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2. The US economic presence in Greece – George Tzogopoulos
- Author:
- George Tzogopoulos
- Publication Date:
- 12-2022
- Content Type:
- Policy Brief
- Institution:
- Hellenic Foundation for European and Foreign Policy (ELIAMEP)
- Abstract:
- The excellent status of Greek-American relations is reflected in the economic sphere. The stock of American Foreign Direct Investment (FDI) in Greece has increased in the recent years. The technology sector has captured the attention of American digital giants, which have displayed a tendency to choose to build some of their innovation hubs in Greece. Although this is not a new phenomenon, the last few years have seen several new investments, as well as an increasing number of tech-labs in which Greece’s digital ecosystem flourishes. Over and beyond Greece’s digital transformation, the country’s shift toward green energy has sparked the interest of American companies, keen to explore opportunities. In tandem, the US is a critical supplier of liquefied natural gas (LNG) to Greece, which is, in addition, slowly acquiring the infrastructure capacity to function as an artery through which American LNG can be transported to other markets in the Balkans. Greek ship-owners are playing a significant role in the new energy market. The investment of ONEX in Syros is crucial for Greek-American co-operation in the maritime sector and could possibly be replicated in the Elefsis shipyards. The real estate sector appears attractive for American companies. Focused principally on the acquisition and/or renovation of hotels, this is expected to boost the tendency of American tourists to return to Greece after the two-years hiatus imposed by the COVID-19 pandemic. The positive momentum could also encourage more American students to study in Greece. The volume of Greek-American trade has steadily increased since 2016, with Greece maintaining a diminishing surplus.
- Topic:
- Science and Technology, Bilateral Relations, Economy, Trade, Real Estate, and Digital Transition
- Political Geography:
- Europe, Greece, North America, and United States of America
3. Making Connectivity Work: Transforming the Port of Thessaloniki into a Top Hub for Southeast Europe and Beyond
- Author:
- Panagiotis Paschalidis and Georgia Anastasiou
- Publication Date:
- 05-2021
- Content Type:
- Policy Brief
- Institution:
- Hellenic Foundation for European and Foreign Policy (ELIAMEP)
- Abstract:
- The Thessaloniki Port has all the necessary elements to become a top regional, South-East European and international trade hub. The Thessaloniki Port Authority has adopted extrovert and proactive policies for strengthening cooperation with neighboring countries. The Thessaloniki Port’s impact can become even stronger if it is approached and designed on the basis of the notion of connectivity. Connectivity entails the upgrading of both technical and material aspects such as trade and commercial infrastructure (hard module) as well as the institutional and policy framework of cooperation such as agreements at the bilateral and multilateral level with neighboring countries (soft module). The drastic normalization of relations between Greece and North Macedonia can be viewed as an example of a comprehensive upgrading of connectivity with tangible benefits for the improvement of the Port’s regional and international role.
- Topic:
- International Cooperation, Infrastructure, Trade, and Port
- Political Geography:
- Europe, Greece, and Thessaloniki
4. Emigration and Fiscal Austerity in the Greek Depression
- Author:
- Eugenia Vella
- Publication Date:
- 05-2021
- Content Type:
- Policy Brief
- Institution:
- Hellenic Foundation for European and Foreign Policy (ELIAMEP)
- Abstract:
- What is the role of emigration in a deep recession when the government implements fiscal consolidation? Our macroeconomic model simulations show that fiscal austerity accounts for 1/3 of the output drop in the Greek Depression and more than 10% of migration outflows. In a no-emigration counterfactual scenario, the model predicts a smaller output fall by 20%. We also uncover a novel bi-directional link between emigration and austerity. On the one hand, labour income tax hikes induce prolonged migration outflows, while spending cuts exert a smaller effect. On the other hand, emigration increases the required tax hike and time to meet a given debt target due to endogenous revenue leakage. In terms of unemployment, temporary gains from emigration are reversed over time.
- Topic:
- Austerity, Fiscal Policy, Emigration, and Economic Crisis
- Political Geography:
- Europe and Greece
5. Citizens’ views on fake news and false narratives about the European Union – FACTS project
- Author:
- George Andreou
- Publication Date:
- 10-2021
- Content Type:
- Policy Brief
- Institution:
- Hellenic Foundation for European and Foreign Policy (ELIAMEP)
- Abstract:
- There is more unison than discrepancy in Greek citizens’ perceptions regarding the European Union. National identity continues to shape and frame the way most Greeks perceive the EU, interpret its activities, and evaluate its role. Participants have a positive image of the EU. However, there is a widespread feeling of disappointment towards an EU that “does not function on equal terms for all”. The general public lacks basic knowledge about the EU and what it stands for, about the respective roles of the Union and its member states, as well as about the ways EU and national officials engage in policy-making. Greeks are very vulnerable to disinformation about the EU, as relevant and reliable information is scarce in the domestic media. Many mobilized citizens feel that information from EU sources is not addressed to all, but only to those who have a strong personal and/or professional motivation. Non-mobilized citizens appear quite distant from information regarding the EU. Lack of solidarity between member states breeds apathy and a lack of interest in the EU among EU citizens. The most effective strategy against disinformation is improving communication between the EU and its citizens, and cultivating trust.
- Topic:
- Public Opinion, European Union, Disinformation, Misinformation, and Fake News
- Political Geography:
- Europe and Greece
6. Greece, Russia and the EU: The Way Forward
- Author:
- George Tzogopoulos
- Publication Date:
- 12-2021
- Content Type:
- Policy Brief
- Institution:
- Hellenic Foundation for European and Foreign Policy (ELIAMEP)
- Abstract:
- The visit of PM Mitsotakis to Sochi could open a new chapter in Greek-Russian relations as bilateral deals are in the pipeline. The Greek position is firm and unchanging: a normalization of EU-Russian relations would be in Europe’s best interests. The Greek government might be prepared to help bring about a new EU-Russia dialogue. The strengthening of Greek-American relations will not prevent Greece from employing a multidimensional foreign policy, vis-à-vis Russia, too. Stronger Greek-Russian relations could send a message to Turkey that some of its regional policies are alienating other actors. Greek-Russian relations enjoy greater historical depth than Turkish-Russian relations. While its strategic commitment to NATO and the EU remains steadfast, Greece is a valuable partner for Russia. Greece is in the process of diversifying its sources of natural gas imports, but considers Russia a critical market.
- Topic:
- International Relations, Foreign Policy, European Union, and Imports
- Political Geography:
- Russia, Europe, and Greece
7. It’s Time for a New Deal
- Author:
- Constantine Michalopoulos
- Publication Date:
- 01-2020
- Content Type:
- Policy Brief
- Institution:
- Hellenic Foundation for European and Foreign Policy (ELIAMEP)
- Abstract:
- The prospects of the Greek economy are mostly good with growth continuing for the fourth straight year. But there is a sense of disappointment, as the recovery has not been very strong and pre-crisis income levels will not be regained for another decade. There are two main reasons for the sluggish recovery: The European creditors have imposed on Greece the requirement to run a primary budget surplus of 3.5% of GDP for five years to ensure that they get repaid—a requirement that constricts growth of the Greek private sector—through heavy taxation of consumers and business. And domestic investment is sluggish, although there are plenty of unutilized resources, such as those provided by the European Structural Funds. There is a need for a new deal with the European Institutions: the Europeans should be more relaxed about getting repaid because of Greece’s much improved access to the European capital markets and be willing to accept a Greek government commitment to a significantly lower primary budget surplus for the next several years. In exchange the Greek government should commit to a commensurate increase in domestic investment through reforms of the banking sector as well as greater public sector investment spending.
- Topic:
- Government, Financial Crisis, Economy, Economic Growth, and Public Spending
- Political Geography:
- Europe and Greece
8. Refugees at the gate of Europe
- Author:
- Angeliki Dimitriadi
- Publication Date:
- 04-2020
- Content Type:
- Policy Brief
- Institution:
- Hellenic Foundation for European and Foreign Policy (ELIAMEP)
- Abstract:
- The recent crisis in Evros brought back to the fore the issue of immigration and Turkey’s role in its instrumentalization. The EU-Turkey Statement has not had the expected outcomes. Rather it showed that prevention policies and the outsourcing of migration management strengthens transit countries such as Turkey, without resulting in a a steady reduction in flows. Greece remains a country that bears a disproportionate burden of responsibility due to its geographical location. At the same time, it has delayed in the planning of a holistic immigration policy, which should aim, among other things, to ensure human living conditions, substantial access to asylum and result in the integration of those who will remain in the country. COVID 19 will bring about significant socioeconomic changes globally as well as impact human rights. Practices of the past do not necessarily fit for the new reality and this is the biggest challenge for Greece and the EU; a willingness to move forward by investing on migration within Europe and beyond. It will not be easy, and it will come at a high financial (and likely political) cost. The pandemic makes any long-term commitments seem impossible, however the alternative scenario, of deterrence and outsourcing is already proving insufficient. Balancing the scales is a challenge which the EU cannot afford to lose.
- Topic:
- Human Rights, Migration, European Union, Refugees, and COVID-19
- Political Geography:
- Europe, Turkey, Greece, and Mediterranean
9. Greece and Israeli-Turkish relations
- Author:
- George Tzogopoulos
- Publication Date:
- 05-2020
- Content Type:
- Policy Brief
- Institution:
- Hellenic Foundation for European and Foreign Policy (ELIAMEP)
- Abstract:
- This essay by Dr. George Tzogopoulos, focuses on the multidimensional nature of Greek-Israeli relations. The understanding of the depth of these relations can explain why the two countries – along with Cyprus – are interested in coming closer. On the other hand, the effort of Israel and Turkey to normalize bilateral ties – already under way since 2016 – is a logical development that deserves attention. However, it is not related to the future evolution of Greek-Israeli collaboration. The evolution of Greek-Israeli relations in the last decade and trilateral Greece-Israel-Cyprus summits outline the common interest of the three countries to enrich their cooperation. Israel and Turkey have started since 2016 to normalize their relations. This is an ongoing process that has evolved in a period during which Greece, Israel and Cyprus charted a joint course in the Eastern Mediterranean. Israel and Turkey are expected to find a modus vivendi by agreeing on some issues and disagreeing on others. A potential Turkish-Israeli collaboration against Iran in Syria might pave the way for new synergies between Israel and Turkey. This is a highly controversial and complicated matter that entails risks for Ankara.
- Topic:
- Foreign Policy, Diplomacy, International Cooperation, and Bilateral Relations
- Political Geography:
- Europe, Iran, Turkey, Middle East, Israel, Greece, and Syria
10. Looking for a bridge over troubled waters: the forthcoming New Pact on Migration and Asylum
- Author:
- Angeliki Dimitriadi
- Publication Date:
- 06-2020
- Content Type:
- Policy Brief
- Institution:
- Hellenic Foundation for European and Foreign Policy (ELIAMEP)
- Abstract:
- On the occasion of the World Refugee Day, 20th of June, ELIAMEP publishes a Policy Brief on the forthcoming New Pact on Migration and Asylum, by Dr. Angeliki Dimitriadi, Senior Research Fellow and Head of ELIAMEP’s Migration Programme. COVID-19 has affected access to asylum. Border closures have prevented in many cases asylum seekers from reaching safety, or made them face prolonged delays in their asylum application. The New Pact on Migration and Asylum is expected to be announced by the end of June. It is one of the biggest challenges facing the current European Commission, which is called upon to submit proposals that will be accepted by the Member States with different perspectives but also asylum and immigration needs. The biggest challenge, however, is to ensure that the right and access to asylum is fully preserved and will be a priority for the Union for years to come. In the midst of ongoing conflicts, extreme poverty and increasingly restrictive practices at the external border, it is perhaps the last chance to ground a common migration and asylum policy on the the principles of humanity and solidarity, between Member States and towards asylum seekers. The New Pact for Asylum and Migration will seek to bridge the differences between Member States on the solidarity, burden-sharing and common asylum processes. Southern member states have tabled a detailed proposal on the way forward grounded on mandatory solidarity. Forced movement will continue and likely be exacerbated due to the impact of COVID-19 in critical regions like Africa and Southeast Asia.
- Topic:
- Migration, Treaties and Agreements, European Union, Refugees, Borders, Asylum, and COVID-19
- Political Geography:
- Europe and Greece
11. Bulgaria sets tough conditions on North Macedonia’s EU accession path
- Author:
- Yorgos Christidis
- Publication Date:
- 11-2019
- Content Type:
- Policy Brief
- Institution:
- Hellenic Foundation for European and Foreign Policy (ELIAMEP)
- Abstract:
- The hardening of Sofia’s position vis-à-vis North Macedonia and the attempt to condition Skopje’s accession process upon the previous satisfaction of a number of key Bulgarian preconditions undoubtedly constitutes a critical moment in bilateral, Bulgarian-North Macedonian relations. No Bulgarian government in the future may easily ignore or abandon these strict conditions. Sofia has “bound itself” into a tough diplomatic position, reminiscent of Greek policy vis-à-vis North Macedonia, where dominant perceptions of history-identity and a feeling of diplomatic superiority dictated a strict diplomatic position that no Greek government dared to openly question, let alone abandon. Some of the key Bulgarian demands on history, however, touch upon fundamental aspects of the North Macedonian national narrative and nation-building and it will be hard for any government in Skopje to accept. It will certainly take a lot of good will and creative thinking by both sides in order to move forward.
- Topic:
- Foreign Policy, Diplomacy, and European Union
- Political Geography:
- Europe, Greece, Bulgaria, and North Macedonia
12. Asylum-seekers’ integration: The time has come
- Author:
- Haris Malamidis
- Publication Date:
- 12-2019
- Content Type:
- Policy Brief
- Institution:
- Hellenic Foundation for European and Foreign Policy (ELIAMEP)
- Abstract:
- Although four years have passed since the 2015 refugee “crisis”, Greece’s reception system is still inadequate in serving the needs of the arriving populations. Since current debates focus on the weaknesses of the reception system, the issue of asylum-seekers and refugees’ integration has been indirectly outweighed. Without underestimating the issue of reception, this policy brief argues that the current political, social and environmental developments highlight the need to move towards decentralized and locally-oriented integration policies. After discussing the past context and the current developments of migration in Greece, we highlight the political, utilitarian and moral reasons that render integration policies both necessary and beneficiary for the domestic and migrant populations. Finally, we conclude with some recommendations regarding the way forward.
- Topic:
- Migration, European Union, Refugees, Asylum, and Integration
- Political Geography:
- Europe and Greece