Competition

One of the biggest problems Greek industry faces is that of competitiveness, which is partly undermined by the high power rates paid by local industrial groups.

One month after the start of negotiations between Greece's main supplier Public Power Corporation (PPC) and energy-intensive companies on industrial rates, the distance between them remains huge.

Given the frustrating, costly and time-consuming process involved in the simple transaction of buying and selling property, Greece continues to languish at the lower end of the pile in world rankings regarding the ease of doing business, alongside Third World countries, with some even climbing above it since last year.

The debate over the economy, recovery, and growth in the post-pandemic era is raging ahead of critical EU decisions on the amazing resources that are being mobilised for Europe to emerge stronger from the pandemic.

There is much talk about the need to change the country's productive model.

Consumers do not trust alternative electricity providers as they see a lack of transparency in contractual terms, advertising and bills, especially as far as offers and their general presentation are concerned, according to the Quality of Life Consumers Association (EKPIZO).

About 3 BGN is the difference in the price of pork compared to last year. The main reason for this is the swine fever. This was stated by the Chairman of the State Agency of Goods Exchange and Market-Places Vladimir Ivanov for BNT.

He explained that the appreciation started on August 5. In his words, previously, the levels were from BGN 9, now the cost of a boneless neck is BGN 12.

Romania's economy has grown the fastest after 2000, but we have a tendency to press hard on the accelerator, not to be cautious and there is a slippage that means divergence, Mugur Isarescu, the governor of the National Bank of Romania (BNR) told a Monday's specialist conference. "We are now, at the end of the year, in the ninth year of economic growth.

The positive signals from financial markets after New Democracy's major victory in the 26 May European Parliament election presage the stance of investors toward the Greek economy after the upcoming general election.

The SYRIZA government clearly did not have the will, knowledge, and experience to manage the great challenges with which it was confronted.

Turkey should work harder to attract foreign investment and remain competitive in an era of escalating global competition, the nation's vice president said on April 25.

Let's take an example from the very competitive IT industry, where only a handful of companies stand out. One of them, Centiro, is repeatedly recognized as a Great Place to Work in Sweden in specific and Europe in general. Centiro is a logistic software firm from Borås who are transforming the world of technology.

Romania is confronted with increased risks in the form of the current account deficit deteriorating and the increase of unit labor costs, and the recent government decisions have increased the risks in the financial sector and they could negatively affect private investment, the European Commission shows in the Country Report Romania published on Wednesday.