“We are experiencing a hybrid war, many businesses cannot price, they do not know whether they win or lose,” said Mr Vassilis Korkidis, President of the Piraeus Chamber of Commerce and Industry, speaking at the OT Forum that takes place in the context of the 86th Thessaloniki International Fair, while referring to the fruitless meeting of EU energy ministers on the price cap imposed on Russian gas, he stressed that the reduction of consumption by 9% in the second half of 2022 is “an illusory dream”.
Mr Korkidis spoke of energy costs for businesses estimated at around €12.5 billion, of which around €8 billion has been given as subsidies and it is estimated that this will rise to around €10 billion, creating a gap of around €2.5 billion.
Two packages of measures
Mr Korkidis referred also to the need for two packages of measures:
The first is the emergency and temporary package, with measures on energy costs, support for households and businesses. He pointed out the unfavorable environment created for borrowers by the increase in interest rates, as it is estimated that banks will receive an additional amount of about 1.2 billion euros.
The second package concerns the permanent measures with a four-year perspective and commitments and measures such as pension increase, minimum wage at 751 euros, further reduction of the corporate tax to 20%, abolition of solidarity levy and other similar measures.
στο Google News και μάθετε πρώτοι όλες τις ειδήσειςLatest News
Hate and Fear: The Magdeburg Tragedy and its Political Fallout
Security agencies appear overwhelmed, lacking clear criteria for identifying threats. The Magdeburg attack is a catastrophe for an already unsettled country.
PM Mitsotakis Discusses EU Defense, Security at North-South Summit
Hosted in Lapland, Finland, which shares a 1,300 km border with Russia, the summit brought together South and North European leaders to discuss security, defense, and migration
Surge in Investment and Soaring Housing Prices Across Greece
Greek housing prices have climbed sharply, recovering to 2011 levels and edging closer to their 2007 peak.
Greek Kiosks are Dying Out
The iconic Greek kiosk is dying out, and the empty shells remain to remind us of an urban everyday life that no longer exists.
Property Website: Athens-Area Residences Sold Within 6 Months, on Average
Data presented by the platform also shows higher prices in first 3 quarters of 2024
Bank of Greece Hails Economic Progress but Warns Stronger Growth Needed
Today's Bank of Greece Interim Report on Monetary Policy depicts a healthy economy, but warns that stronger growth is needed to fully overcome the economic crisis
Greek Christmas Dinner Costs Surges in 2024
The estimated cost for this year’s Christmas dinner (serving 6-8 people) ranges from 107.54 euros to 148.89 euros
Attica Bank to Eliminate Fees on More Banking Transactions
Attica Bank emphasized that these changes reflect its commitment to providing competitive and high-quality services
Cash Still Reigns in Greece Despite Surge in Electronic Payments
However, the ECB has expressed its opposition regarding legislative efforts by member states to restrict cash usage as a means of combating tax evasion.
Minister: Tourism Revenues in Greece to Hit €22 Billion in 2024
Sustainable development, investments, new offerings, upgraded training at the core of Greece's tourism strategy.
