Mitsotakis found a factory open, what was he waiting for… Sunlight for the gigafactory and the Vardinogiannis allowance at the refinery – Economic Post – 2024-04-04 16:14:58

I had informed you that with the minimum wage at 830 euros per month, the Maximos Palace and the Prime Minister, Mr. Kyriakos Mitsotakis, intended to make a big fuss! Communicatively I mean, jovial … fuss! But the plan was ruined by the motion of no confidence submitted and the consequences – you know that thoroughly. However, until the European elections there is no other “benefit” – the Minister of National Economy and Finance Mr. Kostis Hatzidakis cut off the Easter allowance, with the well-known “there is no money”!

Capitalization

However, he must somehow capitalize on the “political surplus value” – he broke … so many hearts and took the bottom to 830 euros. As they say in my village, “the crooked is right”, hearts are broken and not a few. Okay; Let’s be fair! But with all this “perching” and the … incidentals, caused by the three-day Parliament, the person must find a way to be able to “collect”….

Luckily he went to “The Sun”

And he decided to … “sell” it himself! So after the party in the square of Moschato last Sunday, he went to “enjoy” the love of his… “citizens” – that’s irrelevant! – yesterday he was found in a factory that … works! And it’s going well – always like that! Of course, he could not go to “Youla” to “sell” the 830 euros, because there would be no one to open the door for him! I guess you will have heard about it – ok the Economist didn’t write it but… – “Yula” rolled down the shutters. Three hundred in the ace….

No ballots

So he went to “Ilio”, the old and well-known spice company. And he found people working. And guys – yes by God – he started telling them about how much he fought to get the minimum wage to 830 euros, that he made four increases in the minimum wage so far, that he increased it above inflation and stuff like that. All he didn’t say to them was “remember me when it’s time to vote.” No ballot papers were handed out – besides, they haven’t been printed yet!

On the tartares

Yes guys, he went and told them about the increase he made! Obviously, it would not have crossed his mind, neither himself, nor his excellent staff, the possibility of asking them “how do you manage?”, “what problems do you have?”, “how do you think?”. To show, in any case, an interest…. He learned from outside that he wrote on fb on Sunday and went and told them! I have the impression that the psychological situation inside the Maximus Palace “oscillates” between despair and panic…

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Investments

The latest figures from the Bank of Greece and ELSTAT on the course of investments are anything but encouraging.

More specifically and according to the Bank of Greece, investments from abroad fell in 2023 by 40% compared to 2022, namely to 4.48 billion euros.

But also in ELSTAT’s GDP data it was seen that in the last quarter of 2023 investments decreased by 5.7% compared to the corresponding period of 2022.

So the question is attracting investment.

The master plan of lignitization

OT has informed you about the impasse in the implementation of the master plan drawn up by the government in 2020, which provided for the attraction of investments in the former lignite areas of Western Macedonia.

Sunlight of the Olympia group had proposed the construction of a large factory (gigafactory) for the assembly of energy storage systems (batteries) in Western Macedonia.

Η Sunlight

You will of course also remember the statements made a few months ago by the CEO Mr. Lambru Bisala who did not hide his disappointment at the fact that nothing was being done about the 1.5 billion euro investment in recent years other than discussing it with the government. Simply put, there was no light at the tunnel in terms of the granting of state aid (one of the incentives for investment in the former lignite areas).

I have looked into the matter again to see if there is any progress as to the course and fate of the investment.

Nothing new… And everything shows, as I learn, that the initiatives of the movements remain with the competent Deputy Minister of National Economy and Finance, Mr. Nikos Papathanasis.

In simpler words, it is not particularly clear whether he has finally proceeded to submit a request for the grant of aid for the factory…

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Birth deficit

The country’s demographic problem usually focuses only on the state’s responsibilities.

And yet, in the economy and the market, there are also companies, which take initiatives to encourage their employees to deal with low birth rates.

Motor Oil

Motor Oil therefore, with its post on LinkedIn, announced its practical contribution to dealing with subfertility. It will grant 20,000 euros to each employee of the group with a third child: “With a high sense of responsibility and guided by the long-term support of its employees, the Motor Oil Refinery contributes in practice to the fight against low birth rates, approaching with respect and sensitivity the needs of its people “, the post states and continues: “Motor Oil will offer the families of its employees, for each child after the second 5,000 euros, upon birth, 5,000 euros, as soon as the child reaches the first six years of life, 5,000 euros, after becomes 12 years old and finally 5,000 euros, upon his coming of age. In total, every family that acquires more than two children will be supported with the amount of 20,000 euros, for each new child….”

The Vardinogiannis family is the first employer to undertake such an initiative…

Let’s hope that other entrepreneurs will follow…