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The Greek Current
The Greek Current

Is Greece's economy ready for climate change?

Over the past decades we’ve heard a lot about the potential impacts of climate change, from rising temperatures to wildfires and droughts. Greece is on the frontline of many of these shifts. Today we’re taking a closer look at how climate change will impact Greece’s economy. Nikos Vettas, the General Director of the Foundation for Economic and Industrial Research and a Professor of Economics at the Athens University of Economics and Business, joins Thanos Davelis as we break down the challenges and opportunities for Greece’s economy.

You can read the articles we discuss on our podcast here:

Climate change to cost up to 327,000 jobs

Competitiveness deficit shows no sign of easing

Greek PM opens door to a shift on nuclear power

Armenia's Pashinyan, Turkey's Erdogan to hold 'historic' talks amid Iran-Israel war

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Secretary Rubio visits Greece, the Strategic Dialogue, and the region's Turkey dilemma

Athens was buzzing this week as Secretary of State Marco Rubio visited Greece. His speech with the Acropolis in the background made headlines around the world, and his emphasis on Greece’s role as “a source of stability in an unstable world" and a “model ally” did not go unnoticed. Beyond Rubio’s comments, his visit coincided with the 6th US-Greece Strategic Dialogue, reflecting the excellent...

Greece lures hedge funds and rebuilds market trust while NATO looks to put Greenland saga behind it

At the height of the last decade’s financial crisis, Greece was not only struggling to keep capital in the country, but its borrowing cost was also sky high. Today, Greece is wooing the world’s leading hedge funds with a new tax regime designed to lure investors to establish substantial operations in Athens, and we’ve already seen it persuade billionaire Chris Rokos and the hedge fund...