Kathimerini English

Economy is `improving despite successive crises'

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Alternate Finance Minister Thodoros Skylakakis referred to the bright prospects of the Greek economy at an event for the National Recovery and Resilience Plan, Greece 2.0, held in Kozani: “In the coming years, Greece – and Western Macedonia – is sure to experience an economic and investment boom, as long as the current policy of reforms and fiscal stability continues,” he pointed out. He underlined that despite the successive crises (pandemic, energy and Turkish threat), Greece has a lower public debt as a percentage of GDP than it had in 2019. In addition, it has a higher growth rate than the European average, recording an improvemen­t in all the efficiency indicators of the economy and has access to a huge amount of capital, which has started to flow into the economy, from the Recovery and Resilience Facility. Regarding the National Recovery and Resilience Plan, Greece 2.0, he said that of the 60 billion euros that is expected to be leveraged, approximat­ely €45 billion will concern private investment­s.

Mytilineos deal. Mytilineos Energy & Metals and Compagnie de Saint-Gobain on Thursday announced the signing of a private wire power purchase agreement (PPA) relating to the energy generated from a 4.9-megawatt solar farm in Italy. The solar power plant will reach commercial operation in mid-2023 and it will be built on the premises of Saint-Gobain’s historical factory in Vidalengo, Bergamo. With this solar asset, more than 7.5 gigawatt-hours of renewable electricit­y per year will be produced, displacing more than 3,900 tons of CO2 emissions annually – the equivalent of the yearly carbon footprint of around 700 people living in Italy.

Skilled staff. The Federation of Hellenic Enterprise­s (SEV) on Thursday unveiled a new digital platform connecting highly skilled specialist­s with industry and technology companies in an effort to attract talent from Greece and abroad and to support Greek enterprise­s and startups in finding specialize­d staff. IG@work is a user-friendly platform which compiles quality job openings available in industry and tech startups, and connects them with people searching for their next profession­al steps in Greece.

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