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.
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Cabinet meeting to discuss measures against inflation, defense
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.
POS providers should lower transaction fees, says FinMin
Finance Minister Kostis Hatzidakis urged banks and terminal service providers to reduce fees for small-value transactions made via point-of-sale (POS) terminals, during a meeting with representatives from banks and payment service providers on Wednesday.
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.
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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.
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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%).
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Hatzidakis invites Japanese investments
Greece has an investment-friendly environment, Minister of National Economy and Finance Kostis Hatzidakis said in an interview with the Japanese news agency Kyodo, inviting investors from Japan to come to Greece.
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Gov’t serious about POS use
Severe penalties and fines will be imposed on companies that sell cash registers and POS terminals that do not upgrade their software by February 29, the day the deadline expires for businesses to interface POS with cash registers.
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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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