Governance

Except for radical changes in the public sector, Greece also needs serious reforms in the private one. It is crucial that strict rules of corporate governance are introduced, and effectively monitored by responsible authorities.

The government and Public Power Corporation (PPC) are in the next few days set to return to the drawing board as regards the sale of lignite plants, in cooperation with the European Commission, following the completion of the market test on December 22.

What would you highlight about the corporate governance system that directs the company?

Greece may still not have a proper land register, but it is about to obtain a new and oversized public corporation to fulfill that role: the Hellenic Cadaster (OEKT), a body designed to replace the existing National Cadaster and Mapping Agency SA (EKXA, or simply Ktimatologio).

MARRAKESH - Despite the political, economic and social challenges it is facing, the Western Balkan region must commit to building good relations, stability and progress, Serbian and Albanian PMs Ana Brnabic and Edi Rama concluded at a conference in Morocco.

Prime Minister Ana Brnabic participated on Friday at the first plenary session of the World Policy Conference (WPC) in Marrakesh, Morocco.

Balkan states bump along the bottom of the table in a new Sustainable Governance Index published by Germany's Bertelsmann Stiftung, which takes a close look at how 41 OECD and EU member states are governed.

The concept of multidimensional governance does not just concern foreign policy, but all-important international investments, which are an economy's lifeline.

Greece needs to be flexible enough to attract investments from everywhere and of course it cannot make itself dependent on just one great power.

Athens-listed Mytilineos Group topped the chart of Greek companies for the fifth year in a row and was second among European firms in the Environment, Social and Governance (ESG) Bloomberg Survey, with a score of 78.1 percent.

As often it is said "size does not matter;" indeed the name of the governance system does not matter either. What matters is the name of the governance system of a country or functionality, accountability, effectiveness of governance in that country.