Tag #Economic Development

Showing 217 to 228 of 525 results

kathimerini.gr

🌐 75% Global Worthiness

Feb 14, 13:12

ETAD Restructuring: Asset Sales & Major Projects Launched

Greece's ETAD is restructuring by mid-year, grouping ~1000 properties into subsidiaries for faster sale, while simultaneously launching five major projects and showing improved 2024 financials (€68.8 million turnover, €25 million EBITDA), despite an €800 million dispute with Attiki Helios Hotel.

ETAD Restructuring: Asset Sales & Major Projects Launched

Greece's ETAD is restructuring by mid-year, grouping ~1000 properties into subsidiaries for faster sale, while simultaneously launching five major projects and showing improved 2024 financials (€68.8 million turnover, €25 million EBITDA), despite an €800 million dispute with Attiki Helios Hotel.

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How will the creation of new subsidiaries affect the sale process and what are the expected benefits?

ETAD's restructuring aims to streamline the sale of its assets, improving efficiency and potentially attracting higher bids. The grouping of properties into subsidiaries is a strategic move to manage the vast portfolio more effectively and expedite the sale process. Simultaneously, ETAD is undertaking several major projects, including the development of the Thessaloniki Governor's Mansion and the upgrading of the Diros Caves.

kathimerini.gr

🌐 75% Global Worthiness

Feb 14, 10:08

Greece Urges EU to Maintain Cohesion Funding Post-2027

The Greek government is advocating for continued EU cohesion funding post-2027, amid concerns about the Commission's potential shift towards horizontal policies, while currently ranking 4th in absorption of €26.2 billion in EU funds.

Greece Urges EU to Maintain Cohesion Funding Post-2027

The Greek government is advocating for continued EU cohesion funding post-2027, amid concerns about the Commission's potential shift towards horizontal policies, while currently ranking 4th in absorption of €26.2 billion in EU funds.

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What strategies can Greece employ to secure continued EU funding for cohesion policy and mitigate the potential negative effects of reduced funding post-2027?

The upcoming mid-term evaluation of the 2021-2027 cohesion policy and preparations for the post-2027 Multiannual Financial Framework are critical. Greece's future access to EU funding for regional development is uncertain, depending on the EU's evolving priorities. Maintaining cohesion funding is vital for Greece's economic competitiveness and structural reforms.

elmundo.es

🌐 85% Global Worthiness

Feb 13, 01:08

Andalusia's CREA Project Forecasts 500,000 New Jobs by 2030

The CREA project, involving the Andalusian government, Harvard, Unicaja, and Oliver Wyman, projects 500,000 new jobs in Andalusia by 2030, driven by significant foreign investment growth (88% in five years) and a record number of new businesses (80% of Spain's total in 2022).

Andalusia's CREA Project Forecasts 500,000 New Jobs by 2030

The CREA project, involving the Andalusian government, Harvard, Unicaja, and Oliver Wyman, projects 500,000 new jobs in Andalusia by 2030, driven by significant foreign investment growth (88% in five years) and a record number of new businesses (80% of Spain's total in 2022).

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What are the key findings and immediate implications of the CREA project regarding job creation and economic growth in Andalusia?

The CREA project, a collaboration between the Andalusian regional government, Harvard University, Unicaja, and Oliver Wyman, forecasts the creation of 500,000 jobs in Andalusia by 2030. This projection is based on an analysis of Andalusia's economic potential and identifies key sectors for growth. The study also highlights a need for increased investment in human capital and infrastructure.

europe.chinadaily.com.cn

🌐 85% Global Worthiness

Feb 12, 04:11

Xia Baolong's Inspection Guides Hong Kong's Development Strategy

Xia Baolong's inspection of Hong Kong's key cooperation zones from Friday to Monday provided clear guidance on advancing major projects, emphasizing economic and financial collaboration to contribute to China's high-quality development, with Hong Kong officials pledging to capitalize on its comparat...

Xia Baolong's Inspection Guides Hong Kong's Development Strategy

Xia Baolong's inspection of Hong Kong's key cooperation zones from Friday to Monday provided clear guidance on advancing major projects, emphasizing economic and financial collaboration to contribute to China's high-quality development, with Hong Kong officials pledging to capitalize on its comparat...

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How does Xia Baolong's visit reflect the central government's broader strategy for integrating Hong Kong into China's economic and technological plans?

Xia Baolong's visit highlights the central government's focus on integrating Hong Kong's strengths into China's national development strategy. The inspection of cooperation zones and Yantian Port underscores the importance of Hong Kong's role in innovation, finance, and logistics within the Greater Bay Area. This collaboration aims to boost high-quality development across the region.

africa.chinadaily.com.cn

🌐 75% Global Worthiness

Feb 12, 04:11

Xia Baolong's Inspection Provides Hong Kong with Clearer Insights on Key Projects

Xia Baolong, a top Chinese official, inspected key Hong Kong-mainland cooperation zones from Friday to Monday, offering insights to advance major projects and contribute to China's high-quality development; Hong Kong officials see the visit as instrumental in leveraging key projects and improving co...

Xia Baolong's Inspection Provides Hong Kong with Clearer Insights on Key Projects

Xia Baolong, a top Chinese official, inspected key Hong Kong-mainland cooperation zones from Friday to Monday, offering insights to advance major projects and contribute to China's high-quality development; Hong Kong officials see the visit as instrumental in leveraging key projects and improving co...

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How does Xia Baolong's visit reflect the central government's broader economic and strategic goals for the Greater Bay Area?

Xia Baolong's inspection highlights the central government's focus on integrating Hong Kong into China's national development strategy. The emphasis on cooperation zones like Hetao and Qianhai reflects a push to leverage Hong Kong's strengths in finance and technology to boost economic growth in the Greater Bay Area. This ties into China's 14th Five-Year Plan objectives for high-quality development.

allafrica.com

🌐 65% Global Worthiness

Feb 12, 16:19

Zimbabwe Promotes Agricultural Joint Ventures to Boost Productivity

The Zimbabwean government is urging farmers to form joint ventures with investors to optimize land use and boost agricultural productivity, addressing resource limitations and promoting collaboration; the government aims to issue 2,500 title deeds by March 31, 2026 and 23,500 by June 30, 2026.

Zimbabwe Promotes Agricultural Joint Ventures to Boost Productivity

The Zimbabwean government is urging farmers to form joint ventures with investors to optimize land use and boost agricultural productivity, addressing resource limitations and promoting collaboration; the government aims to issue 2,500 title deeds by March 31, 2026 and 23,500 by June 30, 2026.

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Zero Hunger

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What are the long-term implications of this initiative on agricultural productivity and land reform in Zimbabwe?

The success of this program hinges on the government's ability to secure land tenure through title deed issuance (targeting 2,500 by March 31, 2026 and 23,500 by June 30, 2026) and collaboration with irrigation infrastructure developers. Future agricultural productivity improvements will significantly depend on the effective implementation of this plan and the accessibility of resources.

africa.chinadaily.com.cn

🌐 75% Global Worthiness

Feb 14, 10:08

Africa's AI Lag: Infrastructure, Talent Gaps, and Policy Barriers Hinder Growth

Experts at the Africa Tech Summit in Nairobi highlighted Africa's small contribution (less than 2.5 percent) to the global AI market, urging the continent to overcome infrastructure limitations, talent shortages, and policy gaps to leverage AI for economic growth.

Africa's AI Lag: Infrastructure, Talent Gaps, and Policy Barriers Hinder Growth

Experts at the Africa Tech Summit in Nairobi highlighted Africa's small contribution (less than 2.5 percent) to the global AI market, urging the continent to overcome infrastructure limitations, talent shortages, and policy gaps to leverage AI for economic growth.

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What are the primary obstacles preventing Africa from participating more significantly in the global AI market?

Africa produces less than 2.5 percent of the global AI market, hindered by limited infrastructure, digital access, and data collection tools. AI startups face challenges including talent shortages, data access issues, and regulatory barriers. Addressing these issues is crucial for harnessing AI's potential for economic growth.

europe.chinadaily.com.cn

🌐 75% Global Worthiness

Feb 14, 07:09

Africa's AI Lag: Infrastructure, Data, and Talent Shortages Hamper Growth

Experts at the Africa Tech Summit in Nairobi highlighted Africa's minimal contribution (less than 2.5 percent) to the global AI market due to infrastructure limitations, data access issues, and talent shortages, urging collaborative solutions and supportive policies for economic growth.

Africa's AI Lag: Infrastructure, Data, and Talent Shortages Hamper Growth

Experts at the Africa Tech Summit in Nairobi highlighted Africa's minimal contribution (less than 2.5 percent) to the global AI market due to infrastructure limitations, data access issues, and talent shortages, urging collaborative solutions and supportive policies for economic growth.

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How can African governments and international partners collaborate to overcome the challenges faced by AI startups in Africa, and what specific steps are needed?

The lack of data production in Africa stems from insufficient infrastructure and digital access, limiting AI development. This is compounded by a shortage of skilled AI professionals and regulatory hurdles. Collaboration with international partners and supportive government policies are essential to bridge this gap.

africa.chinadaily.com.cn

🌐 85% Global Worthiness

Feb 12, 04:11

UNCTAD Report: Strategies for Transforming Africa's Economic Challenges

The UNCTAD's 2024 Economic Development in Africa Report, presented in Abidjan, Cote d'Ivoire, on Monday, outlines strategies for Africa to leverage the AfCFTA to create a \$3.4 trillion market by addressing infrastructure gaps, diversifying exports, and boosting intra-African trade, using Cote d'Ivo...

UNCTAD Report: Strategies for Transforming Africa's Economic Challenges

The UNCTAD's 2024 Economic Development in Africa Report, presented in Abidjan, Cote d'Ivoire, on Monday, outlines strategies for Africa to leverage the AfCFTA to create a \$3.4 trillion market by addressing infrastructure gaps, diversifying exports, and boosting intra-African trade, using Cote d'Ivo...

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How can the African Continental Free Trade Area (AfCFTA) contribute to economic diversification and inclusive growth in Africa?

Africa's over-reliance on commodities for export earnings (over 60 percent for half its nations) leaves it susceptible to volatile global markets. The report advocates for export diversification, intra-African trade growth, and SME support (80 percent of African jobs) to build resilience.

europe.chinadaily.com.cn

🌐 85% Global Worthiness

Feb 12, 04:12

UNCTAD Report: AfCFTA Key to Addressing Africa's Economic Vulnerabilities

The UNCTAD 2024 Economic Development in Africa Report, presented in Abidjan, highlights Africa's vulnerability to global shocks due to commodity dependence and infrastructure gaps, recommending policy reforms, infrastructure investment, and enhanced regional trade integration via the AfCFTA to creat...

UNCTAD Report: AfCFTA Key to Addressing Africa's Economic Vulnerabilities

The UNCTAD 2024 Economic Development in Africa Report, presented in Abidjan, highlights Africa's vulnerability to global shocks due to commodity dependence and infrastructure gaps, recommending policy reforms, infrastructure investment, and enhanced regional trade integration via the AfCFTA to creat...

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What are the key challenges facing African economies, and how can the African Continental Free Trade Area (AfCFTA) mitigate these challenges?

The UNCTAD 2024 report highlights Africa's vulnerability to global shocks due to commodity dependence and high trade costs, emphasizing the need for policy reforms, infrastructure investment, and regional trade integration via the AfCFTA to create a \$3.4 trillion market. Cote d'Ivoire, contributing 40 percent of West Africa's GDP growth and 30 percent of its foreign investment, exemplifies successful strategies.

kathimerini.gr

🌐 75% Global Worthiness

Feb 12, 13:17

Greece Launches €80 Million Microloan Program to Boost Entrepreneurship

Greece launches an €80 million microloan program, offering interest-free loans (up to 75% for women) of €3,000–€25,000 to micro-businesses and individuals, aiming to support 3,300 businesses and boost entrepreneurship.

Greece Launches €80 Million Microloan Program to Boost Entrepreneurship

Greece launches an €80 million microloan program, offering interest-free loans (up to 75% for women) of €3,000–€25,000 to micro-businesses and individuals, aiming to support 3,300 businesses and boost entrepreneurship.

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How does the program specifically support women entrepreneurs, and what are the anticipated outcomes?

The program prioritizes small entities meeting at least two of three criteria (staff ≤10, assets ≤€450,000, turnover ≤€900,000). Loans are interest-free up to 60% (75% for women), with terms of 12–96 months and a grace period of up to six months. No collateral is required.

bbc.com

🌐 75% Global Worthiness

Feb 11, 01:09

Wales benefits from global gaming industry shake-up

Following a global decline in the gaming market, Wales is experiencing growth in the indie gaming sector, attracting companies like Rocket Science to Cardiff due to government funding and lower operational costs, creating job opportunities and educational programs.

Wales benefits from global gaming industry shake-up

Following a global decline in the gaming market, Wales is experiencing growth in the indie gaming sector, attracting companies like Rocket Science to Cardiff due to government funding and lower operational costs, creating job opportunities and educational programs.

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What is the impact of the global gaming industry's restructuring on regional economies, specifically Wales?

Wales's gaming sector is experiencing growth due to the relocation of companies like Rocket Science, a US-based game developer, to Cardiff. This follows a global decline in the gaming market and subsequent layoffs, with many former employees starting their own indie studios. The Welsh government's support through funding initiatives has played a crucial role in attracting these firms.

Showing 217 to 228 of 525 results