Saturday November 29, 2014 Search
Weather | Athens
16o C
10o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
Imbalance in competitiveness

 WEF report highlights barriers to improving business environment, notes high numbers of scientists, students

By Dimitra Manifava

Greece has a surplus of scientists and students but a deficit in conditions that would facilitate entrepreneurship, such as healthy competition and access to funding, according to the latest report by the World Economic Forum on competitiveness in the European Union.

The WEF’s “Europe 2020 Competitiveness Report: Building a More Competitive Europe – 2014 Edition” ranks Greece 26th among 28 EU member states, only above Bulgaria and Romania in its biennial chart. The report examines the countries’ performance in seven domains.

Greece is last in terms of business environment, mostly due to the difficulty in accessing funding and the absence of competition. On the digital agenda it is 26th owing to low growth and the absence of a government strategy on information technology and communications. It ranks 25th for social inclusion due to the state’s inability to combat poverty, and 26th in the labor and employment market, explained by the high jobless rate among the young and women.

In terms of innovation Greece ranks 23rd, investing just 0.6 percent of its gross domestic product in research and development, while chart leaders Sweden and Finland invest 4 percent. Greece is 23rd also in education and training due to the low quality of its education system. Still, the country ranks second in the number of scientists and engineers and fifth in the number of people receiving a university education. It also finds itself in 21st position for environmental sustainability.

The report reveals a number of contradictory features in the progress of Greece’s implementation of the Europe 2020 agenda, which the WEF report monitors. Greece is above the EU average in the number of cell phone subscribers and the use of mobile Internet, but ranks second to last in terms of online transactions among corporations.

The WEF report highlights the two-speed Europe in that the Northern countries show a high level of competitiveness, unlike their Southern and Eastern European counterparts.

ekathimerini.com , Wednesday June 11, 2014 (23:22)  
Q3 growth was bigger than thought
Who will pay for the state’s ADMIE stake?
Christmas budgets slashed due to higher taxes, healthcare costs
Finance Ministry inundated with applications for debt settlement
Venizelos extends invite to Turkey at start of visit
Foreign Minister Evangelos Venizelos arrived in Ankara Friday night for two days of talks. Ahead of his visit he sought to make it clear that Greece is prepared to discuss maritime issues wi...
Vatopedi trial for 14 suspects
The Supreme Court decided Friday that 14 people should stand trial for the notorious property swap between the Vatopedi Monastery and the state six years ago. Those who will face charges of ...
Inside News
BASKETBALL
One more emphatic win sees Panathinaikos make top 16
Panathinaikos has mathematically qualified to the top 16 of the Euroleague after another emphatic home win, this time against Bayern Munich, with an 87-72 score on Friday. Given the changes ...
SOCCER
PAOK is one win from Europa League´s last 32
A late brace by Stefanos Athanasiadis gifted PAOK a precious win at Dynamo Minsk on Thursday, meaning that the Thessaloniki team is one win away from graduating from the group stage of the E...
Inside Sports
COMMENTARY
Change of US president won´t mean change of foreign policy
Americans have again voted for change in Washington as opposition Republicans take control of both houses of the US Congress. As attention now turns to the 2016 presidential race, it's time ...
COMMENTARY
The presidential election paradox
A few days ago, speaking with a visiting colleague who neither works in Europe nor covers events here, I suddenly felt how much we Greeks take for granted some things that should have worrie...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
 RECENT NEWS
1. One more emphatic win sees Panathinaikos make top 16
2. Venizelos extends invite to Turkey at start of visit
3. Vatopedi trial for 14 suspects
4. New proposals on way to troika
5. Cabbie who carried shooter claims he was threatened
6. Gov´t urged to allow Syrian refugees to move on
more news
Today
This Week
1. Change of US president won't mean change of foreign policy
2. Child molester suspect photo released by police
3. Greek economy expands 0.7 pct q/q in Q3
4. Lebanese FM: Cyprus may be jihadi transit point
5. Athens water supply 9-month profit falls 45 pct on lower charges
6. Armed man arrested on Thessaloniki campus
Today
This Week
1. Give Greece a chance
2. Extremism from a bygone era
3. Scientists expand excavation of ancient Amphipolis
4. Greece paralyzed by major strike, flights cancelled
5. Piraeus nightclub shooting leaves 3 seriously injured
6. Cosco’s Greek unit adds multinational rail-freight client
   Find us ...
  ... on
Twitter
     ... on Facebook   
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright © 2014, H KAΘHMEPINH All Rights Reserved.