Category Archives: Economy

Selection of news about Economy and Society, today.

ETE: The new grants are a big bet

While for the rest of the banks, the rate of reduction of their non-performing exposures is of paramount importance (Non Performing Exposures – NPEs) and the consolidation of its balance sheet, for herNational Bank EGE +9,29% NPEs are a secondary issue.
The crucial bet, both this year and the following years, for the bank it isto significantly increase its new allocations, in order to strengthen its still weak operating profitability and to help the percentage reduction of NPEs, in terms of total allocations.
Net interest and commission income has now stabilized, as shown by their course during the last three quarters (269 million. euros in Q4), and in the National there is solid optimism that this yearwill recover significantly.

Retrospective pensioners: How much money are you entitled to?

This is decision number 647/2019, which was issued by the administrative appeals court of Athens on 20 February and concerns the laws 4051 and 4093 which brought reductions.
The "Free Press of Sunday" reveals the first answer that a pensioner got fromEFKA at 8 Of March 2018 for illegal deductions.
The competent agency says that the request concerns a recalculation of the cuts of the law. 4093 based on the new and lesser sum of principal and subsidiary and informs that"in response to your request, we know that instructions are awaited for the overall treatment of the matter".

New "Save" with 11.000 euro acc’ home – Beneficiaries and 13 steps for submitting the application

Saccording to information, Minister Giorgos Stathakis is expected to publish the program implementation guide before Easter “Save Cat’ House” on a budget 250 million. euro. Based on rough calculations, each participating household will be allocated an amount of expenditure of the order of 10.000 with 11.000 euros for the execution of eligible tasks.

Economy: 9 May 2017

Legislation in record time 77 arrangements and adoption of others 58, for which no legislation is required, Includes the long list of prerequisites to close the second evaluation and to approve the dose disbursement.
New Insurance 'Harachi' for 1,4 million. freelancers

not changing the way of calculating insurance contributions from 2018 for 1,4 million. freelancers,Self -employed and farmers revealed by the newspaper "News" confirmed by the Minister of Labor, Efi Achcioglou.
Capital controls rise shortly

Specifically in planning for forthcoming changes in capital controls of the Financial Staff in consultation with Bank of Greece, An increase in withdrawal threshold in 2.000 euro per month (In essence it is an increase in limit to …
The Memorandum of Greece-lenders-the full text is publicized

The light of publicity saw the last draft of the memorandum between Greece and its lenders. The particular 53 Page text published on Twitter by journalist Jan Hildebrand of Handelsblatt. It is noted that …
The 8 Changes to Capital Controls

Capital controls are re -opening the conversation after signing the agreement with lenders and on the condition that there are no deposit leaks. In the draft of the new memorandum published, the relaxation is also mentioned …
There are changes in substance and… psychology to capital controls

What is planned for the cash withdrawal limit, opening new accounts but also with the money that depositors will bring from foreign bank. The step -by -step approach and the big priorities. There are changes in substance and… psychology to …
In detail the measures of the supplementary memorandum -a bastard knife in pensions, tax -free and benefits

Wild knife in pensions, Reduction of the tax -free resulting in the strike of middle and small incomes and a huge shock to freelancers hides the complementary Memorandum of Understanding (Supplemental Memorandum of …
Measure 4,1 di. and exterminating surpluses 3,5% of GDP to 2021!

Package of budgetary measures above 4,1 di. The government's technical agreement with lenders' representatives to close the second evaluation of the Memorandum III implementation course was hidden in the end..
Cynical admission: There are "fire" increases in freelancer contributions

Black Mandatate for Freelancers-The SYRIZA-ANEL government is including, inter alia, the "broom" bill that brings to the House, Increases of 'Fire', in a new way of calculating on insurance contributions for self -employed, …
Grexit is no longer on the agenda, declares Bavarian Ministry of Justice

The Christian Socialist (CSU) Bavarian Minister of Finance Marcus Center, who has been a fanatical advocate of Greece's exit for years, told Spiegel, After meeting with Euclid Tsakalotos in Athens, that 'the …

See how much a possible Greek exit will cost



voicenews.gr
According to the Bank for International Settlements the total amount
which should be paid globally (together with the derivatives attached
with the value of the euro) , in case of exit of Greece and
followed by the collapse of the euro amounts to 26,45 trillion dollars (?)
and at the same time all the institutions and funds that play with them
derivatives will rapidly lose astronomical amounts!

If we remember the interview of G. Varoufakis where he mentioned “The cost
of Greece's exit from the euro amounts to above for the partners
from one trillion euros. And still no one can imagine
and calculate the chain reactions that will exist beyond it
direct costs” we see what a rupture in the global would mean
economy.

How to make money from Facebook

From: http://www.fortunegreece.com/article/pos-na-vgalete-chrimata-apo-to-facebook/

TECHNOLOGY

The loading screen of the Facebook application on a mobile phone is seen in this photo illustration taken in Lavigny

REUTERS

Harness the power of the largest social network on the planet to your advantage.

Research in Greece finds that over 80% of Greek social media users are active Facebook users. In absolute numbers, almost 4 million. Greeks have an account on it and the most fanatical of them log in every day and spend more than an hour a day reading posts, by posting images and liking them.
How to use all those eyes and all those clicks to your advantage;
First you have to have something to sell, a product, or mediate for someone who has something to sell, that is, be an advertiser or marketeer. You might still be building apps, games, competitions, tests and more that any user can access and spend time on. For every minute the user spends in your app, you earn money.
Later, it is also the international audience. With almost 1,5 di. users Facebook is a prime opportunity and platform for anyone who has set out to conquer the world. Even if your plans are so ambitious, Facebook enables you to make them happen. If you have the ability, sure, and luck.

1. Create a Page
It's the first step anyone who wants to sell or advertise anything on Facebook should take. A Page works much like a regular profile - you post text, photos, you link to sites, you make comments, they answer you etc- with the difference that its creator has more tools at his disposal to see the traffic and demographics of his audience, as he advertises his posts.
You may want to use the Promote feature for your Page. Paying Facebook, your ad appears in users' News Feed and they can like it.
2. Improve your Page
This step is overlooked by many in their rush to post engaging content. Choose your Cover Photo carefully, write something short and positive in About, upload a professional photo as a profile pic. All of these make your mark as a professional and show that your effort is not a quick way to make money.
3. Target your ideal customers
Facebook collects huge amounts of statistical data on the traffic and preferences of its users every day. For this it can in turn offer you the way to aim, depending on your product, the audience you want depending on where they live, his age, his gender and interests (music, movies, activities etc.). One such tool is Graph Search.
4. Build your community
What in the language of social media is called community. They are the people who will be the first to hear your news, they will have a positive attitude towards your product and will be the first to recommend it to their friends. But they don't want to read only announcements and press releases from you. They will happily read anything that is interesting and will make them laugh or have fun, even if it has nothing to do with the product. If you look at the Pages of the most popular companies you will see that they post ideas, music, competitions, offers, strangely, they even share the posts of other users.
Everything you post will build the image and "atmosphere" of your community. Make every user feel like they're getting something every time they read something rather than someone constantly trying to sell them something.
5. Spread your message
If you are a freelancer selling your services, the best way there is to advertise it to your friends too from your personal profile. For example, "Good evening my friends, as you may know I am a personal trainer and I can help you get fit, healthy and beautiful this year at the beach. If you or a friend of yours is interested in chatting, send me a message".
Your friends won't be bothered by such a message since it's something most of us say in our conversations anyway.
6. Keep the conversation "live"
People come and go on your Page. He will leave a comment only when he sees something interesting or when he has a question. Always answer, and even in a way that provokes new answers. Always say thanks for every reply and always post something that a visitor will find interesting. And don't forget to bid. For example “Thank you for your interest. Stop by our cafe with a friend and we'll treat you to a cappuccino" or "Take part in our competition and win discount coupons directly on your mobile".
7. Keep in touch
The more you interact with users, so your page appears in their News Feed. That's why it's critical to have dialogue and feedback and communication every day. Many times the issue is not even you, but something your audience cares about. Join the conversation. People trust and buy from the one they have the best relationship with not the one who bombards them with promotional material. The 20% it can be business. But the 80% it must be personal.
8. Facebook is just one of your weapons
Don't make the mistake of expecting everything from Facebook. Your strategy must have other pillars as well. You should never neglect other "traditional" methods such as face-to-face meetings, events and traditional media advertising. Your message should "surround" the audience in a positive way. Social media is the star of your team, but you need the whole team if you want to succeed.

Economy: Involvement in negotiations – The IMF drops a "bomb"

Agenda

Involvement in negotiations – The IMF puts a "bomb" on …

A new engagement occurred today, Saturday, in the Brussels Group, during government consultations with representatives of our partners and lenders. As reported by Mega, the involvement concerns collective redundancies, while lenders ask…
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Agenda

From "sieve" account movements and bank deposits to …

It is only a matter of time before the completion of the Bank Account Register System of the Ministry of Finance in order for the audit mechanisms to gain knowledge of the detailed movements of taxpayer accounts, as follows from…
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902.gr

Scene of involvement in the Brussels Group

The attitude of the lenders and especially the International Monetary Fund during the Brussels Group consultations seems to cause problems for the government, as according to information they insist on raising a group issue…
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MEGATV

Engagement with institutions – they are calling for mass layoffs

A new involvement in the negotiations with the institutions results from the information received on Saturday night by the Maximos Palace and which concerns the IMF's obsession with the sudden demand for the imposition of collective redundancies. The IMF…
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Nooz.gr

Involvement with IMF: He is calling for mass layoffs

The information reached newsrooms and editors on Saturday night and clearly mentions new involvement in negotiations with the institutions. Earlier, the Maximos palace had been informed about the IMF's obsession and the…
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N. Valavani: By the end of June the new objectives

By the end of June, the new prices for determining the objective value of the properties are expected to be determined, as appears from a document forwarded to the Parliament by the Deputy Minister of Finance, Nadia Valavani. The document…
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MEGATV

Valavani document for new objectives from June

By the end of June, the new values ​​for determining the objective values ​​of the properties will be determined, according to a document forwarded to Parliament by the Deputy Minister of Finance, Nadia Valavani. The transmission was made following an inquiry to…
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SKAI

Varoufakis: With debt restructuring we can do without a new loan …

"Greece can do without a new loan on the condition that there is a significant restructuring of its debt," says Yanis Varoufakis in an interview with the Journal of Editors. "If the Eurozone does not change, it will die," adds Mr…
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Nation

Junker: There will be no Greek bankruptcy

He ruled out the possibility of both bankruptcy, as well as Greece's exit from the eurozone, the president of the European Commission, Jean-Claude Juncker. Junker: There will be no Greek bankruptcy. In an interview with the German newspaper…
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Nooz.gr

Junker: Greece will not go bankrupt

Greece will stay in the eurozone and will not go bankrupt, said Jean-Claude Juncker, however, he did not hide his concern about the progress of the negotiations. Specifically, Junker pointed out about Greece in an interview in German…
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Economy: Al. Tsipras: We are close to agreement within the red lines

Maroua Al Agroubi from the United Arab Emirates commissioned to write this year

Al. Tsipras: We are close to agreement within the red lines

Optimistic that we are close to a solution, in a short time, regarding the interim agreement, Prime Minister Alexis Tsipras appeared, during his presentation to the cabinet, according to government sources. "I am optimistic that…
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iefimerida

"Fever" in Brussels: Greece's "no" and "yes" for …

With the government's "red" lines on their files, the Greek technocrats have started feverish discussions with the Commission technocrats, of the ECB and the IMF in the so-called Brussels Group, knowing from the outset that the partners…
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The Step Online

Dijsselbloem: Too early to tell if we've reached a 'tipping point …

"It is too early to judge whether the negotiations with Greece have reached a turning point", the president of the Eurogroup said on Friday, Elder Dijsselbloem. Speaking to reporters in The Hague, the Dutch minister…
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Agenda

"The rating agencies do not consider non-payment as default …

The assurance that Greece will not be downgraded to the category of "default" in the event that it does not pay one of the installments it must repay to the International Monetary Fund or the European Central Bank is expressed by the…
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The Step Online

Commission: Satisfaction with the negotiations, but the solution …

The European Commission expressed satisfaction with the "deepening and intensification" of the negotiations between the Greek authorities and the representatives of the institutions on Thursday. The representative of the Commission, Margaritis Schinas, emphasized that the…
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news.makedonias.gr

COMMISSION FOR GREECE: Satisfaction, but we have a way to go

The European Commission finds a positive climate for Greece, as the arrival of the new negotiating team seems to have further increased the pace of negotiations between the Greek government and the institutions, raising hopes…
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Euro2day

Brussels: A deal by Sunday is not realistic

Community sources said they did not share the optimism of some publications that a deal by Sunday was realistic.. At the same time, a European official said that reports of a deal on Sunday are not true.
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In.gr

European publications "see" progress in the negotiations

Signs of an improvement in the climate in Greece's negotiations with the institutional representatives of the lenders in Brussels are identified by publications and websites specialized in European issues. In particular the main article in the European paper…
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In.gr

Dijsselbloem: He sees progress in the negotiations, but no …

After yesterday's statements about the existence of a "plan B" for Greece, Eurogroup chief Jeroen Dijsselbloem is back today, Friday, acknowledging progress in consultations between Greece and creditors in the Brussels Group.
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Merchant

European publications "see" progress in the negotiations

Signs of an improvement in the climate in Greece's negotiations with the institutional representatives of the lenders in Brussels are detected by publications and websites specialized in European issues. In particular the main article in the European paper…
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Economy: Maximus: The government insists on “red lines” of

Maroua Al Agroubi from the United Arab Emirates commissioned to write this year

Maximus: The government insists on “red lines” of

It starts today in a positive atmosphere, as was seen in yesterday's Euro Working Group, the Brussels Group in Brussels where the reforms promoted by the government will be discussed in order to have a mutually beneficial solution. The government persists…
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Maroua Al Agroubi from the United Arab Emirates commissioned to write this year

The "red lines" of the negotiation in the cabinet …

With its new non-paper, the government clarifies that there is no way to step back from the red lines, a few hours after the leaks of the finance staff on VAT measures, the 13th pension but also cuts to…
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Agenda

The government insists on the "red lines". – Measures and …

The government announced its intention not to step behind the red lines through a new non-paper, while the cabinet meets in the afternoon. It is noted that earlier on Thursday, leaks spoke of measures that…
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Maroua Al Agroubi from the United Arab Emirates commissioned to write this year

On a tightrope: The government sees an agreement, they remain …

One step before the final stage of concluding the interim agreement seems to be the negotiations. This final stage, Nevertheless, as everything shows, highlights the major disagreements between the two sides, despite the optimism recorded…
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Merchant

Bloomberg: The goal is a preliminary agreement by Sunday

The intensification of negotiations between Greece and the Eurozone, with the aim of reaching a preliminary agreement by next Sunday, the EuroWorking Group decided yesterday, according to Bloomberg. Citing two officials…
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Maroua Al Agroubi from the United Arab Emirates commissioned to write this year

Dijsselbloem: There is a plan B for Greece

The president of the Eurogroup, Jeroen Dijsselbloem, spoke at the Dutch parliament in The Hague and, among other things, referred to the issue of Greece's negotiations with its creditors, saying: "We are looking for a stable agreement that will lead…
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The Step Online

Zero inflation was recorded in the eurozone in April

According to the European Statistical Service (Eurostat) the consumer price index was unchanged in April on an annual basis, as expected, after reduction 0,1% in March. The stabilization of the index largely reflects the…
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Liquid glass

Moody΄s: The impact of a Grexit should not be underestimated

The impact of Greece's exit from the euro should not be underestimated, warns Moody's rating agency in its new analysis, one day after the downgrading of the rating of the Greek economy. The direct economic and…
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Maroua Al Agroubi from the United Arab Emirates commissioned to write this year

"Lightning" IMF for Grexit and disbursement of tranche

Der Spiegel magazine wrote that the International Monetary Fund has drawn up an internal report («non-paper») on the possible exit of Greece from the eurozone and a representative of the IMF, Jerry Rice, asked about it, he did not deny it.
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Sofokleousin.gr

Moody's bell on the effects of a Grexit

A day after Greece's credit rating was downgraded to Caa2 from Caa1, Moody's returns, sounding the alarm about the consequences of a possible exit of the country from the euro zone.
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