It is necessary to remain steadfast on the difficult path of reforms and major structural changes in the state and its enterprises, so that the economy can regain its proper place and investment grade in international markets and attract investment .
Greece's strategy of alliances should be a model in the immediate future as we confront the energy crisis, the terms of the recovery of societies, and continuous violations by Ankara both of Greece’s rights and of human rights in Turkey.
Projections indicate that by 2100 the EU will have 30 million fewer citizens and that it will likely not have enough workers for its hospitals, hotels, and factories. Hence, states will not easily come up with the funds needed to pay pensions.
The PM reiterated his core belief in the need for tertiary education to be linked to the labour market, so that graduates may more easily find employment and in order to boost the competitiveness of the economy.
Precisely because Greek economic growth remains exceptionally fragile and is inextricably linked to developments abroad, which are often unexpected, the government has a duty to plan its moves extremely carefully, especially as regards the disbursement of money.
More rational citizens realised that the vaccines are effective, defeated fears, and greatly limited the prospect of grave illness from COVID-19. All around the world, vaccinated people feel more secure and free to move and act.
They want to build a future and keep coming up against obstacles – distrustful employers, a state that does not help, and patronage networks comprised of acquaintances, family, and connections
It is not the role of the opposition to constantly agree with the government. Yet, every time it battles against the essence of a necessary, long-delayed reform, nobody wins, not even the party that momentarily benefits.
The post-pandemic period is indeed one of rebirth. Greece, more injured than any other country due to the preceding decade-long economic crisis, has the preconditions for the desired leap forward.
If we want power to become more independent (at least from big capital) and more effective in meeting the demands of society, then we must decentralise.
They survived an exceptionally difficult decade with protracted periods of unemployment, wage cuts, hunting for the cheapest supermarket products, and moving into smaller homes.
Obviously, political developments will be dynamically affected. Nothing will be the same after this summer. Those who still peddle disaster scenarios are by all appearances off the mark. They must re-evaluate their stance and behaviour.
The growth spurred by EU funds will not trickle down into Greek society. On the contrary, the reconstructed productive base of the economy will aggravate inequalities.
In view of the upcoming tourist season and a new sense of normalcy, the PM’s visit to the Dodecanese island of Astyplaaia yesterday could well serve as a trailer to promote Greece in the coming period.
'Both sides expect a Washington visit to happen, and I think it will largely be determined on how things proceed in terms of finally defeating the pandemic and getting us back to the normal business of face to face diplomacy.'
The possible upgrades of the Greek economy with the help of the Recovery Facility may enable Greece to again play ball on the investment level.
If the vaccine rollout continues at the current pace, thirty-somethings will be a step closer to normalcy and can effectively lure the rest of society in the same direction so as to build a wall of immunity.
An economic boost can be achieved in the capital - with a nationwide ripple effect, through the six redevelopment projects, most of which have been included in the “Ellada 2.0” plan, that the government has announced.
Prime Minister Kyriakos Mitsotakis and his cabinet yesterday reviewed the government’s National Recovery Plan that is about be submitted to the European Commission for approval so that Greece may receive its share – 32 billion euros – of EU Pandemic Recovery Fund monies.
There should have been a heavier schedule of routes in mass transit and demonstrations and a public backlash should not have been encouraged.
One of the most important lessons from the pandemic, as the PM put it in an article of his that Ta Nea has published today, is the valuable, decisive, and irreplaceable role of the state.
State organisations, services, and elected officials were passing the buck between them by exploiting the diachronic dysfunction of overlapping jurisdictions.
In general, electrical grids that do not incorporate competitive elements and characteristics obviously need public care and public funding as private funding is unavailable.
It is well known that long after a citizen retired he or she was up in the air without money, awaiting payment, and making great sacrifices. That reality did no honour to a civilised society.
Just as after wars, so too after major economic recessions there comes a time to pay off the debt or at least reduce it in relation to GDP through economic development and inflation.
Before the summer season trips in Greece should be feasible and absolutely safe both for visitors and tourism workers and all other citizens.
Tourism and related economic sectors for example will not be freed up nor will they have a shot at quick recovery at 2019 levels, as most had expected.
The example of Portugal and the threat of a third wave are very much with us and jeopardise the enormous efforts made by societies so far.
Beginning in 2021 the aim is to contribute to the greatest possible degree to the national effort to place Greece on the path of economic development through the use of state-owned real estate.
Despite the unfortunate timing of the pandemic in the early stages of recovery of the Greek economy ihe durability and adaptability of healthy economic units produce healthy antibodies.
The objective is to link research to the productive base of the economy, the adaptation of Greek industry to the competitive environment by creating value in all areas of entrepreneurship.
Those ministers who want to have somethin to show from their work in a year that the country will be tested on a variety of levels should take this seriously into account,
Health systems are expected to be further burdened as it is projected that due to the new strain of the virus more people will fall ill in a biefer time span.
There is a pressing need to ensure that the state will be he here after the end of the pandemic to supporτ citizens financially and in terms of public health.
Surely just a few years ago no one would have expected that a company manufacturing electric-powered automobiles would establish a production plant in Greece, and yet yesterday the first step was taken.
Investments such as Systenm Sunlight's that are oriented toward environment-friendly technology constitute a strong vote of confidence in Greece's prospects.
Greece in these especially tough conditions is demonstrating it worth and power as well as its hidden and underestimated capabililities.
The PM dismissed accusations that the government's failure to impose tighter strictures on summer tourism such as requiring a COVID-19 four days prior to travelers' departure.
In an exclusive interview with in.gr, tanea.gr, and tovima.gr, Professor Gkikas Magiorkinis details the major obstacles that arise in the effort to inform an often distrustful public about COVID-19.
With the start of vaccinations economic activity and international trade are expected to gradually rebound and Greece has an action plan to bolster an outward-looking approach.
Once the framework for a rebound of the economy is decided, it will be necessary to urgently fashion a flexible, modern, and citizen-friendly state and public administration.
What is paramount now is to stem the spread of SARS-CoV-2 and to alleviate the often unbearable burden on the National Health System.
According to the proponents of the hard line if current measures prove inadequate there is a greater likelihood of a derailment of the situation with a higher chance of a general lockdown
The benefits of wearing masks everywhere are enormously greater than any fleeting discomfort, not only for public health but also for the economy and the country in general.
PM Kyriakos Mitsotakis SAID the project will bring 1bn euros in long-term financial benefits to Greece. He said the prowill include a training program in digital skills for about 100,000 people.
Deals such as the one with Microsoft not only create many new jobs but also open the way for the return of the brain drain generation.
Alexis Tsipras is attempting to organise an autarchic party with a hegemonic leader along the lines of Pasok’s model of governance in the 1980’s under Andreas Papandreou.
The PM pledged to take all necessary measures to protect workers and employees who are most threatened by the impact of the uncertainty and the huge economic tempest triggered by the pandemic.
'This is the biggest economic crisis since 1929, but Greece, compared to other European countries, is performing not as bad as it was initially estimated,' the PM declared.
Greece and governments all over the world hope that the vaccine will help manage the public health crisis and permit a gradual normalisation of social and economic life.
The creation of a Citizens’ Digital Academy to improve digital skills is a step in the right direction. In this wondrous world of amazing accomplishments and capabilities no one should be left behind.
A re-orienation of the economy and a shift in the productive model is needed now more than ever.
Net revenues from the state budget amounted to 14.1bn euros, a 1.34bn shortfall (8.7 percentage points as compared to the 2020 budget projection) and that is due to the impact of the lockdown and subsequent issues.
The tourism minister spoke straight after a nationally televised address by Prime Minister Kyriakos Mitsotakis in which he announced a 24bn euro pandemic recovery fund and the government’s plans to re-open the country to international flights.
The PM boasted that the Greek people through perseverance in weathering the crisis and religiously following public health guidelines in the lockdown turned Greece into a model country.
Certain government members in an effort to personally capitalise on the public health success are creating a climate of unjustified complacency.
The European Commission essentially set the foundations of a restart of the tourism sector which is of crucial importance for the salvation of the Greek economy.
Certain political forces must understand at long last the role of the Central Bank, the degree of independence from political power that it enjoys, and to whom it must offer an accounting.
The public health crisis that developed and remains a threat demonstrated the value of the necessary technological transformation and the capabilities that it can offer.
Every percentage point in GDP is hugely valuable in the fight to fend off a devastating blow to the labour market and to the economy more generally.
The government took on the challenge of the pandemic with a series of right moves: Choosing trustworthy managers and acting quickly to avoid the worst it protected the health of the citizenry and the stability of the National Health System.
A loss of 250,000 jobs at small and very small businesses in all sectors is projected and nearly fifteen percent of them will never re-open.
enormous efforts will be made to keep the economy standing, as long as the government provides the necessary tools and the productive forces devote all their energy.
Who is making Greece a laggard in areas where it could be a pioneer? It is against these forces of delay that the battle must be won.
The oft-neglected primary sector has exhibited endurance and may be among the few that can do well in these extraordinary circumstances.
Under no circumstances should the government allow even a suspicion that it will seek to serve partisan special interests or social and professional groups that are pro-government.
Medical experts stress that the re-opening of society and the economy must be carefully controlled and based on rules enforced with the same sense of discipline as during the lockdown.
The economic toll arising from the pandemic will be higher for Greece than for other EU countries because it relies so heavily on tourism and services more generally as well as on transport and consumption.
Was it necessary for the balance of oil supply and demand to become so skewed in order to reduce the price for the highly over-taxed Greek consumer?
It is indicative that in record time for the normally sluggish Greek state it took only five days to implement a key measure to subsidise interest payments on business loans.
The EU summit on 23 April should demonstrate that not only has Europe learned from the mistakes of the past but also that the Union knows how to act swiftly.
The seven to eight billion euros to which Greece will have access will derive from three funding tools: The SURE programme, the European Investment Bank, and the European Stability mechanism (ESM).
'The issuance of one-off coronabonds is one possibility, There are other instruments that could be used, like an EU rescue fund or measures involving the ESM or the European Investment Bank,' says Isabel Schnabel.