The October 1997 issue of Industrial Review celebrates Greece’s membership in the European Union.
A comprehensive survey presents the life changing impact of EU membership on the social and economic structure of Greece:
– in agriculture. Peasants have become jobbing farmers with new wealth and social status
– in manufacturing. Many casualties were reported among smaller companies, unable to adjust to the new standards. But those which managed to adapt found themselves part of a single market of 300 (back then) million consumers.
– in services. Banking and finance had been rapidly liberalised.
Tassos Giannitsis, then economic adviser to the Prime Minister
Jason Stratos, then president of SEV
Theodore Papalexopoulos, former SEV chairman and Titan Cement board member
Ilias Plaskovitis, then secretary general at the ministry of National Economy
Yannos Papantoniou, then minister of National Economy and Finance
Loucas Papademos, then governor of Bank of Greece and
Christos Papoutsis, then Greek Commissioner
talk to Industrial Review and give useful insights on the different ways EU membership transformed Greece.