“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
Tender for Repairs on Athens Olympic Stadium’s (OAKA) Iconic Roof
Tender for OAKA project, which is expected to exceed 78 million euros, stipulates that repairs, maintenance must be conducted while venue remains open for events
Louis-Dreyfus Family Eyes 21% Stake in Thessaloniki Port
The newly created Amsterdam-based LeonidsPort company has submitted a voluntary public offer for 21%
EUIPO Throws Out Turkaegean Trademark
The trademark had been filed by the Türkiye Tourism Promotion and Development Agency (TGA) in 2021 and immediately generated heated opposition by Athens
Economic Sentiment Indicator in Greece Drops Slightly in Dec.
The data revealed that the primary drivers of the slight drop were the industrial and retail trade sectors. Conversely, construction and consumer confidence improved.
Greece’s Trade Deficit Surges by 18.7% in Nov. 2024
For the first 11 months of 2024, the total value of imports reached 77.3793 billion euros, a 1.9% rise compared to 75.9482 billion euros in the same period of 2023.
Installing EV Chargers in Your Building is Harder than You Think
So, you just bought an EV in Greece and can’t wait to set up a charger in your apartment building’s parking space? Not so fast—there are a few hurdles you’ll need to clear first.
Greece Announces Grants to Unemployed for New SMEs
Unemployed individuals seeking 12-month grants to fund the creation of new SMEs can apply online until January 21.
Port of Piraeus Reports Record-breaking Year for Cruise Sector
First cruise ship of the season, Viking Saturn, greeted at Greece's largest, busiest port
Greek Energy Minister Skylakakis Announces Subsidies to Mitigate Electricity Prices
“When prices exceed a certain threshold, we intervene,” said Skylakakis
Mitsotakis: Greece is a Beacon of Stability in an Unstable World
Greek Prime Minister Kyriakos Mitsotakis described Greece as a "beacon of stability in an unstable world" following the Epiphany water blessing ceremony at Dexameni Square in Athens.