Economia Group

Since 1934, Economia Group publishes financial magazines, books and photobooks in Greek and English. We also organize relevant conferences, seminars, events and the annual Economia Student Contest for university students, to encourage young people not only to connect their academic knowledge with current affairs but also to foster their networking with top companies in several industry sectors. 2020 marks the 87th year of continuous presence in Greece’s periodical press, and in all these years we have become a reference point in objective reporting.

Our vision is the Greek prosperity through a strong economy with unwavering European orientation and a gaze fixed to the future.

Oikonomiki Epitheorissi. It is the only monthly financial magazine in uninterrupted circulation since 1934 and is also a member of the European Business Press (EBP). It features articles from “The Economist”, with an exclusive partnership that holds since 1976, editorials and articles on the most important developments in Greek economy and entrepreneurship, with a focus on innovation and startups, interviews with distinguished figures from the business and the academic community, reporting and coverage on cutting-edge topics about banking, energy, real estate, education, and shipping, among several other sectors, top news about events and conferences, as well as new book reviews.

Greek Business File. It is the only magazine on Greek economy and entrepreneurship in the English language. It is published every two months and it celebrates its 30th year in 2020. It features analyses and reporting on financial, banking, shipping and entrepreneurial topics, highlighting Greece abroad, while also focusing on European topics, with articles by high-profile members of the academic and scientific community. Further, it is a major communication channel between Greece and the Greek Diaspora, showcasing their activity and deep interest for their home country.

The website www.economia.gr offers daily articles, economic and political analyses on current affairs, dedicated digital features, studies, and extensive coverage of events, conventions and conferences, as well as articles from our near nine-decade publication history, which engage the readers to draw interesting parallels with contemporary affairs. It is Economia Group’s online corner, featuring a plurality of voices, ideas and viewpoints.

a) Economic, business, management and HR books
b) Publications based on archival material
c) Biographies
d) Special business publications
e) Corporate publications (on order)

Economia Publishing is organizing seminars, conferences, lectures, book or corporate presentations, product launches, exhibitions, as well as a wide range of events related to the financial, cultural and social life of Greece.

“Economia Group” has been organizing the Economia Student Contest since 1994 for students from tertiary education institutions. It is a successful contest in which hundreds of students and companies-sponsors with extensive media coverage have participated. The contest’s objective is to introduce students to the business community. Students can participate by writing an essay (2,000 words) in Greek or English about a different topic every year focusing on current business matters.

1934 – Spyros Vovolinis, at the age of 24, publishes the magazine Industrial Review

1962 – The Industrial Review concludes an exclusive cooperation agreement with the British daily newspaper The Financial Times

1976 – The Industrial Review concludes an exclusive cooperation agreement with the British weekly review The Economist

1990 – Alexandra K. Vovolini takes over the management of IR

1996Kerkyra Publications is founded

2004 – The Economic Industrial Review is renamed to Oikonomiki Epitheorissi. The economia Bookstore is also expanding on the Internet via the e-shop in www.economia.gr

2014 – The magazine celebrates 80 years of presence in the press

2020 – The thousandth issue of the Oikonomiki Epitheorissi is published in November

1963/January-August: Spyros Vovolinis published the Special Supplement in English, a summary of the Greek magazine Industrial Review in English. 

1991/December: The quarterly financial issue Industrial Review Special Survey Series was founded, containing extensive surveys on individual sectors of the Greek economy, written by Robert McDonald – former correspondent of the BBC and other international media networks & author of the Economist Intelligence Unit’s quarterly Country Report on Greece.

1998/March: The Industrial Review Special Survey Series was renamed as the Business File and its content became more varied.

2009-2016: Editor-in-chief Philip Pangalos, former correspondent of Sunday Times in Athens.

2017-2019: Editor-in-chief Kyra Adam, former director of Greek daily Eleftherotypia.

2018/February: The Business File was renamed Greek Business File.

2019-current: Editor-in-chief Antonis D. Papagiannidis, Managing Editor of economia Publishing.

2000/June – The Business File Newsletter-Greece & Southeast Europe was published for the first time in English and Greek, providing exclusive and brief information on economic developments in Greece, Southeastern Europe and Turkey – edited by Kerin Hope, until December 2010.

Historical Overview

The magazine Viomichaniki Epitheorisis (VE), which appeared in 1934, emerged as part of the country’s early 20th century publishing activity.  The life project of Spyros Ant. Vovolinis, it filled a gap in the field of financial news and journalism. Though only 24 years old at the time, S. Vovolinis was already knowledgeable and experienced in journalism. The publication of VE was inspired by a personal ambition and a vision laid out in ‘Our goals’, his rigorously written main article in the magazine’s first issue of July 1934.

From its inception VE had a number of prominent journalists and experts on board, including outstanding personalities of the industrial sector (including the businessmen and heads of the Hellenic Federation of Enterprises (SEV) N. Kanellopoulos, A. Hatzikyriakos, N.I. Dedes) and the country’s political life (for instance, L. Kanakaris-Roufos, I. Pesmazoglou, and St. Costopoulos). In response to that period’s demand for more comprehensive information on international economic developments, VE also sought to collaborate with columnists and editors who contributed, alongside the main features, news and analysis on foreign issues (for instance, on foreign industrial policy and production, international exhibitions, and technological innovation).

The review also published minutes from the general meetings of collective organizations (e.g., by SEV), banking institutions (e.g., reports of governors of the Bank of Greece, the National Bank of Greece), and the findings of the Supreme Economic Council, with the aim of providing accurate and objective news to its readership. Besides articles of interest, there were regular Op-Ed columns, such as the ‘Notes’ (which continued well into the 21st century!), through which the magazine’s editors addressed and commented on current issues in the industrial sector, the economy, society and public policy, often proposing solutions (sometimes in a tongue in cheek spirit, but buttressed by facts and thoroughly researched). The covers of its first issues were plain, but in subsequent decades they became visually captivating and innovative, especially by the financial press’s conventional standards.

The VE quickly consolidated its position in the industrial and broader economic world thanks to the prestige and overall quality of its content. The growing number of advertisements – a source of significant revenue – was proof of the magazine’s upward trend and gravitas.

The dark years
The VE continued coming out on a regular basis despite the adversity of the turbulent World War II years and the Occupation. It was briefly run by Lazaros Piniatoglou (a chemist and journalist), who was a friend and associate of S. Vovolinis after the latter enlisted and was wounded on the Albanian front. In 1942, during the German Occupation of Greece, L. Piniatoglou along with Konstantinos Ant. Vovolinis (the founder’s brother) and Ioannis Milios also published the clandestine newspaper Ellinikon Aima. S. Vovolinis also worked in this project, alongside his work at the magazine. The VE, however, ‘shrunk’. Issues became sparse, though they still featured interesting material (e.g., on wheat, on the problems and potential of the Greek industry, on workers’ salaries, social security, on the country’s post-war reconstruction, on the road network, the energy issue, etc.)

The second generation
In 1990 S. Vovolinis, now of then in an advanced age, handed over the magazine’s reigns to his niece and daughter of his brother Konstantinos, Alexandra K. Vovolini, a contributor to VE since the 1970s. Under her lead, the VE restructured and was brought up to par with the latest printing standards. Its appearance was upgraded and material was added alongside long-running columns and sections. The magazine itself underwent a series of rechristenings: from Viomichaniki Epitheorisis to Viomichaniki Epitheorisi in 1991, to Viomichaniki Oikonomiki Epitheorisi in 1997, to Oikonomiki Viomichaniki Epitheorisi in 1999 and, finally, to Oikonomiki Epitheorisi in 2004). Also, the review switched from a subscription only basis to kiosk distribution in 1994.

From Kerkyra Publications to the Economia Group
Today, the Economia Group, which evolved from Kerkyra Publications, represents a new interactive business model for comprehensive and incisive news. It also spearheads the publication of Oikonomiki Epitheorisi, which over a period of 87 years has been an active participant in Greece’s economic development efforts. Besides being a rare instance of longevity in the world of Greek financial and economic news, it is also an example of how tradition and innovation can complement each other.