Tag #Greece

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kathimerini.gr

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May 15, 01:11

Panathenea Festival Attracts 3,500 Attendees, Showcases Greece's Growing Tech Scene

The inaugural Panathenea innovation festival in Athens, held May 7-9, drew nearly 3,500 attendees, including 20% international participants, showcasing Greece's growing tech scene and attracting over 600 international investors and 600-700 startups.

Panathenea Festival Attracts 3,500 Attendees, Showcases Greece's Growing Tech Scene

The inaugural Panathenea innovation festival in Athens, held May 7-9, drew nearly 3,500 attendees, including 20% international participants, showcasing Greece's growing tech scene and attracting over 600 international investors and 600-700 startups.

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Decent Work and Economic Growth

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What is the immediate impact of the Panathenea festival on the Greek innovation ecosystem and its international standing?

The first Panathenea innovation festival in Athens attracted nearly 3,500 attendees, 20% of whom were international participants. This demonstrates growing global interest in the Greek innovation ecosystem and its potential to attract foreign investment and talent.

jpost.com

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May 15, 13:11

Greece-Israel Defense Partnership Strengthens Amidst Regional Instability

The DEFEA defense exhibition in Greece (May 6-8) highlighted the growing strategic partnership between Greece and Israel, encompassing defense technology, military training (Greece's $1.5B Kalamata Flight Training Center with Elbit Systems), energy cooperation (linking electricity grids), and diplom...

Greece-Israel Defense Partnership Strengthens Amidst Regional Instability

The DEFEA defense exhibition in Greece (May 6-8) highlighted the growing strategic partnership between Greece and Israel, encompassing defense technology, military training (Greece's $1.5B Kalamata Flight Training Center with Elbit Systems), energy cooperation (linking electricity grids), and diplom...

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Peace, Justice, and Strong Institutions

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How did Turkey's actions in the Eastern Mediterranean contribute to the strengthening of the relationship between Greece and Israel?

The burgeoning Israel-Greece defense partnership, fueled by shared concerns about Turkey's actions in the Eastern Mediterranean, extends beyond military cooperation to encompass energy security (a joint project to link electricity grids) and diplomatic alignment within trilateral frameworks (Greece-Israel-Cyprus and the 3+1 format with the US). This strategic alliance counters regional instability.

kathimerini.gr

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May 15, 01:11

Greece's Fiscal Success Hides Deep Economic Challenges

Greece's fiscal success masks persistent challenges: a negative current account balance, €75 billion in non-performing loans (2024), and devaluation of labor, threatening long-term prosperity.

Greece's Fiscal Success Hides Deep Economic Challenges

Greece's fiscal success masks persistent challenges: a negative current account balance, €75 billion in non-performing loans (2024), and devaluation of labor, threatening long-term prosperity.

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Reduced Inequality

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How does the high level of private debt in Greece affect economic growth and social well-being?

The country's reliance on volatile sectors like tourism makes its economic outlook vulnerable to external shocks. High private debt, totaling €75 billion in 2024, hinders domestic demand and economic activity, impacting hundreds of thousands of households and businesses.

kathimerini.gr

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May 15, 10:12

Greece to Strengthen Collective Bargaining, Facing Extension Challenges

Greece launches talks between the government and social partners to create a roadmap by the end of 2024 to boost collective bargaining, aiming to increase the percentage of workers covered by collective agreements from 25-30% to 80%, facing challenges in extending agreements due to employer represen...

Greece to Strengthen Collective Bargaining, Facing Extension Challenges

Greece launches talks between the government and social partners to create a roadmap by the end of 2024 to boost collective bargaining, aiming to increase the percentage of workers covered by collective agreements from 25-30% to 80%, facing challenges in extending agreements due to employer represen...

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What are the immediate goals and potential impacts of Greece's plan to strengthen collective bargaining, and what specific challenges might hinder its implementation?

Greece initiates a dialogue between the government and social partners to design a roadmap by year's end for strengthening collective bargaining, aligning with EU Directive 2022/2041 on adequate minimum wages. An expert group, including representatives from labor unions and employers' associations, will prepare this plan, aiming to significantly increase the percentage of workers covered by collective agreements from the current 25-30% to 80%.

kathimerini.gr

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May 15, 10:12

Greek PM pitches investment opportunities to German CEOs

The Greek Prime Minister met with 20 German CEOs for an hour, discussing Greek investment opportunities in energy and digital technology, emphasizing Greece's post-crisis economic transformation.

Greek PM pitches investment opportunities to German CEOs

The Greek Prime Minister met with 20 German CEOs for an hour, discussing Greek investment opportunities in energy and digital technology, emphasizing Greece's post-crisis economic transformation.

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What broader economic and political factors influenced this meeting and its potential results?

This meeting reflects Greece's efforts to attract foreign investment and showcases its improved economic standing post-crisis. The focus on energy and digital technology suggests a strategic direction for future development and economic growth, aiming to leverage these sectors to attract investment.

kathimerini.gr

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May 14, 13:15

Metlen and Iliad Italia Sign 10-Year Solar Energy Agreement

Metlen, a Greek energy company, signed a 10-year power purchase agreement (PPA) with Iliad Italia to supply 20 GWh of solar energy annually from two 15-MW Italian solar plants starting in late 2025, reducing Iliad's CO2 emissions by over 5,000 tons yearly and advancing both companies' sustainability...

Metlen and Iliad Italia Sign 10-Year Solar Energy Agreement

Metlen, a Greek energy company, signed a 10-year power purchase agreement (PPA) with Iliad Italia to supply 20 GWh of solar energy annually from two 15-MW Italian solar plants starting in late 2025, reducing Iliad's CO2 emissions by over 5,000 tons yearly and advancing both companies' sustainability...

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Affordable and Clean Energy

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How does this partnership contribute to broader sustainability goals in the Italian and European energy sectors?

The agreement marks a significant step towards Iliad's climate commitments and reinforces Metlen's position as a catalyst for Italy's energy transition. The solar energy will be fed into Italy's national grid, covering a substantial portion of Iliad's energy needs and contributing to its European sustainability goals. The project showcases a successful collaboration between a renewable energy provider and a major telecommunications company.

kathimerini.gr

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May 15, 01:11

Greek Tourism's €30.2 Billion Boost to 2024 Economy

Greece's tourism sector directly contributed €30.2 billion to the economy in 2024, covering 71.5% of the trade deficit; including indirect impacts, its contribution reached 28.0%-33.7% of the GDP, with employment peaking at 451,400 in Q3.

Greek Tourism's €30.2 Billion Boost to 2024 Economy

Greece's tourism sector directly contributed €30.2 billion to the economy in 2024, covering 71.5% of the trade deficit; including indirect impacts, its contribution reached 28.0%-33.7% of the GDP, with employment peaking at 451,400 in Q3.

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What was the direct economic contribution of tourism to Greece's GDP in 2024, and how significantly did it impact the country's trade deficit?

In 2024, Greece's tourism sector directly contributed €30.2 billion to the national economy, exceeding 30% of the GDP when indirect contributions are included. This directly offsets 71.5% of the country's trade deficit (€35.66 billion).

kathimerini.gr

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May 15, 10:12

Greece's RAE to Finalize DEDDIE's WACC, Proposes 7% Average

Greece's Regulatory Authority for Energy (RAE) is expected to finalize the 2025-2028 weighted average cost of capital (WACC) for the electricity distribution network operator (DEDDIE) today, proposing a 7% average compared to DEDDIE's request of 8.2%, and also suggesting a 10% annual reduction in DE...

Greece's RAE to Finalize DEDDIE's WACC, Proposes 7% Average

Greece's Regulatory Authority for Energy (RAE) is expected to finalize the 2025-2028 weighted average cost of capital (WACC) for the electricity distribution network operator (DEDDIE) today, proposing a 7% average compared to DEDDIE's request of 8.2%, and also suggesting a 10% annual reduction in DE...

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What are the long-term consequences of the RAE's decision for the Greek energy sector and its ability to meet climate change targets?

The RAE's decision sets a precedent for future regulatory reviews of energy infrastructure projects, influencing investments in the sector and potentially affecting energy transition goals. The lower WACC may increase pressure on DEDDIE's profitability, potentially leading to changes in pricing strategies or investment decisions. The potential impacts on consumer electricity bills and grid modernization should be closely monitored.

kathimerini.gr

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May 15, 10:12

Greece, Turkey to Discuss Defense Spending, Bilateral Relations Amidst Ongoing Disagreements

Greek Foreign Minister Gerapetritis meets with Turkish counterpart Fidan today in Antalya, discussing increased NATO defense spending (Greece supports 3.5%, US pushes 5%) and preparing for a future meeting between leaders and the Supreme Cooperation Council session in Turkey, despite ongoing disagre...

Greece, Turkey to Discuss Defense Spending, Bilateral Relations Amidst Ongoing Disagreements

Greek Foreign Minister Gerapetritis meets with Turkish counterpart Fidan today in Antalya, discussing increased NATO defense spending (Greece supports 3.5%, US pushes 5%) and preparing for a future meeting between leaders and the Supreme Cooperation Council session in Turkey, despite ongoing disagre...

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Peace, Justice, and Strong Institutions

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How do the internal political priorities of both Greece and Turkey affect the scheduling of the Supreme Cooperation Council (SCC) session?

The meeting between Gerapetritis and Fidan aims to prepare for a future meeting between the two countries' leaders and the Supreme Cooperation Council (SCC) session in Turkey. This follows prior attempts at scheduling the SCC, which were postponed due to internal political priorities. The current international situation favors Turkey's regional agenda, potentially creating friction in Greek-Turkish relations.

kathimerini.gr

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May 15, 10:12

Greek Amendment Bypasses Court Rulings on NOCK Building Permits

Greece's Ministry of Environment submitted a late-night amendment to bypass court decisions invalidating building permits issued under the NOCK incentives, allowing completion upon payment to municipalities for 'green projects', despite concerns about transparency and judicial overreach.

Greek Amendment Bypasses Court Rulings on NOCK Building Permits

Greece's Ministry of Environment submitted a late-night amendment to bypass court decisions invalidating building permits issued under the NOCK incentives, allowing completion upon payment to municipalities for 'green projects', despite concerns about transparency and judicial overreach.

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Sustainable Cities and Communities

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How does this amendment address the Council of State's ruling on NOCK incentives, and what are the potential consequences?

This amendment, submitted to a Ministry of Justice bill four months after the Council of State's decision, establishes 'incentive zones' within urban plans. This circumvents the core issue of proving construction commencement before December 11th, delegating this to a future presidential decree and potentially encouraging further unauthorized building.

kathimerini.gr

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May 15, 19:11

Greece Launches 'Microsoft Civil Servants Academy' for Digital Skills Enhancement

Greece's public sector will train 2,000 employees in cloud and AI technologies by 2025 through the 'Microsoft Civil Servants Academy' initiative, part of the 'National Recovery and Resilience Plan / Greece 2.0,' providing certified trainers and official merit points to participants.

Greece Launches 'Microsoft Civil Servants Academy' for Digital Skills Enhancement

Greece's public sector will train 2,000 employees in cloud and AI technologies by 2025 through the 'Microsoft Civil Servants Academy' initiative, part of the 'National Recovery and Resilience Plan / Greece 2.0,' providing certified trainers and official merit points to participants.

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Quality Education

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What is the immediate impact of the 'Microsoft Civil Servants Academy' on Greece's public sector?

Greece's Ministry of Interior, National Center for Public Administration and Local Government, Ministry of Digital Governance, and Microsoft are collaborating on training programs for 2,000 public servants in cloud and AI technologies by 2025. This initiative, 'Microsoft Civil Servants Academy,' aims to certify participants in 14 fast-track programs focusing on practical application of new technologies.

kathimerini.gr

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May 14, 10:10

Greece Bypasses Court Rulings on Building Permits with Green Fee Amendment

The Greek Ministry of Environment introduced an amendment bypassing court decisions that nullified building permits utilizing New Building Regulations (NOK) bonuses; projects can proceed by paying a fee for green initiatives, prioritizing developers over citizens concerned about increased constructi...

Greece Bypasses Court Rulings on Building Permits with Green Fee Amendment

The Greek Ministry of Environment introduced an amendment bypassing court decisions that nullified building permits utilizing New Building Regulations (NOK) bonuses; projects can proceed by paying a fee for green initiatives, prioritizing developers over citizens concerned about increased constructi...

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Sustainable Cities and Communities

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How does the amendment address the concerns of citizens potentially negatively affected by increased construction density due to the NOK bonuses?

The amendment aims to alleviate uncertainty created by the Council of State's (CoE) decision, which deemed certain NOK bonus provisions unconstitutional. It prioritizes the interests of developers by allowing projects to proceed, even those facing legal challenges, through a 'green' mitigation fee. This prioritization contrasts with the concerns of citizens affected by increased construction density.

Showing 337 to 348 of 1,545 results