By Symela Touchtidou-@stouchtidou For neighbors being so close, Greece and Turkey are not close economic partners. Bilateral trade is subdued, cross-border investments and tourism are restrained. And they have been further shrinking in 2020. Is it the result of the pandemic crisis that hit the global economy? Or is it the product of rising tensions [...]
What would it take to bring people out of poverty, to take slums and convert them, to redo deserts for mankind? How advanced the Chinese and the Russians are in nuclear fusion? How is “biotech is the new digital"? Michalis Bletsas is a research scientist and the Director of Computing at the MIT Media [...]
According to Webster’s dictionary, a “pandemic” is an event that occurs over a wide geographic area and affects a large number of people. The word “pandemic” is composed of two Greek words which indeed denote this: an event that concerns a large number (pan) of the people (demos). In this sense, the world is now [...]
It is a strange year the one that marks yet another milestone for the history of our publishing house. In 2020, Oikonomiki Epitheorissi, the flagship of the Economia Group, published its 1000th issue. Oikonomiki Epitheorissi started in 1934 under the name “Viomichaniki Epitheorissis” and with the vision of its founder and publisher, Spryros Vovolinis, to [...]
Since China’s Cosco Shipping Group acquired a majority stake in PPA (Piraeus Port Authority) in 2016, container traffic through Greece’s major port has grown at a steady rate. Long considered the success story of Greece’s lagging privatization program, PPA is listed on the Athens Stock Exchange and consistently reports profits. A transshipment hub for the [...]
The Greek government is looking for a road map to create an innovative, cutting –edge and extrovert pharmaceutical industry. The country already has “a domestic vibrant but not exactly cutting-edge pharmaceutical industry” as the Prime Minister of Greece, Kyriakos Mitsotakis, noted in an online meeting with the heads of top pharmaceutical firms and experts. Now Greece [...]
The draft of the Greek National Recovery and Resilience Plan (RRP) has been submitted to the European Commission. It is a plan based on two parallel lines of action: investment and reform. The ultimate goal is to cover the investment, output and employment gap in Greece. To this end the mobilization of private sector resources [...]
In the debt crisis era, labor cost in Greece was attacked as one of the reasons of the country's low competitiveness. The loss of international competitiveness of the Greek economy was associated with a rapid increase in labor costs in the period up to 2009. Under the three Economic Adjustment Programs, Greece cut drastically wages [...]
By Symela Touchtidou Greece is the fourth largest exporter of marble in the world. The Greek marble extraction and production sector is a rare example of success story during the decade long financial crisis of Greece: faced with the near elimination of internal construction, the sector was forced to redefine its business model and its [...]
By Symela Touchtidou, @stouchtidou On October 30, Greece’s telecoms regulator, Hellenic Telecommunications and Post Commission (EETT), launched a tender for frequencies in the 700 MHz, 2 GHz, 3400-3800 MHz and 26 GHz bands. These are the frequencies allocated for the country’s next generation telecommunication networks, the 5G networks. In Trikala, the pilot program ran [...]