“Three and a half years later, the numbers speak for themselves. More than 220 major projects have been auctioned for a total amount of 2.3 billion euros, more than 400 million in aid, more than 700 million in PPP and within the next six months we will have another 600 million in tenders”. This was stated by the Minister of State and Digital Governance, Kyriakos Pierrakakis, among others, in his speech at the Association of Informatics & Communications Companies of Greece – SEPE’s Digital Economy Forum, underlining the importance of the Recovery Fund.
The Recovery Fund
Mr. Pierrakakis emphasized: “We started doing what is described as a gap analysis, that is, what is the gap per Ministry, per service. How many fundamental systems are missing and how much money do we have to cover this investment? You realize that before the Recovery Fund the needs were many times the possibilities and therefore extremely violent choices should have been made between the versions of the necessary. Then came the Recovery Fund, the corona virus and it allowed us to finance all of ehat was necessary and to enter the realm of what was desired.”
The challenges
Referring to the challenges for the future he emphasized that these are many: the first challenge is to complete the Recovery Fund, which is a “Marshall Plan” for the country. To auction all the projects within set schedules and this will be done in the coming months.
“But I would say more broadly this Fund, this project reminds of what happened in the country after the Second World War and the Civil War at a time when there were no roads, roads were built and where there were no ports, ports were built. Digital infrastructures are now being built everywhere where digital infrastructures did not exist or are being renewed or expanded. So this must be done and it will be done. And from there on we must not miss any trains. “The secret clamor of approaching events” says the poet. We must not fear the clamor of events to come. You either plan the future or live with it,” he emphasized.
The great battle of the coming years will be to do all this plus one more thing which is absolutely strategic: skills. Education systems everywhere need to be redesigned. They were set up in terms of a life expectancy of 60 years and a three-phase life: education, work, retirement and a career. In the previous generation for a bachelor’s degree, in my generation for a master’s degree, in my children’s generation it will be skills. Life expectancy will reach one hundred years, as it increases by one year every four years, with the exception of the small bracket of Covid-19.
Latest News
Capital Link Forum Highlights Greece’s Economic Resurgence; Honors BoG Gov Stournaras
Capital Link Hellenic Leadership Award recipient, Bank of Greece Gov. Yannis Stournaras, an ex-FinMin, was lauded for his pivotal role during Greece’s economic recovery
Tourist Spending in Greece Up by 14%, Visa Card Analysis Shows
Greece’s capital Athens emerged as the most popular destination, recording a 17% increase in transactions with Visa cards, surpassing even the cosmopolitan island of Mykonos.
Inflation in Greece Unchanged at 2.4% in Nov. 2024
The general consumer price index (CPI) posted a 0.4% decrease in November compared to the previous month
2024 Christmas Holidays: Extended Shop Hours Schedule
The 2024 Christmas Holidays extended shop hours schedule commences on Thursday, December 12 and runs until the end of the year.
ELSTAT: Seasonally Adjusted Unemployment Down in October
The number of employed individuals reached 4,284,694, an increase of 67,723 compared to October 2023 (+1.6%) and 22,002 compared to September 2024 (+0.5%).
Greek PM’s Chief Economic Adviser Resigns
In the post on his Facebook page, Patelis did not disclose the reasons that led him to step down.
“Masdar Invests in the people of Greece and in the vision of TERNA ENERGY”
Four messages from the CEO of Masdar, the Arab renewable energy giant, after its acquisition of 70% of TERNA ENERGY
Lloyd’s List Greek Shipping Awards 2024: Honors for leading companies and personalities in the Greek shipping sector
20 awards presented at the 21st annual Lloyd's List Greek Shipping Awards
Syria’s Bashar al-Assad, His family Granted Asylum by Russia
Reuters also reported that a deal has been struck to ensure the safety of Russian military bases in the war-ravaged country
Greece to Introduce Artificial Intelligence into Its Education System
Currently, Greece is taking its first steps to bring AI into classrooms through the AI4edu program, which is being co-funded by the European Union