The good progress of agricultural exports, as well as the dynamics of the primary sector, was mentioned at the opening of the Detrop and Oenos exhibitions held in Thessaloniki by the Minister of Agricultural Development and Food, Mr. Giorgos Georgantas.
Mr. Georgantas, referring to the export sector, noted that in a year of energy crisis, we had a measurable increase in exports of agricultural products by 17% and emphasized that in relation to processed products, they support a large share in the country’s growth.
Regarding the support of the primary sector, the Minister of Rural Development and Food emphasized that it is the responsibility of the central administration to create the infrastructure and incentives so that a new population of farmers and breeders have the means and tools to feel that they are operating and are part of of business activity.
The programs
The Minister noted that the current government has in progress the largest program of irrigation networks in the country in the last 60 years.
Mr. Georgantas spoke about the need for energy autonomy of livestock and agricultural holdings, the modernization of facilities and the modernization of manufacturing through several programs saying characteristically: “Just from the Recovery and Resilience Fund 550 million have been given through the Ministry of Rural Development to these actions to strengthen manufacturing and the primary sector as a whole.”
The minister also referred to the largest program for young farmers in the country amounting to 525 million euros, but also the program for organic farming and livestock breeding, the largest ever, amounting to 705 million euros.
“Hellenization”
The Minister emphasized that the great danger for our products is illegal “hellenization” and called on the agricultural world to seek training in the issues of new technologies related to production.
He also invited Greek farmers to participate in large cooperative schemes so that they can become competitive and promote their products more easily.
Finally, he said he was optimistic about the future as he said “Greek products are quality products and Greek exports are doing well and can do even better and the state is present with the financial tools it will offer farmers”.
Latest News
BoG Figures Confirm Banner Year for Greek Tourism in 2023
20.6 billion euros in related revenues topped the previous year’s figure by 16.5%
Piraeus Bank to Propose First Dividend in 16 Years
Piraeus Bank has forecast profits of roughly 900 million euros this year, rising to one billion euros next year
Eurostat: Inflation in Greece Eases to 3.2% in April; 2.4% in Eurozone
The rate of increase for food prices was up by 4.9% in April 2024, compared to 4.8% in the previous month
ELSTAT Feb. Retail Turnover Drops by 3.8%, Sales Volume Plummets by 9.8%
Additionally, the seasonally adjusted General Volume Index for Feb. 2024 experienced a 3.8% decrease compared to the previous month of the same year
Greek Buyers Lead Return to Vacation Home Market
In the last six months, Greeks have made a surge into the vacation home market, notably without relying on loans
NBG Receives BBB Investment Grade by DBRS
This makes NBG the first Greek bank to regain Investment grade status, nearly 15 years after the onset of the Greek financial crisis
Greek Gov. Budget: Primary Surplus 3bln in Q1 2024
Value Added Tax (VAT) revenues reached 5.876 billion euros, down by 16 million euros compared to the target
Athens’ Public Transport System Gets Green “Facelift”
The future of urban transport in Greece's capital city includes electrification, hydrogen, kinetic energy and even heighted security and monitoring through the use of drones
Athens Int’l Airport: 16.2% EBITDA Increase and 16.5% Passenger Growth in Q1 2024
Following the strong performance in the first quarter, the company revised its annual passenger traffic forecast for 2024 to 29.9 million passengers, a 6.3% increase (or roughly 1.8 million passengers) from 2023 levels.
Oxford Economics Report: Greek Economy is Just Below Risk Zone
However, the report points to a persistent challenge in the form of commercial credit risk, which remains high at 8 out of 10, ranking Greece 104th internationally