to these adjustment measures
Trump Tells Putin not to Escalate Ukraine War during Phone Convo
Meanwhile, President Joe Biden, is preparing to lobby Trump against abandoning U.S. support for Kyiv
Former Thessaloniki Mayor Yiannis Boutaris Dies at 82
Boutaris entered politics in 2010, serving as the 60th mayor of Thessaloniki for two consecutive terms until 2019, becoming a transformative figure with his progressive policies.
