Mitsotakis, Farmer Protests, and Pressures on Servicers in Greece

Amidst the festive atmosphere, the Greek government faces challenges from farmer protests and pressures on servicers. Farmers are protesting the control of European subsidies and cuts to the Common Agricultural Policy (CAP). Retailers and hoteliers express concerns about the impact of the blockades on the supply chain and reservations.

Prime Minister Kyriakos Mitsotakis is expected to announce positive interventions for farmers in the budget. At the same time, the government is under pressure from servicers regarding the double ENFIA tax on unused properties. The Bank of Greece is preparing audits of servicers to ensure compliance with EBA rules in the categorization of loans.

In business news, Christian Hatziminas of Theon is proceeding with a share capital increase in EFA Group with the participation of Yannis Vardinogiannis and Apostolos Tamvakakis. Eurobank continues its penetration into the Indian market, while Citi recognizes the reforms in Greece.

In the shipping sector, Milena Pappas is considering ordering two more containerships, while Ioannis Martinos is investing in dry bulk through Signal Maritime Services.