Friday March 6, 2015 Search
Weather | Athens
20o C
11o 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)  
Cash-strapped Greece repays first part of IMF loan due in March
Greece must repay loans in full, bailout fund head says
Jobless rate starts picking up again
Election lifted consumers’ mood
Greek reforms list cites tackling evasion, fiscal savings, source says
Greece has promised to fight tax evasion and generate fiscal savings as part of an updated set of reforms sent to euro zone partners ahead of a meeting of finance ministers from the bloc on ...
Greece sends new letter with details on reforms, sources in Brussels say
Greek Finance Minister Yanis Varoufakis on Friday sent a new letter to the Eurogroup essentially fleshing out the six reform proposals that Greece is expected to present at Monday's meeting ...
Inside News
BASKETBALL
Barcelona beats Panathinaikos once more
For the fourth time this season Panathinaikos failed to beat Barcelona, this time in Athens, losing 81-77 on Thursday and denting its chances for a privileged top-two finish in its Euroleagu...
SOCCER
Iraklis, Apollon and Xanthi in Cup semis
The prospect of a second-division team reaching the Greek Cup final has grown considerably after two out of the three teams that made the semifinals this week come from the Football League. ...
Inside Sports
COMMENTARY
PISA, Schengen, mediocrity and isolation
Greece’s most serious problem is not the economic and political crisis, though it did contribute greatly to it. At the root of our evil lies our great isolation, not only from our partners i...
COMMENTARY
Balancing the Greek budget: The ancient Athenian perspective
Is democracy good for balancing a budget? For many today the answer is a resonating no. This answer is easy to understand. In the birthplace of democracy, Greece, the state’s budget is a mes...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
 RECENT NEWS
1. Greek reforms list cites tackling evasion, fiscal savings, source says
2. Greece sends new letter with details on reforms, sources in Brussels say
3. Cash-strapped Greece repays first part of IMF loan due in March
4. Greek and German bruisers limber up for ´rumble in the eurozone´
5. Greece must repay loans in full, bailout fund head says
6. BoG chief Stournaras briefs PM Tsipras on ECB´s decisions on Greece [Update]
more news
Today
This Week
1. BoG chief Stournaras briefs PM Tsipras on ECB's decisions on Greece [Update]
2. Greece must repay loans in full, bailout fund head says
3. Greek and German bruisers limber up for 'rumble in the eurozone'
4. Cash-strapped Greece repays first part of IMF loan due in March
5. Greece sends new letter with details on reforms, sources in Brussels say
6. Greek reforms list cites tackling evasion, fiscal savings, source says
Today
This Week
1. Greece to make international protest over Turkey reserving Aegean air space
2. The Greek tax drama
3. SYRIZA feeling the pain
4. Varoufakis to make six reform proposals at Monday's Eurogroup
5. The unlikely winners of Greece's surrender on euro
6. Tsipras reversal draws Greek sympathy as party rumblings rise
   Find us ...
  ... on
Twitter
     ... on Facebook   
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright © 2015, H KAΘHMEPINH All Rights Reserved.