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Hello, I’ll commencement contiguous with the lawsuit of the “Tomb of the Unknown Soldier,” with immoderate observations and a spot of reporting. First of all, let’s clarify that according to my root from the Ministry of Defense, Dendias was alert of Mitsotakis’ decision—to delegate the guarding of the Tomb of the Unknown Soldier to the Ministry of Defense—since past Thursday, erstwhile the Prime Minister himself called him. Mitsotakis’ post, I punctual you, came 3 days later, connected Sunday morning, connected his Facebook page. I asked insistently whether Dendias expressed immoderate objections to this, and my root answered negatively—and, frankly, nary 1 would expect Dendias, with his illustration arsenic a superior and tenable right-wing politician, to respond otherwise.
Mitsotakis successful Parliament
I’m told that the amendment stipulating that anyone desecrating the Tomb of the Unknown Soldier volition look apprehension and up to 2 years successful situation volition astir apt beryllium submitted connected Monday by Mitsotakis himself, who volition besides elaborate connected the issue. Spokesman Marinakis clarified yesterday that they’re not going to erase the names of the dormant from the monument, but that “the structure is over.” And I deliberation that’s the close handling—to debar giving the accustomed suspects an excuse to disturbance up tension.
PASOK
Now let’s crook to PASOK’s absorption yesterday. I systematically debar commenting connected Ms. Karystianou for evident reasons. But PASOK’s announcement highlighted the party’s large individuality crisis. In elemental terms, person Nikos has mislaid his bearings—even connected an contented arsenic comparatively straightforward arsenic this 1 for a rational, centrist enactment similar PASOK has been since 1985. You can’t beryllium some for the policeman and against him, arsenic the aged saying goes, due to the fact that successful the extremity you look ridiculous. And of course, nary centrist elector is “for the tent.”
The Tsipras–Nikos situation
With each this going on, PASOK is heading for 3rd place. As we wrote recently, Tsipras’ radical assertion that polls amusement them trending toward 2nd place, up of PASOK. A reliable root of excavation confirmed that Tsipras is present polling astatine a coagulated 8% (“yes, I’ll ballot for him”), with different 4–5% successful absorption groups saying they’re “very adjacent to voting for him.” So, he’s taking astir two-thirds of SYRIZA, each of New Left, and nibbling votes crossed the near spectrum—plus astir 1 constituent from Nikos. That adds up to astir 12.5% for Tσίπρας, portion PASOK sits astatine 12% successful the aforesaid survey. We’ll spot successful the coming months whether this holds up—but if PASOK keeps “pretending to beryllium Zoi (Konstantopoulou), conscionable much polished,” arsenic immoderate say, they’re decidedly heading for bronze.
A heated statement ahead
Today’s parliamentary league volition absorption heavy connected nationalist issues, arsenic portion of the pre-agenda debate. I recognize that Mitsotakis, who’s mostly irritated by the home disapproval his authorities faces and by the breakdown of organization unity, has decided to onslaught a crisp code successful some his code and his closing remarks.
MPs venting frustration
Yesterday’s gathering betwixt Minister Tsiaras and ND MPs astatine enactment office was a known “minefield,” and the treatment was acold from easy. Still, it could person been worse if not for 2 tiny pressure-release valves: first, payments that went done yesterday on with immoderate alleviation measures for affected producers; second, Tsiaras’ honesty—he described the pugnacious concern and work letters the ministry received from the European Commission.
MPs’ frustration
Despite bully intentions, ND MPs are furious—both implicit the handling of the livestock epidemic and the messiness with workplace subsidies. Some uncertainty whether OPEKEPE should determination nether the taxation authorization (AADE), arguing that the bureau besides certifies, not conscionable pays retired funds. Others accidental precious clip was mislaid and the contented underestimated, though they’ve present been promised that beforehand payments for the basal subsidy volition beryllium completed by the extremity of November. Everyone, however, recognizes that successful a societal radical that erstwhile gave ND astir 50%, the temper has turned sour. Of course, they each knew what was going on—but present that things person tightened, they’re speaking up, disquieted astir reelection.
Mitsotakis successful Peristeri
On Friday, Mitsotakis plans a sojourn to Peristeri. He’s expected to inaugurate the city’s caller courthouse with ministers Floridis and Bougas, alongside a blessing ceremonial by section Bishop Grigorios. The country is his aged constituency, truthful it’s acquainted territory. In general, he’ll beryllium resuming his nationalist rounds.
Mitsotakis astatine Onassis Hospital
And portion we’re connected the Prime Minister’s schedule: the Onassis Foundation has completed the caller National Transplant Center and the renovation of the Onassis Cardiac Surgery Center. On Tuesday, October 21, Mitsotakis volition inaugurate this large donation. The caller National Transplant Center is state-of-the-art—built astatine a outgo of €100 million, with cutting-edge aesculapian exertion worthy implicit €30 million. The 7,000-sq-meter, four-story installation has 47 caller beds (33 for children) and 12 pediatric ICU beds (5 for infants).
The instrumentality of Samaras
Samaras made his archetypal nationalist quality successful a portion yesterday, astatine Karamanlis’ code successful the Old Parliament building. A week earlier, he’d avoided a face-to-face gathering with Mitsotakis—who, though invited, cautiously stayed away. Instead, Hatzidakis had to portion the “bitter cup,” uncovering himself abruptly seated adjacent to Samaras (though that seat had been bare astatine first). I’m told Samaras present plans to look regularly astatine nationalist events—from present on, expect to spot much of him, with each that implies.
A gathering of concern leaders for Panos Germanos and Sadek Wahba
Yesterday astatine the Hotel Grande Bretagne took spot the 2nd Olympia Dialogues event. After banker Josef Ackermann headlined the archetypal one, this clip Panos Germanos and Andreas Athanasopoulos hosted Dr. Sadek Wahba, laminitis of the backstage equity steadfast I Squared Capital. Based successful Miami, with astir $60 cardinal nether management, I Squared Capital invests broadly successful infrastructure — from water, ports, and logistics to information centers, batteries, and transport. Wahba, who already has connections successful Greece and sees the state arsenic a large concern opportunity, adjacent owns companies operating London’s reddish double-decker buses. Among the high-profile Greek concern figures attending were D. Papalexopoulos, Eutychis Vassilakis, Nikos Karamouzis, G. Linatsas (AXIA), Stelios Frangos (Hellenic Republic Asset Development Fund concern fund), Aris Karytinos (Prodea), K. Kazas (Grant Thornton), Rania Aikaterinari (SEV), Giannis Emiris (Alpha Bank), H. Lampropoulos (Hellenic Development Bank of Investments), N. Vettas (IOBE), G. Michos, and others.
Insurance companies connected edge
There is heavy interest successful the security assemblage astir the aboriginal and the impending transformations successful the market. The assertive introduction of banks into the security concern has alarmed insurers who are being near out, fearing that this volition exert dense unit connected the industry, make new, unpredictable dynamics, and bounds entree to premium-generation “channels.” Their worries are acold from unfounded.
IMF: Greek meetings astatine Joe’s Steakhouse
The celebrated Joe’s Seafood, Prime Steak & Stone Crab—at 750 15th Street NW successful Washington, D.C., close crossed from the White House—is 1 of America’s best-known restaurants. With respective backstage rooms, it’s a discreet gathering spot for politicians, concern leaders, and analysts. During the IMF and World Bank Annual Meetings, Joe’s Steakhouse becomes the accepted gathering spot for the Greek delegation, wherever it holds cardinal talks distant from prying eyes. Michalis Masourakis has already handled the indispensable reservations, and Greece is, successful fact, a fashionable treatment taxable this year. Between plates of Florida chromatic crab claws, premier steaks, and the celebrated citrus pie, large deals are often sealed. Just days ago, Argentine President Javier Milei celebrated determination aft securing a $20 cardinal assistance woody for Argentina, adjacent inviting the Chinese to bargain soy from Argentina alternatively of the U.S. The Greek squad arrived Tuesday day and began meetings each time Wednesday, starting with JP Morgan and Oliver Wyman.
Grimaldi’s plans for Syvota and Plataria
Guido Emanuele Grimaldi, president of the Igoumenitsa Port Authority, appears to person large plans for the wider region, aiming to pull much Italian tourists to Greece. Speaking informally during the Shortsea Shipping Owners Association Conference successful Athens (“Walking into a New Era”), helium revealed that he’s focusing particularly connected Syvota and Plataria, areas successful a strategical location—close to Paxos and conscionable 48 miles from Italy. “Syvota is simply a beauteous area, but not well-known successful Italy,” helium admitted. “Only the portion of Apulia truly knows it—elsewhere, Italians observe it chiefly done sailing.” Since the country is conscionable a fewer hours distant by sea, Grimaldi believes Western Greece is highly appealing for Italian travelers. This inaugural is portion of a broader tourism improvement program to boost visitant numbers and fortify the section system of Igoumenitsa.
U.S.–Russia confederation against the IMO
The long-anticipated treatment astatine the 2nd Extraordinary Session of the Marine Environment Protection Committee began connected Tuesday successful London, focusing connected the International Maritime Organization’s (IMO) projected Net-Zero Framework (NZF), which aims to found caller decarbonization measures for planetary shipping. The model is expected to beryllium enactment to a ballot today, Thursday, October 16, 2025 — unless postponed to tomorrow. This is possibly the lone lawsuit wherever the United States and Russia basal publically broadside by side, joined by Saudi Arabia, each powerfully opposing the adoption of these caller biology rules. Many countries initially kept their positions secret, portion Saudi Arabia, connected the precise archetypal day, adjacent requested that the moving radical not statesman — a petition that was denied. Participants person been redrafting respective parts of the text, which, according to 1 root “present connected the ground,” were astir nonsensical successful their archetypal form. The lobbying has been intense: 1 country’s delegate initially announced they would enactment the measures, lone to reverse people a fewer hours aboriginal aft beardown backlash from home shipowners.
A caller epoch for Cypriot shipping nether Poly
The electoral General Assembly of the Cyprus Union of Shipowners (CUS) took spot connected Monday, October 6, 2025, marking a caller section for Cypriot shipping. Polys V. HadjiIoannou was elected arsenic president, and the caller committee includes respective salient Greek shipowners: Thanasis Martinos, Ioannis Coustas, Haris Vafias, Ioanna Procopiou, and George Tsavliris.
OPAP: Merger prospects stabilize the stock
The OPAP banal showed a stabilizing inclination successful yesterday’s trading session. It remained mostly affirmative passim the day, dipping somewhat during the auctions to adjacent astatine €18.60. The banal has present entered a caller phase, characterized by precocious trading volumes — €26.8 cardinal connected Monday, €77 cardinal connected Tuesday, and €22.6 cardinal yesterday — connected par with the enactment seen successful the large banks. Brokers noted that OPAP volition pull portfolios seeking some maturation and dividend yield, arsenic absorption has pledged a minimum payout of €1 per share. The anticipation of aboriginal acquisitions remains connected the table, arsenic emphasized during the company’s expert call. In the coming months, OPAP and its genitor institution Allwyn volition beryllium successful the spotlight arsenic analysts and organization investors are briefed connected the ambitious merger that aims to make a €16 cardinal integrated gaming and lottery giant, headquartered successful Athens, with a beardown beingness successful some Europe and the U.S.. Such scale, particularly for a institution based successful Greece, is genuinely unprecedented.
The Athens Stock Exchange looks West for assistance — and finds none
Greek retail investors proceed to determination astir €100 cardinal play into communal funds, which present full €28.3 cardinal successful assets. Company net person been coagulated but unspectacular, portion a question of large deals shows that listed firms are preparing for the adjacent epoch of superior markets. The U.S. Federal Reserve, gathering connected October 27–28, is expected to chopped involvement rates by different 0.25%, citing anemic labour marketplace information alternatively than inflation. Meanwhile, Christine Lagarde, mindful of Paris and Berlin, is besides hinting astatine a imaginable Eurozone complaint cut. In this mixed situation — neither bearish nor euphoric — the Athens Stock Exchange (ASE) followed its caller pattern: starting beardown successful the morning, past losing momentum astir midday erstwhile U.S. funds usually participate the market, lone to trust connected home enactment later. Yesterday, insignificant boosts came from Coca-Cola HBC (+1.13% astatine €39.22) and Eurobank (+0.39% astatine €3.63), but the marketplace yet slipped, closing astatine 2,045.81 points, down 0.54%, adjacent the day’s low. Total trading worth reached €252.83 million, including €14.48 cardinal successful 19 artifact trades. Aegean Airlines, with €2 cardinal successful turnover, gained 3.01%, closing astatine €13.70. Tomorrow night, Standard & Poor’s volition merchandise its caller standing for Greece’s sovereign credit. In smaller-cap stocks, trading remains highly speculative, often moving connected conscionable a fewer tens of thousands of euros — making immoderate inclination fragile and easy reversible.
Upheavals (with rent increases) successful the car leasing market
At the extremity of 2020, a startup was founded successful Greece with the extremity of changing the mode radical lease cars — offering flexibility, bully prices, and “complete services.” FlexCar, founded by Konstantinos Davaris and Giorgos Desyllas (co-founders and CEO–CFO respectively), has shown awesome maturation successful caller years. However, successful caller days, FlexCar customers person been receiving messages and letters announcing melodramatic rent increases of up to +30%. “For us, it’s not conscionable the vehicle,” the missive reads. “It’s everything that comes with it: afloat maintenance, method inspection, 24/7 roadside assistance, afloat security coverage, a replacement vehicle, and the enactment to alteration oregon bargain retired the car.” “The increases successful attraction costs, spare parts, and security person importantly affected the car market.” As a result, FlexCar announces that: “…from your upcoming lease period, the caller monthly rent for your vehicle” volition summation by +30%. For example, a Toyota Yaris goes from €366.81 to €460, and a VW Polo from €271.40 to €320. For now, there’s nary accusation connected whether different companies volition travel suit.
BlackRock believes everything volition go tokens
Larry Fink, CEO of BlackRock, gave an interrogation to CNBC yesterday, revealing the adjacent large stake of the world’s largest plus manager — which oversees $10 trillion successful portfolios: “Forget insubstantial — everything volition go tokens.” According to Fink, each plus — existent estate, stocks, bonds, adjacent works of creation — volition beryllium turned into integer tokens operating connected a blockchain. “We are lone astatine the opening of the tokenization of each assets, from existent property to stocks and bonds. There are $4.1 trillion globally successful integer wallets. If we could tokenize an ETF, we could bring crypto investors into semipermanent status products. This is the adjacent question of accidental for BlackRock.” Instead of holding a portion of insubstantial proving banal ownership, an capitalist volition clasp a token. Instead of buying an full apartment, they’ll bargain 0.5% of a spot arsenic a token. The $4.1 trillion successful integer wallets globally represents funds invested successful Bitcoin, Ethereum, and different cryptocurrencies — mostly speculative, not semipermanent investments similar pension funds oregon ETFs. BlackRock aims to span that gap. If an ETF (Exchange-Traded Fund) were tokenized, crypto investors could bargain it straight from their integer wallets — nary banks, intermediaries, oregon accepted accounts required. BlackRock has already secured support for a Bitcoin ETF successful 2024, attracting billions successful conscionable a fewer months. Tokenizing fiscal markets promises 24/7 trading, dissimilar accepted exchanges that adjacent overnight. It besides offers instant colony (instead of 2–3 days) and greater accessibility (you tin put with conscionable €10). Of course, uncertainties and large questions remain: Who regulates these tokens? How is transaction reliability ensured? What happens if you suffer your wallet password? Fink said we’re astatine the opening of this revolution. If he’s right, the fiscal strategy successful 10 years volition beryllium unrecognizable. If not, it’ll beryllium conscionable different inclination that flared up and burned out.
War for the information centers
The Financial Times revealed yesterday that 4 tech giants — BlackRock, Nvidia, Microsoft, and Elon Musk’s xAI — person formed a consortium to get 1 of the world’s largest information halfway operators for $40 billion. Nvidia controls 90% of the AI spot marketplace and wants to guarantee its clients person entree to infrastructure. Microsoft is investing billions successful AI but depends connected 3rd parties for servers. Musk needs information centers to grow Grok without relying connected competitors. Data centers — the “brains” of artificial quality — are present considered the astir invaluable existent property successful technology. The 4 companies would power the concatenation from the spot (Nvidia), to the unreality (Microsoft), to the AI exemplary (xAI), and the bundle itself. For now, the warfare for dominance successful AI is being fought with steel, concrete, and monolithic amounts of energy.
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