The Hatzidakis warning, Papathanasiou leaves, Lebanon comes to HELLENiQ ENERGY and Sakellaridis and Khazapi’s exhortations – Pitta – Economic Postman – 2024-04-07 23:52:00

The Minister of National Economy and Finance Mr. Kostis Hatzidakis… “is flying to the seventh heaven”! In a “crescendo” … of self-aggrandizement – on fb, where else – Mr. Hatzidakis celebrates his reform effectiveness. What does it refer to? But, in the interface of cash registers with POS. Which he had declared to be a maximum reform – also financed by the Recovery Fund.

the 90%

In his celebratory post, Mr. Hatzidakis mentions, among other things, that 90% of businesses have either completed the interconnection or have scheduled an appointment to do so by April 30. It is about 255,000 businesses, of which 145,000 businesses have completed it, while another 110,000 have made an appointment.

Warning

Only 10% remained, he claims, of which a part is seasonal business and another part has not complied. And he also warns the opposition parties not to dare to take them under their protection. In fact, we will read the rest on Sunday on Prime Minister Mr. Kyriakos Mitsotakis’ FB page…

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HELLENiQ ENERGY

In the energy group HELLENiQ ENERGY, the management and all relevant departments are already working for the annual regular general meeting of shareholders in June – close to the European elections….

It is the new milestone and the top corporate event, as it is for any listed company.

At the annual general meeting, I learn that in addition to the approval of the financial results and other decisions that the management will propose to the body of shareholders, there are also expected to be changes at the highest levels.

Mr. Yiannis Papathanasiou

As I am told by the market, the biggest change will be in the position of the chairman of the board of HELLENiQ ENERGY.

Let me remind you that the president since June 2019 is – and will remain until the June assembly… – Mr. Yiannis Papathanasiou. But then his five-year term ends.

The former minister of the governments of Mr. Costas Karamanlis – and the most unfortunate Minister of National Economy… – but also the president of the then EL.PE in the period 2014-2015, had placed himself at the head of the energy group representing the interests of the Greek public.

The Latsis group

Mr. Papathanasiou also had good relations with the other major shareholder of HELLENiQ ENERGY, the Latsis family. Some argue, after a word of knowledge, that Mr. Papathanasiou had been proposed by Mr. Spyros Latsis and the Prime Minister, Mr. Kyriakos Mitsotakis, had agreed. And he had – of course – a very good and close collaboration with the group’s managing director, Mr. Andreas Siamisii. A person of Mr. Latsis’ absolute trust.

The fullness of time… has arrived for the former government executive of New Democracy and now he is leaving the position of president. His term will not be renewed….

Mr Spilios Livanos

So who will be his successor? As is circulating in the market, the new president will be Mr. Spilios Livanos.

Classmate of Prime Minister Mr. Kyriakos Mitsotakis, at the College of Athens.

Mr. Livanos, also a member of the ND and twice elected MP in Etoloakarnania, in 2007 and 2019, had served as Minister of Rural Development and Food for one year. From January 2021 until February 2022.

The expulsion

Let me remind you that he was dismissed by the prime minister when in a meeting he had with Mr. Petros Doukas (mayor of Sparta) the then minister not only did not react, but over-examined the mayor’s statement saying that “in 2007 the ND government changed the climate after the deadly fires, because he was handing out money in bags… to anyone who spoke Greek.” Mr. Livanos then commented to Mr. Doukas (he was minister of the ND in 2007): “You made an epic during that period…”

Deep cooling…

It seems that the Prime Minister’s friend finally “served his sentence” – of “deep cooling”. And the prime minister “wanted” to restore him. And rightly so, I would say, because every “offense” has its penalty! And even in a prominent position. As is the position of the president of HELLENiQ ENERGY.

I guess with the agreement of the other big investor too…

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Indian and Arabic…

Greek exporters are looking for new markets in the prolonged environment of instability, created by inflationary pressures, permanent war fronts and … Houthi rockets. And he even forces executives of several export companies to take intensive “lessons” … of the Indian and Arabic languages!

The prospect of developing contact channels with emerging economies was particularly highlighted at the conference of the Panhellenic Association of Exporters with the president, Mrs. Christina Sakellaridis and the vice-president, Mrs. Alexandra Khazapi-Pitta urging exporters to turn their radars to India, the Arab countries and Southeast Asia .

Mr. Adonis Georgiadis

The Minister of Health, Mr. Adonis Georgiadis, who spoke at the same conference, having just arrived from the meeting led by the Prime Minister with the global elite of the pharmaceutical industry at Megaros Maximos, spoke of a cosmogony of investments by the Greek pharmaceutical industry in the coming years. I hope that Mr. Georgiadis on the investment performance of this sector will be confirmed. And to break the streak of… locks!