The sudden lack of George Provopoulos delivered to the vast majority of public opinion the years of his tenure as governor of the Financial institution of Greece.
It was the six years 2008 – 2014, turbulent years for the nation and the Greek financial system that was confronted with chapter.
Elektor
Throughout his tenure, because the Governor of the Financial institution of Greece Mr. Yiannis Stournaras recalled, he efficiently dealt with the results of the debt disaster within the banking sector.
“Yorgos Provopoulos was a person who didn’t hesitate to fall into the hearth and at all times had the braveness to publicly categorical his opinion and place and naturally to criticize”, a market one who labored with him advised me.
And he was referring to his tenure on the long-suffering Ellactor group. He was president from July 2018 to January 2021.
Prime Minister
My identical supply describes him as a “pioneer” in issues of company governance. And particularly after the Folli Follie scandal, Provopoulos in Ellaktor modernized the related working framework of the group’s administration and organizational construction with guidelines of transparency.
Giorgos Provopoulos assumed the place of president within the group after the primary traumatic proxy battle between the then shareholders of the nationwide champion. On one aspect have been the Kallitsantsi brothers and on the opposite Leonidas Bombolas and Dimitris Koutras.
The work he needed to do was laborious. And he himself stated on the time: “I didn’t come to fail.” What adopted within the group was unprecedented.
Giorgos Provopoulos, nevertheless, had laid the foundations for correct, clear company governance in Ellactor with trendy guidelines.
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Kavala Port Group
One of many key and strategically essential ports of the nation is that of Kavala.
After a global competitors by TAIPED for the sub-concession of the “Philippos II” industrial port, its use, operation and upkeep for 40 years was undertaken for a worth of 33.9 million euros by the “SARISA” scheme, which consists of BLACKSUMMIT FINANCIAL GROUP INC (55%) – GEK TERNA S.A. (35%) and EUROPEAN AEROSPACE INVESTMENTS AND ENTERPRISES (10%).
In November 2023, the sub-concession settlement was signed between TAIPED and the consortium, with the buyers enterprise the funding dedication of 36 million euros.
Parliament
So, I be taught that the managing director of TAIPED, Mr. Dimitris Politis, visited the Kavala Port Authority six months after the signing of the contract.
As is well-known, the administration of the Privatization Fund has in its technique the monitoring and supervision of the infrastructures granted, whereas in fact it retains the precise and competence of the supervisory authority of the nation’s ports by way of the mandatory growth interventions.
Because of this, both Mr. Politis or the mandated advisor of the Fund, Mr. Panos Stamboulidis, go to and talk about with the brand new and current administrations any points that exist within the ports.
Mr. Politis, subsequently, made it recognized how the sub-concession contract will probably be ratified by the Parliament instantly after the European elections.
“Saint Paul”
The managing director of TAIPED, in a gathering he had with the administration of the Group in addition to with different establishments of Kavala, additionally spoke concerning the “Apostolos Pavlos” port. Let me let you know that the grasp plan and the Strategic Environmental Impression Research (SEIA) of the particular port are in progress.
When these are authorised, the TAIPED may also put ahead the “Apostle Paul” growth plan
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Lastly!
Though it appears that evidently will probably be “low cost”, no less than it seems like will probably be the start. The purpose is to “get the water into the groove”. After which we’ll see!
I’m referring to the anticipated charge reduce by the European Central Financial institution subsequent week. The primary one shortly. And since rates of interest have “climbed” to “suffocating” ranges for debtors. It’s apparent that the primary discount will probably be extra symbolic – most likely no more than 25 foundation factors, not that it’ll spoil us essentially the most….
And it’ll sign that the cycle of rising rates of interest is over and the cycle of falling rates of interest is starting. In fact, there are additionally the optimists who argue that this may be repeated in July as effectively. However possibly the summer season nights are accountable…
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Congress
In the meantime, the president of the Skilled Chamber of Athens, Mr. Yiannis Hatzitheodosiou, can lastly… “end” first in organizing conferences! He did not have time to complete the earlier one – in collaboration with GSEVEE and the Economist – and is “operating” a brand new one. Immediately in truth! Okay, it does not say convention, it says occasion. However with a full schedule. And naturally, the president of PASOK/KINAL, Mr. Nikos Androulakis, could have his honor this time!
He is not going to be the one political chief, Mrs. Zoe Konstantopoulou, the president of “Freedom Crusing”, may also take part. However you notice that it is a heterosexual relationship. The Mayor of Athens, Mr. Haris Doukas, will take part in a visitor look of the night. It is going to be, as you perceive, the “bark” of the occasion!
The “salt and pepper”!
Her subject is “Girls’s Entrepreneurship: The Components of Success”. And the venue is the Olympia Municipal Music Theater “Maria Callas”. In fact, he’s going to speak about “the world and the folks of the world” – and, as a matter of reality, to the overwhelming majority of ladies. The “salt and pepper” of the occasion will probably be – aside from the aforementioned – the New Democracy MP Mr. Stelios Petsas and the PASOK/KINAL MEP candidate Mr. Filippos Sahinidis. To emphasise the feminine majority…
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