With global tech majors looking to grow in Greece, the government is preparing for the long game, explains Christos Dimas, Deputy Minister of Development and Investment, Research, Innovation and Technology, having embarked on a multi-faceted strategy to reshape the country into a leading research and innovation hub. From landmark tax cuts and the creation of a start-up registry across to the development of an innovation district in Athens, and a technological park in Thessaloniki, the goal, adds Dimas, is to make Greece much more attractive with respect to the past and its main competitors in the region.
With the energy transition at the top of its agenda, the Greek government has committed to making landmark policy changes to lure “serious investors to engage through a transparent system,” says Alexandra Sdoukou, Secretary General of the Ministry of Energy and Environment, underlining that a reform package targeting energy storage, offshore wind, and the slashing of licensing procedure times will be completed by the first semester of 2021.
With €2.5 billion worth of PV projects earmarked for development by 2030 and investments yields that are, comparatively, close to 30% higher than its Northern EU counterparts, Greece’s solar energy market presents a “higher-risk”, high-reward scenario, says Sotiris Kapellos, President of the Hellenic Association of Photovoltaic Companies, while stressing that the key to reaching Greece's solar energy capacity targets is the simplification of its long-winded licensing procedure.
Spain’s Ambassador to Greece, Enrique Viguera, says Greece’s pro-business environment, coupled with regulatory and strategic similarities between both countries, create significant potential for investments at a bilateral level, underlining food processing and the naval defence Industry as key areas where Spanish companies could widen their footprint.
While a minimum of €3.5 billion worth of investments are required to meet Greece’s ambitious 2030 wind energy target, “they are realistic and can be achieved,” says Panagiotis Papastamatiou CEO of the Hellenic Wind Energy Association, yet harnessing the sector’s true potential, he adds, including the development of offshore wind power will require decisive actions on behalf of the government and definitive decisions.
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Athens has lots of options for retail shoppers 🛍️, and it could soon get one more: international retail chain Primark is reportedly interested in developing a 10,000 sqm space at the Hellinikon development site. No agreements can be finalised until the concession of Hellinikon...
Greece’s start-up ecosystem will gain a big boost ⬆️ starting today, as @SEV_Fed and @EndeavorGr launch their Innovative Greeks initiative through a two-day digital conference (also called Innovative Greeks). The conference features big names in tech and innovation...
British tourists are clearly ready for some summer sun ☀️. UK 🇬🇧 Prime Minister Boris Johnson made an announcement that summer travel could open up as soon as May 17, resulting in a 500% surge in bookings compared to just a week ago, reports TUI...
Greece has big plans for the 2021 tourism season: Prime Minister Kyriakos Mitsotakis has indicated that the country is aiming for the sector to reach ⬆️ 50% of the levels it had reached in 2019.
“It may seem paradoxical to think of #Greece as an emerging wine producer, considering the ancient lineage of its grape vines and wine production.
But in the global marketplace of fine wines, that’s exactly how Greece should be seen.”
So Ancient, Yet So New: Gorgeous Red Wines From Greece
While the country is better known for its white wines, it also produces distinctive, superb reds from a number of little-known grapes.
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