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Greek Business File

Crayfish of Lake Polyfytos: It’s all about good taste!

by Symela Touchtidou Subtle taste – a rare delicacy from an unexpected place. Western Macedonia, located in northwestern Greece, is the only landlocked Region of the country. It is mainly known for its coal industry and secondly for its agricultural products. Lately, though, another industry is emerging: the freshwater fishing industry. Lake Polyfytos Created for electricity production, meant to outlive it. In its core, the Polyfytos artificial reservoir. It is a funny turnout of fate. Lake Polyfytos is an artificial [...]

May 27th, 2021|Greek Business File|

The royal palace of Tatoi as national heritage

It is undoubtedly an ambitious plan. The intervention expected to take place in the former royal estate in Tatoi has one main goal: the promotion of the summer palace of Tatoi as a whole, while highlighting its historical identity. The plan is apparently proceeding without any delay. In the following years, the former royal Tatoi estate will gradually turn into an impressive natural and cultural hub, with various facilities for different activities, including a luxury hotel, cafés, restaurants, sports and [...]

May 18th, 2021|Greek Business File|

SKY express: Going international

SKY express, part of the IOGR Group, has been operating as a domestic airline since 2005. From the day of its founding, the company has showcased a steadily upward course, which makes it the fastest-growing airline in Greece, as well as one of the fastest-growing carriers in Europe. Its mainly owned fleet (10 ATR 42, ATR 72, 6 Airbus A320neo) covers 39 destinations throughout Greece, including public service operation routes (PSO), as well as international destinations (Larnaca, Brussels), effective from [...]

May 10th, 2021|Greek Business File|

Debt and the myth of rational expectations

by Anthony Kefalas The pandemic has exposed the long-simmering problems of casino capitalism: the neglect of public investment, the disinvestment in the welfare state, the rise of oligopolistic structures, the upending of the notion of value creation in favor of value extraction. Most of all it has highlighted the huge rise in inequality – of all sorts and across economic lines and social structures. The list goes on. Central banks have lost power as finance ministries have taken over the [...]

May 7th, 2021|Greek Business File|

Sustainable Ship Recycling: Turkey-Greece: 8-0

by Dr. Anna Bredima* – abredima@yahoo.gr The Greek-owned fleet is the biggest in the world. A raft of international technical standards in order to face climate change sends annually a very big number of ships to scrap yards at an increasing pace. The new air emissions standards according to the International Maritime Organization (IMO) and the EU render compliance of the existing fleet financially unsustainable and, hence, guarantee a steady flow of clients for recycling in the future decades. Around [...]

May 2nd, 2021|Greek Business File|

Becoming the Rotterdam of the South: The logistics industry in Greece is booming

by Symela Touchtidou @stouchtidou Total surface area to be built: 300,000 m². Total capital invested: €150 million. New logistics projects in Greece currently under way, mainly in Attiki and Thessaloniki, have mobilized €150 million and will create 300,000 m² of new facilities, according to a survey by the GEOAxIS chartered surveyors. Two main factors are driving this trend: the disinvestment of the debt crisis era and the rapid growth of electronic commerce, further nurtured by the movement restrictions imposed due [...]

April 24th, 2021|Greek Business File|

Creating a modern spatial planning legislation

  by Efthimios Bakogiannis, Secretary General for Regional Planning and Urban Environment One of the key roles of spatial planning is to support developmental choices through spatial receptors and settings. It becomes self-evident that, first, the lack of consistent long-term spatial planning rules makes it difficult to implement various development options (in some cases the above cannot be understood independently of their spatial dimension) and cancels the effectiveness of economic planning. At the same time, it leads to dangerous and [...]

April 21st, 2021|Greek Business File|

Spatial planning: Time to deliver- The new GBF issue is out

“Spatial planning: Time to deliver”: The March/April 2021 issue of Greek Business File (GBF) is dedicated to a key instrument of a country’s development and investment. Greece is a rare example of a European country that lacks a comprehensive and effective spatial planning system. GBF looks into the 2020 "Modernization of urban and spatial planning legislation". Efthimios Bakogiannis, Secretary General for Regional Planning and Urban Environment, presents the government’s policy for a horizontal intervention to provide environmental, growth and social support. [...]

April 15th, 2021|Greek Business File|
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