Kostis Hatzidakis

Targeting card commissions

Economy Minister Kostis Hatzidakis intends to raise the issue of fees for the use of credit or debit cards during his meeting next week with representatives of the two payment-technology corporations MasterCard and Visa, in an attempt to contain the costs of plastic money, especially for product categories with a small profit margin, such as tobacco, newspapers etc.

Hatzidakis presents proposals for EU economy bolstering

National Economy and Finance Minister Kostis Hatzidakis presented six proposals for boosting the European Union's competitiveness during an informal ECOFIN Council of Ministers on the topic held in Ghent last week.

"We must adopt the Draghi dogma and do everything that is necessary to boost the European economy's competitiveness," Hatzidakis said during the meeting.

Stricter penalties for non-use of POS

The Economy and Finance Ministry on Thursday submitted a provision to parliament which aims to increase fines and impose sanctions against business that have yet to install POS terminals linked to cash registers.

The plan also foresees fines for providers of POS terminals and cash registries who do not comply with the law.

Minimum wage set to exceed €800 by April, says FM

The National Economy and Finance Minister, Kostis Hatzidakis, announced on Sunday that the minimum wage increase, set to exceed 800 euros, will be revealed by the end of March to take effect from April 1. 

In an interview on SKAI TV, Hatzidakis emphasized the government's commitment to redistributing surplus in case of high growth rates. 

Poll finds Dendias is top-rated minister

Defense Minister Nikos Dendias is considered the most successful government minister (32%), according to the second part of a poll conducted by Alco on behalf of Alpha TV.

He is followed by the ministers of education, Kyriakos Pierrakakis (12%), citizen protection, Michalis Chrysochoidis (10%), health, Adonis Georgiades (8%), and finance, Kostis Hatzidakis (4%).

Piraeus Port inaugurates its extended car terminal

The Piraeus Port Authority (OLP) managers on Tuesday inaugurated the extension of its car terminal, by nearly 40,000 square meters to the north side of the port, increasing the port's capacity for car trade.

The new investment by Cosco's subsidiary totaled 20 million euros, adding space for another 5,100 cars. The project was part of OLP's obligations under the port concession.

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