Τρίτη 7 Ιουνίου 2011

Greek-China Ties: Upward Trends

Greek-China Ties: Upward Trends

Link to GREEK NEWS AGENDA

Greek-China Ties: Upward Trends

Posted: 07 Jun 2011 03:03 AM PDT

  • Exports to China Up
Greek exports to China increased by 55.9% in 2010, Regional Development & Competitiveness Minister Michalis Chryssohoidis said yesterday, addressing a high-profile Greek-Chinese Business Forum, organised by the Hellenic-Chinese Chamber and the China Chamber of Commerce for Import and Export of Machinery & Electronics Products (CCCME) in Athens.

Chryssohoidis further invited Chinese entrepreneurs to take advantage of a new investment environment created in Greece and develop joint actions with local enterprises in fields where both countries have increased know-how, especially in ocean-going shipping, tourism, energy, commerce and constructions. 

On his part, Zhang Yujing, the president of CCCME, said bilateral trade now totals € 4.35 billion, adding that 86 Chinese entrepreneurs from 61 companies are participating in the Athens forum with the aim to sign agreements with representatives of 187 Greek businesses.

  • Tourism Boost
Addressing the same event, Culture & Tourism Minister Pavlos Yeroulanos spoke of a 75% increase in the number of Chinese nationals visiting Greece although, in absolute figures, the numbers remain low.

He further stressed Greece's keen interest in attracting visitors from the vast country and the efforts being made in this direction: streamlining and simplifying visa-issuing procedures for Chinese nationals; a permanent air link connecting Beijing and Athens as well as a better understanding by Greek entrepreneurs of the vast Chinese market and Chinese society.

Finally, Yeroulanos said the ministry has already been implementing two joint campaigns in China, a Greece-Turkey promotion and a Greece-Israel one, while talks are being held with Italian and Egyptian tourism authorities for similar ventures.

Culture & Tourism Ministry: Yeroulanos' Address to the Forum (in Greek);

Greek News Agenda: Minister of State visits China & Tourism: Meeting the challenges

OTE Stake to Be Sold

Posted: 07 Jun 2011 03:02 AM PDT


A 10% stake in Hellenic Telecommunications Organization (OTE), owned by the Greek state, will be sold to Deutsche Telekom, according to a decision taken by the Greek government.

The Bonn-based company announced that Greece exercised a put option to sell a 10% stake in OTE for around €400 million.

Once the shares have been transferred as part of the put option, the Greek state will hold 10% plus one vote in OTE, with Deutsche Telekom owning 40% plus one vote.

Greece: First Auction of Unused CO2 allowances

Posted: 07 Jun 2011 03:02 AM PDT


Greece will hold the first auction for 10 million tonnes of unused carbon emission allowances via the Athens Stock Exchange (ASE) by the end of this month, Environment, Energy and Climate Change ministry announced on June 2. The auctions will be carried out gradually, following the signing of a contact with the ASE. The emission rights on auction are from the allowances set aside for new units in 2008-2012.

These were held back to be given to new industrial units that were forecast to begin operating during this period, after the initial allocation of carbon rights by each state. As a result of the economic crisis, however, there have been fewer investments in Greece and rights for 10 million tonnes of CO2 emissions remained unclaimed and will now be auctioned off.

Environment, Energy & Climate Change Ministry: Press release (in Greek)

Gabby Awards: Greek America’s Best!

Posted: 07 Jun 2011 03:02 AM PDT


Hosted on Ellis Island, New York, the Gabby Awards are the top achievement awards for Greek Americans. Founded in 2009 to celebrate the 15th anniversary of the launching of Greek America Magazine, the Gabby Awards serve as the "Oscars" of the Greek American community. This year's award ceremony took place on June 4.

Winners include: Constantine Maroulis, former American Idol sixth-place finalist and Tony Award-nominated actor, Maine Senator Olympia Snowe, surgeon Dr. Andreas Tzakis, Academy Award-winning film documentarian and photographer, Louie Psihoyos and former Governor of Massachusetts and U.S. Presidential Candidate Michael Dukakis.

In addtion, artist Stephen Antonakos, the Chancellor of the University of California Davis, Dr. Linda Katehi, NHL Hockey Player Chris Chelios, AHEPA (American Hellenic Educational Progressive Association) President Nick Karakostas, the Chairman and CEO of Fox Films Entertainment, James Gianopulos, while Peter Karmanos, Jr., owner of the Carolina Hurricanes, accepted the "Philanthropy" award.

"Kalimera" Scandinavia

Posted: 07 Jun 2011 03:02 AM PDT


Greece was the honoured country at Sweden's annual Archipelago Fair, this year held on May 27-29 in Stockholm. "North Events" a company specializing in promoting Greek tourism destinations and traditional products in Nordic countries, was responsible for organizing the Greek participation in the Fair.


Archipelago Fair is the most popular outdoor exhibition event in Sweden attracting more than 50,000 visitors. Besides Stockholm, Greek products have found another "home" in Scandinavia. On June 1, Kalimera Hellas the first exclusive store selling traditional products from Greece opened in Oslo Norway.
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