Tip for the Piraeus-Blantyre deal-Who … spend the night in the Municipality of Athens-The industry that went public

STOCK EXCHANGES. If you were told to choose the industry with the biggest stock market losses this year, it is very likely that your mind would go to the airlines. The successive waves of the pandemic, after all, hit them hard.

And yet, 2021 ends with the shares of the companies involved in the renewable energy sources to greater losses even than the air ones!

The shares of the industry participating in the European Stoxx 600 index lose 20% of their value even though the index is close to historical highs.

As a to a degree the shares of RES “pay” previous glories. The 2019 and 2020 rallies sent the valuations into the stratosphere. Indicatively Siemens Gamesa was under a lot of pressure but even now it is valued 52 times next year’s profits, while Vestas 45.

To have a measure of comparison the average of the Stoxx 600 is 15 , 7…

KROISOI. The richest people in the world continue to see their fortunes grow.

According to the Bloomberg Billionaires Index, the 10 richest people on the planet became richer by 402, $ 17 billion!

The one who came in first with a fortune of $ 277 billion is none other than Elon Musk , person of the year for the Financial Times and declared opponent of the “tax on the rich”. The founder of Tesla did not add more than 121 billion dollars to his fortune this year, a little less than the 140 billion he had collected last year.

The “silver” medal went to Jeff Bezos , founder of Amazon and Musk’s opponent in the space tourism race, who raised his fortune to 195 billion from 190 last year. In third place on the podium was LVMH CEO, the Frenchman Bernard Arno , with a total fortune of $ 176 billion, of which 61 billion were added this year.

If you can stand it, you can see who completes the top 10: Bill Gates with a personal fortune of $ 139 billion (+ $ 7 billion), Larry Page of Google with 130 billion dollars (+47 billion dollars), Mark Zuckerberg with 128 million dollars (+24 billion dollars), Sergey Brin with a fortune of $ 125 billion (+45 billion dollars), Steve Ballmer with a fortune of 122 billion dollars (+41 billion dollars) ), Larry Ellison with a fortune of 109 billion dollars (+29 billion dollars) and finally Warren Buffett with 109 billion dollars ( +21 billion dollars).

Ate, and in ours!

PIRAEUS-BLANTYRE: At historical values, Piraeus will transfer to its subsidiary the participations outside the financial sector, which will be managed Blantyre .

The initial perimeter (EUR 200 million) betrays a gradual transfer , as the value of the non-main participations of Piraeus in non-financial companies exceeds 300 million euros.

MUNICIPALITY OF ATHENS. Twenty-four hours a day seven days a week week, ie on Sundays and public holidays, there will be 26 services of the Municipality of the capital. Among them are the offices of the General Directorate of Administration, Financial, Technical Services, Human Resources, but also the Directorate of Building Infrastructure.

The relevant decision, published in the Official Gazette, was taken by the Decentralized Administration Coordinator Spyridon Kokkinakis .

As for the cost of this decision, it is set at 7.527 million euros for the 2022 budget.

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