![Productivity Reviews: Proposals for increasing the productivity and competitiveness of the Greek economy](https://www.ot.gr/wp-content/uploads/2023/10/ergasi-1-768x433-1.jpg)
Institutional reforms in the public sector and markets, incentives to encourage private investment in high-tech and export-oriented sectors, public investment in high-value-added sectors, improving business financing, education and skills development policies, and promoting mergers and partnerships , are some of the policies to enhance the productivity and competitiveness of the economy, which were proposed by the social partners and stakeholders, include, in the context of the first public consultation process conducted by the National Productivity Council of Greece and the publication of the first issues of Productivity Reviews.
This process is mainly aimed at collecting the opinions of social partners and stakeholders through questionnaires, analyzing them and disseminating them on issues concerning the productivity and competitiveness of the Greek economy. In doing so, it seeks to raise public awareness of these issues in order to achieve sufficient social consensus for appropriate policy initiatives. At the same time, a better coordination of policies is sought, taking into account the main economic and social challenges, such as the climate crisis, technological progress and the aging of the population.
The areas of consultation
The consultation covers key areas of economic activity to promote sustainable development, the twin (digital and green) transition of the Greek economy, and the role of education and skills. The findings demonstrate the significant diversity of perceptions and the complexity of policy options that could be considered appropriate to address important problems concerning the productivity and competitiveness of our country.
Regarding the views on the main sectors of the Greek economy, the findings show that a combination of short-term and long-term policies, such as increasing public spending, and boosting productivity in the secondary sector and promoting exports, could help boost of the Greek economy. In addition to supporting important key sectors such as various manufacturing industrial activities and warehousing and transport services, reducing dependence on imports could promote more sustainable and resilient growth and reduce unemployment. However, it is worth noting that the social partners and other stakeholders use different criteria for the selection of key sectors and do not sufficiently take into account the high import dependence of most sectors belonging to the secondary and primary sectors.
Green transition
Regarding the topic of the green transition, among others, the stakeholders raised the question of a just transition, while the most important proposed policies concern renewable energy sources and the circular economy, as well as recycling.
Regarding education, skills and labor market issues, more than half of stakeholder responses focused on how educational outcomes and labor market performance can be improved through
i) lifelong learning,
ii) reforms in higher education,
iii) the development of digital skills,
iv) the interface between education and training and the needs of the labor market and
v) reforms in secondary education.
![ot.gr](/wp-content/themes/whsk_otgr/common/imgs/fav.ico/favicon-32x32.png)
![ot.gr](/wp-content/themes/whsk_otgr/common/imgs/fav.ico/favicon-32x32.png)
Latest News
![Gov’t Eyes Return of Power Subsidies Amid Spike in Rates](https://www.ot.gr/wp-content/uploads/2024/07/power-lines-2048x1365-1-600x400.jpg)
Gov’t Eyes Return of Power Subsidies Amid Spike in Rates
According to reports, the government will resume an electricity subsidization program, given that forecasts cite disruptions – i.e. higher rates
![ELSTAT: 6.3% Increase in Output Price Index for Agriculture and Livestock](https://www.ot.gr/wp-content/uploads/2024/07/ot_georg_PROIONTA_money-1-600x352.png)
ELSTAT: 6.3% Increase in Output Price Index for Agriculture and Livestock
The 6.3% rise in May 2024 is largely driven by an 8.8% increase in the crop output group, particularly due to changes in olive oil prices, and a 0.5% increase in the animal output group.
![Balkans Blackout Highlights Climate Threats to Power Grids](https://www.ot.gr/wp-content/uploads/2024/07/blackout-1-600x457.png)
Balkans Blackout Highlights Climate Threats to Power Grids
The surge in electricity demand during the heat wave and the power deficit in Balkan markets have driven up prices in the Greek wholesale electricity market.
![Greece in Top 4 Destinations Favored by European Tourists](https://www.ot.gr/wp-content/uploads/2021/06/ploio-600x400.jpg)
Greece in Top 4 Destinations Favored by European Tourists
Greece was selected by 5.9% of respondents who were asked where they would vacation this year, up from 5.4% in the same survey last year
![Scope Affirms Greece’s BBB- Ratings; Revises Outlook to Positive](https://www.ot.gr/wp-content/uploads/2024/06/euros-2048x1365-1-600x400.jpg)
Scope Affirms Greece’s BBB- Ratings; Revises Outlook to Positive
The international ratings firm raised Greece to investment grade in early August 2023
![First Seaplane Test Flights to Skopelos, Alonissos, Skyros](https://www.ot.gr/wp-content/uploads/2024/06/hellenic-seaplanes-pilotikes-ptiseis-ydatino-pedio-lavriou-600x450.jpeg)
First Seaplane Test Flights to Skopelos, Alonissos, Skyros
After decades of on-again, off-again efforts to schedule regular seaplane routes to Greece's numerous island and coastal destinations the prospect now appears within sight
![ELSTAT- Overall Import Price Index for May 2024 up 2.8% y-o-y](https://www.ot.gr/wp-content/uploads/2023/08/unnamed-41.jpg)
ELSTAT- Overall Import Price Index for May 2024 up 2.8% y-o-y
The same price index had decreased 20.8% from May 2022 to May 2023
![Over 7 in 10 Employees Feel Their Contributions Are Not Appreciated](https://www.ot.gr/wp-content/uploads/2024/06/ergasia-ergazomenos-600x300.jpg)
Over 7 in 10 Employees Feel Their Contributions Are Not Appreciated
Specifically, the option "Subjective opinions are prioritized over objective data" ranked highest in importance for young employees, with a score of 3.89 out of 4
![OECD: Job Vacancies on the Rise in Greece](https://www.ot.gr/wp-content/uploads/2024/07/ergasiabusinness-768x556-1-1-600x434.jpeg)
OECD: Job Vacancies on the Rise in Greece
By the fourth quarter of 2023, job vacancies per unemployed person had risen by more than 4, with the index reaching 446 units compared to 100 units in late 2019
![OTE Group: FTTH Program Advancing in Semi-Urban and Rural Areas of Greece](https://www.ot.gr/wp-content/uploads/2024/05/ΟΤΕ-Group_1-600x450.jpg)
OTE Group: FTTH Program Advancing in Semi-Urban and Rural Areas of Greece
This initiative will provide ultra-fast internet speeds of up to 1Gbps to over 350,000 households and businesses in semi-urban and rural areas across the country