The “joy” of Hatzidakis, the Stournara-Simitis chord, the “Golgotha” of the traders and the three-day “fire” – Economic Postman

Resurrection

The market expects a “resurrection of turnover” ahead of Easter. You see the winter sales did not perform as expected, but also the leaked two months were “slow”. You see accuracy doesn’t leave much margin. And the market has started to move “anniversary”! These are findings of the president of the Piraeus Chamber of Commerce and Industry and president of the Attica Regional Chamber Council, Mr. Vassilis Korkidis.

Something more…

In fact, he notes that “despite the fact that the Easter market is short in duration, it is nevertheless quite intense in turnover and volume of work, both in the food sector, due to the Easter table, and in many other retail sectors, due of traditional gifts”. What is he hoping for? In last year’s turnover plus inflation! Simple things…

It will be fine…

And how much money are we talking about? So says Mr. Korkidis that “the Easter festive turnover, including travel and catering and accommodation services, which will be reflected in the May statistics, will almost certainly exceed last year’s 1.5 billion euros”. And he explains it, since, this year, the Greek Easter is essentially within the summer tourist season and the increased tourist traffic from abroad should be taken into account with “imported consumption”.

The gift!

And what is retail hoping for over the Easter period? The president of EBEP is clear “the Easter market, as is known, is “resurrected” with the payment of the Easter gift, which, after the increase in the minimum wage and employment in the private sector, will exceed 1 billion euros this year, while it should be paid by the companies to the workers by M. Wednesday, May 1st”. “However, those of the employers who are magnanimous and generous can deposit it “into the bank accounts of the employees a little earlier, so that the proper shopping for the Easter days can start even earlier.” Help guys….

Let’s clean up…

However, the Easter market lasts for three days! Yes, yes you read that right. The “search” is from Maundy Thursday to Maundy Saturday.” And then it becomes a fund…. Anyway, we “came out” in the tourist season! How did Nionios the old man call it? “If we jumped it this winter, we won’t clean it for another ten years.” Exactly!

Great pity!

Yesterday, however, the Minister of National Economy and Finance Mr. Kostis Hatzidakis was happy. And he had a reason! The 30-year Greek government bond was oversubscribed by 11 times and investors’ offers exceeded 33 billion euros. and the interest rate at satisfactory levels. Well, from there on he took his woes! Because there are various bad faith people who want to “blur” the success story of the Greek economy. And as soon as they see some unfavorable evaluation, they “take out bile”! As if they are not ashamed… And what did he say? How “today’s success reflects, among other things, the positive assessments of international rating agencies, which in turn are based on the serious fiscal policy implemented and will continue to be implemented consistently by the Greek government”. Amen!

He fights it

They will “pop” the man. I am referring to Mr. Hatzidakis. Every three or so, various people come out – from the former Prime Minister Mr. Costas Simitis to the Governor of the Bank of Greece Mr. Giannis Stournara, let’s say all of them… – and question the quality of the investments. And not only that, but they also devalue real estate investments. That is, something like Parakatiana. Did you understand? Man struggles and others don’t recognize him… “sweat he pours”!

Loose!

Well, yesterday he called them “bulk and sack”. So he spoke at a conference on real estate and said that “we cannot criminalize investments in real estate. Our economy needs investment in many different sectors. As long as they respect the law and, of course, the environment.” And he added that investments in the real estate market are not based on the golden visa”. Oh all right….