Well, this summer, the railing becomes the … sunbed! All over Greece. And it’s not only the “nailers” on the relevant platform of the Ministry of Finance, MyCoast – that the authorities get to work, more than 10,000 checks were carried out in July alone! – is that there is an unprecedented disruption.
The system
You know, in the “system”: MPs – mayors – businessmen. Some cry and some laugh, that is, as the old song said. It’s about the criminals and the law-abiding!
The mayors
As for the mayors who had committed construction violations in various areas, the Ministry of Finance gave them a six-month deadline to settle them. And somehow the mayors’ protests were “disabled”.
The deputies
Only the MPs were left like this – do you remember that at the first meeting of the New Democracy parliamentary group, many of them protested why ministers and general secretaries did not pick up the phones? – who found work to do over the summer. What exactly;
The phones
As soon as the inspectors come and “cut the suit” to the offenders – who take some sunbeds down to the sea – the calls to the Ministry of Finance begin. You know, “maybe we can write off the fine” and “he’s a poor man” and “now he’s waiting to make a few francs”!
Crete and Ionia
The primaries in telephone calls to the Ministry of National Economy and Finance – at the highest scale… – are held by the MPs of Crete and the Ionian Islands. Makes sense! These are two of the most touristic areas of the country. Not that the deputies of other regions are going backwards, but no matter how we do it, they are the most active!
The fines
Because apparently the employees of the ministry’s real estate services are equally active, since in the last week of July more than 5,000 checks were carried out across the country. And the fines imposed in total amount to 1.15 million euros!
“shadowed”
However, I have to admit that there are not a few who have been… “overshadowed”! Because as they told me, the control came, saw the illegality, cut the fine, the person involved didn’t pay it and again the following year. But everything has an end…
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The naval battle of the cables…
It’s not just the battles… on the beaches for the sunbeds.
There are also the naval battles… for the treasure in the green transition.
And I am referring to the new major project of ADMIE which concerns the electrical interconnection of the Dodecanese and the islands of the North-East Aegean with the continental transport system.
The Operator has the €1.7 billion tender for the submarine cables underway.
The tender for the submarine cables moves to the second phase. ADMIE doesn’t say it, but I learned and I’m bringing it to you, that there will be a naval battle going on… between the three biggest cable producers: Hellenic Cables, Nexans and Prysmian…
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Who are looking for gold in… bad loans?
And if the “green” transition and the businesses around it hide a treasure, there is another market that hides gold.. And I am referring to the once red loans of the Agricultural Bank and other cooperative banks.
I learn that the process of selling “red loans” amounting to 4.8 billion euros of PQH went through a thousand waves…
Gaza and the US
It makes sense because of the volatility that plagues international markets. As the process began, the war in Gaza broke out and, more recently, the stormy developments in the pre-election battle in the US. One candidate even chose for his own reasons to leave…
“Hercules” and the sonorous names…
However, the largest transaction of loan portfolios outside of “Hercules” was completed with complete success. And it attracted famous names from the world of funds. Bain Capital and Fortress were among the buyers.
These people think that they will find “gold”… in the garbage.
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The energy
However, the energy leaves surplus values, especially for those who position themselves in time with investments that contribute to the economy.
I will tell you the news from such an investment.
Thermoelectric Komotini
And I’m referring to the state-of-the-art gas-fired power plant, the Komotini Thermoelectric Power Plant. Its power is 877 MW and the plant has been built and will be operated half-time by GEK TERNA and Motor Oil.
The investment amounted to 377 million euros.
I am informed that Thermoelectric Komotini is in the testing phase of the equipment and will enter into trial operation in the Autumn.
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#MPs #sunbeds #Bain #Capital #Fortress #gold #red #loans #naval #battle #Greek #Cables #Nexans #Prysmian #Economic #Post
