Minoan Share Discussion Threads

[clocktower] 12/10/2021 13:04

The investors song - pass the waiting time: :-)



and one to thank Waterloo for the knowledge.

[atlantic57] 12/10/2021 09:02

Yes thanks to Waterloo the Greek system is all Greek to me without his comments I would
Have no idea where we are in this legislative process.

[finster007] 12/10/2021 08:27

Morning everyone, I am very silent here and patiently waiting in the background but a quick thanks for the comments in the meantime. Let’s hope we get a positive update soon 🙏

[waterloo01] 11/10/2021 13:53

nope. Still waiting.

[rafboy] 11/10/2021 13:53

Has it passed as yet?

[daicaprice] 11/10/2021 13:44

With a bit of luck we should be able to track the relevant applications as well then.

DC

[waterloo01] 11/10/2021 13:39

Georgiadis: Hundreds of jobs from the data center in Koropi

For the new development law
Regarding the new development law, Adonis Georgiadis said: "It will be much faster. We try to remove all the bureaucracy it has, which made the approval of an investment end up in an Odyssey. With the sponsorship we received from the Hellenic Banks Association, the new development law will be digital so that every investor can monitor his investment through his mobile phone and know which employee his file is in and how many days by law the employee has the right to detain him.

[waterloo01] 10/10/2021 12:59

atlantic57, lol

Meanwhile...

The World Travel & Tourism Council pays tribute to Greece , both for the development of this year's tourist year and for the safe opening of Greek tourism.

The Elena S.. Rodriguez, communications manager of the World Travel & Tourism Council noted speaking at the Athens Press Agency that our country created the conditions that allowed the safe movement of travelers, and the attitude would be for other countries benchmark , in an effort to boost their economies affected by the pandemic.

Evaluating the performance of Greece this summer, Elena S. Rodriguez, after noting that "clearly" and stood out in the international tourist firm, explained that she achieved 86% of arrivals in July and August 2019, leading to a strong recovery of the tourism economy. "It was one of the first countries to announce that it would receive visitors who had been fully vaccinated or could show a negative PCR to pass through the country's gates. "Greece was the country that encouraged the influx of travelers safely, as a result of the general preparation of the country", he added.

Elena S. Rodriguez reminded that Greece is one of the most popular destinations for European travelers with Germany and the United Kingdom being its most important markets. Indicatively, it states that in 2019, the Travel and Tourism sector contributed by 20.8% to the total GDP of the country and supported more than one fifth of all jobs, which shows how important the tourism sector is for the country's economy. as he said.

Regarding the World Travel & Tourism Council's estimates for the next period, Elena S. Rodriguez notes that there is "such a huge accumulated demand" that travel is expected to continue to increase in the future. Focusing on the data created by the pandemic on the world tourism map, he said that this year there has been an increase in bookings since travel restrictions have eased in some markets. "Europe has had a good summer, as a result of the lifting of travel restrictions between countries, successful vaccination programs and the use of the European digital COVID Certificate, which has allowed the safe resumption of international travel," said Elena S. Rodriguez.

[atlantic57] 09/10/2021 12:01

For the last x number of years Christopher has been heading the ball firmly in his own net at regular intervals.

Let us hope that he can find the goal at the other end of the pitch😀

[nobbygnome] 09/10/2021 07:47

This is an open goal for MIN.......they just have to put the ball in the back of the net!

[waterloo01] 09/10/2021 07:19

Rebound in capital inflows from other countries in local realty

Investments from abroad in the Greek property market are showing strong signs of recovery despite the difficulties in international travel.

According to Bank of Greece figures, capital inflows from abroad in the second quarter of the year for the acquisition of real estate assets in Greece soared 76% from the same period in 2020 to 247.7 million euros, against €140.6 million a year earlier.

In total over the first half of this year, capital inflows for property buying amounted to €461.7 million, an increase of 24.3% from €371.3 million that had been invested from other countries in January-June 2020.

[waterloo01] 08/10/2021 15:42

Cheers aand you too. Fingers crossed for next week.

[rafboy] 08/10/2021 15:37

Let’s hope next week we see some positive news. Have a good one folks.

[rafboy] 08/10/2021 09:05

Just need that law passed to kick things off.

[wi1l] 08/10/2021 08:43

Eurobank CEO: Greece to see the strongest growth since the sixties



The head of Eurobank underlined the very positive climate for the economy, the consolidation of the banks and the large amount of available funds for investments.

[daicaprice] 07/10/2021 17:12

Some good posts here today to keep things positive, thanks guys.

DC

[atlantic57] 07/10/2021 16:04

Yes all makes perfect sense :)) but then we have thought this for many years

[wi1l] 07/10/2021 15:57

There's one or two of those that should by all accounts be with us by the end of this month atlantic.

Incidentally, as far as I can see, both N Day and the other significant shareholder of Min, P Raby have put up in excess of £2M each invested in Min and Mrs Adams £1.5M+.

These amounts are not minor especially when you consider that both Day and Raby are directors of Loyalward, the company being used for the Cavo Sidero project.................

[atlantic57] 07/10/2021 15:21

Yes I agree Will Good Summary.

We just need one positive announcement to get things moving...

[wi1l] 07/10/2021 14:48

Presumably therefore the negotiations are with the four of them, it isn't just Gilbert on his own. Looking at the incorporation documents it looks as though the loan is split three ways, one third from Gilbert, one third Ghandour and one third Day/Adams. The four of them are all shareholders in Min and will be keen, one would have thought, to continue to help in ensuring the company ultimately gets over the starting line. They are all key players in its eventual success IMV.

[wi1l] 07/10/2021 14:31

Yes, and (from memory) Mrs Adams didn't "sell" any of her holding, she just transferred 7M into a family trust. She is also a member of DAGG LLP so will be involved in the outcome of the loan negotiations. Remember the loan is with DAGG LLP and the members are Day (a director of Loyalward and over 10% shareholder in Min), Mrs Adams (a significant shareholder in Min),Gilbert and Ghandour.

[atlantic57] 07/10/2021 13:58

I think all of the major shareholders and the long term shareholders like many on the bb
Are here till the end……..

[microscope] 07/10/2021 13:14

Hopefully so Atlantic. Mrs Adams dropped to 2.85 percent in April. You'd like to think if she was intent on selling the rest she'd be pretty much out by now.

[atlantic57] 07/10/2021 12:44

Microscope I think our questions will
Be answered quickly 31/10 is just
Round the corner and I am sure Ce and
Gilbert will be in regular contact.