Avgenakis inaugurates 3rd Cretan Products Forum
Avgenakis also added that Greece, even though a small country, is one of the top five countries worldwide as regards the number of PDO and PGI products, while Crete has a strong footprint.
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GREEK EXPORT FORUM & AWARDS 2020
Ειδήσεις, video, ειδησεις τωρα και νέα για GREEK EXPORT FORUM & AWARDS 2020 από το pagenews.gr
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Avgenakis inaugurates 3rd Cretan Products Forum -
Reuters: Greek Economy Surges After Decade of Pain
Reuters: Greek Economy Surges After Decade of Pain
Reuters reports that the Greek economy is forecast to expand by up to 3% in 2024, approaching its pre-crisis level of 2009 and far outpacing the eurozone average of 0.8%. This underscores that officials and investors predict 2024 could be the year that a rebound is finally complete.
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DEF IX – Georgiadis: Greece a potential investment destination for pharmaceutical industry
DEF IX - Georgiadis: Greece a potential investment destination for pharmaceutical industry
Addressing the Delphi Economic Forum IX, Georgiadis emphasised that "the aim of the ministry is to encourage the holding of clinical trials," adding that there has been an improvement in this direction.
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DEF IX – Ambassador Tsunis: US committed to upgrade of Greek military, as its supports NATO’s SE flank
DEF IX - Ambassador Tsunis: US committed to upgrade of Greek military, as its supports NATO's SE flank
The United States' commitment to the upgrade of the Greek military is demonstrated by the US-Greece collaboration in the field of defense, American Ambassador to Greece George Tsunis underlined at the 9th Delphi Economic Forum on Thursday. In a chat with journalist Katerina Tsamouri, Tsunis referred to the Letter of Offer and Acceptance to the Greek defense ministry on Wednesday about the procurement of F-35s by Greece, noting that Greece is a very important partner of the US, as Greece supports NATO's southeastern flank. Asked to comment if Greeks should worry that Turkiye is purchasing F-16s from the US, Tsunis said the neighboring country has had F-16s for decades, just like Greece, and what the focus should be on instead is the significant improvement in Greek-Turkish relations, as both countries are NATO partners. As to talks about Greece contributing to the production of US Constellation-class multi-mission guided-missile frigates, Tsunis said it was a great issue and talks were sincere and serious, but there was no date as to when such a collaboration could begin. In terms of American investments in Greece, the ambassador said that leading companies in his country had discovered Greece, while the country offered what US companies looked for, which was intellectual capital. Speaking of the energy projects that are either ongoing or nearing completion in Greece, Tsunis said the United States saw the Vertical Corridor as key, and said it was necessary to stop being dependent on Russian natural gas and to restrict that country's ability to weaponize energy. Russia's energy exports allow it to invade sovereign states, he noted. With projects like the Floating Storage Regasification Unit (FSRU) in Alexandroupolis, the Trans Adriatic (TAP) natural gas pipeline, and the IGB natural gas pipeline with Bulgaria, Greece holds a key position in the efforts for energy transition and ending dependence on coal (lignite). Among other issues, Ambassador Tsunis said there is no rift between the US and Israel over Gaza, and he called for united support to Ukraine in order for its citizens to reclaim their country. He also referred to the "Our Ocean Conference" taking place in Athens on April 16-17, which will bring to Greece leaders and representatives of over 120 states, and said the US embassy would attend the upcoming Europride event in Thessaloniki in June.
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Fitch Revises Greek GDP Forecast to 2.4% in 2024 from 1.6%
Fitch Revises Greek GDP Forecast to 2.4% in 2024 from 1.6%
The increase in private consumption accelerated faster than anticipated, rising by 1.4% quarterly in the last quarter of 2023, while exports also provided an upward surprise, recording a 0.4% increase
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Moody’s maintains Ba1 rating for Greece, one step below investment grade
Moody's maintains Ba1 rating for Greece, one step below investment grade
According to the rating agency, the challenges for the Greek economy include a big current accounts deficit, while the size of the tourism and shipping sectors make the economy vulnerable to external shocks and any improvements to economic resilience by expanding the export base will take time.
