The soiled and the unwashed… and the 4 misplaced ESPA of ETAD, the broom of Hatzigeorgiou and the bells for buy by CEOs – Financial Postman – 2024-07-12 09:07:14

The brand new administration of ETAD beneath Mrs. Iro Hatzigeorgiou had plenty of work to do.

As you’ll have learn yesterday in OT and TA NEA, the management of the corporate that may be a member of the Superfund filed a grievance with the Prosecutor for issues and issues… that he discovered after checks relating to actual property administration.

Circuits with unlawful and parallel short-term leases reached the purpose of extorting authorized tenants for a “bag” so as to use their authorized rented property…

The Deros Cave and the Achilleion

However past that, as I study, the brand new administration nonetheless has to wash up… and different errors and prices of the previous. Like for instance the 4 misplaced NSRA for initiatives of nationwide significance comparable to the event of the Diros and Achilleion Caves. They continue to be development websites carrying out of date tenders which ended up barren.

The above value ETAD 6 million euros because the deadlines for interesting a court docket determination have been missed…

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New construction

That’s the reason, in keeping with what I’m knowledgeable, a brand new construction is being created within the firm by attracting new executives from the personal sector to ensure that ETAD to enter a brand new trajectory.

On the similar time, the experience of TAIPED workers, which in any case belongs to the Hyperfund group, is utilized for the utilization of emblematic properties of ETAD.

“Tae Kwon Do”

And I’m referring specifically to people who are on the one hand extra complicated and alternatively present specific significance for the nationwide economic system, tourism and business. A typical instance is Tae Kwon Do’s property in Faliro, for which a brand new market analysis and pre-marketing is being launched so as to announce a brand new tender, with circumstances and specs that correspond to the precise information.

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The massive competitors

Let me additionally inform you at this level how the nice competitors to report and optimize the general public property so as to separate the “chaff from the wheat” is working parallel.

The truth is, this challenge has the brand new idea – framework created for the matter by the Ministry of Finance with the Superfund and the ETAD. That’s, the properties that can be utilized extra simply can be singled out and can be grouped collectively.

The clearing

9 personal sector company schemes will undertake to clear round 1000 properties every. They’ll then take over clearing for the subsequent 1000 properties. However with the clarification of every property then will probably be grouped with different properties which have associated or complementary traits, comparable to for instance residential, vacationer, industrial use, and many others. It will end in whole teams of properties, as an alternative of particular person properties, so buyers from the ETAD can be extra simply attracted. The challenge is on tempo to begin paying off step by step from early 2025.

Digital instrument

The method even supplies that the registration of the properties can be carried out with a contemporary digital instrument that can assist each in formulating a technique and in full transparency of what every property is. On this manner, we won’t solely discover out what precisely he owns and what the hundreds of state property titles are value, but in addition a multi-year Gordian bond can be resolved.

A minimum of the momentum is superb as a result of nice mobilization and strain that exists from the Ministry of Finance giving impetus by way of the promotion of legislative preparations that set a framework for flexibility.

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Explains

The election results of June 9 – to a major extent – ​​was formed by accuracy! Not typically talking, however particularly. For this very motive, Prime Minister Mr. Kyriakos Mitsotakis modified the “shift” on the Ministry of Growth. And the unlucky Mr. Kostas Skrekas was succeeded by the upright Mr. Takis Theodorikakos. And the warmongering statements started, the fines elevated and the multinationals “got here out”!

Three investigations!

Three completely different research assist the aforementioned discovering. Let’s begin with the IELKA investigation. Which has recorded the discount of costs in a number of shopper merchandise. However that is lastly not sufficient! As a result of in his yesterday’s analysis carried out on the finish of June, he finds that just one in two Greeks will take a trip. And never solely that. Issues are much more critical!

In a tough scenario

Since 71% of respondents state that they’ve canceled leisure bills comparable to eating, holidays, journey, 55% have diminished total purchases of meals and groceries, 49% have postponed upkeep and restore work, 42 % have modified product manufacturers, 27% have used cash from their financial savings to cowl their purchases, 27% have postponed paying payments or stopped paying their obligations, and 16% have elevated their working hours or he has discovered a second job so as to enhance his revenue. You perceive now what state society is in. May he react in a different way to the election?

“Chickens”…

In response to the Klarna journey report, 53% of respondents select extra inexpensive lodging, 39.7% search for extra inexpensive transport choices, 29.7% of Greek customers plan to cut back the variety of journeys they make and 25, 3% select to shorten the length of their holidays. Additionally the finances of customers for the upcoming summer time holidays varies tremendously. A good portion of customers hold their spending comparatively low, with the bulk (35.7%) spending between €301 and €600 (per particular person per journey). And those that succeed…

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They don’t seem to be so optimistic…

And what’s the market scenario? In response to the EACE/ICAP CRIF-CEO Normal Index survey, within the second quarter of 2024 – as proven in a pattern of two,540 managing administrators and common managers of the biggest Greek corporations – the final financial local weather index recorded a brand new slight decline and was shaped at 159 factors in opposition to 162 within the earlier quarter. Which means the highest executives of the market “categorical a point of uncertainty in regards to the ongoing worldwide tensions and their penalties on the economic system within the medium to long run”!

Solely the Economist…

Referring now to the nation’s present financial scenario index, it confirmed a lower to 207 factors in comparison with 212 within the earlier quarter. And the proportion of CEOs who say the nation’s present financial scenario has improved in comparison with a 12 months in the past fell to 34% from 39% within the earlier quarter. The proportion of CEOs who state that the present financial scenario of the nation has improved was 40% for service corporations and 41% for small and medium-sized corporations. The forecast index of the nation’s financial scenario one 12 months later confirmed a lower to 178 factors in comparison with 191 factors within the earlier quarter.

Are they tougher to return by?

And the “finest” factor is that the proportion of CEOs who estimate that the financial scenario of the nation can be higher within the subsequent 12 months, decreased to 25% in comparison with 33% within the earlier quarter!

Now you perceive what occurred, but in addition what comes subsequent….