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May 27, 2022 INSIDER • GOAL • IN-CYPRUS • PROPERTY • CYPRUS-IS • CAREER LIKE • GOING OUT • XRYSES SYNTAGES • ACTIVE • PHILGROUP NEWS & nbsp; SOCIETY & nbsp; INSIDER & nbsp; OPINIONS & nbsp; GOING OUT & nbsp; CULTURE & nbsp; SPORTS & nbsp; AUTO & nbsp; GOOD LIFE & nbsp; USEFUL & nbsp; PRINTED EDITION & nbsp;
ΑΡΧΙΚΗΕΙΔΗΣΕΙΣΠΟΛΙΤΙΚΗΤΟΠΙΚΑΠΑΡΑΣΚΗΝΙΟMEDIAΕΛΛΑΔΑΚΟΣΜΟΣΕΠΙΣΤΗΜΗΠΡΟΕΔΡΙΚΕΣ 2023ΤΕΧΝΟΛΟΓΙΑΣΥΝΕΝΤΕΥΞΕΙΣΧΡΥΣΕΣ ΕΤΑΙΡΕΙΕΣΚΟΙΝΩΝΙΑΕΙΔΗΣΕΙΣΚΥΠΡΟΣ ΤΟΥ ΧΘΕΣΑΝΑΓΝΩΣΤΗ ΕΧΕΙΣ ΛΟΓΟΕΠΙΣΤΟΛΕΣΣΥΝΕΝΤΕΥΞΕΙΣΔΗΜΟΦΙΛΗ ΣΤΟ INTERNETVIDEOSΑΦΙΕΡΩΜΑΤΑADVERTORIALINSIDERΕΠΙΧΕΙΡΗΣΕΙΣΚΥΠΡΟΣBRAND VOICECAPITALFORBESBLOOMBERG OPINIONΠΡΩΤΑΓΩΝΙΣΤΕΣΚΑΥΤΗ ΓΡΑΜΜΗΧΡΥΣΕΣ ΕΤΑΙΡΕΙΕΣΚΑΡΙΕΡΑΑΠΟΨΕΙΣΑΡΘΡΑ ΣΤΟΝ “Φ”ΠΑΡΕΜΒΑΣΕΙΣ ΣΤΟΝ “Φ”ΤΟ ΜΗΝΥΜΑ ΣΟΥ ΣΚΙΤΣΑΟ ΚΟΣΜΟΣ ΤΟΥ TWITTERGOING OUTTHINGS TO DOCINEMAΜΟΥΣΙΚΗΕΣΤΙΑΤΟΡΙΑBAR/CAFETV ΟΔΗΓΟΣΤΗΛΕΟΡΑΣΗΠΟΛΙΤΙΣΜΟΣΚΥΠΡΟΣΚΟΣΜΟΣΚΡΙΤΙΚΕΣΕΚΔΗΛΩΣΕΙΣΠΡΟΣΩΠΑΑΘΛΗΤΙΚΑΠΟΔΟΣΦΑΙΡΟΜΠΑΣΚΕΤΠΑΡΑΣΚΗΝΙΑΕΛΛΑΔΑΔΙΕΘΝΗΑΛΛΑ ΣΠΟΡΑΠΟΨΕΙΣΣΚΙΤΣΟVIDEOSAUTOΝΕΑΠΑΡΟΥΣΙΑΣΗΑΠΟΣΤΟΛΕΣΑΓΩΝΕΣΚΑΛΗ ΖΩΗΥΓΕΙΑΔΙΑΤΡΟΦΗΕΥ ΖΗΝΑΣΤΡΑΧΡΥΣΕΣ ΣΥΝΤΑΓΕΣΣΥΝΤΑΓΕΣ ΣΕΦΒΗΜΑ ΒΗΜΑΧΡΗΣΙΜΑΦΑΡΜΑΚΕΙΑΓΙΑΤΡΟΙΑΕΡΟΔΡΟΜΙΑΛΙΜΑΝΙΑΤΗΛΕΦΩΝΑΟΠΑΠΚΑΙΡΟΣΣΥΝΑΛΛΑΓΜΑΛΑΧΕΙΑAPPSΠΡΟΣΦΟΡΕΣΕΝΤΥΠΗ ΕΚΔΟΣΗ ΠΟΛΙΤΙΚΗΤΟΠΙΚΑΠΑΡΑΣΚΗΝΙΟMEDIAΕΛΛΑΔΑΚΟΣΜΟΣΕΠΙΣΤΗΜΗΠΡΟΕΔΡΙΚΕΣ 2023ΤΕΧΝΟΛΟΓΙΑΣΥΝΕΝΤΕΥΞΕΙΣΧΡΥΣΕΣ ΕΤΑΙΡΕΙΕΣ ΕΙΔΗΣΕΙΣΚΥΠΡΟΣ ΤΟΥ ΧΘΕΣΑΝΑΓΝΩΣΤΗ ΕΧΕΙΣ ΛΟΓΟΕΠΙΣΤΟΛΕΣΣΥΝΕΝΤΕΥΞΕΙΣΔΗΜΟΦΙΛΗΣΤΟ INTERNETVIDEOSΑΦΙΕΡΩΜΑΤΑADVERTORIAL ΕΠΙΧΕΙΡΗΣΕΙΣΚΥΠΡΟΣBRAND VOICECAPITALFORBESBLOOMBERG OPINIONΠΡΩΤΑΓΩΝΙΣΤΕΣΚΑΥΤΗ ΓΡΑΜΜΗΧΡΥΣΕΣ ΕΤΑΙΡΕΙΕΣΚΑΡΙΕΡΑ ΑΡΘΡΑ ΣΤΟΝ “Φ”ΠΑΡΕΜΒΑΣΕΙΣ ΣΤΟΝ “Φ”ΤΟ ΜΗΝΥΜΑ ΣΟΥ ΣΚΙΤΣΑΟ ΚΟΣΜΟΣ ΤΟΥ TWITTER THINGS TO DOCINEMAΜΟΥΣΙΚΗΕΣΤΙΑΤΟΡΙΑBAR/CAFETV ΟΔΗΓΟΣΤΗΛΕΟΡΑΣΗ ΚΥΠΡΟΣΚΟΣΜΟΣΚΡΙΤΙΚΕΣΕΚΔΗΛΩΣΕΙΣΠΡΟΣΩΠΑ ΠΟΔΟΣΦΑΙΡΟΜΠΑΣΚΕΤΠΑΡΑΣΚΗΝΙΑΕΛΛΑΔΑΔΙΕΘΝΗΑΛΛΑ ΣΠΟΡΑΠΟΨΕΙΣΣΚΙΤΣΟVIDEOS ΝΕΑΠΑΡΟΥΣΙΑΣΗΑΠΟΣΤΟΛΕΣΑΓΩΝΕΣ ΥΓΕΙΑΔΙΑΤΡΟΦΗΕΥ ΖΗΝΑΣΤΡΑΧΡΥΣΕΣ ΣΥΝΤΑΓΕΣΣΥΝΤΑΓΕΣ ΣΕΦΒΗΜΑ ΒΗΜΑ ΦΑΡΜΑΚΕΙΑΓΙΑΤΡΟΙΑΕΡΟΔΡΟΜΙΑΛΙΜΑΝΙΑΤΗΛΕΦΩΝΑΟΠΑΠΚΑΙΡΟΣΣΥΝΑΛΛΑΓΜΑΛΑΧΕΙΑAPPSΠΡΟΣΦΟΡΕΣ ΕΠΙΧΕΙΡΗΣΕΙΣ ΚΥΠΡΟΣ BRAND VOICE CAPITAL FORBES BLOOMBERG OPINION ΠΡΩΤΑΓΩΝΙΣΤΕΣ ΚΑΥΤΗ LINE GOLDEN COMPANIES CAREER
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Next Previous ETEK's recommendations for inflation and accuracy HOME • INSIDER • CYPRUS • ETEK's suggestions for inflation and accuracy
& nbsp & nbspInsider & nbsp; & nbsp;
Thoughts & nbsp; and suggestions for reducing the effects of inflation and accuracy are presented by & nbsp; ETEK, in a letter to the & nbsp; President of the & nbsp; Republic.
“It is obvious that we are in an extremely unique (singular) and difficult situation (high inflation, low/fragile growth) which does not only concern our country but has global characteristics. Unfortunately, there are no easy solutions. In general, the Chamber agrees with the views of the Chairman of the Financial Council and other experts on the subject, emphasizing the special attention to be paid to the measures to be taken. increased demand as a result of improved health conditions from the pandemic and a generally reduced supply of certain raw materials and goods “, reports ETEK. & nbsp;
High public debt
As he notes, given the high public debt of the country and the impending expected increase in interest rates, we believe that the use of public money should be done sparingly and purposefully, in order to create a protection network for the vulnerable groups of the population but also for protection. jobs. The main concern, he says, & nbsp; should be the preservation of the productive fabric and the avoidance of closing down business health. A parallel goal is for the country not to enter a state of recession.
“Based on all the above, in addition to taking immediate and targeted relief measures, ETEK considers that any additional euros spent by the state should be aimed at actions that will create deflationary forces and strengthen the resilience of the economy. These areas include increased energy efficiency, energy savings, detoxification (or even reduction of use) from the private & nbsp; car, further use of technology, e-government systems (reduction of vehicle traffic, reduction of raw material use, etc.). )
In this regard & nbsp; In the construction sector, measures and policies that encourage the renovation and use of buildings and structures reduce the dependence on raw materials, the rarity of which, as mentioned above, is a key component of current inflation. Furthermore, the state should intervene to organize, assist and direct specific critical sectors by coordinating the supply of sufficient quantities of critical raw materials for the private sector. Finally, the state as a contracting authority & nbsp; through public procurement or procurement should show flexibility and speed in matters of advances, prepayments and inventories so as not to create deadlocks and insurmountable obstacles to public procurement or the implementation of public works, “he said. rationale of ETEK. & nbsp;
Specifically, ETEK suggests:
Increase in the Advance Payment Rate Reduction of the Reservation from 10% to 5% Payment of materials at the construction site or outside by presenting insurance policies Adjustment to the Contract Amount due to increase in the cost of labor and materials based on their actual contribution to the amount of the Project. Faster & nbsp; payments & nbsp; and not after 56 days. Grant & nbsp; extra time & nbsp; time without compensation from either side. Cash reward for all projects that are completed according to their schedule, despite adverse market conditions (something that was recently announced and applied in Greece) Immediate application of the Critical Procedure in all Contracts
Finally, it is noted that Cyprus and the whole European Union are facing an extremely unsolvable puzzle and challenges unprecedented for the last 40 years.
“We are confident that the Republic will overcome this crisis, without disrupting the social fabric, more resilient and greener. “prudence, speed & nbsp; and teamwork. Flexibility and adaptability are also required,” he concludes. & nbsp;
